Greensboro, NC, January 2, 2020 – Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today introduced a breakthrough IoT transceiver, the Qorvo QPG7015M, that enables simultaneous operation of all low-power, open-standard smart home technologies. In combination with Qorvo's patented antenna diversity and unique receiver design, the transceiver provides unmatched performance in range, interference robustness and energy consumption to greatly simplify IoT design.
Qorvo already is an established leader in delivering multi-protocol capabilities in the form of System-on-Chip (SoC) controller products. The QPG7015M transceiver is targeted at gateway IoT solutions that require full-range capability of Bluetooth® Low Energy, Zigbee and Thread protocols with +20dBm outputs. The gateway acts as the centerpiece of IoT systems in the home, enabling multiple applications, security and data through the central device where it resides. For example, IoT applications that support lighting, security, elder care and home control are enabled through this gateway.
Cees Links, GM, Qorvo's Wireless Connectivity business, said, "Our new transceiver is a big step forward in radio performance and its unique integration of multi-protocol support. This ensures that IoT designers don’t have to sacrifice device size and appearance to achieve protocol concurrency and high performance. We believe this capability is foundational to continued consumer enthusiasm for more connected devices in the smart home."
The QPG7015M transceiver features the unique Qorvo coexBoost™ capability. It provides best-in-class RF performance and enables 5x the range in high-duty-cycle Wi-Fi use cases, such as streaming to multiple 4K video clients. It also features a compact design that requires 2.5x less space and 4x fewer external components, speeding and simplifying the design of more attractive, futureproof IoT equipment for the home. In addition, a flexible and scalable Software Development Kit (SDK) allows full control and leverages host processor resources, enabling faster time-to-market.
The QPG7015M is sampling now, with production quantities available in Q2 2020.
Qorvo solutions that simplify the IoT's toughest tech challenges will be on display at CES®2020 (#CES2020) in Las Vegas, Jan. 7-10, Sands Expo #43109. More information about the company's Wi-Fi innovation can be found at https://www.qorvo.com/applications/internet-of-things
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. All other trademarks are the property of their respective owners.
Media Contact Wireless Connectivity:
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.