GREENSBORO, NC – November 20, 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.
Eric Creviston, president of Qorvo Mobile Products, said, "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. 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 enable 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.
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. Visit www.qorvo.com 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 U.S. federal securities laws. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results; our substantial dependence on developing new products and achieving design wins; our dependence on a few large customers for a substantial portion of our revenue; a loss of revenue if contracts with the United States government or defense and aerospace contractors are canceled or delayed or if defense spending is reduced; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs due to timing of customer forecasts; our inability to effectively manage or maintain evolving relationships with platform providers; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; our ability to implement innovative technologies; underutilization of manufacturing facilities as a result of industry overcapacity; we may not be able to borrow funds under our credit facility or secure future financing; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; volatility in the price of our common stock; damage to our reputation or brand; fluctuations in the amount and frequency of our stock repurchases; our acquisitions and other strategic investments, including our recent acquisitions of Active-Semi International, Inc. and Cavendish Kinetics Limited, could fail to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches and other similar disruptions compromising our information; theft, loss or misuse of personal data by or about our employees, customers or third parties; warranty claims, product recalls and product liability; and risks associated with environmental, health and safety regulations and climate change. 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.