SANTA ANA, Calif., June 3, 2016 /PRNewswire/ -- Silex Technology America, Inc., a global leader in wired and wireless networking solutions, is proud to announce that the company delivered year-over-year revenue growth of 20 percent for the third consecutive year in fiscal year 2015. Silex Technology saw strong sales in their embedded wireless product lines, fueled by the rapid adoption of wireless technologies in healthcare and medical device applications that require the enterprise security and high reliability that Silex products provide.
Silex Technology's strategic technology partnerships also have contributed to the company's success. Silex is one of 15 Qualcomm Atheros Authorized Design Centers and an NXP proven partner for Wi-Fi connectivity. In addition to these long-standing relationships, Silex announced two new partnerships in 2015. The company signed a global distribution agreement with Arrow Electronics and worked with Renesas Electronics to integrate a highly reliable Wi-Fi connectivity option for the Renesas Starter Kit for RZ/A1.
"We are pleased with our success last year and are well positioned for continued growth in 2016 and beyond," said David Smith, president and CEO of Silex Technology America. "As wireless connectivity is a requirement in every industry, we remain intensely focused on developing solutions that provide the reliability, security and stability necessary for customers' applications, today and in the future."
Silex Technology invests heavily in research and development to meet the connectivity needs of this growing customer base and ensure continued growth. More than 55 percent of Silex Technology employees are dedicated to R&D, which yields a steady stream of new products, leading technology and innovations into the market. The latest product releases include SX-ULPGN, a low-cost, ultra low-power single-stream Wi-Fi IoT module and SX-SDMAC and SX-SDPAC, the industry's first IEEE 802.11ac SDIO Wi-Fi modules to deliver enterprise-grade, dual-band 802.11 ac Wi-Fi connectivity with link rates as high as 430Mbps.
Over the next three years, Silex Technology is targeting additional revenue growth of 60 percent. The company expects this growth to come from all four of its product categories: embedded wireless, device networking, wireless infrastructure and display connectivity. Silex will continue to focus on high-growth vertical markets including document imaging, medical and telematics and will expand into new areas such as education and industrial automation.
About Silex Technology America, Inc.
Silex Technology builds on more than 40 years of hardware and software connectivity know-how and IP, custom design development experience, and in-house manufacturing capabilities, bringing value to customers with a foundation of technical expertise. With relentless attention to quality, exclusive access to Qualcomm Atheros expertise, and strategic partnerships with leading semiconductor providers, Silex Technology is the global leader in reliable Wi-Fi connectivity for products ranging from a medical device to a document imaging product to a video or digital display. With Silex Technology, customers get a single vendor that provides hardware and software support from design through manufacturing for successful product after successful product. For more information, please visit www.silexamerica.com.
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SOURCE Silex Technology America, Inc.