Sub-theme: Energy efficient products
Silicon Laboratories designs and develops analog semiconductors and other electronic components that are used to control and connect devices. The company has particular expertise in ultra-lower power devices. It also develops and sells technologies that play a critical role in the ‘internet of things’ (IoT) which enables greater efficiencies through closer analysis and control of electrical equipment used in the automotive, communications, home and industrial automation, power and retail sectors.
Impact Score: 22%
While Silicon Labs’ products are key enablers of the IoT, they are a small proportion of the total solution. Efficiency benefits are expected to be widespread but incremental across multiple end markets.
Fundamental Quality: 68%
The company has developed a core focus on the IoT and built up significant intellectual property in connectivity applications. With a high quality management team and exemplary employee practices, the company is now also addressing wider ESG issues in the business.
(per £1m invested in this company FY23)
- Generation of electronic waste at end-of-life
- Efficiency benefits overwhelmed by higher consumption (rebound effect)
