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Selected to Support Samsung 3G Handset Platform
NEW YORK, Nov. 12 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. (Nasdaq: RFMD), a global leader in the design and manufacture of high-performance semiconductor components, announced at its fourth annual Analyst Day today that two of its recently introduced WCDMA/HSDPA cellular front ends have been selected by Samsung to support an upcoming high-volume 3G handset platform. The two new RFMD front ends - the RF3267 and RF6266 - are ultra-compact, highly integrated standard market 3G products designed to support the critical needs of multi-band, multimode 3G handsets and smartphones.
"We are very pleased that Samsung has selected two of our industry-leading 3G front ends to support their upcoming 3G handset platform," said Eric Creviston, president of RFMD's Cellular Products Group. "Our participation on this high-volume platform underscores our design momentum at Samsung and demonstrates our commitment to supporting their success across all major air interface standards."
The RF3267 and RF6266 front ends deliver superior current consumption in an industry-leading 3x3x0.9 mm package size. Used in combination, the RF3267 (Band 1) and RF6266 (Band 5 or 8) provide a compact solution for multi-band, multimode 3G handset designs targeting the North American or European Union (EU) markets. As a result of the Samsung platform design win and based upon multiple customer forecasts, RFMD anticipates volume shipments to commence in the fourth quarter of calendar 2008 and increase significantly in calendar year 2009. RFMD is accelerating the introduction of new standard products to the open market and is targeting front end market share gains at multiple accounts in the major 2G and 3G standards. RFMD also expects to capture additional dollar content in 3G as increasingly complex 3G multimode handsets require additional content, including duplexers, filters and front end power management.
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 mobile devices.
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. 11/12/2008
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
Web Site: http://www.rfmd.com