Leading microcontroller and touch solutions provider Atmel Corporation (ATML) recently extended its wireless portfolio by introducing two new turn-key system-on-chips (SoCs) and four new modules featuring these SoCs. The WILC1000 and WINC1500 SoCs enable Atmel to offer compatible solutions for battery-powered Internet of Things (IoT) applications to capitalize on this huge market potential.
The new SoCs can be connected to any Atmel AVR (Advanced Virtual RISC) or Atmel SMART MCUs (microcontrollers). These add-on solutions enable device manufacturers to connect to a wide range of IoT, consumer and industrial applications without compromising on cost or performance.
According to data by research agency International Data Corporation, the global IoT market is likely to expand manifold to $7.1 trillion by 2020, as more and more people develop an affinity for full-time connectivity. The worldwide IoT installed base is expected to have a compound annual growth rate of 17.5% from 2013 to 2020 with a wide proliferation across the full breadth of the IoT ecosystem, including intelligent and embedded systems shipments, connectivity services, infrastructure, purpose-built IoT platforms, applications, security, analytics, and professional services.
The WILC1000 SoC is available both as a chip and in three different modules, while the WINC1500 SoC is available as a chip and module featuring Atmel's SAMD21 MCU. These products allow OEMs (original equipment manufacturers) and small developers to streamline the production of IoT devices that are smaller, easier to use, faster and more powerful with low power consumption and optimized battery performance.
Based in San Jose, CA, Atmel designs, develops, manufactures and sells integrated circuit (IC) products. These products include MCUs, advanced logic, mixed-signal, non-volatile memory and radio frequency (RF) components. Atmel produces non-volatile memory that stores information after power is turned off and combines this with MCUs, digital signal processors and other logic to meet the needs of its customers.
Atmel currently has a Zacks Rank #4 (Sell). Other stocks that look promising in the industry include Ambarella, Inc. (AMBA), Avago Technologies Limited (AVGO) and Pericom Semiconductor Corp. (PSEM), each carrying a Zacks Rank #1 (Strong Buy).
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