Qorvo Inc.

11/11/2019 | Press release | Distributed by Public on 11/11/2019 12:19

Qorvo RF Fusion 5G Portfolio Wins 2019 WEAA Product of the Year Award

Recognition by ASPENCORE highlights Qorvo's success in high-volume solutions for mobile 5G

GREENSBORO, NC - November 11, 2019 - Qorvo® (Nasdaq: QRVO),a leading provider of innovative RF solutions that connect the world, today announced that the Qorvo RF Fusion™ 5G Portfolio has won the 2019 Product of the Year from ASPENCORE's World Electronics Achievement Awards (WEAA) in the RF/Wireless/Microwave category. The award recognizes Qorvo's unique offering that allows the world's leading smartphone manufacturers to quickly develop 5G handsets and mobile devices.

'This award recognizes Qorvo's global leadership in 5G and the fantastic work of our team of technologists, systems engineers and product developers, who are helping put the power of 5G smartphones into the world's hands,' said Eric Creviston, president of Qorvo Mobile Products. 'We're excited about the transformative impact 5G will have and are proud to play a key role in global 5G deployments.'

ASPENCORE'S World Electronics Achievement Awards honor companies and individuals who have made outstanding contributions to the innovation and the development of the electronics industry worldwide. ASPENCORE's unique collection of media properties includes EETimes, EDN and Electronic Products.

Qorvo's winning entry, the RF Fusion™ 5G Portfolio, utilizes Qorvo GaAs power amplifiers and BAW filters, and features highly integrated modules that include all the RF front-end functions required to support new and 're-farmed' 5G bands. The family includes Qorvo's QM78200 and QM78201, as well as other 5G solutions. The world's leading manufacturers have designed 5G handsets and mobile hotspots using Qorvo's technologies.

More information about Qorvo's RF Fusion solutions is available here. View the RF Fusion brochure here: RF Fusion™ Integrated Solutions: High-Performance 4G & 5G Mobile Devices.

Qorvo's high-performance RF solutions simplify design, reduce product footprint, conserve power, improve system performance and accelerate the adoption of carrier aggregation. Qorvo combines systems-level expertise, broad manufacturing scale, and the industry's most comprehensive product and technology portfolio to help leading manufacturers accelerate delivery of next-generation LTE, LTE-A, 5G and IoT products. Qorvo's core RF solutions set the standard for next-gen connectivity, with unmatched integration and performance at the heart of the connected world.

About Qorvo
Qorvo (Nasdaq:QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. to learn how Qorvo connects the world.

Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries.

This press release includes 'forward-looking statements' within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as 'may,' 'will,' 'should,' 'could,' 'expect,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'continue' and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. Qorvo's business is subject to numerous risks and uncertainties, including variability in operating results, the inability of certain of our customers or suppliers to access their traditional sources of credit, our industry's rapidly changing technology, our dependence on a few large customers for a substantial portion of our revenue, our ability to implement innovative technologies, our ability to bring new products to market and achieve design wins, the efficient and successful operation of our wafer fabrication facilities, assembly facilities and test and tape and reel facilities, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, variability in manufacturing yields, industry overcapacity and current macroeconomic conditions, inaccurate product forecasts and corresponding inventory and manufacturing costs, dependence on third parties and our ability to manage channel partners and customer relationships, our dependence on international sales and operations, our ability to attract and retain skilled personnel and develop leaders, the possibility that future acquisitions may dilute our shareholders' ownership and cause us to incur debt and assume contingent liabilities, fluctuations in the price of our common stock, additional claims of infringement on our intellectual property portfolio, lawsuits and claims relating to our products, security breaches and other similar disruptions compromising our information and exposing us to liability, the impact of stringent environmental regulations, and the impact of integrating the businesses of RFMD and TriQuint. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.