7/17/2002 - RF Micro Devices, Inc. (Nasdaq: RFMD), a leading provider of proprietary radio frequency integrated circuits (RFICs) for wireless communications applications, today announced that it has begun high-volume production shipments of power amplifier (PA) modules to Samsung.
Shipments of the global system for mobile communications (GSM) PA modules represent the Company's first PA sales to Samsung. The PA modules complement ongoing sales to Samsung of small signal devices, including mixers and low noise amplifiers, for use in numerous CDMA handsets. The Company anticipates PA module shipments will ramp to a multi-million dollar level this calendar year.
The power amplifier modules are designed into the recently announced SGH-R210 and SGH-R220 GSM handsets (GSM 900/1800), which feature blue LCD screens, melody creation and Internet access via WAP 1.1 Internet browser. In addition to ring tone downloading capabilities, the handsets also feature various ring tone color indicators that give users the ability to select different colors for different callers for easy identification.
Bob Bruggeworth, president of RF Micro Devices, said, "We are very pleased to extend our relationship with Samsung to include power amplifier modules. Samsung is a global leader in electronics, and we look forward to supporting these advanced GSM handsets. These power amplifier shipments complement existing small signal device shipments and demonstrate the strength of our efforts to take share in power amplifiers while further diversifying our blue-chip customer base."
In a recent report from market research firm Strategy Analytics, Samsung was estimated to have captured 10.4% of the global wireless handset market for the quarter ended March 31, 2002. For the quarter ended June 30, 2002, Samsung was among RFMD's top ten customers.
The RF3110 is a high efficiency triple-band PA module manufactured in gallium arsenide (GaAs) heterojunction bipolar transistor (HBT). The RF3110 features integrated high-voltage silicon CMOS power control circuitry, which helps to improve production yield and accelerate time-to-market and provides handset manufacturers the benefits of simplified phone calibration and reduced component count.
"Momentum continues to grow for the RF3110 and our family of power amplifiers with integrated power control," said Joe Grzyb, director of the power amplifier product line at RF Micro Devices. "These products represent the market's most highly integrated power amplifiers now in volume shipments. As we introduce pending products with integrated power control for multi-band and 3G devices, we expect to extend our leadership, offering handset manufacturers highly integrated solutions."
RF Micro Devices, Inc., an ISO 9001-certified manufacturer, designs, develops, manufactures and markets proprietary radio frequency integrated circuits (RFICs) primarily for wireless communications products and applications such as cellular and PCS phones, base stations, wireless LANs, and cable television modems. The Company offers a broad array of products - including amplifiers, mixers, modulators/demodulators, and single-chip receivers, transmitters and transceivers - representing a substantial majority of the RFICs required in wireless subscriber equipment. The Company's strategy is to focus on wireless markets by offering a broad range of standard and custom-designed RFICs in order to position itself as a "one-stop" solution for its customers' RFIC needs. RF Micro Devices, Inc. is traded on the Nasdaq National Market under the symbol RFMD. For more information about RFMD, please visit our web site at www.rfmd.com
This press release contains forward-looking statements that relate to RF Micro Devices' plans, objectives, estimates and goals. Words such as "expects," "anticipates," "intends," "plans," "projects," "believes," and "estimates," and variations of these words and similar expressions, identify these forward-looking statements. 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 wafer fabrication facilities, its ability to manage rapid growth and to attract and retain skilled personnel, variability in production yields, raw material availability, manufacturing capacity constraints, 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 its prospectus dated March 18, 2002 included in its Registration Statement on Form S-3 (Registration No. 333-74578) 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. All other tradenames, trademarks and registered trademarks are the property of their respective owners.
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