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TXB0106: Level translation for differential encoder signal

Part Number: TXB0106
Other Parts Discussed in Thread: AM26LV32

Dear all

I need to read the differential signals A+, A-, B+, B-, I+ and I- coming from an encoder powered with 5V.

The chip that should be read the encoder is powered with 3.3V.

So I'm thinking to use the TXB0106 voltage translator between the encoder and the chip: is the TXB0106 the best solution?

Many thanks.

Nicola