Munich and San Jose, California – 19 October 2021 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced software support for the newest emerging smart home standard: Matter. Many leading smart home products use Infineon’s AIROC™ Wi-Fi®, AIROC Bluetooth®, and PSoC™ 6 MCU products. In this regard, support for Matter in Infineon’s ModusToolbox™ Software and Tools is an important milestone for the adoption of the emerging standard and expected to accelerate the deployment of Matter products.
Interoperability has been a barrier to the broad adoption of smart home products. According to Parks Associates, 75 percent of customers purchasing a new smart home device want it to work with the existing devices in their home. Matter – the new smart home standard from the Connectivity Standards Alliance (CSA) – promises interoperable, secure connectivity for the future of the smart home. Several of today’s smart home market key ecosystem players – including Apple, Amazon, Google and Comcast – joined together in 2019 to develop and promote this new standard.
Many of the 320 million smart speakers in today’s homes are likely to be updated over-the-air to support Matter, after the Matter specification has been finalized. In general, it takes years for a new standard to be impactful; new infrastructure has to be rolled out and customers have to adopt it. The ability for smart speakers and other devices installed in consumer’s homes to be updated over-the-air will accelerate the deployment of Matter gateways to weeks or months, rather than years. This will potentially enable hundreds of millions of homes with these devices. The rapid deployment will create a new, large-scale opportunity for companies making Matter products.
Infineon’s software support for Matter helps two sets of companies. First, companies already using Infineon’s AIROC Wi-Fi or Bluetooth and PSoC 6 MCUs, in many cases, can leverage the new software to add Matter capability to existing products. Next, product companies can take advantage of this new high-growth market by quickly bringing Matter-compliant products to market using Infineon’s software and broad portfolio of AIROC Wi-Fi, AIROC Bluetooth and PSoC 6 MCUs.
Infineon’s unique combination of software support for Matter, ModusToolbox software and tools, broad family of AIROC connectivity chips and PSoC 6 MCUs, and its involvement in Matter open-source development puts it in a strong position to help companies quickly bring Matter products to market. This will help accelerate the adoption of this new smart home standard.