diff --git a/components/esp_wifi/Kconfig b/components/esp_wifi/Kconfig
index f23903c00da..369b5d27bc2 100644
--- a/components/esp_wifi/Kconfig
+++ b/components/esp_wifi/Kconfig
@@ -414,7 +414,8 @@ menu "Wi-Fi"
     config ESP_WIFI_SLP_BEACON_LOST_TIMEOUT
         int "Beacon loss timeout"
         range 5 100
-        default 10
+        default 25 if ESP_COEX_SW_COEXIST_ENABLE
+        default 10 if (!ESP_COEX_SW_COEXIST_ENABLE)
         depends on ESP_WIFI_SLP_BEACON_LOST_OPT
         help
             Timeout time for close rf phy when beacon loss occurs, Unit: 1024 microsecond.
diff --git a/components/esp_wifi/lib b/components/esp_wifi/lib
index 5779457dea9..2b12cece794 160000
--- a/components/esp_wifi/lib
+++ b/components/esp_wifi/lib
@@ -1 +1 @@
-Subproject commit 5779457dea99d54072842e7ab52c73e80a5726b4
+Subproject commit 2b12cece79403ae820c0cefde36e99a41f898b31