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Yes, the .LIB format is backward compatible. For Proteus 7, use the legacy version (avoid HEX models).
The downloaded library file is incomplete. Look for a file with the same name but .MODEL extension inside the library ZIP. Conclusion Finding a reliable TSOP1738 Proteus library download is crucial for anyone designing or learning IR communication circuits. While Proteus doesn’t include this component by default, the open-source community has filled the gap with accurate, simulation-ready models.