HILLSBORO, OR (USA) – August 7, 2007 – TriQuint Semiconductor (Nasdaq: TQNT), a leading manufacturer of wireless products, was named the fastest growing company out of the top three among Gallium Arsenide (GaAs) device manufactures in a report issued by Strategy Analytics. According to the report, TriQuint revenues grew 37%* year-on-year for the year ending 2006. Strategy Analytics estimates that total GaAs device market (merchant and captive) revenues grew 10% year-on-year in 2006 to $3.1 billion, with the three market leaders, including TriQuint, consolidating their overall ownership of the market from 47% to 55%.

According to Strategy Analytics, the GaAs device market is now split between companies that target high volume markets and those that have chosen to focus on high value industry applications. The report notes “TriQuint is the only company out of the top three that has consistently had its feet planted firmly in both the high volume commercial and high value infrastructure and specialist camps. This core strength allows the company to balance cyclical high volume markets with demand for its products in high value applications. Under the direction of the company’s senior management, TriQuint has shown that it can cope with a changeable and unusually active marketplace over the past year and compete in key accounts at the top tier of the handset market, while also consolidating its own leadership positions in infrastructure and military markets.”

During TriQuint’s February 2007 analyst call, the company revealed earnings growth of 433% in 2006 over 2005, and announced it is now supplying production volume for four of the top five handset manufacturers. In its most recent analyst calls, the company announced a record number of handset design wins in both the first and second quarters. TriQuint Chief Executive Officer Ralph Quinsey attributes this success to its new handset product line, the first pillar of its growth plan. In 2004, corporate resources were re-aligned to build a leadership position in RF front-end components for handsets. These components connect a cellular phone antenna to the wireless digital chipset, while filtering noise and amplifying signals for better talktime. Mr. Quinsey noted “The company’s commitment to engineering excellence is paying off, and we are now seeing significant design wins and sales results. We expect this volume growth to continue into the foreseeable future,” exclaimed Quinsey.

Other pillars of TriQuint’s growth strategy include an expansion of its networks revenue into more general purpose wireless products, as well as growth in its military product line and new process introductions for its commercial foundry market. As described in the new Strategy Analytics report, TriQuint’s diversification approach allows it to play in multiple markets, while leveraging core technologies and expertise. According to the report, besides “…being one of the fastest growing companies, TriQuint retained the mantle of being the world's largest GaAs foundry in 2006.”

Visit www.triquint.com for TriQuint Semiconductor’s complete line of industry-leading gallium arsenide, SAW and BAW devices and register for product updates at: www.triquint.com/rf.

*Refer to TriQuint’s website for company-stated earnings results.

FORWARD LOOKING STATEMENTS
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 such as statements of TriQuint’s expected “volume growth to continue into the foreseeable future” are statements that 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 leading the industry 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 product 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 STRATEGY ANALYTICS
Strategy Analytics, Inc. - a global research and consulting firm - provides timely insights and strategic business solutions to companies operating at the convergence of information, communications and entertainment technologies. With worldwide headquarters in Boston, MA, and principal offices in England, France and Germany, Strategy Analytics focuses on market opportunities and challenges in the areas of Automotive Electronics & Multimedia, Digital Consumer, Wireless Strategies and Enabling Technologies. For more information, see www.strategyanalytics.com

FACTS ABOUT TRIQUINT
TriQuint Semiconductor supplies high-performance RF modules and components to the world's leading communications companies. Our diverse markets include wireless handsets, base stations, broadband communications, military and foundry. We “Connect the digital world to the global network”™. TriQuint creates standard and custom products using advanced processes that include gallium arsenide (GaAs), surface acoustic wave (SAW) and bulk acoustic wave (BAW) technologies. TriQuint has manufacturing facilities in Oregon, Texas, and Florida, a production plant in Costa Rica, and design centers in North America and Germany. These manufacturing and production facilities are certified to the ISO9001 international quality standard. TriQuint is headquartered at 2300 NE Brookwood Parkway, Hillsboro, Oregon 97124 (USA) and can be reached at +1 503 615 9000 (Fax: +1 503 615 8900). Visit TriQuint at www.triquint.com.