Qorvo CFO Steve Buhaly
Photo: Naim Hasan
GREENSBORO, N.C. and HILLSBORO, Ore. – May 1, 2015 – Qorvo, Inc. (NASDAQ: QRVO), a leading provider of RF solutions for mobile, infrastructure and aerospace/defense applications, today announced that it has been recognized by the Technology Association of Oregon (TAO) as winner of the 2015 Technology Company of the Year Award. Qorvo™ was presented the award, recognizing the Company in the Enterprise category, at TAO's annual awards ceremony held last night at the Portland Art Museum.
TAO's Technology Company of the Year Award in the Enterprise category honors large, established companies that are leaders in both their industry and Oregon's technology community. The award recognizes a variety of accomplishments over the past year, including success of new product introductions, community involvement, and impact on industry trends.
"This award is a tribute to the innovation and hard work of Qorvo's global team," said Qorvo President & CEO Bob Bruggeworth. "Qorvo is a trusted partner to many of the world's leading companies because of our technology and product leadership, so it is especially gratifying to be recognized in one of our key communities as the Technology Company of the Year."
TAO award winners represent the year's top Oregon and Southwest Washington-area technology companies and products in seven categories. TAO is a leader in the technology industry and broader business community. With an expanding network that extends beyond Oregon and SW Washington, TAO connects its members to thought leaders, executives, public officials, entrepreneurs, service providers and investors in the Pacific Northwest and beyond.
Oregon-based Qorvo VPs: Mike Laber, Sean Riley,
Steve Buhaly, Steve Grant, Brandi Frye
Photo: Naim Hasan
Qorvo (NASDAQ:QRVO) is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. Qorvo was formed following the merger of RFMD and TriQuint, and has more than 6,000 global employees dedicated to delivering solutions for everything that connects the world. Qorvo has the industry's broadest portfolio of products and core technologies; world-class ISO9001-, ISO 14001- and ISO/TS 16949-certified manufacturing facilities; and is a DoD-accredited 'Trusted Source' (Category 1A) for GaAs, GaN and BAW products and services. For the industry's leading core RF solutions, visit www.qorvo.com.
Qorvo Media Contact
Director of Corporate Communications
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 the integration of Qorvo. These and other risks and uncertainties, which are described in more detail in Qorvo's 8K and 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.