RFMD(R) Receives GaN Purchase Order from Top-Tier Military Supplier.Purchase Order Is First For RFMD's Gallium Nitride An alloy of gallium and nitrogen (GaN) that is used in semiconductor devices for lasers and LEDs, including blue lasers. Gallium nitride has the thermal and chemical stability required in laser applications. See gallium arsenide. (GaN) Power Amplifiers GREENSBORO, N.C. -- Strategic Highlights of RFMD's GaN: * Diversifies RFMD's Markets and Customers * Leverages RFMD's Expertise in Compound Semiconductors and Power Amplifiers * Expands RFMD's Total Addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be Market by $1 Billion to Include High Power Semiconductor Market RF Micro Devices RF Micro Devices (NASDAQ: RFMD) is a manufacturer of integrated circuits, founded in Greensboro, NC, in 1991 by William J. Pratt, Powell T. Seymour and Jerry D. Neal.[1]. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : RFMD RFMD RF Micro Devices (NASDAQ) RFMD Rotary Fluid Management Device ), a global leader in the design and manufacture of high-performance radio systems and solutions for applications that drive mobile communications, today announced it has received its first purchase order from a top-tier military supplier for a new product using RFMD's gallium nitride (GaN) high electron mobility transistor (HEMT See FET. ) process technology. RFMD's GaN technology can operate over a very wide range of microwave frequencies, making it ideal for multiple band and broadband applications. The purchase order is the first received by RFMD for its GaN power amplifiers. The purchase order is for RFMD's RF3825 Power Integrated Circuit (PowerIC) broadband power amplifier, which is a 15-watt device capable of servicing a frequency band from 200MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. to 1.9GHz. The RF3825 greatly enhances the bandwidth of software defined radios for military communications. Bob Bruggeworth, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of RFMD stated, "This first purchase order for our proprietary GaN process technology represents a significant step forward in terms of customer and market diversification for RF Micro Devices. The combined revenue opportunity presented by these new markets is approximately $1 billion, giving RFMD meaningful new drivers for incremental revenue, margin and earnings. Our GaN development has been partially funded by the United States government, and today's announcement highlights just one of many military applications where GaN's technical properties excel. In addition, GaN technology is applicable to markets beyond military, including public mobile radio, WiMAX and WCDMA (Wideband CDMA) A 3G high-speed digital data service provided by cellular carriers that use the TDMA or GSM technology worldwide, including AT&T (formerly Cingular) and T-Mobile in the U.S. base stations. RFMD has an established leadership position in GaN that leverages our industry-leading compound semiconductor manufacturing assets and design engineering talent." Bill Pratt, chief technical officer of RFMD, added, "GaN has unique electrical properties that make it the ideal technology for high power, high performance applications. GaN has efficiency and power densities that are significantly greater than silicon LDMOS LDMOS Laterally Diffused Metal Oxide Semiconductor LDMOS Lateral DMOS LDMOS Lightly-Doped Drain Metal-Oxide Semiconductor LDMOS Lateral Diffusion Mosfet technology, which is GaN's primary competition in many markets. Additionally, GaN technology can operate over a very wide range of frequencies. Accordingly, GaN cost-effectively addresses the multiple bands required in WCDMA, WiMAX, military jammers and other markets with a single device, compared to the multiple devices required by competing process technologies, like LDMOS." RFMD is manufacturing its proprietary GaN technology in its high-volume manufacturing facility in Greensboro, NC, and intends to leverage its expertise in compound semiconductors as well as its leadership in power amplifiers. The Company is the world's leading manufacturer of AlGaAs HBT HBT Heterojunction Bipolar Transistor HBT HyCult Biotechnology (Uden, The Netherlands) HBT Hanbury-Brown-Twiss (interferometer) HBT Herring Bone Twill HBT Heflex Bioengineering Test and GaAs pHEMT. The Company is also a leading manufacturer of InGaP HBT and recently introduced its second-generation InGaP HBT process. RFMD is also the world's leading manufacturer of cellular power amplifiers. RFMD began efforts to commercialize GaN technology in 2000 and expects to commence first shipments in the first half of calendar 2007. RFMD expects to announce future advancements in GaN technology in 2007, including the availability of high power amplifiers (HPAs) featuring high linearity, wide bandwidth and power outputs up to 200 watts. 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 (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 A technique that "grows" atomic-sized layers on a chip rather than creating layers by diffusion. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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([R]) and RFMD([R]) are trademarks of RFMD, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . All other trade names, trademarks and registered trademarks are the property of their respective owners. |
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