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Technology Stocks : Triquint Semiconductor (TQNT)

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From: Savant1/3/2013 3:22:39 PM
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TriQuint's High-Performance Filters Capture 4G Smartphone Design Wins in
Fast-Growing Market

Advanced acoustic wave technology delivers superior filter performance for
multiband smartphones

HILLSBORO, Ore., Dec 11, 2012 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT), a leading RF solutions supplier and technology innovator, has gained
design wins for its new high-performance acoustic wave filters in sought-after 4G
smartphones from manufacturers including Samsung, LG, HTC and Motorola Mobility.
Now shipping in volume, the new filters leverage the company's broad technology
portfolio to deliver the superior filter performance required for the most
challenging LTE frequency bands.

LTE deployments are driving demand for high-performance filters in today's
multiband smartphones. High-end smartphones house a growing number of cellular
and Wi-Fi bands to support 2G/3G/4G voice and data services, as well as global
roaming. In addition, the global spectrum crunch is leading governments around
the world to squeeze new bands for 4G wireless services next to pre-existing
bands, often with minimal guard bands. Advanced filter technology is needed to
mitigate the resulting interference issues.

"Our customers count on TriQuint to solve their toughest filtering challenges,"
said Tim Dunn, Vice President of Mobile Devices. "We've achieved significant
advancements in acoustic wave technology, thanks to three decades of filter
innovation and our extensive manufacturing expertise. We're one of the very few
high-volume suppliers that can meet the demanding performance requirements for
the most stringent LTE filter bands. In the years ahead, deployments of
next-generation LTE Advanced will spur even more demand for TriQuint's
high-performance filters to reap the benefits of carrier aggregation."

Filters, duplexers and switches already account for nearly half of the total $6.4
billion RF market*. As LTE networks continue to deploy, passive content in
smartphones, tablets and other mobile devices will continue to grow. "TriQuint is
well positioned to win more business in this important market segment -- with our
technology leadership, unmatched integration expertise, chipset reference designs
and continuing investments in capacity," Dunn stated. TriQuint increased
manufacturing capacity by 40 percent in 2011 to support customer demand for its
growing mobile device portfolio.

Exploding Demand for Smartphone Filters

"The market for RF duplexers alone will reach $2.5 billion in 2016," said
Yoshiyasu Andoh, president of market research firm Navian. "The wide use of WCDMA
and increasing number of LTE bands is driving demand for duplexers at a
significant rate. As RF complexity increases, we expect to see further
integration of passives components such as filters and duplexers with active
components like power amplifiers and switches."

High-Performance 4G Filtering

The demand for high-performance filters is exploding as LTE networks deploy and
Wi-Fi becomes ubiquitous. New 4G frequency bands are usually assigned next to
pre-existing bands for Wi-Fi and Bluetooth services, often with minimal guard
bands. TriQuint's bulk acoustic wave (BAW) and temperature-compensated (TC-SAW)
technologies are instrumental in enabling simultaneous voice and data for 4G
smartphones that operate on many different frequency bands, often in multiple
regions of the world. Since 2006, TriQuint has shipped more than 2 billion SAW
filters and nearly 1 billion BAW filters.*

Besides mobile devices, TriQuint innovations in SAW, TC-SAW and BAW devices have
become the bedrock of the world's most advanced radar and communications systems,
through R&D with partners like the Defense Advanced Research Projects Agency
(DARPA). TriQuint is the only high-volume RF supplier that offers all three
filter technologies, either as stand-alone devices or integrated modules. By
combining active and passive components into tiny modules, TriQuint uses
innovations like CuFlip(TM) and its new wafer level packaging (WLP) process to
deliver size, cost and performance advantages.

TC-SAW and BAW: Enabling 4G Smartphones

SAW filters are well suited for most frequencies up through 1.9 GHz, such as
standard GSM, CDMA, and 3G bands. Some new 3G and 4G WCDMA duplexers and filters
are best served by TC-SAW, which reduces temperature drift for more challenging
specifications. For example, TriQuint uses TC-SAW to support Band 13, Band 20 and
Band 26 duplexers.

BAW is ideal for many of the new LTE bands above 1.9 GHz, delivering superior
performance with lower insertion loss, steeper slopes and excellent rejection.
BAW excels in applications where the uplink and downlink separation is minimal
and when attenuation is required in tightly-packed adjacent bands. TriQuint
harnesses the advantages of BAW technology to serve the following bands: Band 3,
Band 7, Band 25, Band 38, Band 40 and Band 41, as well as Wi-Fi co-existence
filters.

To locate one of TriQuint's distributors, resellers or local and field sales
representatives, please visit triquint.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 'leading', 'unmatched',
'smallest', 'high performance', 'superior performance', 'best in class', 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 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)

*Based on internal company estimates

Photos/Multimedia Gallery Available:
businesswire.com

SOURCE: TriQuint Semiconductor, Inc.

TriQuint Semiconductor, Inc.
Brandi Frye, +1-503-615-9488
Director, Marketing Comms
brandi.frye@tqs.com
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