DGAP-News

Dialog Semiconductor Announces Strategic Partnership and Investment with Energous Corporation to Accelerate Wireless Charging Adoption.

DGAP-News: Dialog Semiconductor Plc. / Key word(s): Alliance
Dialog Semiconductor Announces Strategic Partnership and Investment with
Energous Corporation to Accelerate Wireless Charging Adoption.

07.11.2016 / 15:00
The issuer is solely responsible for the content of this announcement.

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Expands Dialog's position in power management by becoming the exclusive
supplier of Energous' disruptive RF-based wireless charging ICs

London, United Kingdom - November 7, 2016 - Dialog Semiconductor plc
(XETRA:DLG), a provider of highly integrated power management, AC/DC power
conversion, solid state lighting (SSL) and Bluetooth(R) low energy (LE)
technology, today announced a strategic investment in Energous Corporation
(NASDAQ: WATT), the developer of WattUp(R), a revolutionary wire-free
charging technology that provides over-the-air power at a distance. Dialog
has agreed to make a $10 million investment in Energous and become the
exclusive component supplier of the WattUp integrated circuits (ICs), while
Energous is able to leverage Dialog's broad sales and distribution channels
to accelerate market adoption.

Energous' WattUp technology provides a unique and more extensive wireless
charging experience compared to traditional coil-based technologies. By
sending energy safely through the air using radio frequencies, WattUp is
able to deliver intelligent, scalable power in a similar way to a Wi-Fi
router. WattUp differs from inductive or resonant wireless charging systems
in that it delivers power at a distance, to multiple devices, in any
orientation, resulting in a wire-free experience that has the ability to
transform the way consumers and industries charge and power electronic
devices at home, in the office, in the car and beyond.

The partnership combines Energous' uncoupled wireless charging technology
and Dialog's power saving technologies to drive market expansion. Energous'
WattUp technology uses Dialog's SmartBond(R) Bluetooth low energy solution
as the out-of-band communications channel between the wireless transmitter
and receiver. Dialog's power management technology is then used to
distribute power from the WattUp receiver IC to the rest of the device
while Dialog's AC/DC Rapid ChargeTM power conversion technology efficiently
delivers power to the wireless transmitter.

WattUp uses small form factor antennas that are formed using the existing
device's printed circuit board, removing the need for larger, more
expensive coils used in competing solutions today. This enables broader
adoption of wireless charging in a larger range of battery-powered devices,