Greensboro, NC, March 30, 2022 – Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced it is expanding its workforce by 100 positions across three French locations: Toulouse, Paris and Sophia Antipolis. Qorvo seeks local talent to help meet growing global demand and maintain its leading position in Ultra-Wideband (UWB) technology. A grand opening celebration is planned for March 31, 2022 for a new office in Toulouse to spearhead an expansion of talent that will work in marketing, applications, system engineering, software and emerging UWB location and communication standards.
“The Occitanie region is delighted with the expansion of Qorvo in Toulouse, a leading company in Ultra-Wideband technology,” said Thierry Cotelle, Regional Councillor of the Occitanie region. “This success reflects the dynamism and attractiveness of the Occitanie ecosystem in terms of innovation and talent.”
“We’re excited to be working with local talent to build this new business,” said Qorvo’s Eric Creviston, President, Mobile Products. “This was a key factor for choosing these locations. New team members will work on some of the most advanced UWB products and applications such as Mobile, AR/VR, indoor navigation, radar and security. We will expand teams across all key functions, from advanced innovation to IC design and embedded software. Our Toulouse and Sophia Antipolis locations will be supported by our UWB software team in Paris, offering an exciting opportunity for software developers who will develop cutting-edge products.”
As the UWB market grows, Qorvo continues to expand its presence in Europe and advance this next wave of wireless technology. UWB’s ultra-precise distance/location capabilities add contextual awareness to connected Mobile devices. Qorvo’s Ultra-Wideband solutions enable seamless experiences and make automotive, smartphone and consumer and industrial IoT applications simple, smart and more secure.
Qorvo (Nasdaq: QRVO) makes a better world possible by providing innovative 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 our 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 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.