Skyworks Receives Best Vendor and Outstanding Delivery Awards from ZTE
Supports Global Launch of China's First 4G LTE Smartphone
WOBURN, Mass.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (NAS: SWKS) , an innovator of high performance analog semiconductors enabling a broad range of end markets, today announced that it has received the Best Vendor and Outstanding Delivery Awards from ZTE for supporting their growing RF business without a single part shortage in the last three years. Skyworks is now ZTE's leading front-end solution supplier and has supported several major product launches.
ZTE, a leading global provider of telecommunications equipment and network solutions, utilizes a variety of Skyworks' products including WCDMA/LTE and EDGE front-end solutions for USB modems, data cards, TD-SCDMA and CDMA products for handsets, as well as antenna switch modules for several smartphone platforms. ZTE also leverages multiple custom high performance analog solutions from Skyworks for wireless networking and infrastructure applications.
Skyworks is also supporting the launch of ZTE's Grand X LTE smartphone with a multimode, multiband front-end solution. With this device, ZTE is the first mainland China vendor to introduce a 4G LTE mobile handset. ZTE plans to roll out a faster and more energy-efficient device in Asia Pacific later this year - further advancing their position in the global mid to high-end smartphone market. ZTE also offers a full series of 4G/LTE terminal products including tablet personal computers, pocket WiFi hotspots, modem and broadband customer premise equipment.
"Congratulations once again to the Skyworks team for their support and flexibility in meeting our needs in this demanding and dynamic mobile phone industry," said management at ZTE. "With Skyworks support, we have been able to connect our customers in 140 countries via voice, data, multimedia and wireless networking solutions."
"Skyworks is delighted to add these two new honors to our 2011 Global Partnership Award from ZTE," said Bradley C. Byk, senior vice president of worldwide sales at Skyworks. "We are proud to be part of ZTE's success and are committed to meeting our customers' needs with the highest quality solutions."
ZTE Corporation is a leading global provider of telecommunications equipment and network solutions. Founded in 1985, it is China's largest listed telecoms equipment company. Listed as an A-share company on the Shenzhen Stock Exchange since 1997, the company was also listed on the Main Board of the Stock Exchange in Hong Kong in 2004, becoming the first Chinese company to hold both A and H shares.
Skyworks Solutions, Inc. is an innovator of high performance analog semiconductors. Leveraging core technologies, Skyworks supports automotive, broadband, cellular infrastructure, energy management, GPS, industrial, medical, military, wireless networking, smartphone and tablet applications. The Company's portfolio includes amplifiers, attenuators, circulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure RF subsystems, isolators, lighting and display solutions, mixers/demodulators, optocouplers, optoisolators, phase shifters, PLLs/synthesizers/VCOs, power dividers/combiners, power management devices, receivers, switches and technical ceramics.
Headquartered in Woburn, Mass., Skyworks is worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. For more information, please visit Skyworks' Web site at: www.skyworksinc.com
Safe Harbor Statement
This news release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation information relating to future results and expectations of Skyworks (including without limitation certain projections and business trends). Forward-looking statements can often be identified by words such as "anticipates," "expects," "forecasts," "intends," "believes," "plans," "may," "will," or "continue," and similar expressions and variations or negatives of these words. All such statements are subject to certain risks, uncertainties and other important factors that could cause actual results to differ materially and adversely from those projected, and may affect our future operating results, financial position and cash flows.
These risks, uncertainties and other important factors include, but are not limited to: uncertainty regarding global economic and financial market conditions; the susceptibility of the wireless semiconductor industry and the markets addressed by our, and our customers', products to economic downturns; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; losses or curtailments of purchases or payments from key customers, or the timing of customer inventory adjustments; the availability and pricing of third party semiconductor foundry, assembly and test capacity, raw materials and supplier components; changes in laws, regulations and/or policies in the United States that could adversely affect financial markets and our ability to raise capital; our ability to develop, manufacture and market innovative products in a highly price competitive and rapidly changing technological environment; whether we are able to successfully integrate Advanced Analogic Technologies' operations; economic, social and political conditions in the countries in which we, our customers or our suppliers operate, including security and health risks, possible disruptions in transportation networks and fluctuations in foreign currency exchange rates; fluctuations in our manufacturing yields due to our complex and specialized manufacturing processes; delays or disruptions in production due to equipment maintenance, repairs and/or upgrades; our reliance on several key customers for a large percentage of our sales; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; our ability to timely and accurately predict market requirements and evolving industry standards, and to identify opportunities in new markets; uncertainties of litigation, including potential disputes over intellectual property infringement and rights, as well as payments related to the licensing and/or sale of such rights; our ability to rapidly develop new products and avoid product obsolescence; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans; lengthy product development cycles that impact the timing of new product introductions; unfavorable changes in product mix; the quality of our products and any remediation costs; shorter than expected product life cycles; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; and our ability to continue to grow and maintain an intellectual property portfolio and obtain needed licenses from third parties, as well as other risks and uncertainties, including, but not limited to, those detailed from time to time in our filings with the Securities and Exchange Commission.
These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Note to Editors: Skyworks and Skyworks Solutions are trademarks or registered trademarks of Skyworks Solutions, Inc. or its subsidiaries in the United States and in other countries. All other brands and names listed are trademarks of their respective companies.
Skyworks Media Relations:
Pilar Barrigas, 949-231-3061
Skyworks Investor Relations:
Stephen Ferranti, 781-376-3056
KEYWORDS: United States Asia Pacific North America China Massachusetts
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