News Column

RFMD Enables Rapidly Growing TD-LTE Smart Phone Market

February 24, 2014



BARCELONA, Spain, Feb. 25, 2014 (GLOBE NEWSWIRE) -- 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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Source: RF Micro Devices


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