RF Micro Devices® Press Release - 4/1/2009
RFMD to Supply Highly Integrated Multi-Chip Modules Into Multi-Standard Wireless Base Stations
RVA2007L Combines RFMD's Proven Leadership in Module Design and Volume Manufacturing With Legacy RF Design Capabilities of Sirenza Acquisition
GREENSBORO, N.C., April 1, 2009 (GLOBE NEWSWIRE) -- RF Micro Devices, Inc. (Nasdaq:RFMD), a global leader in the design and manufacture of high-performance semiconductor components, today announced the Company has received its first order to supply its highly integrated RVA2007L multi-chip modules into new multi-standard wireless base stations. The order, which was received from a leading supplier of wireless base stations, is RFMD's first ever for multi-chip modules (MCMs) for the wireless infrastructure market.
RFMD's RVA2007L is a Voltage Variable Attenuator (VVA) housed in a highly integrated 7x7mm laminate package. The RVA2007L contains an analog attenuator and several die, including the GaAs pHEMT SXE-1089Z and InGaP HBT SPA-1426Z, both of which are high-performance amplifiers originally introduced by Sirenza Microdevices for the infrastructure market. The new order is especially meaningful as it illustrates synergies achieved between RFMD's proven leadership in module design and manufacturing and Sirenza's high-performance RF design capabilities.
The RVA2007L is the first in a family of products designed for multi-standard wireless base stations, which can support 2G, 3G, 4G and WiMAX air interface standards. RFMD is scheduled to launch additional MCMs to support various air interface standards and frequencies, each in the same package and pin-out configuration.
RFMD is a recognized industry leader in the design and manufacture of RF components and in the development and manufacture of compound semiconductors. The Company expects its considerable RF design capabilities and integration technologies will add value to wireless infrastructure applications, as base station customers increasingly seek to reduce size without compromising performance.
RFMD's Wireless Products business unit is part of the Company's Multi-Market Products Group (MPG). MPG is extending its addressable markets through new product offerings while leveraging the scale advantages, innovative technologies and deep systems-level knowledge of RFMD's Cellular Product Group (CPG).
RF Micro Devices, Inc. (Nasdaq GS: 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 impact of global macroeconomic and credit conditions on our business, 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.
CONTACT: Doug DeLieto, VP, Investor Relations, +1-336-678-7968,
or Jerry Neal, Executive Vice President, +1-336-678-7001, both of RFMD
Web Site: http://www.rfmd.com (RFMD)
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