Skyworks Solutions Press Release - August 25, 2010
Skyworks Awarded 2009 Silver Gateway Supplier of the Year by 2WireSecond Consecutive Year Company Recognized for Excellence in Product Quality and Service
WOBURN, Mass. − Aug. 25, 2010 − Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high reliability analog and mixed signal semiconductors enabling a broad range of end markets, today announced that for the second consecutive year it has received the 2Wire Silver Gateway Supplier of the Year Award. Skyworks was recognized for excellence in product quality and service in the Catalog Semiconductor category.
2Wire, a broadband solutions provider, has been a Skyworks customer since 2006 and utilizes multiple solutions from its broad linear products portfolio including high-end power amplifiers, switches and diodes which are embedded within their industry-leading residential gateways. 2Wire customers are leading service providers throughout the United States, Canada, Latin America, Europe, Australia, and Asia – including AT&T, Telmex, BT, CenturyLink, Bell Canada, SingTel, and others. 2Wire has shipped more than 30 million wireless intelligent gateways.
“We congratulate Skyworks on winning our Silver Gateway Supplier of the Year Award for the second year in a row,” said Martin Lynch, executive vice president of operations at 2Wire. “This accomplishment is a true testament to the quality and service they deliver and recognizes the key role they play in enabling us to deliver leading edge user experiences to millions of broadband users around the world. We look forward to expanding our partnership as we introduce innovative, next-generation products.”
“Skyworks is delighted to receive this top quality award from 2Wire for the second consecutive year,” said Liam K. Griffin, senior vice president, sales and marketing for Skyworks. “We appreciate the confidence 2Wire has in us as they have embraced our customized broadband solutions to support their compelling lineup of wireless residential gateways.”
Skyworks Solutions, Inc. is an innovator of high reliability analog and mixed signal semiconductors. Leveraging core technologies, Skyworks offers diverse standard and custom linear products supporting automotive, broadband, cellular infrastructure, energy management, industrial, medical, military and mobile handset applications. The Company’s portfolio includes amplifiers, attenuators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure RF subsystems, mixers/demodulators, phase shifters, PLLs/synthesizers/VCOs, power dividers/combiners, receivers, switches and technical ceramics.
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 without limitation information relating to future results and expectations of Skyworks (including without limitation certain projections and business trends). Forward-looking statements can often be identified by words such as "anticipates," "expects," "forecasts," "intends," "believes," "plans," "may," "will," or "continue," and similar expressions and variations or negatives of these words. All such statements are subject to certain risks, uncertainties and other important factors 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, uncertainties and other important factors include, but are not limited to: uncertainty regarding global economic and financial market conditions; the susceptibility of the wireless semiconductor industry and the markets addressed by our, and our customers', products to economic downturns; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; losses or curtailments of purchases or payments from key customers, or the timing of customer inventory adjustments; changes in laws, regulations and/or policies in the United States that could adversely affect financial markets and our ability to raise capital; our ability to develop, manufacture and market innovative products in a highly price competitive and rapidly changing technological environment; 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; fluctuations in our manufacturing yields due to our complex and specialized manufacturing processes; delays or disruptions in production due to equipment maintenance, repairs and/or upgrades; our reliance on several key customers for a large percentage of our sales; 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; uncertainties of litigation, including potential disputes over intellectual property infringement and rights, as well as payments related to the licensing and/or sale of such rights; 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; 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; and our ability to continue to grow and maintain an intellectual property portfolio and obtain needed licenses from third parties, 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.
SOURCE: Skyworks Solutions, Inc.
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Date Posted 8/25/2010