diff --git a/arch/arm64/boot/dts/ti/k3-am65-iot2050-common-pg1.dtsi b/arch/arm64/boot/dts/ti/k3-am65-iot2050-common-pg1.dtsi
new file mode 100644
index 000000000000..51f902fa35a7
--- /dev/null
+++ b/arch/arm64/boot/dts/ti/k3-am65-iot2050-common-pg1.dtsi
@@ -0,0 +1,46 @@
+// SPDX-License-Identifier: GPL-2.0
+/*
+ * Copyright (c) Siemens AG, 2021
+ *
+ * Authors:
+ *   Jan Kiszka <jan.kiszka@siemens.com>
+ *
+ * Common bits of the IOT2050 Basic and Advanced variants, PG1
+ */
+
+&dss {
+	assigned-clocks = <&k3_clks 67 2>;
+	assigned-clock-parents = <&k3_clks 67 5>;
+};
+
+&serdes0 {
+	status = "disabled";
+};
+
+&sdhci1 {
+	no-1-8-v;
+};
+
+&tx_pru0_0 {
+	status = "disabled";
+};
+
+&tx_pru0_1 {
+	status = "disabled";
+};
+
+&tx_pru1_0 {
+	status = "disabled";
+};
+
+&tx_pru1_1 {
+	status = "disabled";
+};
+
+&tx_pru2_0 {
+	status = "disabled";
+};
+
+&tx_pru2_1 {
+	status = "disabled";
+};
diff --git a/arch/arm64/boot/dts/ti/k3-am65-iot2050-common.dtsi b/arch/arm64/boot/dts/ti/k3-am65-iot2050-common.dtsi
index b29537088289..65da226847f4 100644
--- a/arch/arm64/boot/dts/ti/k3-am65-iot2050-common.dtsi
+++ b/arch/arm64/boot/dts/ti/k3-am65-iot2050-common.dtsi
@@ -4,13 +4,11 @@
  *
  * Authors:
  *   Le Jin <le.jin@siemens.com>
- *   Jan Kiszka <jan.kiszk@siemens.com>
+ *   Jan Kiszka <jan.kiszka@siemens.com>
  *
- * Common bits of the IOT2050 Basic and Advanced variants
+ * Common bits of the IOT2050 Basic and Advanced variants, PG1 and PG2
  */
 
-/dts-v1/;
-
 #include "k3-am654.dtsi"
 #include <dt-bindings/phy/phy.h>
 
@@ -557,7 +555,6 @@ &sdhci1 {
 	pinctrl-0 = <&main_mmc1_pins_default>;
 	ti,driver-strength-ohm = <50>;
 	disable-wp;
-	no-1-8-v;
 };
 
 &usb0 {
@@ -631,10 +628,6 @@ dpi_out: endpoint {
 	};
 };
 
-&serdes0 {
-	status = "disabled";
-};
-
 &pcie0_rc {
 	status = "disabled";
 };
@@ -738,27 +731,3 @@ &icssg1_mdio {
 &icssg2_mdio {
 	status = "disabled";
 };
-
-&tx_pru0_0 {
-	status = "disabled";
-};
-
-&tx_pru0_1 {
-	status = "disabled";
-};
-
-&tx_pru1_0 {
-	status = "disabled";
-};
-
-&tx_pru1_1 {
-	status = "disabled";
-};
-
-&tx_pru2_0 {
-	status = "disabled";
-};
-
-&tx_pru2_1 {
-	status = "disabled";
-};
diff --git a/arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic.dts b/arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic-common.dtsi
similarity index 80%
copy from arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic.dts
copy to arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic-common.dtsi
index 94bb5dd39122..4a9bf7d7c07d 100644
--- a/arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic.dts
+++ b/arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic-common.dtsi
@@ -4,20 +4,14 @@
  *
  * Authors:
  *   Le Jin <le.jin@siemens.com>
- *   Jan Kiszka <jan.kiszk@siemens.com>
+ *   Jan Kiszka <jan.kiszka@siemens.com>
  *
- * AM6528-based (dual-core) IOT2050 Basic variant
- * 1 GB RAM, no eMMC, main_uart0 on connector X30
+ * Common bits of the IOT2050 Basic variant, PG1 and PG2
  */
 
-/dts-v1/;
-
 #include "k3-am65-iot2050-common.dtsi"
 
 / {
-	compatible = "siemens,iot2050-basic", "ti,am654";
-	model = "SIMATIC IOT2050 Basic";
-
 	memory@80000000 {
 		device_type = "memory";
 		/* 1G RAM */
@@ -61,6 +55,6 @@ &main_uart0 {
 };
 
 &mcu_r5fss0 {
-	/* lock-step mode not supported on this board */
+	/* lock-step mode not supported on Basic boards */
 	ti,cluster-mode = <0>;
 };
diff --git a/arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic.dts b/arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic.dts
index 94bb5dd39122..87928ff28214 100644
--- a/arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic.dts
+++ b/arch/arm64/boot/dts/ti/k3-am6528-iot2050-basic.dts
@@ -4,63 +4,21 @@
  *
  * Authors:
  *   Le Jin <le.jin@siemens.com>
- *   Jan Kiszka <jan.kiszk@siemens.com>
+ *   Jan Kiszka <jan.kiszka@siemens.com>
  *
- * AM6528-based (dual-core) IOT2050 Basic variant
+ * AM6528-based (dual-core) IOT2050 Basic variant, Product Generation 1
  * 1 GB RAM, no eMMC, main_uart0 on connector X30
+ *
+ * Product homepage:
+ * https://new.siemens.com/global/en/products/automation/pc-based/iot-gateways/simatic-iot2050.html
  */
 
 /dts-v1/;
 
-#include "k3-am65-iot2050-common.dtsi"
+#include "k3-am6528-iot2050-basic-common.dtsi"
+#include "k3-am65-iot2050-common-pg1.dtsi"
 
 / {
 	compatible = "siemens,iot2050-basic", "ti,am654";
 	model = "SIMATIC IOT2050 Basic";
-
-	memory@80000000 {
-		device_type = "memory";
-		/* 1G RAM */
-		reg = <0x00000000 0x80000000 0x00000000 0x40000000>;
-	};
-
-	cpus {
-		cpu-map {
-			/delete-node/ cluster1;
-		};
-		/delete-node/ cpu@100;
-		/delete-node/ cpu@101;
-	};
-
-	/delete-node/ l2-cache1;
-};
-
-/* eMMC */
-&sdhci0 {
-	status = "disabled";
-};
-
-&main_pmx0 {
-	main_uart0_pins_default: main-uart0-pins-default {
-		pinctrl-single,pins = <
-			AM65X_IOPAD(0x01e4, PIN_INPUT,  0)  /* (AF11) UART0_RXD */
-			AM65X_IOPAD(0x01e8, PIN_OUTPUT, 0)  /* (AE11) UART0_TXD */
-			AM65X_IOPAD(0x01ec, PIN_INPUT,  0)  /* (AG11) UART0_CTSn */
-			AM65X_IOPAD(0x01f0, PIN_OUTPUT, 0)  /* (AD11) UART0_RTSn */
-			AM65X_IOPAD(0x0188, PIN_INPUT,  1)  /* (D25) UART0_DCDn */
-			AM65X_IOPAD(0x018c, PIN_INPUT,  1)  /* (B26) UART0_DSRn */
-			AM65X_IOPAD(0x0190, PIN_OUTPUT, 1)  /* (A24) UART0_DTRn */
-			AM65X_IOPAD(0x0194, PIN_INPUT,  1)  /* (E24) UART0_RIN */
-		>;
-	};
-};
-
-&main_uart0 {
-	pinctrl-names = "default";
-	pinctrl-0 = <&main_uart0_pins_default>;
-};
-
-&mcu_r5fss0 {
-	/* lock-step mode not supported on this board */
-	ti,cluster-mode = <0>;
 };
diff --git a/arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced.dts b/arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced-common.dtsi
similarity index 85%
copy from arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced.dts
copy to arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced-common.dtsi
index ec9617c13cdb..d25e8b26187f 100644
--- a/arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced.dts
+++ b/arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced-common.dtsi
@@ -4,10 +4,9 @@
  *
  * Authors:
  *   Le Jin <le.jin@siemens.com>
- *   Jan Kiszka <jan.kiszk@siemens.com>
+ *   Jan Kiszka <jan.kiszka@siemens.com>
  *
- * AM6548-based (quad-core) IOT2050 Advanced variant
- * 2 GB RAM, 16 GB eMMC, USB-serial converter on connector X30
+ * Common bits of the IOT2050 Advanced variant, PG1 and PG2
  */
 
 /dts-v1/;
@@ -15,9 +14,6 @@
 #include "k3-am65-iot2050-common.dtsi"
 
 / {
-	compatible = "siemens,iot2050-advanced", "ti,am654";
-	model = "SIMATIC IOT2050 Advanced";
-
 	memory@80000000 {
 		device_type = "memory";
 		/* 2G RAM */
diff --git a/arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced.dts b/arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced.dts
index ec9617c13cdb..077f165bdc68 100644
--- a/arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced.dts
+++ b/arch/arm64/boot/dts/ti/k3-am6548-iot2050-advanced.dts
@@ -4,57 +4,21 @@
  *
  * Authors:
  *   Le Jin <le.jin@siemens.com>
- *   Jan Kiszka <jan.kiszk@siemens.com>
+ *   Jan Kiszka <jan.kiszka@siemens.com>
  *
- * AM6548-based (quad-core) IOT2050 Advanced variant
+ * AM6548-based (quad-core) IOT2050 Advanced variant, Product Generation 1
  * 2 GB RAM, 16 GB eMMC, USB-serial converter on connector X30
+ *
+ * Product homepage:
+ * https://new.siemens.com/global/en/products/automation/pc-based/iot-gateways/simatic-iot2050.html
  */
 
 /dts-v1/;
 
-#include "k3-am65-iot2050-common.dtsi"
+#include "k3-am6548-iot2050-advanced-common.dtsi"
+#include "k3-am65-iot2050-common-pg1.dtsi"
 
 / {
 	compatible = "siemens,iot2050-advanced", "ti,am654";
 	model = "SIMATIC IOT2050 Advanced";
-
-	memory@80000000 {
-		device_type = "memory";
-		/* 2G RAM */
-		reg = <0x00000000 0x80000000 0x00000000 0x80000000>;
-	};
-};
-
-&main_pmx0 {
-	main_mmc0_pins_default: main-mmc0-pins-default {
-		pinctrl-single,pins = <
-			AM65X_IOPAD(0x01a8, PIN_INPUT_PULLDOWN, 0)  /* (B25) MMC0_CLK */
-			AM65X_IOPAD(0x01ac, PIN_INPUT_PULLUP,   0)  /* (B27) MMC0_CMD */
-			AM65X_IOPAD(0x01a4, PIN_INPUT_PULLUP,   0)  /* (A26) MMC0_DAT0 */
-			AM65X_IOPAD(0x01a0, PIN_INPUT_PULLUP,   0)  /* (E25) MMC0_DAT1 */
-			AM65X_IOPAD(0x019c, PIN_INPUT_PULLUP,   0)  /* (C26) MMC0_DAT2 */
-			AM65X_IOPAD(0x0198, PIN_INPUT_PULLUP,   0)  /* (A25) MMC0_DAT3 */
-			AM65X_IOPAD(0x0194, PIN_INPUT_PULLUP,   0)  /* (E24) MMC0_DAT4 */
-			AM65X_IOPAD(0x0190, PIN_INPUT_PULLUP,   0)  /* (A24) MMC0_DAT5 */
-			AM65X_IOPAD(0x018c, PIN_INPUT_PULLUP,   0)  /* (B26) MMC0_DAT6 */
-			AM65X_IOPAD(0x0188, PIN_INPUT_PULLUP,   0)  /* (D25) MMC0_DAT7 */
-			AM65X_IOPAD(0x01b8, PIN_OUTPUT_PULLUP,  7)  /* (B23) MMC0_SDWP */
-			AM65X_IOPAD(0x01b4, PIN_INPUT_PULLUP,   0)  /* (A23) MMC0_SDCD */
-			AM65X_IOPAD(0x01b0, PIN_INPUT,          0)  /* (C25) MMC0_DS */
-		>;
-	};
-};
-
-/* eMMC */
-&sdhci0 {
-	pinctrl-names = "default";
-	pinctrl-0 = <&main_mmc0_pins_default>;
-	bus-width = <8>;
-	non-removable;
-	ti,driver-strength-ohm = <50>;
-	disable-wp;
-};
-
-&main_uart0 {
-	status = "disabled";
 };
