RF Micro Devices® Press Release - June 11, 2009
RFMD® Expands Its Leading Product Portfolio for Mobile WiFi Market
BOSTON, June 11, 2009 -- IEEE MTT-S -- RF Micro Devices, Inc. (Nasdaq:RFMD), a global leader in the design and manufacture of high-performance semiconductor components, today announced the expansion of the Company's WiFi product portfolio to include four new switch and switch/LNA products: the RF5500, RF5501, RF5510 and RF5511. The new family of front end solutions is designed to address the need for high performance and continued size reductions in mobile WiFi applications, including cellular handsets, personal navigation devices (PNDs), digital cameras and MP3 players.
The RF5500, RF5501, RF5510 and RF5511 each contain a single-pole, three-throw (SP3T) switch designed to enable multi-path operation in the embedded segment of the WiFi, or WLAN, consumer electronics markets. The RF5501 and RF5511 also integrate a low noise amplifier (LNA), providing for reduced footprint area with low insertion loss for RF architectures requiring additional Rx gain.
"We are pleased to expand our portfolio of WiFi switch and switch/LNA products to address the growing opportunities in WiFi-enabled mobile devices -- with annual market growth expectations exceeding 15% in both calendar year 2010 and calendar year 2011," said Rohan Houlden, general manager of RFMD's Wireless Connectivity Business Unit. "This new family of products delivers a flexible, size-reduced solution to customers seeking to enhance the RF performance of 2.4 GHz consumer and general market products."
RFMD's WiFi and WiMAX Front End Portfolio
RFMD delivers a leading product portfolio enabling WiFi and WiMAX connectivity across multiple applications, including handsets, consumer electronics, desktop and laptop computers, client access cards, wireless access points, routers, consumer premises equipment (CPE) and base transceiver stations (BTS). RFMD's high performance WiFi and WiMAX products encompass all 802.11a/b/g/n and 802.16 applications and include amplifiers, power amplifiers, low noise amplifiers (LNAs), switches, switch/LNAs and highly integrated front end modules (with increased functionality such as baluns, couplers, filters and integrated passives).
Samples of the RF5500, RF5501, RF5510 and RF5511 are available immediately, and RFMD anticipates first revenue in the September 2009 quarter.
RFMD is exhibiting at the IEEE MTT-S International Microwave Symposium 2009, June 9-11, at the Boston Convention and Exhibition Center, Boston, MA, in Booth 2412.
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.
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VP, Investor Relations
or Jerry Neal
Executive Vice President
+1-336-678-7001, both of RFMD
Web Site: http://www.rfmd.com (RFMD)