Ember announced it has reached a key milestone in its quest to become the world’s foremost provider of ZigBee technology for smart meters and home area network (HAN) products when it became the first company to ship more than 10 million ZigBee wireless chips. This milestone is reflected in the company’s record revenues and sales bookings, making it well positioned for almost 300% annual revenue growth in 2010.
Ember’s growth has been driven by large-scale deployments of smart energy technologies by utilities, device manufacturers, and smart home products for applications in energy management and home security, monitoring and automation. Across the world, billions are being invested in smart grid programs as part of grid modernisation and carbon emission control measures and ZigBee has become the chosen low-power wireless standard for advanced metering and HAN. Consequently, ZigBee chipset shipments are projected to reach as high as 192 million units in 2014, up from just over 5 million units in 2008, according to research firm West Technology Research Solutions.
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