Quarterly Newsletter: TriQuint Integrated Modules Improve BTS Efficiency, Q3'10 Revenue Up 37% Over Q3'09, and 'Most Trustworthy Company'

Business News

TriQuint Q3'10 Revenue Up 37% Over Q3'09

TriQuint reported revenue for the third quarter of $237 million, up 37% from Q3'09. Net income was $110.9 million or $0.68 per diluted share GAAP, due to a reversal of a valuation allowance. Net income was $44.2 million or $0.27 per diluted share on a non-GAAP basis. We expect fourth quarter revenue will be between $245 and $255 million. Year-over-year revenue growth now expected to be about 33%. TriQuint believes it can grow revenue by about 20% in 2011, and anticipates the RF market will be strong for years to come.

Forbes 'Most Trustworthy Company' List

TriQuint has been named to the Forbes.com 'Most Trustworthy Companies' list for 2010. Forbes worked with Audit Integrity, an independent financial analytics company, to evaluate the financial data reported by companies and assess the true quality of corporate accounting and management practices. Learn more about the ranking by reading Forbes' story.

Did You Win the Challenge?
The TriQuint Take-Off Challenge has concluded its mission! The drawing for the final Amazon Kindle and the $3,500 grand prize gift card took place on October 21, 2010. The winners will soon be announced on our Challenge webpage.

Recap of EuMW 2010 Activities
At the recent EuMW (European Microwave Week) in Paris, TriQuint met with customers, partners, suppliers, journalists, and analysts. We announced a new foundry process, TQP15, released new base station integrated devices, presented several papers and had many great discussions about GaN. Our experts were interviewed by Microwaves and RF magazine on TQP15 and 0.25µm GaN foundry.

TriQuint Recognizes Top Suppliers for 2009
Congratulations to Ambit Microsystems, NTK Technologies, Inc., MBE Technology Pte Ltd., Vacuum Engineering & Materials Co., Inc., and Murata Electronics North America Inc., winners of TriQuint's Supplier Awards. The winners were announced during TriQuint's Supplier Day Conference, an annual briefing, networking and recognition event held for TriQuint's suppliers. The awards recognize overall performance to TriQuint including innovation, operational excellence, service levels, and industry leadership.

Revenue Milestone in China
On September 29, 2010, TriQuint hosted a press conference in Shenzhen for a cross section of financial and hi-tech media from China. During the press conference, TriQuint's President and CEO, Ralph Quinsey, announced TriQuint will achieve $150 million in revenue in China for 2010. Mr. Quinsey provided a strategic overview of the company, highlighted TriQuint's strong relationship with key Chinese customers including mobile device and base station vendors, and showcased 25 years of successful innovation.

TriQuint Ranked Among 'Best Places to Work'

TriQuint has been recognized by The Dallas Business Journal as one of 'The Best Places to Work' for 2010. Employee engagement, job satisfaction, community service and mission were all key factors for TriQuint ranking in the 'Large Companies' category. Congratulations to all of our hard-working employees! Thank you to The Dallas Business Journal for sponsoring the survey and event.

In the Media

TriQuint Sets PAE Record in GaN on Si Development

Compound Semiconductor's Richard Stevenson interviews TriQuint's D.C. Dumka, who reported in a recent issue of Electronics Letters that TriQuint had achieved a record 65% Power Added Efficiency (PAE) in on-going work developing Gallium Nitride on Silicon (GaN on Si) circuits. The new record is similar to recorded PAE levels achieved on TriQuint's fully-released GaN on Silicon Carbide (SiC) process. Read More...

TriQuint Begins Texas Factory Expansion

In response to growing demand for our communications semiconductors, TriQuint is boosting its headcount at our Richardson, TX factory by about 31 percent this year and plans to invest about $100 million in new equipment at the plant in the next five years. Much of the equipment will be operational in Q3 2011 when the company expands its GaAs capacity, and another 100 people will be hired. The Dallas Business Journal interviewed TriQuint Texas VP of Operations, Howard Witham. Read more....

Tech Talk

Download Recently Updated TriQuint Brochures
Get your copy of TriQuint's recently released GaN & GaAs RF Power Devices brochure which highlights the technologies' unique performance and application advantages. Also newly updated is TriQuint's CATV / FTTH brochure and EMEA Defense & Aerospace brochure.

Mobile Devices

Integration Paves the Way for Compact PA Modules

Microwaves & RF's Ashok Bindra has written an article highlighting how Power Amplifiers (PAs) and Power Amplifier Modules (PAMs) are being made smaller and with more functionality to meet the requirements of 3G / 4G multiband, multimode phones. TriQuint's Director of Marketing for Mobile Devices, Shane Smith outlines TriQuint's portfolio. Read More...

The Economics of Handset RF Front-End Integration

Microwave Journal's David Vye covered the trends and business dynamics of the RF Front-End for mobile devices in the magazine's September 2010 cover story.

TriQuint's CEO and President, Ralph Quinsey, shares his perspective.

Networks

Smartphones Push Need to Expand Backhaul Capacity

While smartphone sales continue to delight network operators, the broadband demands of these and other 3G / 4G devices have pushed backhaul capacity to critical levels. TriQuint's microwave / point-to-point radio portfolio can help network operators through new RF power amplifiers designed around the high linearity needs of 3G / 4G systems. TriQuint's new TGA2533-SM is a 12.5-15.5 GHz Ku-band device ideal for microwave radio and VSAT applications; the TGA4532-SM provides excellent linearity for 17.7-19.9 GHz - both offer surface mount convenience. Contact product marketing for details.

GaAs Devices Drive Auto Radar Success

TriQuint's 77 GHz chipset portfolio, used in a successful line of Delphi Automotive products, is now available for wide-ranging motion detection programs. Delphi has used the chipset in radar modules to enable adaptive cruise control systems that appeared first in 2010 model year cars. The portfolio (TS-16949 factory certified) can be used in a variety of designs. Contact product marketing for more information about TriQuint products for auto and non-vehicular motion detection.

Integrated Modules Improve BTS Efficiency

TriQuint showcased an extensive portfolio of integrated RF products for Base Transceiver Station (BTS) radios at the EuMW conference (September 28-30, Paris). TriQuint products reduce the size and complexity of RF circuitry by integrating functions into modules. This enables migration to smaller, more 'green' Remote Radio Head (RRH) base stations. Our newest module, the TQM879006, joins a series of new base station releases highlighted on TriQuint's new products webpage.

New Cable TV RFIC is Highly Flexible

TriQuint has released a new CATV RFIC that offers a degree of flexibility not found elsewhere. TriQuint's new TAT7457 offers a nominal 19dB of gain; however, with an off-chip feedback resistor, gain can be easily adjusted to meet home / premises network needs. With adjustable gain, low noise and low distortion the device offers better performance compared to typical amplifiers used in these systems. Contact product marketing for details.

Lowering Noise Extends Optical Link Budgets

TriQuint's latest Fiber to the Home (FTTH) and RF over Glass (RFoG) device, the TAT6254B, sets a new standard for lower noise in fiber systems. The new amplifier offers excellent Equivalent Input Noise (EIN) - just 3 pA/rtHz, which enables CATV network operators to extend optical systems very economically. The device is ideal for any QAM-dominated (digital) network. Contact product marketing for availability and sample requests.