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Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA) -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (1292)	6/13/2002 2:30:43 PM
From: All Mtn Ski	Respond to of 1698

Welcome back into the fold, Michael. <g> The merger was just approved: Alpha Stockholders Approve Merger to Combine With Conexant's Wireless Business WOBURN, Mass.--(BUSINESS WIRE)--June 13, 2002--Alpha Industries, Inc. (Nasdaq:AHAA) today announced that its stockholders have voted to approve the company's proposed merger with Conexant Systems, Inc.'s (Nasdaq:CNXT) wireless communications business. At a special meeting of stockholders held in Bedford, Mass. this morning, Alpha received the approval of more than a majority of the shares voted on the merger proposal. "Today's vote represents a strong expression of confidence in the merger," said David Aldrich, chief executive officer of Alpha, who will become chief executive officer of the combined company. "Having completed this milestone, we look forward to rapidly satisfying the remaining closing conditions, completing the merger, and getting on with the business of providing the industry's highest level of semiconductor integration for our customers' wireless handset and infrastructure platforms." As previously announced, Skyworks Solutions, Inc. has been selected as the name for the new combined company. Skyworks will be the industry's leading wireless semiconductor company focused on radio frequency (RF) and complete semiconductor system solutions for mobile communications. Completion of the merger is subject to satisfaction of certain closing conditions, including receipt of a ruling by the Internal Revenue Service that the spin-off of Conexant's wireless communications business immediately prior to the merger will be tax-free to Conexant stockholders. The merger is expected to close by the end of this month. Following the closing, Skyworks shares will be traded on the Nasdaq Stock Market under the ticker symbol SWKS. Under the terms of the proposed merger, Conexant shareowners will receive 0.351 of a share in Skyworks for each Conexant share owned. Conexant shareholders will also continue to hold shares in Conexant after completion of the merger. Alpha stockholders will continue to hold their existing Alpha shares as shares in Skyworks. For more information about Skyworks, please visit www.skyworksinc.com. Safe Harbor Statement This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in Conexant's and Alpha's Securities and Exchange Commission filings. Such risks and uncertainties include difficulties in integrating Conexant's wireless communications business and Alpha's business; failure of the spin-off of Conexant's wireless communications business and the merger to qualify as tax-free reorganizations; and the uncertainties of future economic and market conditions and of the demand for the Company's products. About Alpha Alpha Industries produces highly integrated RF semiconductor solutions for enhancing the speed, quality and performance of wireless voice, data and video communications. Alpha's GaAs switches, power amplifiers and discrete semiconductors have become reference products for many of the world's largest manufacturers of wireless handsets, mobile data devices, wireless infrastructure and broadband access platforms. Alpha's strategy is to leverage its industry-leading process breadth, which includes GaAs PHEMT, HBT, InGaP and associated RF process technologies, into increasing levels of component integration. As a result, the Company is winning new business for its growing line of integrated RF module solutions, which reduce design complexity and improve the OEM's time to market for new products. For more information, please visit Alpha's Web site, www.alphaind.com. Skyworks and Skyworks Solutions are trademarks or registered trademarks of Alpha Industries, Inc. and Conexant Systems, Inc., or their subsidiaries in the U.S. and in other countries. CONTACT: Alpha Chief Financial Officer Paul Vincent, (781) 935-5150 Ext. 4438 or Conexant Public Relations Manager Lisa Briggs, (949) 483-1148 newsalert.com

To: The Ox who wrote (1292)	6/20/2002 9:56:55 AM
From: All Mtn Ski	Read Replies (2) \| Respond to of 1698

Samsung expects to sell 43% more phones this year: INTERVIEW-Samsung <05930.KS> sees 10 pct market share in 2002 Reuters, 06.19.02, 6:23 AM ET By Jennifer Tan SINGAPORE, June 19 (Reuters) - South Korea's Samsung Electronics Co on Wednesday raised its mobile phone sales and market share forecasts for 2002, defying industry worries over saturation and consumer reluctance to buy new handsets. Samsung, the world's third-largest handset maker, expects to sell more than 40 million mobiles in 2002, up 43 percent from last year, and grab a market share of 10 percent versus 9.6 percent in the first quarter and 7.1 percent in 2001. "We are selling in the mid- to high-end segment and are hitting such numbers in this segment," Ihn-Chul Chung, vice president of Samsung's Mobile Communications Division, told Reuters in an interview at the CommunicAsia trade show. "We are selling slightly less than Nokia but more than the other vendors because consumers are buying Samsung's design and pricing." The target of 40 million units this year is higher than the 36 million Samsung had forecast earlier. It sold 28 million in 2001 and 9.5 million in the first three months of this year. In the March quarter, Samsung rose to third position after Finland's Nokia <NOK1V.HE>, which had a 34.7 percent market share, and Motorola (nyse: MOT - news - people) of the United States at 15.5 percent, according to Gartner Dataquest. Samsung was ranked ranked fourth in 2001. The mobile phone industry suffered a 3.2 percent fall in sales in 2001 from the year before -- the first drop in 10 years -- as cash-strapped operators cut subsidies and consumers delayed upgrades after global economies slowed. Samsung expects the global market to chalk up handset sales of 400-415 million units in 2002, against 399.6 million in 2001, in line with what other handset makers are forecasting. TIME IS OF THE ESSENCE Chung said Samsung was able to gain an edge over its rivals by focusing on colour screens and timely launches of new models. "Colour will be the key word for a while, especially with the onset of photo messaging," he said, referring to next-generation multimedia messaging where users can send pictures and sound together with text. "We also launch our new models very quickly." Timeliness was perceived to be a weak area for Nokia, with it coming under pressure in recent months as rivals like Samsung and Sony Ericsson <6758.T><ERICb.ST> grabbed the lead with their colour-screen handsets, analysts said. Nokia's colour-screen imaging phone, the 7650 with an in-built digital camera, will be available before the end of the month. Samsung unveiled two new colour-screen models at CommunicAsia on Wednesday. Shares of Samsung, also the world's largest memory chip maker, plunged four percent to 348,500 won on Wednesday on news of a U.S. investigation into alleged antitrust activities among computer chip manufacturers. Copyright 2002, Reuters News Service forbes.com