RF Micro Devices (RFMD) - Press Release 11-11-2008
RFMD®Broadens 3G Standard Product Portfolio with Highly
Integrated WCDMA/HSDPA Power Amplifiers
NEW YORK, Nov. 11 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. (Nasdaq: RFMD), a global leader in the design and manufacture of high- performance semiconductor components, announced, in conjunction with its fourth annual Analyst Day being held tomorrow, that it has broadened its portfolio of 3G front ends for the open market with the release of two new WCDMA/HSDPA power amplifiers (PAs) -- the RF3267 and the RF6266. The newly introduced, highly integrated WCDMA/HSDPA PAs are designed to support the critical needs of next-generation, multi-band, multimode 3G handsets and smartphones. Based upon current customer forecasts and design activity, RFMD anticipates volume shipments of the RF3267 and RF6266 to commence in the current quarter.
RFMD's RF3267 is a Band 1 (1920 to 1980 MHz) WCDMA/HSDPA PA with a digitally controlled low-power mode, which allows operation up to 19dBm with reduced current consumption. The RF3267 features an integrated coupler, which allows handset designers to eliminate the external coupler traditionally placed at the output of the PA. The integration of additional functionality is achieved without growing the industry-leading 3x3x0.9 mm package size, which was first introduced with the successful prior generation PA (the RF3266). By maintaining pin-for-pin compatibility with the highly successful prior generation PA, RFMD's RF3267 assists handset original equipment manufacturers (OEMs) seeking to shrink handset RF sections in support of more compact and thinner devices.
RFMD's RF6266 WCDMA/HSDPA PA combines a similar feature set to the RF3267 with a compact 3x3x0.9 mm package and the ability to operate in either Band 5 (824 to 849 MHz) or Band 8 (880 to 915 MHz). Used in combination, the RF3267 and RF6266 provide a compact solution for multi-band, multimode 3G handset designs targeted for the North American or European Union (EU) markets. RFMD is capturing additional 3G revenue as the Company introduces innovative cellular front end standard products to the open market and as increasingly complex 3G multimode handsets require additional content, including duplexers, filters and front end power management. The majority of the world's handset manufacturers utilize standard products to satisfy their cellular front end requirements, and RFMD expects to introduce a record number of cellular RF standard products for the open market in calendar year 2009.
RFMD is the industry leader in 3G front ends and enjoys an advantage in 3G handset design activity, given its leading product portfolio, manufacturing scale, systems-level expertise and packaging and assembly capabilities -- all of which enable RFMD to minimize complexity, reduce component count and optimize the RF design of multi-band, multimode WCDMA/HSDPA handsets and smartphones.
About RFMD: RF Micro Devices, Inc. (Nasdaq: RFMD) is a global leader in the design and manufacture of high-performance semiconductor components. RFMD's products enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, wireless infrastructure, wireless local area network (WLAN), CATV/broadband and aerospace and defense markets. RFMD is recognized for its diverse portfolio of semiconductor technologies and RF systems expertise and is a preferred supplier to the world's leading mobile device, customer premises and communications equipment providers.
Headquartered in Greensboro, N.C., RFMD is an ISO 9001- and ISO 14001- certified manufacturer with worldwide engineering, design, sales and service facilities. RFMD is traded on the NASDAQ Global Select Market under the symbol RFMD. For more information, please visit RFMD's web site at www.rfmd.com.
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. RF Micro Devices' business is subject to numerous risks and uncertainties, including variability in quarterly operating results, the rate of growth and development of wireless markets, risks associated with our planned exit from our wireless systems business, including cellular transceivers and GPS solutions, the risk that restructuring charges may be greater than originally anticipated and that the cost savings and other benefits from the restructuring may not be achieved, risks associated with the operation of our wafer fabrication facilities, molecular beam epitaxy facility, assembly facility and test and tape and reel facilities, our ability to complete acquisitions and integrate acquired companies, including the risk that we may not realize expected synergies from our business combinations, our ability to attract and retain skilled personnel and develop leaders, variability in production yields, our ability to reduce costs and improve gross margins by implementing innovative technologies, our ability to bring new products to market, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, dependence on a limited number of customers, and dependence on third parties. These and other risks and uncertainties, which are described in more detail in RF Micro Devices' most recent Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.
RF MICRO DEVICES(R) and RFMD(R) are trademarks of RFMD, LLC. All other trade names, trademarks and registered trademarks are the property of their respective owners.
SOURCE RF Micro Devices, Inc. 11/11/2008
Dean Priddy, CFO, 1-336-678-7975, or Doug DeLieto, VP,
Investor Relations, 1-336-678-7968, or Jerry Neal, EVP, Marketing and
Strategic Development, 1-336-678-7001, all of RFMD(R)
Web site: http://www.rfmd.com (RFMD)
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