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To: Savant who wrote (918)2/23/2011 10:54:16 AM
From: Savant
   of 984
 

TriQuint to Open NASDAQ Market February 25, 2011

Ceremony to Commemorate 25th Anniversary's Record Earnings and 2011 Growth
Projections

HILLSBORO, Ore., Feb 23, 2011 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT), a leading RF solutions supplier and technology innovator, will ring The
NASDAQ Stock Market Opening Bell on Friday, February 25, 2011.

"We recently announced record revenue and earnings for 2010, our 25th
anniversary. There's much enthusiasm for our new opportunities in high growth
markets such as smartphones, tablet PCs and network infrastructure," said Ralph
Quinsey, President and CEO of TriQuint Semiconductor. "In 2011, we are expanding
our fab capacity by up to 40%, investing in R&D and planning to hire up to 500
new employees. I can't think of a better place to demonstrate our optimism for
our future than by opening the NASDAQ market."

To commemorate TriQuint's 25th anniversary, a delegation of employees
representing TriQuint's global workforce and manufacturing operations in Oregon,
Texas, Florida and Costa Rica will accompany Mr. Quinsey to participate in
Friday's opening ceremony at the NASDAQ MarketSite in New York City's famed Times
Square. Mr. Quinsey and members of the executive team will host TriQuint's annual
investor day in New York City on February 23rd.

A live webcast of the bell ringing ceremony will be available from 9:15 a.m. to
9:30 a.m. EST at nasdaq.com

FORWARD LOOKING STATEMENTS

This TriQuint Semiconductor, Inc. (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 'enthusiasm,' 'high
growth,' 'better' 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,
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 (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 information, visit
triquint.com.

TriQuint: Connecting the Digital World to the Global Network(R)

SOURCE: TriQuint Semiconductor, Inc.

TriQuint Semiconductor, Inc.
Shannon Rudd, +1-503-615-9407
Strategic MarCom Manager
srudd@tqs.com

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From: Savant3/8/2011 3:25:30 PM
   of 984
 
ideo Interview: Ralph Quinsey, President and Chief Executive Officer, TriQuint
Semiconductor, Inc. (TQNT)

NASDAQ CEO Signature Series Broadcasted From the NASDAQ MarketSite

NEW YORK, Mar 8, 2011 (GlobeNewswire via COMTEX) -- Veteran business journalist
Joya Dass joins Ralph Quinsey, President and Chief Executive Officer, TriQuint
Semiconductor, Inc. (TQNT), to discuss the company's industry, strategy,
financials and positioning.

Click here to view video:

investor.shareholder.com

Ralph Quinsey

President and Chief Executive Officer

Ralph Quinsey joined TriQuint in July 2002 as President and Chief Executive
Officer. From September 1999 to January 2002, Mr. Quinsey was with ON
Semiconductor, a manufacturer of semiconductors for a wide array of applications,
as Vice President and General Manager of the Analog Division. Prior to that, Mr.
Quinsey was with Motorola, a manufacturer of semiconductors and communications
equipment, from 1979 to September 1999, holding various positions including Vice
President and General Manager of the RF/IF Circuits Division, which developed
both silicon and gallium arsenide technologies for wireless phone applications.
In January 2011 Volterra Semiconductor Corporation (VLTR), a leading provider of
high-performance analog and mixed-signal power management semiconductors,
appointed Mr. Quinsey to its Board of Directors. Mr. Quinsey received a B.S.
degree in electrical engineering from Marquette University.

About TriQuint Semiconductor, Inc. (TQNT):

Every time you use a mobile phone, tablet PC, or eReader, you're connecting
through Radio Frequency (RF) technology. TriQuint Semiconductor designs, develops
and manufactures innovative RF solutions for communications companies worldwide.
We celebrated our 25th anniversary in 2010 and are a leader in market diversity
serving customers in mobile device, 3G & 4G cellular base station, WLAN,
cable/FTTH, optical, and defense & aerospace markets including communications and
radar. TriQuint has the broadest in-house technology portfolio in the RF industry
and is the only high-volume RF supplier with both active and passive technology.
This offers unprecedented levels of integration that enables a complete RF
front-end while delivering cost efficiencies and achieving compact,
high-performance designs.

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From: Savant4/12/2011 9:14:07 AM
   of 984
 
TriQuint Technology Innovations Recognized Internationally

HILLSBORO, Ore., Apr 12, 2011 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(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

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From: Savant4/13/2011 9:57:55 AM
   of 984
 
TriQuint Announces Date for First Quarter 2011 Earnings Release

Live Webcast Conference Call Scheduled for Wednesday, April 27, 2011

HILLSBORO, Ore., Apr 13, 2011 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT) will announce its earnings for the quarter ended April 2, 2011 on
Wednesday, April 27, 2011, at 1:00 p.m. PDT and will host a conference call with
the investment community on the same day at 2:00 p.m. PDT.
Conference Call Information:
Date:Wednesday, April 27, 2011
Time:2:00 p.m. (PDT)
Dial-in:888.813.6582 or 706.643.7082
Conference Call ID #:59216262


A webcast of the conference call will be available from the Investors section of
the Company's website at: triquint.com A replay of
the conference call will be available through May 4, 2011. To access the replay,
please dial 800.642.1687 and enter Conference ID # 59216262.

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From: Savant4/19/2011 1:11:20 AM
   of 984
 
TriQuint Announces Date for First Quarter 2011 Earnings Release

Live Webcast Conference Call Scheduled for Wednesday, April 27, 2011

HILLSBORO, Ore., Apr 13, 2011 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT) will announce its earnings for the quarter ended April 2, 2011 on
Wednesday, April 27, 2011, at 1:00 p.m. PDT and will host a conference call with
the investment community on the same day at 2:00 p.m. PDT.
Conference Call Information:
Date:Wednesday, April 27, 2011
Time:2:00 p.m. (PDT)
Dial-in:888.813.6582 or 706.643.7082
Conference Call ID #:59216262


A webcast of the conference call will be available from the Investors section of
the Company's website at: triquint.com A replay of
the conference call will be available through May 4, 2011. To access the replay,
please dial 800.642.1687 and enter Conference ID # 59216262.

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From: Savant4/28/2011 6:54:48 PM
   of 984
 
TriQuint Announces First Quarter 2011 Results

HILLSBORO, Ore., Apr 27, 2011 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT), a leading RF solutions supplier and technology innovator, announces its
financial results for the quarter ended April 2, 2011, including the following
highlights:

-- Revenue for the quarter was $224.3 million, up 24% from Q1'10

-- Mobile Devices quarterly revenue for Q1'11 grew 41% over Q1'10

-- GAAP Net Income for the quarter was $12.4 million, or $0.07 per diluted share

-- Non-GAAP Net Income for the quarter was $26.1 million, up more than 47% from
Q1'10. Non-GAAP EPS was $0.15 per diluted share

-- Recognized as a ZTE Supplier of the Year, Compound Semiconductor Europe R&Daward recipient, China Electronic News top 10 brand and EE Times Annual
Creativity in Electronics finalist for Company of the Year

-- Introduced new single and dual band WLAN Power Amplifiers that augment the
Texas Instruments WiLink(TM) 6.0 and WiLink 7.0 solutions to support strong
market demand for WiFi connectivity

-- Launched three new cable products expanding the transport portfolio

Commenting on the results for the quarter ended April 2, 2011, Ralph Quinsey,
President and Chief Executive Officer, stated, "Driven by strong demand in the
smartphone market, we enjoyed 24% revenue growth and 47% growth in non-GAAP
earnings year over year in the first quarter. Looking ahead, I expect continued
solid traction in mobile devices, strength in high performance optical amplifiers
and good progress in the cable market."

Summary Financial Results for the Quarter Ended April 2, 2011:

Revenue for the first quarter of 2011 was $224.3 million, up 24% from the first
quarter of 2010 and down 11% sequentially. Mobile Devices grew 41% year over year
while Networks grew 6% year over year.

Gross margin for the first quarter of 2011 was 39.0%, up from 37.9% in the first
quarter of 2010 and flat sequentially. On a non-GAAP basis, gross margin for the
first quarter was 40.0%, up from 39.0% in the first quarter of 2010 and flat
sequentially.

Operating expenses for the first quarter of 2011 were $67.1 million, or 30% of
revenue, up from $55.3 million in the first quarter of 2010 and $61.6 million in
the previous quarter. Non-GAAP operating expenses for the quarter were $63.2
million or 28% of revenue, including $5.4 million of litigation expense.

Net income for the first quarter of 2011 was $12.4 million, or $0.07 per diluted
share. Non-GAAP net income for the first quarter of 2011 was $26.1 million, or
$0.15 per diluted share. Please see the discussion of non-GAAP financial measures
below and the attached supplemental schedule for a reconciliation of GAAP to
non-GAAP financial measures.

Outlook:

The Company believes second quarter revenue will be between $230 million and $240
million. Litigation expense is expected to be approximately $7 million. Second
quarter non-GAAP net income is expected to be between $0.16 and $0.18 per share.
The Company is 86% booked to the midpoint of revenue guidance.

Additional Information Regarding April 2, 2011 Results:

GAAP and non-GAAP financial measures are presented in the tables below (in
millions, except for percentage and per share information). Non-GAAP financial
measures are reconciled to the corresponding GAAP financial measures in the
financial statement portion of this press release.

GAAP RESULTS
---------------------------------------------------------------------------------------
Three Months Ended
-------------------------------------------------------
Q1 2011Q4 2010ChangeQ1 2010Change
vs. Q4vs. Q1
20102010
-------------------------------------------------------
Revenue$ 224.3$ 253.4(11)%$ 180.824 %
--- -------- --------------------- ------------------
GM39.0 %39.0 %0.0 %37.9 %1.1 %
-----------------------------------------------------------------
Op Income$20.3$37.3(46)%$13.254 %
--- -------- --------------------- ------------------
Net Income$12.4$42.5(71)%$13.7(9)%
--- -------- --------------------- ------------------
Diluted EPS$0.07$0.25$ (0.18)$0.09$ (0.02)
-------------- -------- -------- ----- ------ -------- ----- ---
NON-GAAP RESULTS A
---------------------------------------------------------------------------------------
Three Months Ended
-------------------------------------------------------
Q1 2011Q4 2010ChangeQ1 2010Change
vs. Q4vs.
2010Q1
2010
-------------------------------------------------------
Revenue$ 224.3$ 253.4(11)%$ 180.824 %
--- -------- --------------------- ------------------
GM40.0 %40.1 %(0.1)%39.0 %1.0 %
-----------------------------------------------------------------
Op Income$26.5$43.5(39)%$18.146 %
--- -------- --------------------- ------------------
Net Income$26.1$42.8(39)%$17.747 %
--- -------- --------------------- ------------------
Diluted EPS$0.15$0.25$ (0.10)$0.11$0.04
-------------- -------- -------- ----- ------ -------- -----
AExcludes stock based compensation charges, non-cash tax (benefit)
expense, certain charges associated with acquisitions, and other
specifically identified non-routine transactions.


Conference Call:

TriQuint will host a conference call this afternoon at 2:00 p.m. PDT to discuss
the results for the quarter as well as our future expectations for the company.
To access the conference call, please dial (888) 813-6582 domestically, or (706)
643-7082 internationally, approximately ten minutes prior to the beginning of the
call, using passcode 59216262. The call can also be heard via webcast accessed
through the "Investors" section of TriQuint's web site at:
triquint.com A replay of the conference call will be
available until May 4, 2011.

Non-GAAP Financial Measures:

This press release provides financial measures for non-GAAP net income, diluted
earnings per share, gross profit, operating expenses and operating income that
exclude equity compensation expense, non-cash tax (benefit) expense, certain
charges associated with acquisitions, and other specifically identified
non-routine items, and are therefore not calculated in accordance with accounting
principles generally accepted in the United States ("GAAP"). The non-cash tax
(benefit) expense includes certain deferred tax charges and benefits that do not
result in a tax payment or tax refund. Management believes that these non-GAAP
financial measures provide meaningful supplemental information regarding our
performance that enhances management's and investors' ability to evaluate
TriQuint's operating results.

These non-GAAP financial measures are not intended to be used in isolation and
should not be considered a substitute for any other performance measure
determined in accordance with GAAP. Investors and potential investors are
cautioned that there are material limitations associated with the use of non-GAAP
financial measures as an analytical tool, including that other companies may
calculate similar non-GAAP financial measures differently than we do, limiting
their usefulness as a comparative tool. The company compensates for these
limitations by providing specific information regarding the GAAP amount excluded
from the non-GAAP financial measures. The company further compensates for the
limitations of our use of non-GAAP financial measures by presenting comparable
GAAP measures more prominently. Investors and potential investors are encouraged
to review the reconciliation of non-GAAP financial measures contained within this
press release with our GAAP net income and net income per share.

Forward-Looking Statements:

This press release contains forward-looking statements made pursuant to the Safe
Harbor provisions of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include statements regarding TriQuint's anticipated
revenues, litigation expenses and non-GAAP net income; growth in demand for
TriQuint's products; and continued solid traction in mobile devices, strength in
high performance optical amplifiers and progress in the cable market. 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; TriQuint's ability to develop new
products, improve yields, maintain product pricing and reduce costs; TriQuint's
ability to win customers, increase market share and continue to provide expected
levels of inventory to customers; inventory levels in TriQuint's markets; delays
or impediments in TriQuint's or its customers' supply chains; RF content
expansion; market conditions; consumer demand for mobile internet devices such as
smartphones and tablets; continued traction in mobile devices; growth in high
performance optical product revenue for city-to-city and metro-ring data
transport; the evolution of, and TriQuint's new product success, in the
cable/hybrid-fiber-coax network markets; and levels of government spending in the
defense market. 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, sec.gov. Except as required by law, TriQuint undertakes 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 risk factors described in
TriQuint's filings with the Securities and Exchange Commission to be a complete
statement of all potential risks and uncertainties.

Facts About TriQuint

Founded in 1985, TriQuint Semiconductor (TQNT) is a leading RF solutions supplier
and technology innovator 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 information, visit triquint.com.

TQNT - F

TriQuint: Connecting the Digital World to the Global Network(R)

TriQuint Semiconductor, Inc.
CONDENSED CONSOLIDATED
BALANCE SHEETS
(Unaudited)
(In thousands)
April 2, 2011December 31,April 3, 2010
2010
-------------------------------------
Assets
Current assets:
Cash, cash equivalents and investments$198,823$ 223,656$ 157,575
Accounts receivable, net132,532138,98999,133
Inventories124,487101,45792,237
Other current assets90,57782,36930,370
-------------------------------------------
Total current assets546,419546,471379,315
Property, plant and equipment, net378,380352,188277,142
Other, net77,65279,44348,858
-------------------------------------------
Total assets$ 1,002,451$ 978,102$ 705,315
==== ============= ============= =======
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable and accrued expenses$110,214$ 115,119$77,435
Other accrued liabilities10,62212,12811,482
-------------------------------------------
Total current liabilities120,836127,24788,917
Long-term income tax liability7,4147,3508,978
Other long-term liabilities9,9539,4868,887
-------------------------------------------
Total liabilities138,203144,083106,782
Stockholders' equity864,248834,019598,533
-------------------------------------------
Total liabilities and stockholders' equity$ 1,002,451$ 978,102$ 705,315
==== ============= ============= =======


TriQuint Semiconductor, Inc.
CONDENSED CONSOLIDATED
STATEMENTS OF INCOME
(Unaudited)
(In thousands,
except per share amounts)
Three Months Ended
--------------------------------------------------------
April 2, 2011December 31,April 3, 2010
2010
---------------------------------------------
Revenues$ 224,323$ 253,389$ 180,838
Cost of goods sold136,929154,493112,339
---------------------------------------
Gross profit87,39498,89668,499
Operating expenses:
Research, development and engineering36,47632,85130,779
Selling, general and administrative25,22924,49623,496
Litigation expense5,3994,228985
---------------------------------------
Total operating expenses67,10461,57555,260
Operating income20,29037,32113,239
Other (expense) income:
Interest income10468111
Interest expense(387)(555)(204)
Foreign currency loss(56)(157)(215)
Recovery of investment1511,340--
Other, net23415
---------------------------------------
Other (expense) income, net(165)737(303)
Income before income tax20,12538,05812,936
Income tax expense (benefit)7,686(4,436)(773)
-----------------------------------------------
Net income$12,439$42,494$13,709
==== =========== =========== =======
Per Share Data
Basic per share net income$0.08$0.27$0.09
Diluted per share net income$0.07$0.25$0.09
Weighted-average shares outstanding:
Basic162,413159,333153,554
Diluted172,822170,373159,499


TriQuint Semiconductor, Inc.
CONDENSED CONSOLIDATED
STATEMENTS OF INCOME
(Unaudited)
(% of revenue)
Three Months Ended
--------------------------------------------
April 2, 2011December 31,April 3, 2010
2010
------------------------------------
Revenues100.0 %100.0 %100.0 %
Cost of goods sold61.0 %61.0 %62.1 %
------ ------------ ------------ ------
Gross profit39.0 %39.0 %37.9 %
Operating expenses:
Research, development and engineering16.3 %13.0 %17.0 %
Selling, general and administrative11.3 %9.7 %13.1 %
Litigation expense2.4 %1.6 %0.5 %
------ ------------ ------------ ------
Total operating expenses30.0 %24.3 %30.6 %
Operating income9.0 %14.7 %7.3 %
Other (expense) income:
Interest income0.1 %0.1 %0.1 %
Interest expense(0.2)%(0.2)%(0.1)%
Foreign currency loss(0.0)%(0.1)%(0.1)%
Recovery of investment0.1 %0.5 %-- %
Other, net0.0 %0.0 %0.0 %
------ ------------ ------------ ------
Other (expense) income, net(0.0)%0.3 %(0.1)%
Income before income tax9.0 %15.0 %7.2 %
Income tax expense (benefit)3.5 %(1.8)%(0.4)%
------ ------------ ------------ ------
Net income5.5 %16.8 %7.6 %
====== ============ ============ ======


TriQuint Semiconductor, Inc.
SUPPLEMENTAL RECONCILIATION
OF GAAP TO NON-GAAP RESULTS
(Unaudited)
(In
thousands, except per share amounts)
Three Months Ended
------------------------------------------------------------------------
April 2, 2011December 31, 2010April 3, 2010
----------------------- ------------------------ -----------------------
(% of revenues)(% of revenues)(% of revenues)
GAAP GROSS PROFIT$ 87,39439.0%$98,89639.0%$ 68,49937.9%
Adjustment for stock based compensation charges1,2190.5%1,2460.5%9570.5%
Adjustment for charges associated with acquisitions:
Amortization of intangible assets1,0650.5%1,0450.4%1,0200.6%
Writeoff IPR&D for abandoned development effort----%3260.2%----%
--------------- ------------------ ----------------- --
NON-GAAP GROSS PROFIT$ 89,67840.0%$ 101,51340.1%$ 70,47639.0%
GAAP OPERATING EXPENSES$ 67,10430.0%$61,57524.3%$ 55,26030.6%
Adjustment for stock based compensation charges(3,686)(1.7)%(3,375)(1.3)%(2,695)(1.5)%
Adjustment for charges associated with acquisitions:
Amortization of intangible assets(216)(0.1)%(213)(0.1)%(202)(0.1)%
----------------- -------------------- ------------------- --
NON-GAAP OPERATING EXPENSES$ 63,20228.2%$57,98722.9%$ 52,36329.0%
GAAP OPERATING INCOME$ 20,2909.0%$37,32114.7%$ 13,2397.3%
Adjustment for stock based compensation charges4,9052.2%4,6211.8%3,6522.0%
Adjustment for charges associated with acquisitions1,2810.6%1,5840.6%1,2220.7%
--------------- ------------------ ----------------- --
NON-GAAP OPERATING INCOME$ 26,47611.8%$43,52617.2%$ 18,11310.0%
GAAP NET INCOME$ 12,4395.5%$42,49416.8%$ 13,7097.6%
Adjustment for stock based compensation charges4,9052.2%4,6211.8%3,6522.0%
Adjustment for recovery of investment(151)(0.1)%(1,340)(0.5)%----%
Adjustment for non-cash tax expense (benefit)7,6043.4%(4,720)(1.9)%(1,041)(0.6)%
Adjustment for charges associated with acquisitions1,3210.6%1,7470.7%1,3730.8%
--------------- ------------------ ----------------- --
NON-GAAP NET INCOME$ 26,11811.6%$42,80216.9%$ 17,6939.8%
GAAP DILUTED EARNINGS PER SHARE$0.07$0.25$0.09
Adjustment for stock based compensation charges0.030.030.02
Adjustment for recovery of investment(0.00)(0.01)--
Adjustment for non-cash tax expense (benefit)0.04(0.03)(0.01)
Adjustment for charges associated with acquisitions0.010.010.01
----------------------------------
NON-GAAP DILUTED EARNINGS PER SHARE$0.15$0.25$0.11


Our earnings release contains forward looking estimates of non-GAAP diluted
earnings per share for the second quarter of 2011. We provide these non-GAAP
measures on a prospective basis for the same reasons that we provide them to
investors on a historical basis. The following table provides a reconciliation of
GAAP diluted earnings per share to non-GAAP diluted earnings per share for Q2
2011 based on the mid-point of guidance.

Forward Looking GAAP Diluted Earnings per Share$ 0.08
Adjustment for stock based compensation charges0.04
Adjustment for non-cash tax expense0.04
Adjustment for charges associated with acquisitions0.01
--------
Forward Looking non-GAAP Diluted Earnings per Share$ 0.17


SOURCE: TriQuint Semiconductor, Inc.

TriQuint Semiconductor, Inc.
VP of Finance & Administration, CFO
Steve Buhaly, +1-503-615-9401
sbuhaly@tqs.com
or
Director, Investor Relations
Roger Rowe, +1-503-615-9189
roger.rowe@tqs.com
or
Media Contact:
Director, Marketing Comms
Brandi Frye, +1-503-615-9488
bfrye@tqs.com

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From: Savant6/6/2011 10:36:20 AM
   of 984
 
New TriQuint Base Station RFICs Integrate Unique Protections for Data-Intensive
Mobile Device Networks

Meet TriQuint's Experts at IMS 2011 and Discover New Ways to Lower Power
Consumption and Prevent Network System ESD, RF Over-Drive & DC Over-Voltage
Failures

BALTIMORE & HILLSBORO, Ore., Jun 06, 2011 (BUSINESS WIRE) -- TriQuint
Semiconductor (TQNT), a leading RF solutions supplier and technology innovator,
has released the first members in a new family of integrated RF products that
lower power consumption while protecting mobile networks from disruption and
service failures. TriQuint's newest base transceiver station (BTS) network
devices join 12 other new power and filter infrastructure solutions introduced in
the first half of 2011.

"We listened to our customers in developing these products," said Vice President
Brian P. Balut. "Consumer demand for smartphones and tablets means more bandwidth
through the network. That leads to the requirement for greater linearity in the
RF chain. At the same time, our customers want to minimize power consumption, and
they want devices that withstand spikes and other stresses that may occur in the
field. These two new products uniquely address all these needs."

TriQuint is focused on bringing performance innovation to essential building
blocks in the global network. This network is fraught with demand, and it's not
going to let up; by 2015, the amount of mobile data traffic contributed by
tablets alone is expected to equal that of mobile data traffic from all devices
combined in 2010.*

TriQuint's new base station devices, starting with the 0.25 Watt TQP7M9101,
provides high gain and linearity with very low current consumption--just 88 mA
(milliamps) in a typical 5 Volt design. The 0.5 Watt TQP7M9102 is also now
available; it provides highly-linear performance, low current consumption and
greater gain.

Setting these amplifiers apart from others now available is TriQuint's
patent-pending integrated protection features that include means to guard against
ESD and DC over-voltage electrical spikes. TriQuint also integrates RF over-drive
protection that reduces the chance of damage from high signal levels often seen
in systems employing digital pre-distortion linearization techniques commonly
utilized to meet 3G/4G BTS system requirements. Unlike other linear driver
amplifiers available today, TriQuint's TQP7M9101 also integrates matching
circuits that eliminate the need externally. These integration benefits reduce
the overall BOM and provide easier-to-use solutions that are especially important
when fast time-to-market is a key manufacturer strategy.

"TriQuint regularly releases new amplifier and linear gain blocks that offer
useful improvements. They appreciate that design requirements change all the
time," said Alexander Kopp, RF designer, Andrew Wireless Systems / CommScope,
Buchdorf, Germany. "A more linear RF signal is very important, and with very low
current drain, we can reduce a system's thermal dissipation. The TriQuint team
has offered us great support."

TriQuint's two new amplifiers are ideal for 3G/4G wireless infrastructure
applications including base transceiver stations, repeaters, boosters,
tower-mounted amplifiers (TMAs), remote radio heads, defense/aerospace and other
wireless systems requiring high linearity and gain with low power consumption.

TriQuint's base station, microwave and defense/aerospace innovations will be
displayed at the IEEE IMS / MTT-S Conference and Exhibition (June 5-10,
Baltimore, Maryland.) Visit TriQuint at Booth #2218, or request a meeting with
our experts at: info-networks@tqs.com. For information about future product
releases and to subscribe to our newsletter, visit triquint.com

*Source: 2011 Cisco Visual Networking Index

Technical Details
0.25W high-linearity amplifier. Performance at 2.1 GHz: 17.5 dB
TQP7M9101gain, 40 dBm OIP3 & 24.8 dBm P1dB while consuming only 88 mA current
from a 5V supply. Integrated RF over-drive, DC over-voltage and
Class 2 (2000V) HBM ESD protection.
-------------------------------------------------------------------------------------
TQP7M91020.5W high-linearity amplifier. Performance at 2.1 GHz: 17.8 dB gain,
43.5 dBm OIP3 & 27.5 dBm P1dB while consuming only 137 mA current
from a 5V supply. Integrated RF over-drive, DC over-voltage and
Class 2 (2000V) HBM ESD protection.
-------------------------------------------------------------------------------------

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From: Savant6/7/2011 10:11:19 AM
   of 984
 
TriQuint Demonstrates Gallium Nitride Leadership by Achieving Key Development
Milestones

BALTIMORE, Jun 07, 2011 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc. (TQNT), a
leading RF solutions supplier and technology innovator, today announced several
milestones related to its industry leading Gallium Nitride (GaN) developments.
Together with customers and various US Government agencies, TriQuint is working
to define the future of RF, where it believes GaN will play a key role.

"These are exciting times in the GaN development cycle and TriQuint is pushing
the envelope by demonstrating key achievements in the path to broad industry
consumption. We have standard products available today and continue to enhance
the reliability, manufacturability and performance of our GaN process technology.
We intend to set a high bar for what customers should expect of GaN technology,
customer service and semiconductor material experience," said Thomas Cordner,
TriQuint Vice President.

GaN Performance -- Together with researchers from the University of Notre Dame,
TriQuint put its GaN NEXT Process, which is being developed with funds from DARPA
and not yet commercially available, through stringent performance tests. The
results of the testing demonstrated performance twice that of recently-claimed
'best' performance by University of California Santa Barbara. The paper,
entitled, "State-of-the-Art E/D GaN Technology Based on an InAlN/AlN/GaN
Heterostructure" itemizes Ft>240GHz compared to the UCSB claim of Ft=120GHz.
The paper also details Enhancement / Depletion integration with record DC and RF
performances. The paper can be requested from the technical resources for GaN
page.

GaN Foundry -- TriQuint's commercial GaN foundry offering is now available on
100mm wafers in Limited Release. This release is designed for well-qualified
customers with available resources prior to becoming a Full Release process. The
latter will include the full complement of associated models, tools and support
traditionally offered to TriQuint customers. TriQuint's GaN process technology
has also been certified as a Department of Defense Category 1A 'Trusted Foundry'
ensuring customers that TriQuint's GaN process meets stringent product control
and secure handling standards during all stages of circuit fabrication.
Accreditation also creates an avenue for increased high security monolithic
microwave integrated circuit (MMIC) business.

GaN Standard Products Availability - TriQuint has released several standard
products based on its GaN process. The following products enable excellent RF
performance and include:

-- The T1G4005528-FS is an innovative discrete RF power transistor with
exceptional performance from DC to 3.5 GHz. Ideal for narrow and wideband
applications, the T1G4005528-FS is well suited for military and civilian radar,
professional and military radio communications systems, test instrumentation,
avionics and wideband or narrowband amplifiers.

-- The T1G6001528-Q3 is a packaged GaN discrete RF power transistor offering
substantial wideband coverage, high PAE, gain, and more than 18 Watts of output
power and greater than 50% efficiency across an exceptionally wide bandwidth (DC
to 6 GHz.). This multifaceted device can be used in professional and military
radio communication systems, jammers, military and civilian radar, test
instrumentation, avionics and wideband or narrowband amplifiers.

-- The TGA2576 is a power amplifier that delivers 30W of saturated output power
in the 2.5-6 GHz range and typically offers 30% PAE and 25dBm of small signal
gain. The PA is well suited for counter-IED (C-IED) and other EW (electronic
weapons) systems.

GaN Innovation -- TriQuint is working on several ongoing research contracts with
government agencies to further its development of GaN for broad commercial use.

-- Defense Production Act Title III -- Announced in November 2010 and granted by
US Air Force Research Laboratory (AFRL), this $17.5M, multi-year contract is
designed to develop manufacturing that increases yield, lowers costs and improves
time-to-market cycles for defense and commercial GaN integrated circuits.

-- Unmanned Aerial Vehicle (UAV) Contract - Awarded by the AFRL, this program
will develop new GaN modules for UAVs that will extend the range and capabilities
of drone aircraft that are used for reconnaissance missions over Afghanistan,
Iraq and other regions.

-- DARPA 'NEXT' - Announced in October 2009 and awarded by Defense Advanced
Research Projects Agency (DARPA), this $16.2M, multi-year contract funds the
development of complex, high dynamic range circuits for future defense and
aerospace applications. -- This contract was recognized at the inaugural 2011 CS
Europe Conference with a CS Europe Industry Award in the R&D category.

TriQuint is available to discuss progress on its GaN development efforts and
range of other products for Base Station, Point to Point, Optical, Cable TV /
FTTH, and Mobile Device applications at IMS 2011 June 5-10 in Baltimore,
Maryland.

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From: Savant6/9/2011 9:54:22 AM
   of 984
 
Expectations of Splendor, Fast-Growing Technology Report - Research on Skyworks
Solutions, Inc. and TriQuint Semiconductor, Inc.

HONG KONG, Jun 09, 2011 (MARKETWIRE via COMTEX) -- Today,
worldstreetfundamentals.com released its industry report highlighting
Skyworks Solutions, Inc. (SWKS) and TriQuint Semiconductor, Inc. (TQNT). Full
fundamental and technical analysis is available at
worldstreetfundamentals.com

Increased commercial requirements, sustained by consumer demand for more
bandwidth communicative applications, have created a strong market influence
within communication technologies. According to the World Semiconductor Trade
Statistics, the global semiconductor market grew 96% since 2001 and is expected
to continue to grow at an annual growth rate of 8% and the analog power
management market is expected to grow to $12.1 billion in 2014, according to
Gartner market research. This past period has seen investors turn to
communication companies with established markets at value prices.

World Street Fundamentals has highlighted Skyworks Solutions, Inc. as it offers a
diverse standard and custom linear products supporting automotive, broadband,
cellular infrastructure. The company's handset portfolio includes front-end
solutions, from entry level to multimedia platforms and smart phones. Skyworks
has recently entered into a definitive agreement to acquire Advanced Analogic
Technologies for a nominal price of $6.13 per share, representing a 52 percent
premium to Advanced Analogic Technologies' 30-day trailing average. The entire
report on Skyworks Solutions, Inc. (SWKS) is available here:
worldstreetfundamentals.com

World Street has brought attention to TriQuint Semiconductor, Inc. because it is
a supplier of modules, components and foundry services for communications
applications. TriQuint designs, develops and manufactures radio frequency (RF)
solutions with leading edge technologies for customers worldwide. TriQuint is
focused on bringing performance innovation to essential building blocks in the
global network. This network is tense with demand, and it's not going to let up;
by 2015, the amount of mobile data traffic contributed by tablets alone is
expected to equal that of mobile data traffic from all devices combined in 2010.
The entire report on TriQuint Semiconductor, Inc. (TQNT) is available here:
worldstreetfundamentals.com

About World Street World Street Fundamentals is an online portal for
professionals, investors and new-comers to the markets to find in depth
comprehensive research and research tools to help guide you through the ever
changing financial markets. Covering the top performers in the hottest sectors
and providing clarity to investors around the world.

Contact:

Adam Redford
Email Contact
worldstreetfundamentals.com




SOURCE: World Street Fundamentals
www2.marketwire.com
worldstreetfundamentals.com

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From: Savant7/21/2011 7:41:34 PM
   of 984
 
TriQuint Announces Date for Second Quarter 2011 Earnings Release

Live Webcast Conference Call Scheduled for Wednesday, July 27, 2011

HILLSBORO, Ore., Jul 13, 2011 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT) will announce its earnings for the quarter ended July 2, 2011 on
Wednesday, July 27, 2011, at 1:00 p.m. PDT and will host a conference call with
the investment community on the same day at 2:00 p.m. PDT.
Conference Call Information:
Date:Wednesday, July 27, 2011
Time:2:00 p.m. (PDT)
Dial-in:888.813.6582 or 706.643.7082
Conference Call ID #:74364453


A webcast of the conference call will be available from the Investors section of
the Company's website invest.triquint.com A replay of the conference
call will be available through August 3, 2011. To access the replay, please dial
800.642.1687 and enter Conference ID # 74364453.

FACTS ABOUT TRIQUINT

Founded in 1985, TriQuint Semiconductor (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 information, visit
triquint.com.

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