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 TriQuint Turns 25!
As TriQuint reaches its silver anniversary, we're celebrating the RF engineers and scientists who have used GaAs and other unique technologies over the last 25 years to change the world. Join in the celebration by accepting the TriQuint Take-Off Challenge! You could be entered for a chance to win one of three Amazon Kindles or a $3,500 (USD) grand prize gift card. Take the challenge today...visit www.triquint.com/innovation. |
 First Quarter Revenue up 52% from Q1'09
TriQuint reported revenue for the first quarter of $180.8 million. Non-GAAP net income was $18.7 million or $0.12 per share. CEO Ralph Quinsey said, "These results are a healthy start to 2010, our 25th anniversary year. We are seeing a broad rebound in our networks market and continued strong smartphone demand. I see 2010 as another solid growth year for TriQuint." The Company believes second quarter revenue will be between $200 million and $210 million, up over 13% sequentially, and non-GAAP gross margin of about 40%. |
 ZTE 2009 Supplier of the Year
TriQuint was recognized by ZTE Corporation, a leading Chinese manufacturer of wireless communication system equipment, with "Supplier of the Year" accolades for the 3rd consecutive year. ZTE's Supplier Award recognizes cost, quality, delivery and service performance. TriQuint has experienced 70% compound annual growth with ZTE during the past three years. |
 RF Compound Semiconductor Industry Outlook Webinar
Earlier this week, Strategy Analytics examined the impact of 2008-2009 market dynamics on the GaAs and GaN industries by examining threats and opportunities from a technology and market perspective. The archived webinar, sponsored by TriQuint, considers the role of GaAs for wireless, consumer, automotive, defense and other market segments along with the emergence of GaN and its potentially significant leaps in terms of performance and capabilities. Listen to archive! |
| 2010 Outlook Presented at Investor and Analyst Day
If you missed this strategic overview webcast from New York, the audio has been archived and is accessible from the Events tab of TriQuint's investor website. CEO Ralph Quinsey updated Q1 2010 guidance, and several members of the executive team outlined TriQuint's market strategies and operational initiatives. |
 "One of Top 10 Most Popular Semiconductor Brands in China" by China Electronic News (CEN)
TriQuint received China Electronic News' "Most Popular Semiconductor Brand in China" award in recognition of our brand influence, sales revenue, product performance and service, as well as localization efforts in China during 2009. Award recipients were chosen by a combination of the CEN editorial team and the results of an online poll on CEN's website. |
 New & Expanded Product Selection Guide Now Available
Download TriQuint's latest Product Selection Guide (PSG) today. This newly updated PSG offers hundreds of advanced high-performance RF solutions for mobile device, 3G / 4G wireless base station, optical, CATV / FTTH, WLAN, GPS / PND, defense and aerospace markets. It includes new products and application block diagrams. Printed copies of the PSG are also available through area TriQuint Sales Representatives, or by contacting TriQuint.
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 Mobile Devices
Now Hiring Experienced Applications and Design Engineers!
Are you interested in designing the next-generation RF solutions for a wide range of mobile devices? TriQuint is hiring Applications and Design engineers for its fast-growing Mobile Devices division. Positions are available in a variety of locations including Boston, MA; Orlando, FL; Dallas, TX; Portland, OR and High Point, NC. Want to learn more? Connect with TriQuint. |
 Networks
New CATV Product Line Supports China's Broadband Growth
TriQuint's expanded line of TriAccess™ products supports China's '3 into 1' initiative for competitive, high-speed broadband convergence. TriQuint products increase efficiency and lower overall costs for Edge QAM / DOCSISŪ 3.0, FTTH & CATV infrastructure. "TriQuint devices have been shown to help manufacturers develop more efficient, 'green' products that use less power and simplify broadband connectivity," said Ting Xiong, TriQuint's Country Manager for China. Contact Product Marketing for details. |
TriQuint Offers 1st SMT 40 / 100 Gb/s Drivers
Full production has begun on TriQuint's new TGA4943-SL, the industry's first surface-mount 40 & 100 Gb/s optical network modulator driver. This new 'greener' amplifier uses half the power of legacy solutions - just 1.7 Watts. We're pleased to be supplying the first commercial 100G European system. TriQuint has also begun production of its newest 10 Gb/s modulator driver, the TGA4956-SM. "TriQuint SMT drivers are market-tested. Our 40 & 100 Gb/s solutions are enabling the future of high-speed broadband communications," said Brian P. Balut, TriQuint Vice President. Contact TriQuint Product Marketing for details. |
 Defense and Aerospace
Advanced GaN Research Presented at GOMACTech
TriQuint presented papers covering on-going Gallium Nitride R&D programs at the 2010 GOMACTech microcircuit applications conference in Reno, NV. TriQuint papers included findings through its involvement in DARPA's highly-advanced Nitride Electronic NeXt-Generation Technology (NEXT) GaN program. Additionally, TriQuint leads Phase III of DARPA's WBGS-RF GaN program. Product Marketing Director, Dr. Gailon Brehm, also addressed the Trusted Supplier Summit in support for microcircuit fabrication needs. Contact TriQuint Product Marketing for details. |
New GaN Device Highlighted in Analyst Report
TriQuint's new TGA2540-FL was highlighted in a recent Strategy Analytics report: 'GaN Microelectronics Market Update 2009-2014.' The analyst report characterizes key advantages of Gallium Nitride (GaN) circuits and notes TriQuint's significant role in the continuing evolution of high-power, high-frequency GaN and GaAs products. The TGA2540-FL was cited for its high-power, wideband performance for radio and other defense applications. Contact TriQuint Product Marketing for information. |
Innovative GaN Product Joins PowerBand™ Portfolio
TriQuint's new GaN PowerBand™ device, T1G6003028-SP, offers 25 Watts of output power and greater than 50% efficiency from 20 MHz to 6 GHz in defense and commercial applications. This new device provides the same advantages of the existing PowerBand™ family: high efficiency, high power, reduced electricity consumption and smaller BOMs, plus GaN's inherent ruggedness and power density benefits. Begin a PowerBand™ GaN discussion with TriQuint today. |
 Foundry
Learn About Latest Process Technology
MTT is just around the corner, May 23-28 in Anaheim, CA. Be sure to stop by our tradeshow booth (#1724) and talk to our foundry marketing team about the latest advances in our optical pHEMT and GaN process technologies. Contact our tradeshow manager to schedule a meeting time. |
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IEEE MTT-S
May 23-28, 2010
Anaheim, CA
TriQuint will be exhibiting at Booth 1724. TriQuint's experts will be presenting papers and participating on panel discussions. Join us at any or all of the below presentations:
Monday, May 24, 1:20pm PDT: RFIC Technical session "Advanced Device Technologies & Design Techniques," participation by Eli Reese
Wednesday, May 26, 12:00 - 1:10pm PDT: Panel discussion "Semiconductor Technology Impact on Microwave and Millimeter Wave Markets," participation by Mike Peters
Thursday, May 27, between 10:00am and 12:00pm PDT: IMS Technical Paper "Wideband Power Amplifier MMICs Utilizing GaN on SiC," participation by Eli Reese, presentation by Tuong Nguyen
Thursday, May 27, 12:50pm PDT: MicroApps session "60 GHz Power Amplifier Design for Wireless HDMI (WPAN)," co-presented by Ken Mays
Friday, May 28, 8:00am PDT: Workshop "The Expanding Role of GaN in RF Systems," participation by Eli Reese
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Investor Events
TriQuint Annual Shareholder Meeting
May 13, 2010
4:00pm PDT
TriQuint Headquarters
Hillsboro, OR
Barclays Capital Global Communications, Media & Technology Conference
May 26, 2010
New York, NY
Presenter: Ralph Quinsey, President & CEO
2010 Craig-Hallum Institutional Investor Conference
June 2, 2010
Radisson Plaza Hotel
Minneapolis, MN
Presenter: Steve Buhaly, Chief Financial Officer
DA Davidson Conference
June 2, 2010
Grand Hyatt at Central Station
New York, NY
Presenter: Ralph Quinsey, President & CEO |
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Contacts
US
+1.503.615.9000
EUROPE
+49.89.99628.2600
CHINA
+86.21.5011.7290
JAPAN
+81.03.5549.7105
TAIWAN
+866.2.2758.3066
KOREA
+82.31.788.7231
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*This newsletter contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding the anticipated demand in the handset and defense markets and recovery in the health of the networks market, TriQuint's anticipated net income/(loss) and revenues, anticipated operating expenses, increases in factory utilization, the outcome of certain legal proceedings, expected non-GAAP net income and the correlation between bookings and revenues. Actual results may vary materially from those expressed or implied in the statements herein or from historical results, due to changes in economic, business, competitive, technological and/or regulatory factors, including TriQuint's performance; demand for TriQuint's products; ability to develop new products, improve yields, maintain product pricing and reduce costs; ability to win customers, increase our market share and continue to provide expected levels of inventory to customers; inventory levels in our markets and market conditions. Additional considerations and important risk factors are described in TriQuint's reports on Form 10-K and 10-Q and other filings with the Securities and Exchange Commission. These reports can be accessed at the SEC web site, www.sec.gov. Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements. A reader of this release should understand that it is not possible to predict or identify all risk factors and should not consider the list to be a complete statement of all potential risks and uncertainties. | |
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