HILLSBORO, Ore. — (BUSINESS WIRE) — April 12, 2011 — TriQuint Semiconductor, Inc. (NASDAQ: TQNT), a leading RF solutions supplier and technology innovator, today announced its focus on innovative technology and brand influence have been recognized by industry leading magazines for their impact and success. The international recognition comes from Compound Semiconductor Magazine in Europe, EE Times Magazine in North America and China Electronic News in China.
Research and Development -- Presented March 22, 2011 at the CS Europe Conference in Frankfurt, Germany, the 2011 CS Industry Awards recognize success and development along the entire value chain of the Compound Semiconductor industry from research to completed devices, focusing on the people, processes and products that drive the industry forward. TriQuint earned the R&D award for its leadership driving a team to create highly-evolved, high power Gallium Nitride devices operating in the 300-500 GHz range.
"The CS Industry Awards recognize the vision and contributions of compound semiconductor companies across the industry. Recipients like TriQuint Semiconductor are enabling global manufacturers to realize the potential of 3G and 4G wireless technology,” said Stephen Whitehurst, Chief Operating Officer, CS Europe. "TriQuint has been a gallium nitride pioneer since 1999 and continues to lead through its work in support of DARPA's 'NEXT' GaN* program that is setting new performance benchmarks for advanced, high power microwave circuits. It’s therefore so appropriate that TriQuint would be one of our inaugural recipients."
Most Popular Semiconductor Brand – Presented March 16, 2011 at the Conference on Green Manufacturing in Shanghai, China, The China Electronic News (CEN) Award nominees are compiled by the editors of the magazine and voted on by readers. For the second consecutive year, TriQuint was named a top ten “ Most Popular Semiconductor Brand in China” in recognition of its sales revenue, product performance and service, localization efforts in China as well as brand recognition and influence.
China Electronics News published the list to recognize outstanding multinational companies in the China semiconductor market. CEN’s Vice President, Mr. Yun Zhu Di, commented “TriQuint’s CAGR from 2005 to 2010 was 70% and they achieved a new revenue milestone of US$150 million. TriQuint is a deserving recipient of this award. We look forward to seeing TriQuint’s ongoing commitment and investment to further develop the market and to their future achievements in China.”
Company of the Year Finalist – Announced March 14, 2011, The EE Times Annual Creativity in Electronics (ACE) Awards celebrate the creators of technology who demonstrate leadership and innovation in the global industry and shape the world we live in. TriQuint is named a finalist in the “Company of the Year” category by the editors of EE Times Magazine. Winners will be announced at the seventh annual EE Times ACE Awards recognition event on May 3, 2011 in San Jose, California.
“We are laser-focused on delivering products that improve the performance and lower the cost of our customers’ applications, and are truly honored that our commitment to innovation, product quality, and customer service is being recognized internationally by the industry,” said Ralph Quinsey, CEO and President of TriQuint Semiconductor.
* DARPA: Defense Advanced Research Projects Agency
NEXT: Nitride Electronic NeXt-Generation Technology
GaN: Gallium Nitride
This TriQuint Semiconductor, Inc. (NASDAQ: TQNT) press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that forward-looking statements involve risks and uncertainties. The cautionary statements made in this press release should be read as being applicable to all related statements wherever they appear. Statements containing such words as ‘laser focused’, or similar terms are considered to contain uncertainty and are forward-looking statements. A number of factors affect TriQuint’s operating results and could cause its actual future results to differ materially from any results indicated in this press release or in any other forward-looking statements made by, or on behalf of, TriQuint including, but not limited to: those associated with the unpredictability and volatility of customer acceptance of and demand for our products and technologies, the ability of our production facilities and those of our vendors to meet demand, the ability of our production facilities and those of our vendors to produce products with yields sufficient to maintain profitability, as well as the other “Risk Factors” set forth in TriQuint’s most recent 10-Q report filed with the Securities and Exchange Commission. This and other reports can be found on the SEC web site, www.sec.gov. A reader of this release should understand that these and other risks could cause actual results to differ materially from expectations expressed / implied in forward-looking statements.
FACTS ABOUT TRIQUINT
Founded in 1985, TriQuint Semiconductor (NASDAQ:
TQNT) is a leading
global provider of innovative RF solutions and foundry services for the
world’s top communications, defense and aerospace companies. People and
organizations around the world need real-time, all-the-time connections;
TriQuint products help reduce the cost and increase the performance of
connected mobile devices and the networks that deliver critical voice,
data and video communications. With the industry’s broadest technology
portfolio, recognized R&D leadership, and expertise in high-volume
manufacturing, TriQuint creates standard and custom products using
gallium arsenide (GaAs), gallium nitride (GaN), surface acoustic wave
(SAW) and bulk acoustic wave (BAW) technologies. The company has
ISO9001-certified manufacturing facilities in the U.S., production in
Costa Rica, and design centers in North America and Germany. For more