SHENZHEN, China – November 16, 2016 – Qorvo® (NASDAQ: QRVO), a leading provider of innovative RF solutions that connect the world, announced today that it has been awarded Huawei’s Best Collaboration Partner Award and Core Partner Award. The awards were accepted by Bob Bruggeworth, president and CEO of Qorvo, during a formal ceremony at Huawei’s headquarters in Shenzhen, recognizing Qorvo’s contribution as an outstanding supplier of RF solutions to Huawei.
The awards highlight Qorvo’s competitive strengths in supply chain execution and technology collaboration, along with outstanding local service and support. Qorvo supplies Huawei with multiple innovative RF solutions, including RF Fusion™, RF Flex™, highly integrated power amplifiers, antenna tuners, premium filters, and mobile Wi-Fi solutions, across Huawei’s most popular flagship and mid-tier smartphones. Qorvo provides broad support for Huawei’s expanding mobile device portfolio and also supplies an extensive selection of high performance components for Huawei's wireless infrastructure and cellular backhaul business.
Bob Bruggeworth, president and CEO of Qorvo, said, "The entire Qorvo team is deeply gratified to receive Huawei’s Best Collaboration Partner Award and Core Partner Award. Huawei is an important longstanding customer for Qorvo. We are excited to provide Huawei the industry’s most advanced and highly integrated RF solutions to contribute to their continued global growth and success."
Qorvo’s high-performance RF solutions simplify design, reduce product footprint, conserve power, improve system performance and accelerate the adoption of carrier aggregation. Qorvo combines systems-level expertise, broad manufacturing scale, and the industry’s most comprehensive product and technology portfolio to help leading manufacturers accelerate the delivery of next-generation LTE, LTE-A, and IoT products. Qorvo's core RF solutions set the standard for next-gen connectivity, delivering unmatched integration and performance at the heart of the connected world.
About Qorvo
Qorvo (NASDAQ:QRVO) makes a better world possible by providing innovative RF solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We also leverage our unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.
Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries.
| Investor Relations Contact: Doug DeLieto VP, Investor Relations +1-336-678-7088 |
Media Contact: Abhiroop Dutta Strategic Marketing Manager, Mobile abhiroop.dutta@qorvo.com +1 336-678-8074 |
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 integrating the businesses of RFMD and TriQuint. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in 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.