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Technology Stocks : RF Micro Devices (RFMD)

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To: Immi who wrote (4186)1/6/2003 9:34:58 AM
From: mahler_one  Read Replies (1) of 4849
 
Here is some nice news.

m1

RF Micro Devices Announces Production Shipments To Leading Japanese Handset
Manufacturer For CDMA2000 1X Handset
Monday January 6, 8:35 am ET
RF2498 Designed Into America's First Handset Featuring Integrated Digital
Camera

GREENSBORO, N.C--(BUSINESS WIRE)--Jan. 6, 2003-- RF Micro Devices, Inc.
(Nasdaq: RFMD - News), a leading provider of proprietary radio frequency
integrated circuits (RFICs) for wireless communications applications, today
announced production shipments of the RF2498 tri-band, quad-mode front end
receiver to a leading Japanese handset manufacturer for use in a new
dual-band, tri-mode CDMA2000 1x handset.

In addition to the high data rates enabled by CDMA2000 1x, the handset
features a color screen and an integrated digital camera with flash.
Shipments began in RF Micro Devices' fiscal second quarter and are expected
to reach a multi-million dollar level this fiscal year.

The handset is America's first wireless phone featuring a built-in digital
camera. The camera features a digital zoom and LED flash and stores quality
640 x 480 VGA photographs in an online album with online enhancement tools.
In addition to the camera, the handset features WAP 2.0, Java, an enhanced
2.1 inch 65 thousand-color TFT LCD display, games, personalized ring tones,
built-in answering machine for call screening and voice-activated dialing.
There is also an external display screen that offers quick identification of
incoming phone calls either through numeric caller ID or photo-caller ID.
The handset is available now nationwide and fully supports advanced voice
and data capabilities enabled by the U.S. CDMA2000 1x PCS system, allowing
customers to check e-mail, play games with full color graphics and
polyphonic sounds and browse the Internet wirelessly.

Eric Creviston, vice president of RF Micro Devices' wireless products group,
said, "We're very pleased to be in all of the U.S. CDMA handsets
manufactured by this customer, and we anticipate additional production
shipments into their new handsets in calendar 2003. In addition, our success
in CDMA extends beyond this customer. Among the top-five handset
manufacturers, four are currently manufacturing CDMA 1x phones, and we're
shipping CDMA components to all four of them. In the September quarter, we
grew sequentially 29 percent in CDMA small signal devices and 95 percent in
CDMA power amplifiers, and the CDMA market remains a primary target for
growth for RF Micro Devices."

The RF2498 tri-band, quad-mode cellular/PCS/AMPS/GPS LNA/mixer enables GPS
capability for location-based and emergency services. The RF2498 is
manufactured on silicon germanium and is one of several RFMD CDMA front end
receivers currently shipping into handsets for both the U.S. and Asian
markets.

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.

This press release contains forward-looking statements that relate to RF
Micro Devices' plans, objectives, estimates and goals. Words such as
"expect," "anticipate," "intend," "plan," "project," "believe," and
"estimate," 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, the
Company's 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 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
tradenames, trademarks and registered trademarks are the property of their
respective owners.
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