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SLABBullishIndustry Newsnews
High materiality7/10

Silicon Labs and Signify Enable Concurrent Protocols in Philips Hue Bulbs

Jun 23, 2026, 12:03 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Demonstrates real-world CMP deployment with a major consumer brand, suggesting demand for SLAB's concurrent-multi-protocol chips could grow; though no near-term revenue figures are disclosed, the collaboration validates SLAB’s CMP positioning with Signify’s scale.

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Silicon Labs and Signify unveiled a CMP collaboration enabling Philips Hue bulbs to operate Zigbee and Matter over Thread concurrently. The MG26 and SiMG301 wireless SoCs power the new generation, with a software update later this year to roll out concurrent operation. The move highlights growing CMP adoption across open ecosystems, potentially expanding SLAB's addressable smart home opportunities.

  • Silicon Labs and Signify announce CMP for Philips Hue bulbs.
  • Hue will run Zigbee and Matter over Thread concurrently on one device.
  • MG26 and SiMG301 power the CMP-enabled Hue generation; rollout this year.
  • Software update to enable concurrent operation will roll out later this year.

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