Qorvo GM Roger Hall accepts award.
Qorvo team from left to right: Bror Peterson,
Brandi Frye, John Zipko, Harold Isom, Bill Sheddrick,
Roger Hall, Rob Kraft, Katie Caballero, Eli Reese.
RICHARDSON, Texas – August 24, 2015 – Qorvo™, Inc. (Nasdaq: QRVO), a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, was awarded for its achievements in corporate innovation on Friday, August 21 at the Tech Titans 15th Anniversary Gala. The Tech Titans Awards celebrate the achievements of cutting-edge leaders from more than 4,000 tech companies, and is organized by the Metroplex Technology Business Council (MTBC), the largest technology trade association in Texas. Qorvo received the Corporate Innovation award for its development of RF solutions and investment in the city of Richardson, Texas.
The Corporate Innovation award recognizes technology companies for outstanding innovation and unique accomplishments for breakthrough technology within the industry. MTBC's Tech Titan event, which was attended by technology leaders from across the industry, recognizes key influencers in North Texas that are impacting the technology and community through achievements that give their organization a competitive edge.
"Qorvo is driving RF innovation for mobile applications with our industry-leading Bulk Acoustic Wave (BAW) technology," said Howard Witham, vice president of Texas Operations at Qorvo. "The company is honored that the MTBC recognizes the positive impact that we are making in North Texas, as well as in the mobile technology sector."
Due to the demand for BAW filter technology, Qorvo is expanding its manufacturing facility in Richardson. The expansion will result in a major investment in the community, creating over 200 manufacturing and equipment technician jobs.
Qorvo's Richardson, Texas location is the headquarters for the company's Infrastructure and Defense Products group, and is a world class manufacturing facility for the building blocks of RF components including Gallium Nitride (GaN), Gallium Arsenide (GaAs), Surface Acoustic Wave (SAW) and Bulk Acoustic Wave (BAW), all of which help solve many of the challenges for defense and aerospace applications as well as wired and wireless connectivity. For more information regarding Qorvo's innovation in RF solutions for mobile, infrastructure and aerospace/defense applications, please visit: www.qorvo.com.
About Qorvo
Tech Titans
Award Trophy
Qorvo (NASDAQ:QRVO) is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. Qorvo was formed following the merger of RFMD and TriQuint, and has more than 6,000 global employees dedicated to delivering solutions for everything that connects the world. Qorvo has the industry's broadest portfolio of products and core technologies; world-class ISO9001-, ISO 14001- and ISO/TS 16949-certified manufacturing facilities; and is a DoD-accredited 'Trusted Source' (Category 1A) for GaAs, GaN and BAW products and services. For the industry's leading core RF solutions, visit www.qorvo.com.
Qorvo Media Contact
Katie Caballero
Marketing Communications Manager, IDP
Qorvo Infrastructure and Defense Products
+1-972-994-8546
katie.caballero@qorvo.com
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. Qorvo's business is subject to numerous risks and uncertainties, including variability in operating results, the inability of certain of our customers or suppliers to access their traditional sources of credit, our industry's rapidly changing technology, our dependence on a few large customers for a substantial portion of our revenue, our ability to implement innovative technologies, our ability to bring new products to market and achieve design wins, the efficient and successful operation of our wafer fabrication facilities, assembly facilities and test and tape and reel facilities, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, variability in manufacturing yields, industry overcapacity and current macroeconomic conditions, inaccurate product forecasts and corresponding inventory and manufacturing costs, dependence on third parties and our ability to manage channel partners and customer relationships, our dependence on international sales and operations, our ability to attract and retain skilled personnel and develop leaders, the possibility that future acquisitions may dilute our shareholders' ownership and cause us to incur debt and assume contingent liabilities, fluctuations in the price of our common stock, additional claims of infringement on our intellectual property portfolio, lawsuits and claims relating to our products, security breaches and other similar disruptions compromising our information and exposing us to liability, the impact of stringent environmental regulations, and the impact of the integration of Qorvo. These and other risks and uncertainties, which are described in more detail in Qorvo's 8K and other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.