Barcelona, Spain, February 27, 2012 – RF Micro Devices, Inc. (Nasdaq
GS: RFMD), a global leader in the design and manufacture of high-performance
radio frequency components and compound semiconductor technologies,
announced today it has secured a reference design win for its second-generation
ultra-high efficiency family of power amplifiers. The new reference
design win is on a highly integrated multimode multi-band 3G/LTE solution.
Eric Creviston, president of RFMD’s Cellular Products Group (CPG),
said, “We are excited to expand our relationship with this leading chipset
supplier to include our ultra-high efficiency 3G/4G power amplifiers.
RFMD is already supporting our mutual customers with high-performance
3G/4G switches and switch-based products, and we are enthusiastic about
the incremental growth opportunities presented by our increasing participation
on 3G and LTE reference designs.”
RFMD’s second-generation ultra-high
efficiency 3G and 4G LTE PAs deliver an enhanced user experience by
extending battery life and reducing the thermal impact of data usage
in smartphones. The product family currently covers WCDMA bands 1, 2,
3, 4, 5, and 8, and LTE bands 4, 7, 11, 13, 17, 18, 20, and 21 – addressing
the most common UMTS/HSPA+ and LTE frequency bands and band combinations.
Additional multimode, multi-band (MMMB) and single-mode LTE variants
will be introduced in the first half of calendar 2012.
a broad portfolio of 3G and 4G LTE solutions in single-mode and converged
architectures to ensure alignment with leading chipset providers and
enable worldwide network compatibility. RFMD's 3G and 4G LTE product
portfolio reduces the thermal impact of data usage in smartphones while
enabling increased battery life during data-centric applications, such
as web surfing, video calls and internet radio services.
About RFMD RF Micro Devices,
Inc. (Nasdaq GS: RFMD) is a global leader in the design and manufacture
of high-performance radio frequency components and compound semiconductor
technologies. 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
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®, RFMD® and PowerSmart® are trademarks of RFMD,
LLC. All other trade names, trademarks and registered trademarks are
the property of their respective owners.
Douglas DeLieto VP, Investor Relations 336-678-5322
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