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Silicon Laboratories Wins the GSA’s Analyst Favorite Semiconductor Company Award

  Silicon Laboratories Wins the GSA’s Analyst Favorite Semiconductor Company
  Award

   Mixed-Signal Innovator Chosen by Needham & Company for Steady Growth and
                         Overall Performance in 2012

Business Wire

AUSTIN, Texas -- December 17, 2012

Silicon Laboratories Inc. (Nasdaq: SLAB), a leader in high-performance,
analog-intensive, mixed-signal integrated circuits (ICs), today announced that
it won the prestigious Analyst Favorite Semiconductor Company Award presented
by Needham & Company at the Global Semiconductor Alliance Award Dinner
Celebration held on December 13 in San Jose, California.

“This award represents more than a company’s absolute return on share price or
financial performance but steady improvements throughout 2012,” said Vernon
Essi, senior analyst for analog and mixed-signal semiconductors, Needham &
Company. “All of the nominees deserve accolades for their 2012 performance and
overall strategies. However, I felt that Silicon Labs performed remarkably
well as it successfully exited a less strategic business and delivered on
growth in its most differentiated products. I am pleased to name Silicon Labs
as the recipient of this well-deserved award.”

The GSA award dinner, one of the semiconductor industry’s premier events,
recognizes companies that have demonstrated excellence through their vision,
strategies and execution. The annual celebration honors the achievements of
companies in several categories ranging from outstanding leadership to
financial accomplishments, as well as overall respect within the industry.

“I am honored to accept this award on behalf of all the employees of Silicon
Labs,” said Tyson Tuttle, president and CEO of Silicon Labs. “We are very
focused on becoming a leader in our industry, and we are building the great
products and strong business model to achieve that goal. We appreciate this
recognition, particularly among such a strong group of nominees.”

“We are thrilled for the Silicon Labs team to receive the 2012 Analyst
Favorite Semiconductor Company Award by Needham & Company,” said Jodi Shelton,
co-founder and president of GSA. “This award is a true recognition of Silicon
Labs’ continued success and history of innovation in the analog/mixed-signal
market, and we congratulate them on this honor.”

About GSA

The Global Semiconductor Alliance (GSA) mission is to accelerate the growth
and increase the return on invested capital of the global semiconductor
industry by fostering a more effective ecosystem through collaboration,
integration and innovation. It addresses the challenges within the supply
chain including IP, EDA/design, wafer manufacturing, test and packaging to
enable industry-wide solutions. Providing a platform for meaningful global
collaboration, the Alliance identifies and articulates market opportunities,
encourages and supports entrepreneurship, and provides members with
comprehensive and unique market intelligence. Members include companies
throughout the supply chain representing 30 countries across the globe.
www.gsaglobal.org

Silicon Laboratories Inc.

Silicon Laboratories is an industry leader in the innovation of
high-performance, analog-intensive, mixed-signal ICs. Developed by a
world-class engineering team with unsurpassed expertise in mixed-signal
design, Silicon Labs’ diverse portfolio of patented semiconductor solutions
offers customers significant advantages in performance, size and power
consumption. For more information about Silicon Labs, please visit
www.silabs.com.

Cautionary Language

This press release may contain forward-looking statements based on Silicon
Laboratories’ current expectations. These forward-looking statements involve
risks and uncertainties. A number of important factors could cause actual
results to differ materially from those in the forward-looking statements. For
a discussion of factors that could impact Silicon Laboratories' financial
results and cause actual results to differ materially from those in the
forward-looking statements, please refer to Silicon Laboratories’ filings with
the SEC. Silicon Laboratories disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.

Note to editors: Silicon Laboratories, Silicon Labs, the “S” symbol, the
Silicon Laboratories logo and the Silicon Labs logo are trademarks of Silicon
Laboratories Inc. All other product names noted herein may be trademarks of
their respective holders.

Follow Silicon Labs on Twitter at http://twitter.com/silabs and on Facebook at
http://www.facebook.com/siliconlabs.

Explore Silicon Labs’ diverse product portfolio at
www.silabs.com/parametric-search.

Contact:

Silicon Laboratories Inc.
Dale Weisman, +1-512-532-5871
dale.weisman@silabs.com