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RF Micro Devices® Press Release - 2/18/2009
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RF Micro Devices Receives Award for 'Successful Enterprises/Most Promising Enterprises in China's Semiconductor
Market for 2009'
Award Presented By China's Ministry Of Industry And Information Technology And China's
Semiconductor Industry Association At 2009 China Semiconductor Market Conference
SHANGHAI,
Feb. 25 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. (Nasdaq GS: RFMD), a global leader in the design
and manufacture of high-performance semiconductor components, today announced that it has received an award for
"Successful Enterprises/Most Promising Enterprises In China's Semiconductor Market For 2009." The award was
presented by officials of China's Ministry of Industry and Information Technology and China's Semiconductor
Industry Association at the 2009 China Semiconductor Market Conference, held today.
RFMD
received the award in recognition of its performance in the China semiconductor market in 2008 and based upon
comprehensive analysis conducted by CCID Consulting Co., Ltd. (CCID Consulting) related to the China semiconductor
market. The market analysis scored semiconductor enterprises against six indicators: market competitiveness,
corporate growth, cooperation in applications, market promotion, technical support and growth potential. CCID
Consulting is a direct affiliate of the China Center for Information Industry Development (CCID Group) and is
headquartered in Beijing.
RFMD's operations in China include a state-of-the-art assembly and test plant in Beijing, an R&D center in
Shanghai and sales and technical support offices in Beijing, Shanghai and Shenzhen. RFMD provides its customers in
China a total solution from design, sales and customer service support, including field application engineering
and failure/reliability analysis, to manufacturing and supply chain management. RFMD's broad presence in China
enables shortened design and product introduction cycle times and rapid response to customer demand with localized
supply chain management.
Bob Bruggeworth, president and CEO of RF Micro Devices, said, "We are
delighted to receive this prestigious award from China's Ministry of Industry and Information Technology and
China's Semiconductor Industry Association. We are sharply focused on servicing customers and platform providers
in Greater China, and we are gratified to be recognized for our growing presence in the China semiconductor
market."
According to CCID Consulting, success in the China market has become a decisive factor in measuring the
business performance and growth potential of a semiconductor company. China is the biggest semiconductor market in
the world and is growing at a rate twice as fast as the global market.
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
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 impact of global macroeconomic and credit conditions on
our business, 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 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(R), RFMD(R) and FastWave(TM) 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. 01/20/2009
CONTACT: Doug DeLieto, VP, Investor Relations, +1-336-678-7968, or Jerry Neal, Executive Vice President,
+1-336-678-7001, both of RFMD Web Site:
http://www.rfmd.com (RFMD RFMD)
Posted 2/25/2009 |
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