Eric Creviston, president of RFMD's Cellular Products Group (CPG), said, "RFMD's CMOS-based cellular switches deliver meaningful performance, size and cost benefits, including excellent linearity and isolation capabilities, which are critical to today's multi-band 3G handsets. We are forecasting significant customer adoption in calendar 2010 driven by leading 3G smartphone manufacturers."
Bob Bruggeworth, president and CEO of RFMD, added, "For RFMD, these new CMOS-based products – and our entire Switch and Signal Conditioning product portfolio – highlight the increasing dollar content opportunities available to RFMD and the continued success of our diversification efforts. Equally important, our CMOS-based switch portfolio enables further improvement in our return on invested capital (ROIC) as we migrate technologies and IP developed by CPG into the markets served by RFMD's multi-market products group (MPG)."
RFMD's CMOS-based cellular switches meet or exceed the stringent linearity and isolation requirements of next-generation 3G and 4G smartphones while providing superior ESD performance (HBM data rated at 2000V). Also, by integrating the controller and RF switch on the same circuit, RFMD's patent-pending circuit-related technology and the innovative high-resistivity CMOS technology reduce product size while improving product performance. Accordingly, RFMD's silicon switches deliver a lower cost and higher performance 3G solution than is obtainable from competing silicon process technologies, including silicon-on-sapphire (SOS).
RFMD's first high power CMOS-based cellular switches include the RF1603, a single-pole, three-throw (SP3T) switch, and the RF1604, a single-pole four throw (SP4T) switch. RFMD has sampled both products to tier one customers, and commercial production is expected to commence in the first half of calendar 2010. Subsequent CMOS-based products will address increasing levels of end-product complexity and will include RFMD's growing portfolio of switch filter modules and switch duplexer modules for 3G smartphones.
RFMD offers the mobile device industry's broadest and most innovative portfolio of radio frequency components, including cellular power amplifier modules, cellular transmit modules, cellular switch and filter modules, and front ends for Wi-Fi, WiMAX and GPS applications. RFMD's product portfolio is on display at the 2010 Mobile World Congress in Barcelona, Spain, February 15 to February 18.
RF Micro Devices, Inc. (Nasdaq: 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 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 risks associated with the impact of global macroeconomic and credit conditions on our business and the business of our suppliers and customers, variability in operating results, the rate of growth and development of wireless markets, risks associated with the reduced investment in our wireless systems business, our ability to execute on our plans to consolidate or relocate manufacturing operations, 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 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, raw material costs and availability, our ability to reduce costs and improve margins in response to declining average selling prices, 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, dependence on gallium arsenide (GaAs) for the majority of our products, 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.
|RF Micro Devices, Inc.
2010 Mobile World Congress
At RFMD(R), Doug DeLieto , VP, Investor Relations