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RF Micro Devices® Press Release - March 29, 2011
RFMD's PowerSmart™ Wins Compound Semiconductor Industry's
N.C., March 29, 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 that Compound Semiconductor magazine has recognized the Company's
PowerSmart™ power platform (RFRD6460) as the compound semiconductor
industry's most innovative device of 2011. The award was presented on
March 22, 2011, by Compound Semiconductor magazine during the 2011 CS
Industry Awards in Frankfurt, Germany.
RFMD's revolutionary PowerSmart
power platforms feature an RF Configurable Power Core™ that delivers
multiband, multi-mode coverage of all cellular communications modulation
schemes, up to 4G LTE 64QAM. PowerSmart power platforms also include
all necessary switching and signal conditioning functionality in a compact
reference design, providing leading device manufacturers a single scalable
source for the entire cellular front end.
The exceptional design
flexibility of RFMD's PowerSmart power platforms enables designers of
smartphones and tablets to eliminate months of development time and
cover broader segments of the market with a single design, while saving
considerably on size, current consumption and R&D cost, versus competitive
Bob Bruggeworth, president and CEO of RFMD, said,
"We are extremely pleased that Compound Semiconductor magazine has recognized
RFMD's PowerSmart as the compound semiconductor industry's most innovative
device of 2011. RFMD is sharply focused on expanding our leadership
in compound semiconductors into multiple markets, and we believe PowerSmart
is at the forefront of a technology shift to converged front ends in
multi-mode, multiband smartphones.
"In addition to our GaAs-based
PowerSmart technology, RFMD's efforts in GaAs-based concentrated photovoltaics
and GaN-based high power amplifiers are serving to extend the role of
compound semiconductors in the world's fastest growing markets."
"Compound Semiconductor is proud of the CS Industry Awards and the
overwhelming response from the compound semiconductor industry," said
Richard Stevenson, Editor. "We feel it is important to highlight the
technological achievements within the industry, such as RFMD's PowerSmart.
These categories and products represent key areas of innovation in the
chip manufacturing process."
RFMD recently commenced volume production
shipments of the RFRD6460 PowerSmart power platform in support of the
Samsung Galaxy S 2 family of 3G/4G smartphones and tablets and the LG
Optimus 3D. The Company has a strong intellectual property position
in support of PowerSmart, with multiple patent applications in process.
Compound Semiconductor magazine is the most authoritative and widest
read title serving the compound semiconductor community worldwide.
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
RF Micro Devices