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RF Micro Devices® Press Release - June 2, 2011
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RFMD Exceeds Two Million Units in Shipments of Industry-Leading Multi-Chip
Modules for 3G Wireless Infrastructure Transceiver Applications
-- RFMD's MCM Products Offer Customers Accelerated Time to Market,
High Reliability and Ability to Meet Emerging "Green"
Wireless Infrastructure Standards
GREENSBORO, N.C., June 2, 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 RFMD® has surpassed two million units
in cumulative shipments of its Multi-Chip Modules (MCMs) supporting
3G base station transceiver (BST) applications for the wireless infrastructure
end market.
Bob Van Buskirk, president of RFMD's Multi-Market
Products Group (MPG), said, "The shipment of over two million MCMs in
such a short period of time highlights RFMD's sharp focus on product
and technology leadership and the continued expansion of our product
portfolio supporting the wireless infrastructure end market."
MCMs are highly integrated packages in which multiple ICs and discrete
components are assembled onto one unifying substrate to form a single
placement RF component. RFMD has been developing and shipping MCMs for
the infrastructure industry since 2009. The Company offers a complete
portfolio of MCMs to address common frequency bands, 2G/3G standards
and all RF functions in the base station transceiver, including transceiver
systems for new 4G LTE networks.
RFMD's MCM products reduce overall
current consumption by using power down and other DC power control functions.
The associated reduction in component operating temperatures improves
component reliability, which is of critical importance in small remote
radio heads located in difficult to access locations. The reduced current
consumption also benefits manufacturers of multi-standard remote radio
head platforms, allowing customers to meet new "green" wireless infrastructure
network standards.
John Pelose, general manager of RFMD's
Wireless Products business unit, added, "RFMD is leveraging our extensive
library of single function components and industry-leading scale to
deliver our customers MCM solutions promptly and efficiently. Our rapid
prototyping capabilities enable our customers to improve their product
cycle time and reduce time to market. Additionally, our high-volume
MCM assembly and test facilities help enable advances in performance
at efficient economies of scale."
RFMD will exhibit its full
range of MCM RF components at the IEEE international Microwave Symposium
2011, June 6-8, at the Baltimore Convention Center, in Booth 1402.
About RFMD 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 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.
CONTACT: Douglas DeLieto VP of Investor
Relations RF Micro Devices 336-678-7088
Posted
6/3/2011
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