RF Micro Devices® Press Release - March 8, 2011
RFMD Expands Portfolio of Industry-Leading 5GHz WiFi Front End Modules (FEMs) for Handsets, Smartphones and
-- RFMD's WiFi FEMs Address Wide Range of High-Performance Applications and Target
Explosive Growth in
WiFi End Markets
GREENSBORO, N.C., March 8, 2011 (GLOBE NEWSWIRE) -- RF Micro Devices, Inc. (Nasdaq:RFMD), a global leader in
the design and manufacture of high-performance radio frequency components and compound semiconductor technologies,
today announced the expansion of its industry-leading 5 GHz WiFi product portfolio to include three new 5 GHz
high-band WiFi front end modules (FEMs) with integrated power amplifiers (PAs). The three new 5 GHz FEMs — the
RF5686, the RF5506, and the RF5516 -- deliver industry-leading high power and high linearity and are optimized for
the rapidly growing smartphone and tablet markets.
The global WiFi market is growing rapidly and is forecast to represent a greater than $1 billion total
addressable market (TAM) by 2014. Adoption of dual-band WiFi (2.4 GHz/5 GHz) in handsets is estimated to increase
from approximately 25% of all handsets in 2011 to approximately 50% of all handsets in 2012, with increasing
emphasis on the 5 GHz band for use in 3G/4G smartphones. The anticipated growth in tablet devices is also forecast
to support 5 GHz FEM adoption, as mobile WiFi chipsets for tablets increasingly adopt dual-band functionality.
To satisfy the growing market demand, RFMD has developed industry-leading FEMs with high levels of integration,
small package sizes, and best-in-class linearity performance. RFMD offers a broad portfolio of highly integrated
FEMs that include the PA, the switch, filtering, baluns and an optional low noise amplifier (LNA) for both
single-band (2.4 GHz or 5 GHz) and dual- band (2.4 GHz/5 GHz) operation. RFMD's WiFi product portfolio also
includes discrete PAs, switches and switch/LNA products that support integrated chipset solutions.
Buskirk, president of RFMD's Multi-Market Products Group (MPG), said, "RFMD forecasts the WiFi market will expand
significantly as dual-band adoption increases and as volume expands across a variety of end markets, including
smartphones, tablets, home automation, WiFi TV, automotive and personal computing. Because carrier requirements
continue to demand higher power levels, this is placing an even greater focus on product performance and
increasing the reliance on RFMD's core technology and product development capabilities."
production quantities of the RF5686, RF5506, and RF5516 are available now through RFMD sales representatives and
through the RFMD online store at www.rfmd.com. Product brochures
are available and can be downloaded from RFMD's website or by contacting RFMD at 336-664-1233.
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
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 operating results,
risks associated with the impact of global macroeconomic and credit conditions on our business and the business of
our suppliers and customers, our reliance on a few large customers for a substantial portion of our revenue, the
rate of growth and development of wireless markets, our ability to bring new products to market, our reliance on
inclusion in third party reference designs for a portion of our revenue, our ability to manage channel partner and
customer relationships, risks associated with the operation of our wafer fabrication, molecular beam epitaxy,
assembly 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, raw
material costs and availability, our ability to reduce costs and improve margins in response to declining average
selling prices, our ability to adjust production capacity in a timely fashion in response to changes in demand for
our products, dependence on gallium arsenide (GaAs) for the majority of our products, dependence on third parties,
and substantial reliance on international sales and operations. 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 and
statements 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® and RFMD® are trademarks of RFMD, LLC. All other trade names, trademarks and registered
trademarks are the property of their respective owners.
VP of Investor Relations
RF Micro Devices