Q2 2012 Financial Results in Line with Guidance, Growth 2H
Commenting on the results for the quarter ended June 30, 2012,
Ralph Quinsey, President and CEO, stated "TriQuint's second quarter
performance was in line with expectations. Mobile devices demand
was soft in the second quarter as the smartphone industry prepares for a
seasonally strong second half, and our Defense and Networks revenue was
slightly up year-to-date with a healthy outlook for the remainder of
the year. We believe TriQuint is well positioned for revenue
growth and improved financial performance in the second half of
2012." Read more.
| TriQuint and Avago Settle All Claims
TriQuint Semiconductor and Avago Technologies settled
all claims between the companies. The two parties have entered
into patent cross licenses and have agreed to dismiss all related
litigation. The specific terms of the settlement and the resulting
licensing agreement are confidential. Read more.
TriQuint Announces Stock Repurchase Program
TriQuint has authorized the repurchase of up to $50 million of the Company's common stock through May 2, 2013. In Q2, TriQuint repurchased nearly 4.9 million shares for approximately $25 million. The full program is expected to be funded from existing cash balances and cash generated from operations. Read more.
| Congratulations to Our Top Sales Reps & Distributors
TriQuint is pleased to recognize our top rep and
distributor companies for their contributions to TriQuint's overall
success in 2011. The nominees and winners were announced at
TriQuint's annual global sales conference. They were chosen by
TriQuint's executive sales team in recognition of technical support,
customer service, design wins and a responsiveness to customers.
Heartfelt congratulations to all the nominees and winners and many
thanks for your contributions to TriQuint's growth in 2011. Read more.
| TRITIUM Duo™ PADs Named Most Valuable Product
TriQuint's new TRITIUM Duo™ power amplifier-duplexer (PAD) modules for smartphones and other mobile devices were featured as the "Most Valuable Product" in the June issue of Microwave Journal.
The revolutionary 2-in-1 design of these integrated modules offers
popular band pair combinations for mobile devices, while making it
possible to replace up to 12 discrete components with a single,
dual-band package in an ultra-small footprint. Read the article.
VSAT and PtP Applications Featured on Engineering TV
James Nelson, Product Manager, was interviewed by Microwaves & RF Editor
Nancy Friedrich during IMS MTT-S 2012 - you can view the full interview
on Engineering TV. James details new solutions, plus points
towards an unfolding chipset portfolio of devices to be announced in the
coming months. These devices will expand TriQuint's leadership in
VSAT and PtP applications by offering complete devices for the RF
chain. View the video.
| Wi-Fi Trends & WLAN RF Design Considerations
about the latest trends in the Wi-Fi market as consumer demand for
wireless connectivity continues to grow. Shane Smith, Vice
President discusses key RF design considerations for demanding WLAN
applications, including the new 802.11ac Wi-Fi standard. He
explains how TriQuint's TriConnect™ family of WLAN modules provides
wireless device manufacturers with highly integrated RF solutions that
boost performance and simplify design. View the video.
| TriQuint Presents 10 New Papers at CS ManTech
experts shared their knowledge and reported on new discoveries when
they presented 10 papers at the annual CS ManTech (manufacturing
technology) symposium. The papers covered a wide range of topics
including gallium arsenide and gallium nitride processes.
Fabrication innovations that are advancing state-of-the-art
semiconductor technology were also featured, as was the human side of
innovation in a paper addressing social gaps within tech
companies. Read the conference publications.
| Download TriQuint's New Product Selection Guide
2012-2013 Product Selection Guide is now available. This guide
highlights 86 new RF solutions showcased for the first time in our New
Products section featuring 600+ standard RF products. We've
also included a significantly expanded Defense & Aerospace section
with new product tables sorted by GaN, electronic warfare, radar, space
and comms. Download your copy today
Industry's 1st 802.11ac Wi-Fi RF Module
introduced the industry's first 802.11ac Wi-Fi solution for
next-generation mobile devices. In addition to supporting faster
download speeds, TriQuint's TriConnect™ TQP6M9017
high-performance WLAN module improves the wireless experience by
enabling connectivity from greater distances; it allows nearly 60%
further range than its award-winning predecessor. For more
information about the best TriConnect™ WLAN solution for your needs, contact TriQuint. Read more.
TriQuint Selected as Finalist for Technology Award
TriQuint was honored to be one of three finalists for
the prestigious 2012 American Technology Awards in the semiconductor and
electronic components category. TriQuint was selected for this
distinction for introducing the industry's first dual-band, power
amplifier-duplexer (PAD) modules for global 3G / 4G smartphones and
other mobile devices. Read more.
New Integrated VSAT and PtP Solutions Reduce BOMs & Improve Performance
TriQuint announced two new linear, highly efficient
solutions for PtP and VSAT applications at IMS MTT-S 2012.
TriQuint's new 1W TGA2527-SM
(12.4-15.4 GHz) delivers 24dB gain with 30dBm P1dB and 31dBm
(Psat). It provides 20% better power efficiency than other
products. TriQuint's cost-effective VSAT solution for Ka-band
(28-30 GHz), the TGA4539-SM, provides 30.5dBm (Psat) and 20dB small signal gain. Samples and evaluation boards are available. Contact product marketing or TriQuint sales for details. Read more.
New LNAs Offer Top Performance
TriQuint has announced two new LNAs that simplify the RF design process and achieve highly linear, best-in-class noise performance. The TQP3M9036 and TQP3M9037
are surface-mount, integrated devices that meet stringent 3G / 4G base
station linearity and noise requirements. The TQP3M9036 (400-1500
MHz) has a noise figure of 0.45dB, 19dB gain and high linearity '+35 dBm
OIP3'. The TQP3M9037 (1.5-2.7 GHz) has a noise figure of 0.4dB
and 20dB gain and OIP3 of +36dBm. Samples are available and
production is scheduled for September 2012. Contact product marketing or TriQuint sales for details. Read more.
TriQuint's DSA Sets New Performance Standard
TriQuint supports constant innovation. Its newly-released TQP4M9083
DSA offers finer-grade tuning compared to other solutions for 0.4-3.5
GHz applications. The TQP4M9083 achieves low insertion loss, high
speed, linearity and upgraded resolution for public safety / commercial
base station requirements as well as test equipment designs.
Contact product marketing or TriQuint sales for innovative DSAs and other RF design solutions. Read more.
New CATV Innovations Improve Performance
TriQuint CATV / FTTH experts
met with industry leaders and customers at the ANGA Cable Show,
Europe's largest broadband trade fair in Cologne, Germany.
TriQuint announced two new TriAccess™ amplifiers that can replace
multiple products in CATV / FTTH systems. TriQuint's new TAT2814A is ideal for DOCSIS® 3.0 output stage amplifiers - it can reduce PCB areas by up to five times. TriQuint's TAT6281
variable gain integrated RF solution delivers highly reliable,
low-noise performance based on PIN diode attenuation. Contact product marketing or TriQuint sales for details. Read more.
Defense and Aerospace
TriQuint Announces Four New GaN Product Solutions
TriQuint announced three new GaN MMIC RF power amplifiers and a new high-power GaN RF transistor at IMS MTT-S 2012. The GaN power amplifiers bring greater efficiency, wideband coverage and excellent performance for defense and commercial applications. The 16W TGA2572-FL
is available now; TGA2593-GSG & TGA2579-FL (both 20W) will be
available this month. The newest GaN packaged transistor, T1G6003028-FS,
delivers more than 30W RF output power (DC-6 GHz); drain efficiency is
50% - this transistor can cut the number of driver stages in an
amplifier by 50%. Contact product marketing or TriQuint sales for details. Read more.
TriQuint to Develop New Ultra-Fast GaN Switches
a new GaN R&D contract from DARPA. TriQuint was selected as
Technical Area I prime contractor for the MPC program that seeks to
create ultra-fast / high-power GaN switch modulators for high-efficiency
RF amplifiers. "TriQuint currently leads five GaN R&D
programs, which help us develop new technology that should open up
additional radar and communications applications for us," remarked James
L. Klein, Defense Products & Foundry Services VP and GM.
Contact product marketing or TriQuint sales for innovative GaN solutions. Read more.
Foundry Brochure Now Available
TriQuint has released its latest guide for Foundry
Services. We provide the largest selection of GaAs and GaN foundry
services that are ideal for productizing designs in commercial, defense
and aerospace applications. TriQuint Foundry Services is renowned
for aiding businesses of all sizes, bringing their innovative ICs to
the global marketplace. Contact Foundry Services for details. Download the brochure.
Sept. 17 - 19, 2012
Connect with our experts attending the show.
Oct. 14 - 17, 2012
Collaborate with our technologists.
Oct. 29 - 31, 2012
Visit our booth #310.
Nov. 26 - 28, 2012
Stop by our booth #641.
Nov. 28 - 30, 2012
Pacifico Yokohama, Japan
Connect with our experts attending the show.
Canaccord Genuity 32nd Annual Growth Conference
Thursday, August 16, 2012
InterContinental Boston Speaker:
Steve Buhaly, CFO
|*This newsletter contains
forward-looking statements made pursuant to the Safe Harbor provisions
of the Private Securities Litigation Reform Act of 1995. Actual results
may vary materially from those expressed or implied in the statements
herein or from historical results, due to changes in economic, business,
competitive, technological and/or regulatory factors, including
TriQuint's performance; demand for TriQuint's products; ability to
develop new products, improve yields, maintain product pricing and
reduce costs; ability to win customers, increase our market share and
continue to provide expected levels of inventory to customers; inventory
levels in our markets and market conditions. Additional considerations
and important risk factors are described in TriQuint's reports on Form
10-K and 10-Q and other filings with the Securities and Exchange
Commission. These reports can be accessed at the SEC web site, www.sec.gov.
Except as required by law, we undertake no obligation to revise or
publicly release the results of any revision to these forward-looking
statements. A reader of this release should understand that it is
not possible to predict or identify all risk factors and should not
consider the list to be a complete statement of all potential risks and