Financial Releases
RFMD(R) Expands Product Portfolio to Include Microwave and Millimeter Wave Components
GREENSBORO, N.C., April 15 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. (Nasdaq: RFMD), a global leader in the design and manufacture of high-performance radio systems and solutions, today announced the expansion of its industry-leading RF product portfolio to include microwave and millimeter wave components. The new RFMD® products include gallium arsenide (GaAs) pseudomorphic high electron mobility transistor (pHEMT) gain blocks and low noise amplifiers (LNAs) targeting the base station, satellite communications and short-haul telecommunications segments of the wireless infrastructure market.
RFMD's pHEMT gain blocks are microwave monolithic-microwave integrated circuits (MMICs) targeting the microwave point-to-point communications segment of wireless infrastructure markets. The multi-purpose pHEMT amplifier MMICs support all wireless applications in the 1 to 16 GHz frequency range, and applications include gain blocks up to 5W, satellite communications and point-to-point and point-to-multi-point radio link systems. RFMD's pHEMT LNAs are packaged field effect transistors (FETs) supporting low noise and medium-power amplifier applications in the 0.5-18 GHz frequency range, and applications include base station systems, terrestrial satellite communications and short-haul telecommunications. RFMD is the world's leading manufacturer of GaAs pHEMT and GaAs pHEMT devices.
John Pelose, general manager of RFMD's Wireless Infrastructure Business Unit, said, "RFMD's ability to leverage core capabilities, such as our RF design expertise and our leadership in compound semiconductors, enables the Company to aggressively target new customers in new markets, including the high-value wireless infrastructure and point-to-point markets."
RFMD intends to grow its industry-leading RF product portfolio through the introduction of more than 100 new products in fiscal 2009. In addition to wireless infrastructure, new products will support aerospace & defense, wireless LAN (WLAN), WiMAX, consumer, cable TV and other target markets.
RFMD's wireless infrastructure product portfolio includes base station products for the WCDMA, EDGE, GSM/GPRS, CDMA and TD-SCDMA air interface standards, as well as microwave point-to-point radios. Products include gain blocks, LNAs, VCO modules, PLL modules, pre-driver and driver amplifiers, modulators, isolators and circulators, LDMOS and GaN high power devices and custom, up-conversion and down-conversion multi-chip modules.
About RFMD: RF Micro Devices (Nasdaq: RFMD) is a global leader in the design and manufacture of high-performance radio frequency systems and solutions. RFMD's cellular front ends, cellular transceivers, RF components and system-on-chip (SoC) solutions enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, cellular base station, wireless local area network (WLAN), CATV networking, aerospace, defense, and global positioning systems (GPS) markets. Recognized for its diverse portfolio of state-of-the-art semiconductor technologies and vast RF systems expertise, RFMD is a preferred supplier to the world's leading mobile device and RF equipment manufacturers.
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 website 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 rate of growth and development of wireless markets, 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.
RF MICRO DEVICES® and RFMD® are trademarks of RFMD, LLC. All other trade
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SOURCE RF Micro Devices, Inc.
CONTACT: Doug DeLieto, VP, Investor Relations, +1-336-678-7968, Jerry Neal, Executive Vice President, +1-336-678-7001, both of RFMD