RFMD Enables Rapidly Growing TD-LTE Smart Phone Market
February 25 2014 - 2:00AM
RFMD (Nasdaq:RFMD), a global leader in the design and manufacture
of high-performance radio frequency solutions, today announced it
is achieving excellent design success with an expanding portfolio
of new power amplifiers (PAs), antenna switch modules and antenna
control solutions for the rapidly growing global TD-LTE mobile
phone market. Working in close collaboration with leading TD-LTE
baseband manufacturers, RFMD is expanding its portfolio of
high-performance TD-LTE RF solutions to include multimode,
multiband (MMMB) and single-band satellite PAs, transmit modules,
antenna switch modules, antenna tuners and impedance
tuners.
Industry analyst firm IDC predicts that shipments of global
TD-LTE mobile phones will exceed 220 million units in 2017. IDC
expects that shipments of TD-LTE mobile phones will account for
nearly one fourth of the world's total 4G mobile phones shipped in
2017.
"Our strong market position in China and close collaboration
with the world's leading TD-LTE chipset manufacturers are
contributing to RFMD's product and technology leadership in
TD-LTE," said Eric Creviston, president of RFMD's Cellular
Products Group. "RFMD is well positioned to target the rapid growth
in TD-LTE as we launch new RF solutions with higher levels of
integration, expand our content in next-generation devices, and
help our customers to launch their TD-LTE devices quickly and
cost-effectively."
RFMD's high performance TD-LTE portfolio includes RF solutions
for advanced 5-mode TD-LTE smartphones (including WCDMA, FDD-LTE,
TD-SCDMA, and EDGE) and lower cost 3-mode TD-LTE smartphones
(including TD-SCDMA and EDGE). The Company's TD-LTE offering
includes its RF79XX family of high-performance satellite PAs,
RF982x multimode, multiband transmit modules, and RF7378 and RF811x
multiband PA modules as well as antenna switch modules,
diversity switches, antenna tuners and impedance tuners.
RFMD is presenting the Company's expanding portfolio of high
performance RF solutions for smartphones, tablets, and other
broadband mobile devices at the 2014 GSMA Mobile World Congress,
held February 24 to February 27, 2014, in Barcelona, Spain.
About RFMD
RFMD (Nasdaq:RFMD) is a global leader in the design and
manufacture of high-performance radio frequency solutions. RFMD's
products enable worldwide mobility, provide enhanced connectivity,
and support advanced functionality in the mobile device, wireless
infrastructure, wireless local area network (WLAN or Wi-Fi), cable
television (CATV)/broadband, Smart Energy/advanced metering
infrastructure (AMI), 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. RFMD is an ISO 9001-, ISO 14001-, and ISO/TS
16949-certified manufacturer with worldwide engineering, design,
sales and service facilities. For more information, please visit
RFMD's web site at 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, the inability of certain of our
customers or suppliers to access their traditional sources of
credit, our industry's rapidly changing technology, our dependence
on a few large customers for a substantial portion of our revenue,
our ability to implement innovative technologies, our ability to
bring new products to market and achieve design wins, the efficient
and successful operation of our wafer fabrication facilities,
assembly facilities and test and tape and reel facilities, our
ability to adjust production capacity in a timely fashion in
response to changes in demand for our products, variability in
manufacturing yields, industry overcapacity and current
macroeconomic conditions, inaccurate product forecasts and
corresponding inventory and manufacturing costs, dependence on
third parties and our ability to manage channel partners and
customer relationships, our dependence on international sales and
operations, our ability to attract and retain skilled personnel and
develop leaders, the possibility that future acquisitions may
dilute our shareholders' ownership and cause us to incur debt and
assume contingent liabilities, fluctuations in the price of our
common stock, additional claims of infringement on our intellectual
property portfolio, lawsuits and claims relating to our products,
security breaches and other similar disruptions compromising our
information and exposing us to liability and the impact of
stringent environmental regulations. 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.
CONTACT: At RFMD(R)
Doug DeLieto
VP, Investor Relations
336-678-7088
Media Contact
Brent Dietz
Director of Corporate Communications
336-678-7935
brent.dietz@rfmd.com
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