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Qorvo® Launches First Smart Home Device Controller to Support Simultaneous Wireless Communications

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Qorvo (Nasdaq: QRVO) has launched the QPG6100 smart home communications controller featuring ConcurrentConnect™ technology, enabling simultaneous connectivity for various low-power wireless protocols. This innovation aims to enhance communication speed and network capacity in smart homes, facilitating the integration of devices like lighting and sensors. According to IDC, global sales of smart home devices are projected to reach 1.4 billion units by 2024, with a CAGR of 14%. The QPG6100 is available for sampling today.

Positive
  • Launch of QPG6100 smart home controller enhances connectivity for IoT devices.
  • ConcurrentConnect technology allows simultaneous operation of multiple wireless protocols.
  • IDC projects strong growth in smart home device sales, signaling market potential.
Negative
  • None.

ConcurrentConnect™ technology enables seamless connectivity among IoT products using different protocols

GREENSBORO, N.C., March 22, 2021 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative radio frequency solutions that connect the world, has introduced the first smart home communications controller to deliver simultaneous support for multiple ultra-low power wireless protocols. Qorvo’s new QPG6100 communications controller for IoT end devices features the company’s ConcurrentConnect™ technology. This innovation enables faster communications, increases home network capacity and scalability, and allows manufacturers to future-proof connected devices such as lighting and smart home sensors. The technology helps eliminate barriers to growth of the smart home by enabling simultaneous operation of multiple smart devices, regardless of which major wireless standard they use.

IDC forecasts continued adoption of home automation devices and services, projecting global sales of smart home devices will reach 1.4 billion units in 2024, a five-year compound annual growth rate of 14%.

As the IoT expands and more consumers adopt smart home technology, systems engineers and IoT device manufacturers face the challenge of ensuring their sensors can communicate quickly and perform effectively, even as new devices are added. Beyond the familiar Wi-Fi, additional low-power, low-data-rate wireless standards -- including Bluetooth® Low Energy, Thread® and Zigbee® -- are used in smart lighting, thermostats, security sensors and appliances.  With ConcurrentConnect technology, smart home devices all communicate over the home network, even if the sensor uses a different standard or language.

Qorvo’s QPG6100 incorporates simultaneous multi-standard support through ConcurrentConnect technology into a single-radio System on a Chip (SoC). It supports all home network protocols, allowing devices to continuously receive communication without interruption during the listening phase. As an example, Qorvo’s patented approach allows a consumer to quickly dim a light bulb via a smartphone without delay.

When combined with Qorvo’s powerful software development kit, the QPG6100 allows manufacturers to create IoT devices that manage data traffic from multiple standards or protocols at the same time and without latency. The QPG6100 and Qorvo’s QPG7015M IoT transceiver, released last year for wireless routers and gateways, offer ConcurrentConnect support. Both SoCs eliminate a manufacturer’s need to choose in advance which technology — Zigbee, Thread or Bluetooth LE — to incorporate into their devices. They also reduce part count, which lowers cost, simplifies development and support, and enables smaller, more appealing form factors for consumers.

Cees Links, general manager of Qorvo Wireless Connectivity, said, “ConcurrentConnect technology represents a major step beyond dynamic multi-protocol support. A gateway or hub and multiple IoT devices with ConcurrentConnect support create a simplified smart home — with no missed signals. By simultaneously supporting all major wireless protocols, designers and homeowners are assured seamless connectivity as they add new devices. The increased flexibility will inspire more innovative applications in the smart home.”

The QPG6100 smart home controller samples and software development kit are available today.

To learn more about ConcurrentConnect technology, watch the tutorial video or read the whitepaper.

Qorvo’s Wireless Connectivity business is a leading developer of wireless semiconductor system solutions for connected devices that support Wi-Fi and IoT low-power Zigbee, Thread and Bluetooth LE. To learn more about Qorvo solutions that enable the smart home and IoT, visit www.qorvo.com/smarthome.

About Qorvo
Qorvo (Nasdaq: QRVO) makes a better world possible by providing innovative radio frequency (RF) solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise, and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks, and defense radar and communications. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.

Qorvo and ConcurrentConnect are trademarks of Qorvo US, Inc. All other trademarks are the property of their respective owners.



Investor Relations Contact:
Doug DeLieto
VP, Investor Relations
W +1-336-678-7088


Media Contact:
Katie Caballero
Marketing Communications Manager
Qorvo Infrastructure and Defense Products
W + 1 972-994-8546
Katie.caballero@qorvo.com

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions, and are not historical facts and typically are identified by use of terms such as “may,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue” and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management’s current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results; our substantial dependence on developing new products and achieving design wins; our dependence on a few large customers for a substantial portion of our revenue; a loss of revenue if contracts with the United States government or defense and aerospace contractors are canceled or delayed or if defense spending is reduced; the COVID-19 pandemic, which has and will likely continue to negatively impact the global economy and disrupt normal business activities, and which may have an adverse effect on our results of operations; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs due to timing of customer forecasts; our inability to effectively manage or maintain evolving relationships with platform providers; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; our ability to implement innovative technologies; underutilization of manufacturing facilities as a result of industry overcapacity; we may not be able to borrow funds under our credit facility or secure future financing; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; volatility in the price of our common stock; damage to our reputation or brand; fluctuations in the amount and frequency of our stock repurchases; our recent and future acquisitions and other strategic investments could fail to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches and other similar disruptions compromising our information; theft, loss or misuse of personal data by or about our employees, customers or third parties; warranty claims, product recalls and product liability; and risks associated with environmental, health and safety regulations and climate change. Many of the foregoing risks and uncertainties are, and will continue to be, exacerbated by the COVID-19 pandemic and any worsening of the global business and economic environment as a result. These and other risks and uncertainties, which are described in more detail in Qorvo’s most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.


FAQ

What is Qorvo's new technology announced in March 2021?

Qorvo announced the ConcurrentConnect™ technology, enabling seamless connectivity for smart home devices using multiple wireless protocols.

How does the QPG6100 enhance smart home experience?

The QPG6100 allows multiple smart devices to connect simultaneously, improving communication speed and network reliability.

What are the projected sales figures for smart home devices?

IDC forecasts global sales of smart home devices to reach 1.4 billion units by 2024, representing a 14% CAGR.

What markets does Qorvo target with its new smart home controller?

Qorvo targets the growing smart home and IoT markets with its QPG6100 controller.

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