Silicon Labs dismisses EY, appoints Deloitte as auditor; cites prior material weakness in inventory controls

SILICON LABORATORIES INC.

Audit Committee dismissed Ernst & Young as independent auditor on March 3, 2025, and appointed Deloitte & Touche for fiscal year ending Jan 3, 2026.
No reportable disagreements occurred in fiscal years 2023 or 2024; EY's prior reports were unqualified.
EY's 2023 audit report identified a material weakness in internal control over inventory accounting.
Change follows a competitive proposal process; EY furnished an SEC letter agreeing with the disclosures.

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