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Skyworks - Press Release 8-13-2007

Skyworks Receives Certification for Key Automotive Standard

Enables Company to Supply Innovative Solutions to the Automotive Industry As Well as Other Market Segments

Click to visit the Skyworks website

Woburn, Mass. – Aug. 13, 2007 – Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity, today announced that it has received ISO/TS 16949 certification, an internationally accepted automotive quality system accreditation. The ISO/TS 16949 recognition allows Skyworks to become a supplier in the automotive market estimated by Lehman Brothers to have a total available market of approximately $16 billion. The automotive sector offers a range of new growth opportunities for semiconductor companies as cars utilize wireless technology for keyless entry, Bluetooth capability, global positioning system (GPS), satellite radios, climate control, sensors and other applications. Given that ISO/TS 16949 is a key differentiating standard amongst customers across a wide range of industries, achieving this certification also creates opportunities in markets such as broadband, consumer electronics, meter reading, and RFID. “Skyworks is proud to have completed this rigorous audit process involving many facets including design, manufacturing, design validation, final test, packing and shipping,” said Nien-Tsu Shen, vice president of quality at Skyworks. “The stringent certification now positions us well with multiple German, Italian, American and French automotive customers and gives us the opportunity to significantly expand our Linear Products business.” According to a research report published by Lehman Brothers in June 2007 entitled the Semiconductor Handbook, “Automotive represents a core end-market for analog and mixed signal semiconductor companies and suppliers of discrete semiconductor components, among others.” Skyworks launched its Linear Products business to aggressively leverage the company's core RF and analog product portfolio and modeling capabilities, along with its strong catalog sales channels and specialized rep and distributor networks, in non-handset applications. Thus far, Skyworks has secured several strategic design wins in the infrastructure, broadband, medical and industrial markets.

Skyworks Facilities Accredited Under ISO/TS16949

  • Woburn, Mass.: Used for the production of 4 inch GaAs pseudomorphic high electron mobility transistor (PHEMT), metal semiconductor field effect transistor (MESFET), and silicon wafer fabrication for switches, control devices and amplifiers, and discrete radio frequency (RF) diodes

  • Mexicali, Mexico: Used for final test, tape and reel for a wide portfolio of semiconductor solutions including modules, RF-chip scale and fine pitch ball grid array (FPBGA) packages, as well as RF, analog and systems test

  • Failure analysis (FA)/reliability lab in Newbury Park, Calif.

About ISO/TS 16949

ISO/TS 16949 certification, developed by the International Automotive Task Force (IATF) in conjunction with the International Organization for Standardization (ISO) the world's largest developer of standards, aligns existing automotive quality systems standards within the global automotive industry, and aims to eliminate the need for multiple certifications to satisfy customer requirements. The IATF consists of an international group of vehicle manufacturers including BMW Group, DaimlerChrysler, Fiat, Ford Motor Company, General Motors Corporation, PSA Peugeot-Citroen, Renault and Volkswagen. Together with ISO 9001: 2000, the automotive certification specifies the quality system requirements for the design/development, production, installation and servicing of automotive-related products. In addition, there are customer-specific requirements by individual subscribing vehicle manufacturers.

About Skyworks

Skyworks Solutions, Inc. is an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity. The company's power amplifiers, front-end modules and direct conversion radios are at the heart of many of today's leading-edge multimedia handsets. Leveraging core technologies, Skyworks also offers a diverse portfolio of linear products that support automotive, broadband, cellular infrastructure, industrial and medical applications. Headquartered in Woburn, Mass., Skyworks is worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. For more information, please visit Skyworks' Web site at: www.skyworksinc.com.

Safe Harbor Statement

This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information relating to future results and expectations of Skyworks (including certain projections and business trends). Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "believes," "plans," "may," "will," "continue," similar expressions, and variations or negatives of these words. All such statements are subject to certain risks and uncertainties that could cause actual results to differ materially and adversely from those projected, and may affect our future operating results, financial position and cash flows. These risks and uncertainties include, but are not limited to: global economic and market conditions, such as the cyclical nature of the semiconductor industry and the markets addressed by our, and our customers', products; our ability to develop, manufacture and market innovative products in a highly price competitive and rapidly changing technological environment; fluctuations in our manufacturing yields due to our complex and specialized manufacturing processes; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; our ability to timely and accurately predict market requirements and evolving industry standards, and to identify opportunities in new markets; losses or curtailments of purchases or payments from key customers, or the timing of customer inventory adjustments; our reliance on a several key customers for a large percentage of our sales; our ability to rapidly develop new products and avoid product obsolescence; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans; lengthy product development cycles that impact the timing of new product introductions; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; unfavorable changes in product mix; the quality of our products and any remediation costs; shorter than expected product life cycles; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; economic, social and political conditions in the countries in which we, our customers or our suppliers operate, including security and health risks, possible disruptions in transportation networks and fluctuations in foreign currency exchange rates; our ability to continue to grow and maintain an intellectual property portfolio and obtain needed licenses from third parties; and the uncertainties of litigation, including disputes over intellectual property, as well as other risks and uncertainties, including but not limited to those detailed from time to time in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

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