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27 June 2007


RFMD moves up the rankings

Quoting a report from market analysts at Gartner Dataquest, RF Micro Devices Inc (RFMD) of Greensboro, NC, USA says that in terms of revenue it is now ranked sixth in a list of the world's largest wireless communications semiconductor vendors. Gartner's 2006 report placed RFMD in seventh place.

RFMD’s wireless applications revenue grew by 44% from 2005 to 2006 due to its POLARIS Total Radio RF solutions and power amplifier module businesses, says Gartner’s May 2007 report "Dataquest Insight: Semiconductor Vendor Performance, 2006." The report adds that mobile phones accounted for around 75% of the company's total wireless application revenue in 2006, driven by increasing sales of high-semiconductor-content 3G handsets.

“As the cellular RF leader, we are uniquely positioned to increase our RF semiconductor content in mobile devices as 3G multimode handsets proliferate, new subscribers are added and new replacement phones are purchased.” said Bob Bruggeworth, president and CEO of RFMD. “Beyond handsets, the same core competencies that have supported our success in cellular are driving our opportunities in wireless LAN (WLAN), infrastructure, GPS and other complementary markets. Our investments in manufacturing scale, world-class engineering and design expertise, process development and new enabling technologies, such as MEMS and wafer level packaging, are distancing RFMD from other market participants and extending our opportunities for incremental growth in diverse, high-growth market segments.”

See related items:

Filtronic to cut 115 jobs as RFMD decides to cease buying GaAs pHEMT switches in September

RFMD and Skyworks gain share in handset PAs: further consolidation likely

RFMD breaks $1bn annually, but Motorola inventory correction depresses March and June quarters

Handset shipment growth slows to 10% year-on-year

Inventory build-up trims mobile handset shipment growth to 12% in Q1/2007

RFMD prices $350m private placement; fiscal-year revenue to exceed $1bn, but forecasts slowdown next quarter