NASDAQ Comp.
30.07.2007 12:00:00
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RFMD(R) Advances To Number One In Ranking Of Worldwide RF Suppliers
RF Micro Devices, Inc. (NASDAQ: RFMD), a global leader in the design and
manufacture of high-performance radio systems and solutions for
applications that drive mobile communications, today announced that
Gartner, Inc. has identified RFMD as the world's number-one supplier of
select RF devices, based on global revenue of $933 million for 2006.
RFMD advanced one position, compared to its previous ranking as the
number-two supplier in Gartner's prior year report.
According to the July 2007 report, entitled, "Market Share: Select
Semiconductors for Mobile and Cordless Phones, Worldwide, 2006," Gartner
also concluded that RFMD increased its 2006 market share as the
number-one worldwide supplier of power amplifier and front end modules,
based on revenue. RFMD was also ranked sixth largest supplier of select
mobile and cordless semiconductor baseband and RF devices, and, for the
first time, RFMD was listed on Gartner’s
ranking of the top ten companies shipping transceivers, worldwide.
Eric Creviston, RFMD Corporate Vice President of Cellular Products,
said, "We believe Gartner's independent, third-party research highlights
the success of our focus on the RF semiconductor market and our
number-one market share in the industry’s
highest growth, next-generation wireless standards. We anticipate strong
sequential revenue growth in next-generation cellular air standards,
such as WCDMA/ 3G multimode, as well as continued overall strength
across our cellular front end portfolio. We are pleased to enter Gartner’s
top-ten ranking of transceiver suppliers, and we expect our recently
launched POLARIS™ 3 RF solution will extend
our number-one position in RF semiconductors as it ramps this quarter
and grows throughout calendar 2008. Additionally, RFMD is the world's
leading supplier of wireless local area network (WLAN) front ends for
handsets, and we expect our WLAN front end portfolio will contribute
increasingly to revenue as WLAN adoption continues to grow.
"Overall, we believe our investments in
manufacturing scale, systems-level design expertise, process development
and new enabling technologies, such as MEMS, integrated RF shielding and
wafer level packaging, are distancing RFMD from other market
participants and extending our opportunities for incremental growth in
multiple, high-growth markets."
About RFMD: RF Micro Devices, Inc. (NASDAQ: RFMD) is a global
leader in the design and manufacture of high-performance radio systems
and solutions for applications that drive mobile communications. RFMD’s
power amplifiers, transmit modules, cellular transceivers and
system-on-chip (SoC) solutions enable worldwide mobility, provide
enhanced connectivity and support advanced functionality in current- and
next-generation mobile handsets, cellular base stations, wireless local
area networks (WLANs) and global positioning systems (GPS). Recognized
for its diverse portfolio of state-of-the-art semiconductor technologies
and vast RF systems expertise, RFMD is a preferred supplier enabling the
world’s leading mobile device manufacturers to
deliver advanced wireless capabilities that satisfy current and future
market demands.
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 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
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
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®,
RFMD® and POLARIS™
TOTAL RADIO™ are trademarks of RFMD, LLC. All
other trade names, trademarks and registered trademarks are the property
of their respective owners.
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