Q News>
Monday July 19, 9:25 am Eastern Time
Company Press Release
RF Micro Devices Supplies RFICs for Hyundai
Electronics' CDMA Handsets
GREENSBORO, N.C.--(BUSINESS WIRE)--July 19, 1999--RF Micro Devices, Inc. (Nasdaq: RFMD - news), a leading
provider of proprietary radio frequency integrated circuits (RFICs) for wireless communications applications, today announced
that its RFIC components are designed into several CDMA/PCS phone handsets manufactured by Korean CDMA pioneer,
Hyundai Electronics (HEI).
''We are pleased to expand our affiliation with Hyundai Electronics,'' said Kris Rausch, RFMD(TM) CDMA Product
Marketing Manager. ''From the beginning, Hyundai has relied on RF Micro Devices® technology to support its CDMA
products, and we will continue to develop the new process technologies and product offerings that give Hyundai's CDMA
handsets the enhanced features and superior performance that wireless subscribers demand.''
RF Micro Devices will supply Hyundai Electronics with CDMA handset components including low-noise amplifiers, mixers,
upconverters and power amplifiers.
Hyundai Electronics manufactures CDMA handsets for the domestic Korean market and exports CDMA handsets to
Australia, North America and South America, supplying major wireless carriers such as U.S. Prime Co., Australian Telstra,
Venezuela Telcel Co. and Brazilian TeleRJ Co. Worldwide CDMA subscribers are currently at the 30 million mark and,
according to the CDMA Development Group (CDG), are expected to exceed 50 million subscribers by the end of 1999.
RF Micro Devices, Inc., based in Greensboro, NC, designs, develops, manufactures and markets proprietary radio frequency
integrated circuits for wireless communications applications such as cellular and PCS, cordless telephony, wireless LANs,
wireless local loop, industrial radios, wireless security and remote meter reading.
This press release contains forward-looking statements that relate to the Company's plans, objectives, estimates and goals.
Words such as ''expects,'' ''anticipates,'' ''intends,'' ''plans,'' ''believes,'' and ''estimates,'' and variations of such words and
similar expressions identify such forward-looking statements. The Company's business is subject to numerous risks and
uncertainties, including probable variability in the Company's quarterly operating results, manufacturing capacity constraints,
risks associated with the Company's operation of a wafer fabrication facility, dependence on a limited number of customers,
variability in production yields, the Company's ability to manage rapid growth and dependence upon third parties. These and
other risks and uncertainties, which are described in more detail in the Company's Annual Report on Form 10-K and the
Company's Prospectus dated January 21, 1999 included in its Registration Statement on Form S-3 (Registration No.
333-69501) filed with the Securities and Exchange Commission, could cause the Company's 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(TM) are trademarks of RF Micro Devices, Inc. All other tradenames, trademarks and
registered trademarks are the property of their respective owners.
For further information about RFMD, please visit our home page at rfmd.com .
For past press releases and company information, go to businesswire.com .
|
