SHENZHEN, China and GREENSBORO, N.C., Nov. 6, 2014 (GLOBE NEWSWIRE) -- RFMD (Nasdaq:RFMD), a global leader in the design and manufacture of high-performance radio frequency solutions, today announced that it has earned Huawei's Supplier of the Year Award at a ceremony held today at Huawei's headquarters in Shenzhen, China. The award recognizes RFMD as Huawei's best supplier of RF components, which are used in Huawei's mobile phones and infrastructure products. This is the second year in a row that RFMD has earned Huawei's Supplier of the Year Award.
RFMD is a key RF component supplier to Huawei, which is one of the world's leading providers of smartphones and mobile devices. RFMD provides Huawei a growing suite of RF solutions including antenna switches and switch modules, power amplifiers, power management ICs, and Wi-Fi amplifiers for mobile devices as well as key components that support Huawei's wireless infrastructure and cellular backhaul business.
"We are very pleased to present RFMD with our top supplier award for this year; RFMD was the only RF supplier to earn a Gold Medal from Huawei this year," said Huawei's VP of Supply Chain Management, Xiong Lening. "This award reflects RFMD's ability as a key strategic partner to provide Huawei innovative technology and products, outstanding local service and support, and excellent on-time delivery."
"This award is a tribute to the hard work of our global team and our ability to deliver industry-leading products in very high volume to support one of the fastest growing companies in the world," said Bob Bruggeworth, RFMD president and CEO. "I am very pleased to accept this award on behalf of the RFMD team, where our goal is to continue to earn Huawei's trust by delivering the right products at the right time to support their continued success in China and around the world."
About RFMD
RFMD (Nasdaq:RFMD) is a global leader in the design and manufacture of high-performance radio frequency solutions. RFMD's products enable worldwide mobility, provide enhanced connectivity, and support advanced functionality in the mobile device, wireless infrastructure, wireless local area network (WLAN or Wi-Fi), cable television (CATV)/broadband, Smart Energy/advanced metering infrastructure (AMI), 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. RFMD is an ISO 9001-, ISO 14001-, and ISO/TS 16949-certified manufacturer with worldwide engineering, design, sales and service facilities. For more information, please visit RFMD's web site at rfmd.com.
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, the inability of certain of our customers or suppliers to access their traditional sources of credit, our industry's rapidly changing technology, our dependence on a few large customers for a substantial portion of our revenue, our ability to implement innovative technologies, our ability to bring new products to market and achieve design wins, the efficient and successful operation of our wafer fabrication facilities, assembly facilities and test and tape and reel facilities, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, variability in manufacturing yields, industry overcapacity and current macroeconomic conditions, inaccurate product forecasts and corresponding inventory and manufacturing costs, dependence on third parties and our ability to manage channel partners and customer relationships, our dependence on international sales and operations, our ability to attract and retain skilled personnel and develop leaders, the possibility that future acquisitions may dilute our shareholders' ownership and cause us to incur debt and assume contingent liabilities, fluctuations in the price of our common stock, additional claims of infringement on our intellectual property portfolio, lawsuits and claims relating to our products, security breaches and other similar disruptions compromising our information and exposing us to liability, the impact of stringent environmental regulations, and the receipt of required regulatory and shareholder approvals related to our proposed business combination with TriQuint Semiconductor, Inc. and the completion of the proposed transaction. 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.
CONTACT: RFMD Contacts:
Investors
Doug DeLieto
VP, Investor Relations
+1-336-678-7088
Media
Brent Dietz
Director of Corporate Communications
+1-336-678-7935
brent.dietz@rfmd.com
