TriQuint reported a solid first quarter of 2008 with revenues of $111.1 million.  Revenue was seasonally down, but TriQuint achieved better than expected earnings on strong gross margin performance.  The company discussed capacity expansions in Oregon and Costa Rica to support anticipated customer demand for new products.  (Post-earnings note:  On July 9, TriQuint announced slower than expected new product ramps and shipment timing issues will create lower than expected revenues for the second quarter.  The Q2 earnings release will be issued today at 1pm Pacific.  The July 9 news release did state that revenues between $150 million and $160 million are expected in the third quarter.)

On May 23 TriQuint announced the completion of its acquisition of WJ Communications, Inc. (NASDAQ: WJCI), a leading supplier of radio frequency (RF) solutions for wireless infrastructure.  Its devices complement TriQuint's existing portfolio, broadening the networks market product line while adding RF design expertise to TriQuint's global facilities through a Silicon Valley (USA) site.  Download the TriQuint/WJ Product Selection Guide.

A 27-year veteran of Intel Corp., Steven R. Grant joined TriQuint as vice president of worldwide operations.  Based in Hillsboro, Oregon, Mr. Grant's responsibilities include global manufacturing, purchasing, manufacturing quality and supply chain operations.  He most recently served as vice president of Intel's Technology and Manufacturing Group in Oregon. More info...

TriQuint met with customers, leading electronics industry media and analysts at the IMS MTT-S tradeshow to highlight the company's  RF power devices, total RF solution for wireless base stations and details of our highly linear, highly efficient HV-HBT technology.  TriQuint also previewed its RF power roadmap, including devices able to cover multiple octaves without sacrificing efficiency or linearity.  TriQuint's latest HV-HBT solutions can substantially reduce electrical consumption and shrink carbon footprints for base station operators.

 

In recognition of TriQuint's Cost, Quality, Delivery and Service Performance, ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, awarded TriQuint its 2007 Supplier of the Year Award.  ZTE utilizes multiple TriQuint products, including the highly integrated QUANTUM Tx Module™ family, in its mobile phone and base station applications.

 

TriQuint.com is getting a facelift.  View the Beta off our homepage top banner, and tell us how we did improving navigation, content and aesthetics.  We also recently revamped our Foundry Services brochure.  Download it today. 

 

The McDonald Report* discussed TriQuint's culture in a recent article about the WJ acquisition.  The author, JoAnn McDonald, notes "Beyond the technological synergy, this is the classic cultural fit."  The article went on to note:  "There's simply something about a company [TriQuint] that bases itself in sound leadership and corporate honesty and openness, especially one that partakes on a growth path that sticks to its core values and offerings and embarks on sensible gradual expansion that you just know it will survive, and eventually thrive."