Lenovo Honors RF Micro Devices With 2011 Best Supplier Award
GREENSBORO, N.C., Dec. 20, 2011 (GLOBE NEWSWIRE) -- RF Micro Devices, Inc. (RFMD), a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies, today announced that Lenovo Mobile Internet and Digital Home Business Group (MIDH) has honored RFMD® with its 2011 Best Supplier Award. Lenovo MIDH is the subsidiary of Lenovo responsible for creating mobile Internet-focused devices, including tablets and smartphones, as well as devices for new categories like cloud computing, smart TV and the digital home.
Bob Bruggeworth, president and CEO of RFMD, said, "RFMD is greatly honored to receive this award from Lenovo in recognition of RFMD's local product development and customer support, our record for reliable on-time delivery, and our commitment to product and technology leadership. RFMD is especially proud to support Lenovo broadly across our entire cellular product portfolio, and we look forward to expanding our relationship with Lenovo in calendar 2012 as new 2G feature phones and 3G/4G smartphones are introduced."
RFMD currently has greater than ten products in volume production in support of Lenovo MIDH, and the Company anticipates significant expansion in calendar 2012, with approximately 20 RFMD products expected in production by the March 2012 quarter. RFMD's product portfolio for Lenovo includes 2G transmit modules, WEDGE and WGPRS power amplifiers and transmit modules, TD-SCDMA power amplifiers, TD/EDGE multimode power amplifiers, 3G switches, and 3G power amplifiers, including RFMD's family of ultra-high efficiency 3G/4G power amplifiers. In the September 2011 quarter, RFMD commenced shipments of multiple ultra-high efficiency 3G/4G power amplifiers in support of the highly popular Lenovo A60 dual-SIM 3G smartphone.
RF Micro Devices, Inc. is a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies. RFMD's products enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, wireless infrastructure, wireless local area network (WLAN), CATV/broadband 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.
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 .
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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, risks associated with the impact of global macroeconomic and credit conditions on our business and the business of our suppliers and customers, our reliance on a few large customers for a substantial portion of our revenue, the rate of growth and development of wireless markets, our ability to bring new products to market, our reliance on inclusion in third party reference designs for a portion of our revenue, our ability to manage channel partner and customer relationships, risks associated with the operation of our wafer fabrication, molecular beam epitaxy, assembly and test and tape and reel facilities, our ability to complete acquisitions and integrate acquired companies, including the risk that we may not realize expected synergies from our business combinations, our ability to attract and retain skilled personnel and develop leaders, variability in production yields, raw material costs and availability, our ability to reduce costs and improve margins in response to declining average selling prices, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, dependence on gallium arsenide (GaAs) for the majority of our products, dependence on third parties, and substantial reliance on international sales and operations. 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.
RF MICRO DEVICES® and RFMD® are trademarks of RFMD, LLC. All other trade names, trademarks and registered trademarks are the property of their respective owners.
CONTACT: At RFMD(R) Doug DeLieto VP, Investor Relations 336-678-5322 Dean Priddy CFO 336-678-7975 At The Financial Relations Board Joe Calabrese Vice President 212-827-3772
Source: RF Micro Devices 2011 GlobeNewswire, Inc.