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   Technology StocksTriquint Semiconductor (TQNT)


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From: Savant1/10/2012 11:19:41 AM
   of 995
 
TriQuint Advances DARPA GaN R&D Program Ahead of Schedule

TriQuint Announces GaN Breakthroughs Developing Highly-Advanced, Mixed-Signal
Digital/RF Circuits for DARPA

HILLSBORO, Ore. & RICHARDSON, Texas, Jan 10, 2012 (BUSINESS WIRE) -- TriQuint
Semiconductor, Inc. (TQNT), a leading RF solutions supplier and technology
innovator, today announced that it has begun work on Phase II of the Defense
Advanced Research Projects Agency (DARPA) multi-year Nitride Electronic
NeXt-Generation Technology (NEXT) program as a prime contractor. TriQuint has
received $12.67 million in support of the NEXT contract to date.

NEXT was created by DARPA to research and develop devices suitable for complex,
high dynamic range mixed-signal circuits for future defense/aerospace
applications. Phase II of the NEXT program is contracted to last 18 months.

TriQuint is already exploring and bringing to market derivative devices made
possible by breakthroughs demonstrated in NEXT Phase I. "NEXT devices provide
game-changing technology for substantially improving performance in applications
like phased array radar and communications," said TriQuint Vice President and
General Manager for Defense Products and Foundry Services, James L. Klein. "The
devices developed under 'NEXT' open-up applications for lower voltage GaN-based
products, which achieve power densities at least four times higher than GaAs
devices. The opportunities are exciting."

TriQuint Senior Fellow Dr. Paul Saunier leads the NEXT program as principal
investigator. Dr. Saunier and his team reported state-of-the-art results at the
2011 GOMACTech conference in Orlando, Florida. The team achieved an Ft>240 GHz
in a GaN circuit.

DARPA's NEXT Phase I concentrated on fabricating very high frequency devices and
meeting defined yield metrics. Phase II will concentrate on process development
in the pursuit of increased yields while pushing the operating frequency to 400
GHz. Phase III will seek to extend the operating frequency to 500 GHz with still
higher yields and reduced circuit size. NEXT research also focuses on
highly-scaled enhancement-depletion (E/D) mode GaN mixed-signal devices, similar
to those used in gallium arsenide (GaAs) E/D MMICs. TriQuint creates the latter,
with integrated digital control functionality and power handling for greater
efficiency and cost-effectiveness.

Beyond the NEXT activity, TriQuint is working on innovative enhancement mode
power switching devices needed for ultra-high efficiency DC-DC converters
integrated with RF amplifiers for radar, communications and EW systems. The
technology is enabling greater sensitivity, while reducing prime power and cost.
TriQuint Gallium Nitride Product Innovation, Honors & Resources:
----------------------------------------------------------------------------------
HeritageLeader in defense and commercial GaN research since 1999
----------------------------------------------------------------------------------
ResearchLeader in performance
and reliability GaN development
----------------------------------------------------------------------------------
University PartnersMassachusetts
Institute of Technology & University
of Notre Dame
----------------------------------------------------------------------------------
Recent Honors2011 'Compound Semiconductor' CS
Industry Award for DARPA 'NEXT'
----------------------------------------------------------------------------------
Active R&D ProgramsAir Force Research Laboratory (AFRL)
& DARPA E-mode GaN program developing integrated variable drain
voltage supplies for power amplifiers
----------------------------------------------------------------------------------
AFRL GaN
modules for mini-CDLs in UAVs
---------------------------------------------------------------
DARPA
NEXT program for highly complex, high frequency GaN MMICs
---------------------------------------------------------------
Title
III program for GaN on SiC; Radar/EW MMICs: AFRL, ONR
& NRL
sponsors
---------------------------------------------------------------
GaN ProductsWide
selection of innovative GaN amplifiers, transistors and
switches
----------------------------------------------------------------------------------
GaN Foundry0.25-micron
GaN on SiC; 100mm wafers; DC-18 GHz applications
----------------------------------------------------------------------------------

For more information about TriQuint defense and aerospace products, visit us at
triquint.com, or register to receive product updates and
TriQuint's newsletter.

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',
'exceptional', 'high efficiency', 'key role', 'leading supplier', 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.
Media Contact:
Strategic Marketing Communications Mgr.
Mark W. Andrews, +1 407-884-3404
Mobile: +1 407-353-8727
mark.andrews@tqs.com
or
Defense Solutions Marketing:
Defense Products & Foundry Services Marketing Director
Roger Hall, +1 972-994-8289
roger.hall@tqs.com

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From: Savant2/3/2012 12:52:02 PM
   of 995
 
TriQuint Foundry Supports Sarda Technologies' Entry into Global Smartphone &
Mobile PC Market

Sarda's High-Efficiency Solutions Can Extend Mobile Device Battery Life & Reduce
Costs

HILLSBORO, Ore., Feb 03, 2012 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT), a leading RF solutions supplier and technology innovator, today announced
that its Foundry Services division is supporting start-up Sarda Technologies to
bring a new line of high-efficiency DC-DC converter switches to the global
marketplace. Sarda, a 'clean-tech' company based in Durham, North Carolina (USA),
plans to offer cost-saving solutions for increasing efficiency and reducing
component size in smartphones, mobile PCs and similar applications.

"Sarda Technologies is a good example of the innovative commercial and defense
start-ups our Foundry Services division supports. Sarda is developing an
impressive family of power semiconductors for high-volume applications," remarked
VP and General Manager for Defense Products and Foundry Services, James L. Klein.
"We offer a complete support system that enables a company's first-to-market
strategies including best-in-class modeling, program management and applications
engineering teams dedicated to customer success."

The global market demand for highly-efficient DC-DC switches for power converters
is significant. According to the Darnell Group's December 2011 report*, the
market is projected to grow from nearly 20 billion units in 2011 to just under 32
billion units in 2016, a 9.7% compound annual growth rate (CAGR); global revenue
is expected to grow to $4.3 billion.

Power switching process technology currently utilized in DC-DC converters is not
highly efficient. The switch is seen as an increasingly critical consumer
electronics design element since power consumption dramatically impacts end-user
product experiences. The higher efficiency, reduced size and cost-effectiveness
of compound semiconductor-based technologies can be a definitive marketplace
advantage.

Jeff Shepard, Darnell Group President said, "Sustained growth built on delivering
improved DC-DC converters depends on innovative solutions. Sarda is a good
example of a high tech company striving to deliver products that aim to meet
these emerging requirements. TriQuint's ability to deliver proven, high-volume
foundry services and direct experience manufacturing products for smartphones and
mobile PC's can enable Sarda's market plans and growth."

"TriQuint's foundry business enables Sarda to quickly and cost-effectively
develop a power semiconductor product line," said Bob Conner, Sarda's CEO and
Co-Founder. "Sarda employs TriQuint's proven high-volume manufacturing processes
to bring the performance advantages of compound semiconductors to cost-sensitive
power electronics applications."

For more information about TriQuint Foundry Services, including high-efficiency
and low-noise gallium arsenide (GaAs) processes and 0.25-micron gallium nitride
(GaN) on SiC services, visit the foundry online, or register to receive product
and foundry process updates and TriQuint's newsletter.

*Worldwide DC-DC Converter IC Forecasts: Applications, Amperages and Emerging
Designs; December 2011; Darnell Group market report.

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', 'exceptional', 'high efficiency', 'key role', 'leading supplier', 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)

FACTS ABOUT SARDA Sarda Technologies, Inc. is a fabless power semiconductor
company based in Durham, NC (USA). Sarda's products are used in DC-DC voltage
converters for portable, enterprise and consumer systems. Sarda's highly
efficient power semiconductors reduce power loss, increase system performance and
extend battery life while reducing system size, weight and cost.

SOURCE: TriQuint Semiconductor, Inc.

TriQuint Media Contact:
TriQuint Semiconductor, Inc.
Mark Andrews
Strategic Marketing Communications Manager
+1-407-884-3404
mark.andrews@tqs.com
or
TriQuint Foundry Services:
TriQuint Semiconductor, Inc.
Bryan Bothwell
Strategy and Business Development Manager,
+1-503-615-9375
bryan.bothwell@tqs.com
or
Sarda Technologies:
Sarda Technologies, Inc.
Bob Conner
CEO, Co-Founder
+1-919-757-6825
bconner@sardatech.com

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From: Captain Kana2/16/2012 6:15:22 PM
   of 995
 
So I bought some shares after reading about the Apple tie in. It climbed nicely up to earnings, and then took a little hit. Seems to have stabilized. Insider buying back in the fall. Any comments?

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To: Captain Kana who wrote (940)2/21/2012 4:03:17 AM
From: PLegee
   of 995
 
I'm struggling to get a handle on this company, I also bought into the stock based upon the AAPL supply connection. Though I realize an AAPL customer reliance can be a two edge sword, TNQT has a significant non-AAPL customer base as well. However, I can't seem to get a clear perspective yet as to where/how future innovation/customers can potentially expand future market share.

I believe recent price momentum continues along with the general market indices into summer. I will hold going into the next earnings report and continue to research in the interim. I do see this company's success being caught up in the draft of AAPL momentum, however, an identity that could prove to be rewarding short term as AAPL drives to $600.

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From: Savant2/21/2012 1:03:16 PM
   of 995
 
TriQuint Builds Momentum with Industry's Smallest Transmit Modules, Delivering
Design Flexibility for 2G / 3G / 4G Mobile Devices

HILLSBORO, Ore., Feb 21, 2012 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT), a leading RF solutions supplier and technology innovator, is building
market momentum with two QUANTUM Tx(TM) modules that are 40% smaller than the
previous generation. These transmit modules integrate TriQuint's new ultra-small
GSM core, and enable more flexibility for smartphones, feature phones and
low-cost voice-only phones.

"Design innovations have enabled cost and size breakthroughs without compromising
performance," said Shane Smith, Vice President of Global Marketing for Mobile
Devices. "Our 2G QUANTUM Tx(TM) module has already made significant inroads in
the GSM market. Our new 3G/4G QUANTUM Tx module pairs with our new TRITIUM
Duo(TM) family of dual-band PA-duplexer modules to create the industry's
smallest, high-performance RF solution for global 3G/4G wireless devices."

Some of the world's leading mobile handset manufacturers have selected TriQuint's
new QUANTUM Tx modules, including Samsung, Huawei and ZTE. TriQuint has seen
success with previous generations of its QUANTUM Tx modules; to date, more than
150 million units have shipped. "We expect to ship more than 100 million QUANTUM
Tx modules in the next 18 months alone, making it one of the highest volume
product lines in our factory," Smith said. TriQuint increased manufacturing
capacity by 40 percent in 2011 to support customer demand for its growing mobile
device portfolio.

Shipping in volume since mid-2011, TriQuint's 2G (GSM) QUANTUM Tx module,
TQM6M4068, offers phone designers full GaAs HBT performance and a small size to
enable flexible designs. At 5x6mm, the TQM6M4068 is the industry's smallest Tx
module and won "Best Product" in the 2011 EDN China Innovation Award program for
the communications and networks front-end category. Approved for MediaTek's
chipset reference design, the new product has been chosen for many new 2G phone
platforms. "Close to 1.5 billion GSM based phones will be produced this year,"
said Neil Shah, an analyst with research firm Strategy Analytics. "Virtually all
3G and 4G capable phones incorporate 2G access technology, and 2G remains the
dominant wireless communication technology in many areas of the world."

Shipping in volume since January 2012, TriQuint's TQM6M9069 QUANTUM Tx module
features the same small 5x6 mm footprint, making it the smallest 3G/4G transmit
module in the market. This new part simplifies mobile device design and showcases
TriQuint's strength in integration, since it includes a GSM/GPRS power amplifier
and WCDMA antenna switch. TriQuint plans to expand the QUANTUM Tx module family
in the months ahead with product solutions that incorporate additional switch
ports to support more frequency bands.

Technical Details

The QUANTUM Tx transmit modules implement proprietary TriQuint CuFlip(TM)
technology to replace wire bonds with copper bumps; this saves board real estate
and enables superior system performance by eliminating noise-radiating wires. The
copper bumps also dissipate heat better than traditional interconnect techniques.
The QUANTUM Tx modules offer improved system efficiency and full RF transmit
functionality in a compact size of only 30 mm.

New Family of TriQuint QUANTUM
Tx(TM) Modules
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Part #DescriptionBandsFeaturesSize
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TQM6M4068 Dual-band Tx Module with PA/LPF/SP4T Switch, Quad-Band Tx &GSM900/DCSHigh Efficiency Broadband Tx, 2 Rx Ports5 x 6 x 1 mm
Dual-Band Rxor
GSM850/PCS
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TQM6M9069 Dual-band Tx Module, including PA/LPF/SP6T WGPRS Switch withGSM900/DSCIntegrated Dual-Band GSM/GPRSA & 2 WCDMA Antenna Switch Ports5 x 6 x 1 mm
Dual-Band WCDMA Antenna Portsor
GSM850/PCS & 2 WCDMA/LTE Bands
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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', 'smallest',
'high efficiency', 'without compromising performance', 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)

Photos/Multimedia Gallery Available:
businesswire.com

SOURCE: TriQuint Semiconductor, Inc.

Media Contact:
TriQuint Semiconductor, Inc.
Brandi Frye
Director, Marketing Comms
+1.503.615.9488
brandi.frye@tqs.com

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From: Savant4/11/2012 4:26:13 PM
   of 995
 
TriQuint Announces Date for First Quarter 2012 Earnings Release

HILLSBORO, Ore., Apr 11, 2012 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT), a leading RF solutions supplier and technology innovator, will announce
its first quarter results on April 25, 2012 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 25, 2012
Time:2:00 p.m. (PDT)
Dial-in:888.813.6582 or 706.643.7082
Conference Call ID #:60103883

A webcast of the conference call will be available from the Investors section of
the Company's website at invest.triquint.com. A replay of the conference
call will be available through May 2, 2012. To access the replay, please dial
(855) 859-2056 and enter Conference ID # 60103883.

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?

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: Savant4/16/2012 9:42:21 AM
1 Recommendation   of 995
 
TriQuint Signs U.S. Army Agreement to Support GaN Device Development

TriQuint's Gallium Nitride Leadership in DARPA Programs Led to Beneficial Joint
Development Program with the ARL

HILLSBORO, Ore. & RICHARDSON, Texas, Apr 16, 2012 (BUSINESS WIRE) -- TriQuint
Semiconductor, Inc. (TQNT), a leading RF solutions supplier and technology
innovator, today announced that it has signed a Cooperative Research and
Development Agreement (CRADA) with the U.S. Army Research Laboratory (ARL) to
explore and fabricate new high-frequency and mixed signal integrated circuits
(ICs) based on TriQuint gallium nitride (GaN) technology. The CRADA is designed
to accelerate new programs supporting communications, radar, electronic warfare
and similar applications.

The CRADA will give Army researchers dedicated access to TriQuint's development,
fabrication and packaging expertise. Researchers from both TriQuint and the ARL
will benefit from the new co-development environment. Circuits created as part of
the initiative are expected to be based on TriQuint's new E/D
(enhancement-depletion mode) GaN technology.

The new agreement leverages technology TriQuint created through on-going R&Dprograms. This GaN process has been utilized in Defense Advanced Research
Projects Agency (DARPA) initiatives, including the Nitride Electronic
NeXt-Generation (NEXT) program that TriQuint now leads. Through NEXT, TriQuint
continues to establish benchmark performance standards for mixed-signal (digital
and RF) devices. TriQuint GaN achievements also led to its selection as a prime
contractor in the Microscale Power Conversion (MPC) program that is developing
ultra-fast, high power DC-DC switch modulator technology for advanced integrated
RF amplifiers. TriQuint's role in MPC was recognized by Compound Semiconductor
magazine on March 12 with a 2012 CS Industry Award.

"Creative partnerships through Cooperative Research and Development Agreements
encourage outside businesses and university organizations to share in the
discovery of and investment in technologies. In this case, ARL is leveraging
industrial fabrication capabilities allowing ARL to maximize its return on
investment," said John Miller, Army Research Laboratory Director. "These advanced
IC processes, coupled with ARL's design expertise, could lead to innovations and
advancements in both military and consumer applications in communications, radar
and electronic warfare."

"TriQuint's gallium nitride research leads the industry. This new CRADA is
another example of ways that our work in one program benefits other DoD agencies
and service branches. We will provide access to our extensive development
capabilities and the ARL will provide designs and test circuits in support of
their advanced programs," said James L. Klein, TriQuint Vice President and
General Manager for Defense Products and Foundry Services.

TriQuint's new agreement with the ARL is designed to stimulate high performance
monolithic microwave integrated circuit (MMIC) development. The ARL's design and
testing capabilities will be leveraged with TriQuint's MMIC fabrication, testing
and packaging expertise. Both TriQuint and ARL researchers will work towards
identifying circuits of mutual interest that have the potential to advance
state-of-the-art design programs.

TriQuint has been a pioneer in GaN development and research since 1999. TriQuint
currently leads multiple GaN process and manufacturing technology programs for
DARPA, the US Air Force, Army and Naval laboratories including the Defense
Production Act Title III manufacturing enhancement program. TriQuint has also led
two other DARPA programs that were part of the Wide Bandgap Semiconductor (WBGS)
RF research initiative.
TriQuint Gallium Nitride Product Innovation, Honors & Resources:
HeritageLeader in defense and commercial GaN research since 1999
----------------------------------------------------------------------------------------------------------
ResearchLeader in performance
and reliability GaN development
----------------------------------------------------------------------------------------------------------
University PartnersMassachusetts
Institute of Technology, University
of Notre Dame and University
of Colorado at Boulder
----------------------------------------------------------------------------------------------------------
The Global GaN ImpactStrategy Analytics recognizes TriQuint's GaN
R&D / GaN Product Innovation
----------------------------------------------------------------------------------------------------------
Active R&D programsDARPA
NEXT program for highly complex, high frequency GaN MMICs
----------------------------------------------------------------------------------------------------------
Defense Production Act (DPA) Title
III program for GaN on SiC; Radar and EW MMICs: Air Force and
Navy sponsors
-------------------------------------------------------------------------------------
DARPA Microscale
Power Conversion program to develop ultra-fast power switch
technology and integrate technology into next-generation amplifiers
-------------------------------------------------------------------------------------
DARPA Near Junction Thermal Transport (NJTT) GaN program to
increase circuit power handling capabilities through enhanced
thermal management
-------------------------------------------------------------------------------------
Recent Honors2011 'Compound Semiconductor' CS
Industry Award for DARPA NEXT; 2012 CS
Industry Award for DARPA MPC program
----------------------------------------------------------------------------------------------------------
GaN ProductsWide
selection of innovative GaN amplifiers, transistors and
switches
----------------------------------------------------------------------------------------------------------
GaN Foundry0.25-micron
GaN on SiC; 100mm wafers; DC-18 GHz applications
----------------------------------------------------------------------------------------------------------

For more information about TriQuint defense / aerospace products and foundry
services, including GaN-based amplifiers, transistors, high-power switches and
integrated assembly capabilities, visit us at triquint.com, or
register to receive product updates and TriQuint's newsletter.

FORWARD LOOKING STATEMENTS

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From: Savant4/27/2012 8:25:19 PM
   of 995
 
TriQuint Announces First Quarter 2012 Results

HILLSBORO, Ore., Apr 25, 2012 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT), a leading RF solutions supplier and technology innovator, announces its
financial results for the quarter ended March 31, 2012, including the following
highlights:

-- Revenues for the quarter were $216.7 million

-- GAAP net income for the quarter was $1.9 million, or $0.01 per diluted share

-- Non-GAAP net income for the quarter was $4.1 million, or $0.02 per diluted
share

-- Opened TriQuint International headquarters in Singapore, strengthening
customer relationships and supply chain efficiencies

-- Reached a significant milestone in production shipments of GaN products for
S-band radars

-- New Multi-mode and Quad-band PA modules now shipping in Samsung Galaxy SII and
Huawei Honor smartphones

Commenting on the results for the quarter ended March 31, 2012, Ralph Quinsey,
President and Chief Executive Officer, stated, "Our revenue was better than
normal seasonality in the first quarter and we saw signs of improvement in some
of our infrastructure markets. While we anticipate a challenging second quarter
in the mobile devices market, specifically with our largest customer, I believe
this dip will be temporary and remain confident about our long term position. We
have achieved design win success with our new products and I believe we will
return to normal revenue levels and growth in the second half of 2012."

Summary Financial Results for the Three Months Ended March 31, 2012:

Revenues for the first quarter of 2012 were $216.7 million, down 3% from the
first quarter of 2011 and down 5% sequentially. Networks market revenue grew 10%
sequentially while mobile devices market revenue and defense & aerospace market
revenue decreased 8% and 4%, respectively.

GAAP

Gross margin for the first quarter of 2012 was 28.9%, down sequentially from
29.5%.

Operating expenses for the first quarter of 2012 were $66.2 million, or 31% of
revenue, up from $61.6 million in the previous quarter partially due to an
increase in litigation expenses.

Net income for the first quarter of 2012 was $1.9 million or $0.01 per diluted
share, down from $4.3 million, or $0.03 per diluted share, in the previous
quarter. Included in net income was a gain on a previously impaired investment of
$7.0 million.

Cash and investments grew by $32.6 million to $194.9 million in the quarter due
primarily to improved working capital management and lower capital expenditures.

Non-GAAP

Gross margin for the first quarter was 30.4%, slightly down sequentially from
31.0%.

Operating expenses for the quarter were $61.4 million, or 28% of revenue, up from
$56.9 million in the prior quarter.

Net income for the first quarter of 2012 was $4.1 million, or $0.02 per diluted
share, down sequentially from $0.08 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 2012 revenues will be between $170 million
and $185 million and non-GAAP gross margin is expected to be between 27% and 29%.
Second quarter non-GAAP net loss per share is expected to be between $0.10 and
$0.15 due to weak revenue and higher litigation costs. The Company expects to
return to normal revenue levels in the second half of 2012. The Company is 91%
booked to the midpoint of revenue guidance.

As part of a planned transition in filter packaging technology and due to a
change in product mix, the Company plans to restructure its filter related
operations during the second quarter. The Company expects to record a GAAP
restructuring charge of between $12 and $14 million, consisting of a non-cash
charge for excess equipment of between $10 and $12 million and a cash charge for
the remainder that is primarily related to severance costs.

Additional Information Regarding March 31, 2012 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 2012Q4 2011ChangeQ1 2011Change
vs.vs.
Q4Q1
20112011
-------------------------------------------------------
Revenue$ 216.7$ 227.0(5)%$ 224.3(3)%
--- -------- --------------------- ------------------
Gross Profit$62.6$67.0(7)%$87.4(28)%
--- -------- --------------------- ------------------
Gross Margin %28.9 %29.5 %(0.6)%39.0 %(10.1)%
-----------------------------------------------------------------
Op (Loss) Income$(3.6)$5.4(167)%$20.3(118)%
--- ----- ------ --------------------- ------------------
Net Income$1.9$4.3(56)%$12.4(85)%
--- -------- --------------------- ------------------
Diluted EPS$0.01$0.03$ (0.02)$0.07$ (0.06)
--- -------- -------- ----- ------ -------- ----- ---
NON-GAAP RESULTS A
--------------------------------------------------------------------------------------------
Three Months Ended
--------------------------------------------------------------------------
Q1 2012Q4 2011ChangeQ1 2011Change
vs.vs.
Q4Q1
20112011
-------------------------------------------------------
Revenue$ 216.7$ 227.0(5)%$ 224.3(3)%
--- -------- --------------------- ------------------
Gross Profit$65.8$70.3(6)%$89.7(27)%
--- -------- --------------------- ------------------
Gross Margin %30.4 %31.0 %(0.6)%40.0 %(9.6)%
-----------------------------------------------------------------
Op Income$4.4$13.4(67)%$26.5(83)%
--- -------- --------------------- ------------------
Net Income$4.1$13.3(69)%$26.1(84)%
--- -------- --------------------- ------------------
Diluted EPS$0.02$0.08$ (0.06)$0.15$ (0.13)
--- -------- -------- ----- ------ -------- ----- ---
AExcludes stock based compensation charges, non-cash tax expense,
certain entries 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 and 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 60103883. The call can also be heard via webcast accessed
through the "Investors" section of TriQuint's web site at:
invest.triquint.com. A replay of the conference call will be available
until May 2, 2012.

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 (loss)
that exclude equity compensation expense, non-cash tax expense, certain entries
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 charges associated with
acquisitions reflect the amortization of intangible and tangible assets recorded
in connection with acquisition accounting and charged to the income statement.
The non-cash tax expense excludes 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 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, non-GAAP gross margin and net loss and our bookings to revenue;
TriQuint's factory utilization and product mix; customer design wins; expected
litigation charges; the impact of our investments in increased capacity; the
opportunity to be at the leading edge of RF solutions; growth in demand for
TriQuint's products; improvement in the networks market; RF content expansion in
smartphones; challenges and opportunities in the mobile devices market; expected
market growth; and restructuring TriQuint's filter related operations. These
forward-looking statements are statements of management's opinion and are subject
to various assumptions, risks, uncertainties and changes in circumstances. 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. More detailed information
about risk factors that may affect actual results are set forth 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)
March 31,December 31,
20122011
----------------------------
Assets
Current assets:
Cash and cash equivalents$146,085$116,305
Investments in marketable securities48,82246,006
Accounts receivable, net104,837129,103
Inventories145,507151,577
Prepaid expenses8,7607,051
Deferred tax assets, net11,85711,857
Other current assets45,67535,756
------------------
Total current assets511,543497,655
Property, plant and equipment, net461,843469,943
Goodwill3,3763,376
Intangible assets, net21,16922,732
Deferred tax assets - noncurrent, net48,95748,957
Other noncurrent assets, net13,47212,605
------------------
Total assets$ 1,060,360$ 1,055,268
==== =============== =========
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable$57,933$67,812
Accrued payroll29,69728,519
Other accrued liabilities13,2479,901
------------------
Total current liabilities100,877106,232
Long-term liabilities:
Long-term income tax liability1,736735
Other long-term liabilities10,83711,013
------------------
Total liabilities113,450117,980
Stockholders' equity:
Common stock166166
Additional paid-in capital686,151678,412
Accumulated other comprehensive income140140
Retained earnings260,453258,570
------------------
Total stockholders' equity946,910937,288
------------------
Total liabilities and stockholders' equity$ 1,060,360$ 1,055,268
==== =============== =========

TriQuint Semiconductor, Inc.
CONDENSED CONSOLIDATED
STATEMENTS OF INCOME
(Unaudited)
(In thousands,
except per share amounts)
Three Months Ended
---------------------------------------------------
March 31,December 31,April 2,
201220112011
----------------------------------------
Revenues$ 216,730$ 226,987$ 224,323
Cost of goods sold154,141159,948136,929
-------------------------------------
Gross profit62,58967,03987,394
Operating expenses:
Research, development and engineering37,07435,99236,476
Selling, general and administrative25,22223,36425,229
Litigation expense3,8642,2565,399
-------------------------------------
Total operating expenses66,16061,61267,104
Operating (loss) income(3,571)5,42720,290
Other income (expense):
Interest income4944104
Interest expense(350)(460)(387)
Foreign currency gain (loss)3616(56)
Gain/recovery of investment6,953495151
Other, net741823
-------------------------------------
Other income (expense), net6,762113(165)
Income before income tax3,1915,54020,125
Income tax expense1,3081,2327,686
-------------------------------------
Net income$1,883$4,308$12,439
=== =========== ========== =======
Per Share Data:
Basic per share net income$0.01$0.03$0.08
Diluted per share net income$0.01$0.03$0.07
Weighted-average shares outstanding:
Basic166,237165,711162,413
Diluted170,566168,753172,822

TriQuint Semiconductor, Inc.
CONDENSED CONSOLIDATED
STATEMENTS OF INCOME
(Unaudited)
(% of revenue)
Three Months Ended
--------------------------------------
March 31,December 31,April 2,
201220112011
------------------------------
Revenues100.0 %100.0 %100.0 %
Cost of goods sold71.1 %70.5 %61.0 %
----- ---------- ----------- ----
Gross profit28.9 %29.5 %39.0 %
Operating expenses:
Research, development and engineering17.1 %15.9 %16.3 %
Selling, general and administrative11.6 %10.3 %11.3 %
Litigation expense1.8 %0.9 %2.4 %
----- ---------- ----------- ----
Total operating expenses30.5 %27.1 %30.0 %
Operating (loss) income(1.6)%2.4 %9.0 %
Other income (expense):
Interest income0.0 %0.0 %0.1 %
Interest expense(0.2)%(0.2)%(0.2)%
Foreign currency gain (loss)0.0 %0.0 %(0.0)%
Gain/recovery of investment3.2 %0.2 %0.1 %
Other, net0.1 %0.0 %0.0 %
----- ---------- ----------- ----
Other income (expense), net3.1 %0.0 %(0.0)%
Income before income tax1.5 %2.4 %9.0 %
Income tax expense0.6 %0.5 %3.5 %
----- ---------- ----------- ----
Net income0.9 %1.9 %5.5 %
===== ========== =========== ====

TriQuint Semiconductor, Inc.
SUPPLEMENTAL RECONCILIATION
OF GAAP TO NON-GAAP RESULTS
(Unaudited)
(Dollars in
thousands, except per share amounts)
Three Months Ended
-----------------------------------------------------------------------
March 31, 2012December 31, 2011April 2, 2011
---------------------------------------------------
(% of revenues)(% of revenues)(% of revenues)
GAAP GROSS PROFIT$ 62,58928.9 %$ 67,03929.5 %$ 87,39439.0 %
Adjustment for stock based compensation charges2,1061.0 %2,2071.0 %1,2190.5 %
Adjustment for charges associated with acquisitions1,0950.5 %1,0790.5 %1,0650.5 %
--------------- ----------------- ----------------- --
NON-GAAP GROSS PROFIT$ 65,79030.4 %$ 70,32531.0 %$ 89,67840.0 %
GAAP OPERATING EXPENSES$ 66,16030.5 %$ 61,61227.1 %$ 67,10430.0 %
Adjustment for stock based compensation charges(4,591)(2.1)%(4,532)(2.0)%(3,686)(1.7)%
Adjustment for charges associated with acquisitions(202)(0.1)%(202)(0.1)%(216)(0.1)%
----------------- ------------------- ------------------- --
NON-GAAP OPERATING EXPENSES$ 61,36728.3 %$ 56,87825.0 %$ 63,20228.2 %
GAAP OPERATING INCOME$ (3,571)(1.6)%$5,4272.4 %$ 20,2909.0 %
Adjustment for stock based compensation charges6,6973.1 %6,7393.0 %4,9052.2 %
Adjustment for charges associated with acquisitions1,2970.6 %1,2810.6 %1,2810.6 %
--------------- ----------------- ----------------- --
NON-GAAP OPERATING INCOME$4,4232.1 %$ 13,4476.0 %$ 26,47611.8 %
GAAP NET INCOME$1,8830.9 %$4,3081.9 %$ 12,4395.5 %
Adjustment for stock based compensation charges6,6973.1 %6,7393.0 %4,9052.2 %
Adjustment for gain/recovery of investment(6,953)(3.2)%(495)(0.2)%(151)(0.1)%
Adjustment for non-cash tax expense1,1430.5 %1,3070.5 %7,6043.4 %
Adjustment for charges associated with acquisitions1,3230.6 %1,4020.6 %1,3210.6 %
--------------- ----------------- ----------------- --
NON-GAAP NET INCOME$4,0931.9 %$ 13,2615.8 %$ 26,11811.6 %
GAAP DILUTED EARNINGS PER SHARE$0.01$0.03$0.07
0.040.040.03
Adjustment for stock based compensation charges
(0.04)0.00(0.00)
Adjustment for gain/recovery of investment
0.000.000.04
Adjustment for non-cash tax expense
0.010.010.01
Adjustment for charges associated with acquisitions
------------------
NON-GAAP DILUTED EARNINGS PER SHARE$0.02$0.08$0.15

Our earnings release contains forward looking estimates of non-GAAP gross margin
and loss per share for the second quarter of 2012. 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 gross margin and loss per share to non-GAAP gross margin and loss per share
for the second quarter of 2012 based on the mid-point of guidance.

Forward Looking GAAP Gross Margin19.2 %
Adjustment for stock based compensation charges1.0 %
Adjustment for restructuring7.3 %
Adjustment for charges associated with acquisitions0.5 %
----- -
Forward Looking non-GAAP Gross Margin28.0 %
Forward Looking GAAP Loss per Share$ (0.28)
Adjustment for stock based compensation charges0.04
Adjustment for non-cash tax expense0.02
Adjustment for restructuring0.08
Adjustment for charges associated with acquisitions0.01
-----
Forward Looking non-GAAP Loss per Share$ (0.13)

SOURCE: TriQuint Semiconductor, Inc.

TriQuint Semiconductor, Inc.
VP of Finance & Administration, CFO
Steve Buhaly, +1-503-615-9401
steve.buhaly@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
brandi.frye@tqs.com

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From: Savant5/1/2012 11:25:07 AM
   of 995
 
TriQuint Wins New $12.3M GaN DARPA Contract to Develop Ultra-Fast Power Switch
Technology

TriQuint's Leadership Developing Highly-Advanced, Mixed-Signal Digital / RF GaN
Circuits Led to New Opportunity in MPC Program

HILLSBORO, Ore. & RICHARDSON, Texas, May 01, 2012 (BUSINESS WIRE) -- TriQuint
Semiconductor, Inc. (TQNT), a leading RF solutions supplier and technology
innovator, today announced that it has been selected by the Defense Advanced
Research Projects Agency (DARPA) to lead a $12.3 million development program
focused on ultra-fast gallium nitride (GaN) switch technology for the Microscale
Power Conversion (MPC) program. TriQuint's revolutionary new GaN modulator has
the potential to enable highly-efficient RF transmitters substantially smaller
than current solutions.

TriQuint was selected by DARPA as the prime contractor for MPC Technical Area I,
which seeks to develop a high-speed, DC-to-DC switch (modulator) and related
process technology based on the company's innovative enhancement-mode GaN
transistors. TriQuint's technology aims to improve the integration of power
switches with advanced RF amplifiers to facilitate ultra-high efficiency,
reduced-size amplifiers for radar and communications applications.

TriQuint has been a pioneer in GaN development and research since 1999. TriQuint
currently leads multiple GaN process and manufacturing technology initiatives for
DARPA including the Nitride Electronic NeXt-Generation Technology (NEXT) program
as well as endeavors for the US Air Force, Army and Naval laboratories.

TriQuint is already exploring and bringing derivative devices to market made
possible by milestones achieved in its many GaN programs. "The break-through
performance demonstrated in 'NEXT' has helped us develop new devices, like our
GaN power switches, that will open up additional radar and communications
applications. We can substantially improve performance in these types of
systems," said TriQuint Vice President and General Manager for Defense Products
and Foundry Services, James L. Klein. "This work is also leading to lower voltage
GaN-based products. We see many exciting opportunities to develop more advanced
RF amplifiers with integrated power switches."

The enhancement mode power switching device for the MPC program will be designed
to have a blocking voltage of 200 volts, ultra-low dynamic on resistance of 1
ohm-mm and a slew rate of 500 volts per nanosecond. These capabilities will
provide state-of-the-art solid-state technology. RF amplifiers employing these
switches will target 75% system efficiency at X-band (8-12 GHz).

TriQuint is teamed with Rockwell Collins, the University of Colorado at Boulder
and Northrop Grumman--Technical Area II contractors--to create a new generation
of RF power amplifiers that use contour modulation for very high efficiency
performance that exceeds the capabilities of devices now available. Design
approaches focusing on miniature system-in-a-package or monolithic integration to
combine TriQuint's switch / modulator with the power amplifier micro-system will
be given preference.

TriQuint Gallium Nitride Product Innovation, Honors & Resources:
HeritageLeader in defense and commercial GaN research since 1999
----------------------------------------------------------------------------------------------------------
ResearchLeader in performance
and reliability GaN development
----------------------------------------------------------------------------------------------------------
University PartnersMassachusetts
Institute of Technology, University
of Notre Dame and
University
of Colorado at Boulder
----------------------------------------------------------------------------------------------------------
The Global GaN ImpactStrategy Analytics recognizes TriQuint's GaN
R&D / GaN Product Innovation
----------------------------------------------------------------------------------------------------------
Active R&D programsDARPA
NEXT program for highly complex, high frequency GaN MMICs
----------------------------------------------------------------------------------------------------------
Defense Production Act (DPA) Title
III program for GaN on SiC; Radar and
EW MMICs: Air Force and Navy sponsors
-------------------------------------------------------------------------------------
DARPA Microscale
Power Conversion program to develop ultra-fast GaN power
switch technology that is integrated into next-generation
amplifiers
-------------------------------------------------------------------------------------
DARPA Near Junction Thermal Transport (NJTT) GaN program to
increase
circuit power handling capabilities through enhanced thermal
management
-------------------------------------------------------------------------------------
Army
Research Laboratory (ARL) Cooperative Research and Development
Agreement (CRADA) to jointly develop advanced GaN circuits
-------------------------------------------------------------------------------------
Recent Honors2011 'Compound Semiconductor' CS
Industry Award for DARPA NEXT;
2012 CS
Industry Award for DARPA MPC program
----------------------------------------------------------------------------------------------------------
GaN ProductsWide
selection of innovative GaN amplifiers, transistors and
switches
----------------------------------------------------------------------------------------------------------
GaN Foundry0.25-micron
GaN on SiC; 100mm wafers; DC-18 GHz applications
----------------------------------------------------------------------------------------------------------

For more information about TriQuint defense / aerospace products and foundry
services, including GaN-based amplifiers, transistors, high-power switches and
integrated assembly capabilities, visit us at triquint.com, or
register to receive product updates and TriQuint's newsletter.

FORWARD LOOKING STATEMENTS

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From: Savant5/4/2012 11:47:00 AM
   of 995
 
TriQuint Announces $50 Million Stock Repurchase Program

HILLSBORO, Ore., May 03, 2012 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc.
(TQNT), a leading RF solutions supplier and technology innovator, today announced
a program authorizing the repurchase of up to $50 million of the Company's common
stock through May 2, 2013.

Under this program, stock repurchases may be made from time to time in the open
market at prevailing market prices or through privately negotiated transactions
at the discretion of Company management. The timing of open market and privately
negotiated purchases will be dependent on market conditions and other corporate
considerations, including price, corporate and regulatory requirements and
alternative investment opportunities. The program is expected to be funded from
existing cash balances and cash generated from operations. The Company is not
obligated to repurchase any particular amount of common stock during any period
and may choose to suspend or discontinue the repurchase program at any time.

Shares of common stock repurchased by the Company through the repurchase program
will become authorized but unissued shares. As of May 3, 2012, the Company has
approximately 168.2 million shares of common stock outstanding.

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