Financial Releases

RF Micro Devices® Shareholders Approve All Proposals During 2008 Annual Meeting

               Walter H. Wilkinson, Jr. Appointed New Chairman

Dr. Albert E. Paladino Steps Down As Chairman, Remains On Board Of Directors

GREENSBORO, N.C., July 30 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. (Nasdaq: RFMD), a global leader in the design and manufacture of high-performance semiconductor components, conducted its 2008 Annual Meeting of Shareholders today, at which shareholders elected eight directors to serve one-year terms and ratified the appointment of Ernst & Young LLP as RFMD's independent registered public accounting firm for the fiscal year ending March 28, 2009.

During the Annual Meeting, Bob Bruggeworth, president and CEO of RFMD, highlighted the initial benefits of the strategic restructuring announced by RFMD on May 6, 2008, including market share gains, expense reductions and revenue diversification. Mr. Bruggeworth also reiterated the Company's stated goal of achieving 10% non-GAAP operating income by the December 2008 quarter.

"RFMD is a stronger Company with a growth strategy that is squarely focused on our core areas of leadership -- compound semiconductors and RF components. In the coming quarters, we expect to demonstrate superior financial leverage that will drive significantly improved profitability," Mr. Bruggeworth said.

At a Board meeting following the Annual Meeting of Shareholders, Walter H. Wilkinson, Jr., age 62, was appointed by the Board of Directors to the position of Chairman. Mr. Wilkinson has a distinguished business career and is the founder and a general partner of Kitty Hawk Capital, a venture capital firm established in 1980 and based in Charlotte, North Carolina. He has been a member of the RFMD Board since 1992. Mr. Wilkinson replaced Dr. Albert E. Paladino, who served as Chairman since August 2002. Dr. Paladino, age 75, has served as an RFMD director since 1992 and was reelected as a member of the Company's Board of Directors at the 2008 annual meeting.

Mr. Bruggeworth commented, "The Board is extremely grateful to Al for his leadership, integrity, and vision. We look forward to continuing to work with him as a director and valued advisor on our Board."

Dr. Paladino added, "Walter is a recognized leader with years of involvement with RF Micro Devices as an outside director. His guidance in his new role as Chairman will prove invaluable to RFMD as the Company pursues the many exciting opportunities ahead as a result of its recent strategic restructuring."

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

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 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 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.

SOURCE RF Micro Devices, Inc. 07/30/2008
Dean Priddy, CFO, 1-336-678-7975,
Doug DeLieto, VP, Investor Relations, 1-336-678-7968,
Jerry Neal, EVP, Marketing and Strategic Development, 1-336-678-7001, all of RFMD
Web site: (RFMD)