Connect the Digital World to the Global Network
HILLSBORO, Ore. (PRWEB) October 11, 2007
The new Strategy Analytics report summarizing 2006 states that "TriQuint is the largest supplier of GaAs foundry services and has a wide range of processes that can cater to both high volume and high value services. TriQuint is also one of the largest suppliers to the military markets... We believe that TriQuint will continue to be the world's largest GaAs foundry in 2007."
Glen Riley, Vice President of Commercial Foundry for TriQuint, explained that "TriQuint's broad selection of GaAs foundry technologies are not only cost effective in volume production, but also offer a lower design cost than silicon, making them an ideal technology choice for both established semiconductor companies and cash strapped start-ups. A $30,000 GaAs mask set (tooling) is a lot easier on company budgets than a $1 million plus sub-micron silicon mask set." Mr. Riley noted that TriQuint is investigating opportunities for GaAs technologies in several new and emerging markets such as mobile satellite TV.
Asif Anwar, Director of Strategy Analytics' GaAs service, remarked that "Foundry services are an integral component of TriQuint's success. The company is well positioned to defend its number one position against pure-play foundry competitors with a strong heritage recognized by both commercial and military customers."
For the past 23 years, TriQuint has built a reputation as a trusted GaAs foundry supplier, protecting its customers' intellectual property (IP) and providing outstanding design support. It offers its customers comprehensive application and design toolkits, failure analysis assistance, and other training and support to help ensure the customer's application success is achieved. TriQuint's GaAs foundry experts also deliver world class reliability and manufacturing support. It has continued to innovate, and its portfolio includes processes such as pHEMT, HBT, BiHEMT, and GaN, offered across three facilities in North America.
TriQuint was also recognized as one of three market leaders in the world's top ten GaAs device manufacturers report by Strategy Analytics in July 2007. As described in the report, "TriQuint's diverse product portfolio and expertise allows the company to balance cyclical high volume markets with demand for its products in high value applications in wireless infrastructure, space and defense applications."
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FORWARD LOOKING STATEMENTS
This TriQuint Semiconductor, Inc. (Nasdaq: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. Such statements 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 product 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, http://www.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 STRATEGY ANALYTICS
Strategy Analytics, Inc. - a global research and consulting firm - provides timely insights and strategic business solutions to companies operating at the convergence of information, communications and entertainment technologies. With worldwide headquarters in Boston, MA, and principal offices in England, France and Germany, Strategy Analytics focuses on market opportunities and challenges in the areas of Automotive Electronics & Multimedia, Digital Consumer, Wireless Strategies and Enabling Technologies. For more information, see http://www.strategyanalytics.com.
FACTS ABOUT TRIQUINT
Founded in 1985, we "Connect the Digital World to the Global Network"(TM) by supplying high-performance RF modules, components and foundry services to the world's leading communications companies. Specifically, TriQuint ships components for four out of the top five cellular handset manufacturers, and is a leading gallium arsenide (GaAs) supplier to major defense and space contractors. TriQuint creates standard and custom products using advanced processes that include gallium arsenide, surface acoustic wave (SAW) and bulk acoustic wave (BAW) technologies to serve diverse markets including wireless handsets, base stations, broadband communications and military. We also have extensive developments in gallium nitride (GaN). TriQuint, as named by Strategy Analytics in August 2007, is the #3 worldwide leader in GaAs devices and the world's largest commercial GaAs foundry. TriQuint has ISO9001 certified manufacturing facilities in Oregon, Texas, and Florida and a production plant in Costa Rica; design centers are located in North America and Germany. Visit TriQuint at http://www.triquint.com/rf to register for our newsletters.