Silicon Laboratories(SLAB) - 2022 Q2 - Earnings Call Presentation

Company Overview - Silicon Labs is a leader in secure, intelligent wireless technology, serving approximately 25,000 customers and holding around 1,400 patents[5,8,9] - The company's vision is to empower developers to create wirelessly connected devices that transform industries, grow economies, and improve lives[14] Market Position and Growth - Silicon Labs consistently outperforms the market in year-over-year growth[26,27] - The Edge IoT market is large and accelerating, with an estimated market opportunity of $17.4 billion[28,29] - The Industrial & Commercial market segment is experiencing a 15% SAM CAGR from 2021-2025 due to global utility refresh and smart infrastructure deployments[30] - The Home & Life market segment shows durable demand and a growing opportunity, with a CAGR of over 12% from 2021-2025[31] Strategy and Portfolio - Silicon Labs has a broad and deep wireless portfolio, unmatched in the industry[39] - The company is an ecosystem leader, defining the future of IoT with a wide range of protocols and technology partners[37,44] - Silicon Labs is positioned to win, lead, and scale in the Home & Life market, actively shaping the future of IoT[43] Financial Performance and Targets - The company is targeting a long-term revenue CAGR of approximately 20%[46] - Silicon Labs aims for a long-term target model with mid-50s% gross margin and operating income in the mid-20s% of sales at $1.5 billion revenue[46] - The company has a $15.5 billion opportunity pipeline and design win growth of +44% in 2021[46]