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Technology Stocks : RF Micro Devices (RFMD)

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From: bob zagorin2/7/2006 12:21:43 PM
   of 4849
 
RFMD(R) Ships 20 Millionth POLARIS(TM) TOTAL RADIO(TM) Transceiver; Company Forecasts Strong Growth In Transceivers In 2006
2/7/2006 8:00:02 AM

GREENSBORO, N.C., Feb 07, 2006 (BUSINESS WIRE) -- RF Micro Devices(R), Inc. (RFMD), a leading provider of proprietary radio frequency integrated circuits (RFICs) for wireless communications applications, announced today that it has shipped its 20 millionth POLARIS(TM) TOTAL RADIO(TM) cellular transceiver. RFMD attributes its strength in cellular transceivers to the breadth of its GSM/GPRS and GSM/GPRS/EDGE transceiver product portfolio and the Company's ability to expand its content within the world's leading handset manufacturers.

Based upon existing customer forecasts, RFMD expects sequential growth in POLARIS transceiver shipments in the March 2006 quarter. Throughout calendar year 2006, the Company also expects multiple GPRS and EDGE phones will launch featuring its POLARIS transceivers.

RFMD's best-selling cellular transceivers are its POLARIS(TM) 2 TOTAL RADIO(TM) transceiver for EDGE handsets and the highly integrated and size-reduced POLARIS 2 TOTAL RADIO solution for both GSM/GPRS and GSM/GPRS/EDGE handsets. In calendar year 2006, RFMD expects both products will contribute to the Company's anticipated growth in transceiver shipments.

"POLARIS is the RF solution in 20 million handsets to date, and we anticipate continued success as new, high-volume handsets featuring our POLARIS products are launched in 2006," said Eric Creviston, Corporate Vice President of Cellular Products at RFMD. "Given the performance, size and cost advantages of current and future POLARIS RF solutions, RFMD is enabling handset manufacturers to design smaller, more feature-rich handsets with increasing levels of functionality."

RFMD pioneered the EDGE transceiver chipset market and is the leading supplier of merchant market EDGE transceivers. RFMD leads the industry in the transition to digital interfaces in higher data-rate cellular systems, such as EDGE and WCDMA, as an original member of the DigRF (www.digrf.com) working group.

In a September 2005 report by industry research firm iSuppli entitled, "RF Transmitter Architectures for Next-Generation Mobile Handsets," iSuppli identified open loop polar modulation architecture as the preferred architecture of choice for next-generation EDGE mobile handsets. Open loop polar modulation is the architecture featured in RFMD's POLARIS EDGE transceivers.

About RF Micro Devices

RF Micro Devices, Inc., an ISO 9001- and ISO 14001-certified manufacturer, designs, develops, manufactures and markets proprietary radio frequency integrated circuits (RFICs) for wireless communications products and applications. The Company is a leading supplier of power amplifiers, one of the most critical radio frequency (RF) components in cellular phones. The Company is also the leading manufacturer of GaAs HBT, which offers distinct advantages over other technologies for the manufacture of current- and next-generation power amplifiers. The Company's products are included primarily in cellular phones, base stations, wireless local area networks (WLANs), cable television modems and global positioning systems (GPS). The Company derives revenue from the sale of standard and custom-designed products. The Company offers a broad array of products including amplifiers, mixers, modulators/demodulators and single-chip transmitters, Bluetooth(R) products and receivers and transceivers that represent a substantial majority of the RFICs required in wireless subscriber equipment. The Company's goal is to be the premier supplier of low-cost, high-performance integrated circuits and solutions for applications that enable wireless connectivity. RF Micro Devices, Inc. is traded on the Nasdaq National Market under the symbol RFMD. For more information about RFMD, please visit www.rfmd.com.
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