IDT Celebrates Leadership Position in Wireless Power with 70 Million Units Shipped
Wireless Power Has Passed the Tipping Point Toward Mainstream Adoption
SAN JOSE, Calif., Feb. 16, 2016— Integrated Device Technology, Inc.® (IDT®) (NASDAQ: IDTI) today announced that it has shipped more than 70 million units of its cutting-edge wireless power semiconductors. As the leader in wireless power, IDT’s transmitters and receivers are delivering wireless charging capabilities globally for such products as Samsung and LG smartphones, Belkin transmitter applications and IKEA furniture.
In addition to early implementation in consumer products, IDT is seeing overwhelming interest in its easy-to-use mass market wireless power kits. This clearly indicates that the technology has crossed the chasm from early adoption to broad market deployment. These 5 W, Qi-certified kits are composed of all the hardware, software and documentation needed to deliver a true “plug-and-play” experience for developers to quickly integrate wireless charging capabilities into their designs.
“2015 was the turning point for wireless power adoption, and in 2016 this capability will become much more commonplace in a variety of portable electronic applications,” said David Green, research manager, power supplies and wireless power at IHS. “The infrastructure is developing, and consumers will begin to see wireless power capabilities touted in a much broader array of products on store shelves.”
“IDT has emerged as the clear leader in the wireless power market with highly integrated solutions based on leading-edge technology,” said Dave Shepard, vice president and general manager of IDT’s Consumer Products Division. “Whether developing custom chips for global technology leaders or providing easy-to-use kits for the mass market, we continue to meet and exceed demanding customer expectations.”
IDT will demonstrate its latest wireless power technology for the media at MobileFocus Global, a media event on the eve of Mobile World Congress. The event runs 7 to 10 p.m. Sunday, Feb. 21 at the Palau de Congressos de Catalunya, adjacent to the Hotel Rey Juan Carlos I, in Barcelona.
IDT is a leader in wireless power transmitter and receiver solutions for wireless charger applications, addressing all major standards and technologies with an extensive portfolio of standards-certified products. IDT has proven expertise in both magnetic induction and magnetic resonance technologies, and actively participates in the Wireless Power Consortium (WPC) and AirFuel Alliance as a board member. IDT has introduced a number of innovative and award-winning products, including the first true single-chip transmitter, the highest-output-power single chip receiver, and the first dual-mode receiver IC compatible with both WPC and PMA (now AirFuel Alliance) standards. Prominent industry players have recognized this leadership and partnered with IDT as their silicon vendor for next-generation wireless power solutions.
Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. IDT’s market-leading products in timing, wireless power transfer, serial switching and interfaces are among the company’s broad array of complete mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. Headquartered in San Jose, Calif., IDT has design, manufacturing, sales facilities and distribution partners throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol “IDTI.” Additional information about IDT is accessible at www.IDT.com. Follow IDT on Facebook, LinkedIn, Twitter, YouTube and Google+.
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