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RF Micro Devices® Press Release - November 19, 2009
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RFMD Selected by Leading Smartphone Manufacturer to Supply High Performance Cellular Switch
RFMD'S RF1130 Designed Into Two CDMA Smartphones to be Introduced in 2010
 GREENSBORO,
N.C., Nov 19, 2009 (GlobeNewswire via COMTEX News Network) -- RF Micro Devices, Inc. (Nasdaq:RFMD), a
global leader in the design and manufacture of high-performance RF components and compound semiconductors, today
announced that RFMD has been selected by a leading manufacturer of smartphones to support two upcoming CDMA
smartphones.
RFMD will supply its high performance RF1130 single-pole 3-throw (SP3T) cellular switch into
two upcoming models targeting the consumer smartphone market. The first device is expected to launch in the first
half of calendar 2010, and shipments of the RF1130 are expected to commence in the March 2010 quarter.
Mike
DeHaan, general manager of RFMD's Switch and Signal Conditioning business unit, said, "We are pleased to support
this leading smartphone manufacturer with our RF1130 cellular switch, and we look forward to expanding our
relationship through additional design opportunities across our RF Components and Switch and Signal Conditioning
product portfolios. As new 3G/4G air interface standards are added and cellular devices increase in RF complexity,
our expanding product portfolio and wide technology base enable RFMD to uniquely satisfy the technical
requirements of tomorrow's smartphones and battery-powered multimedia devices."
The design win is expected
to support RFMD's diversification efforts across customers and air interface standards. RFMD is engaged at this
leading smartphone manufacturer to secure incremental business opportunities across 3G front ends, cellular
switches, RF power management and WLAN components.
RFMD enjoys a leading share in smartphones and expects its
revenue growth in smartphones in calendar 2010 will significantly exceed the rate of growth of the handset market.
About RFMD
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.
CONTACTS:
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
Posted 11/19/2009 |
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