|By Business Wire||
|May 19, 2014 10:00 PM EDT||
TriQuint Semiconductor, Inc. (NASDAQ: TQNT), a leading RF solutions supplier and technology innovator, today announced the appointment of Upstar Technology as its new distributor in China for TriQuint high-performance mobile products.
“Upstar’s LTE focus and mobile-centric product line mesh well with TriQuint’s overall business strategy for China," said Todd DeBonis, TriQuint’s Vice President of Global Sales and Strategic Development. “Upstar will provide our customers better access to TriQuint’s innovative RF technology, and will help fuel our growth initiatives. Thanks to its strong sales and design support teams, Upstar has earned an excellent reputation for working closely with global partners and customers to address their unique requirements.”
Upstar Technology is one of the fastest growing providers of electronic components and solutions in China. "We’re delighted to represent TriQuint in China,” said Richard Lo, the acting General Manager of Upstar Technology. “TriQuint is a global leader in providing advanced, high-performance RF products that solve complex LTE system and chipset challenges. We look forward to partnering closely with TriQuint to deliver the benefits of its RF innovations to customers throughout our fast-growing region.”
China is the world’s largest wireless communications market, with explosive growth driven by rapid consumer adoption of mobile devices and accelerating build-outs of LTE networks. TriQuint has captured numerous design wins in China for leading smartphones and has also been selected for reference designs by multiple global and regional chipset partners.
Headquartered in Shenzhen with offices in Shanghai and Beijing, Upstar provides OEMs (Original Equipment Manufacturers), ODMs (Original Design Manufacturers) and EMS (Electronics Manufacturing Services) in China with a wide range of electronic components. With this new partnership, TriQuint's customers in China now have an expanded channel to access the industry's best performing RF solutions for mobile products. To contact Upstar Technology, please visit www.triquint.com/how-to-buy or http://www.upstartech.com/en/.
FORWARD LOOKING STATEMENTS
This TriQuint Semiconductor, Inc. (NASDAQ: TQNT) press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that forward-looking statements involve risks and uncertainties. The cautionary statements made in this press release should be read as being applicable to all related statements wherever they appear. Statements containing such words as ‘leading’, ‘high performance’, ‘best-in-class’ or similar terms are considered to contain uncertainty and are forward-looking statements. A number of factors affect TriQuint’s operating results and could cause its actual future results to differ materially from any results indicated in this press release or in any other forward-looking statements made by, or on behalf of, TriQuint including, but not limited to: those associated with the unpredictability and volatility of customer acceptance of and demand for our products and technologies, the ability of our production facilities and those of our vendors to meet demand, the ability of our production facilities and those of our vendors to produce products with yields sufficient to maintain profitability, as well as the other "Risk Factors" set forth in TriQuint's most recent 10-Q report filed with the Securities and Exchange Commission. This and other reports can be found on the SEC web site, www.sec.gov. A reader of this release should understand that these and other risks could cause actual results to differ materially from expectations expressed / implied in forward-looking statements.
FACTS ABOUT TRIQUINT
Founded in 1985, TriQuint Semiconductor (NASDAQ: TQNT) is a leading global provider of innovative RF solutions and foundry services for the world's top communications, defense and aerospace companies. People and organizations around the world need real-time, all-the-time connections; TriQuint products help reduce the cost and increase the performance of connected mobile devices and the networks that deliver critical voice, data and video communications. With the industry’s broadest technology portfolio, recognized R&D leadership, and expertise in high-volume manufacturing, TriQuint creates standard and custom products using gallium arsenide (GaAs), gallium nitride (GaN), surface acoustic wave (SAW) and bulk acoustic wave (BAW) technologies. TriQuint’s headquarters are located in Hillsboro, Oregon (USA), with international headquarters in Singapore. The company has ISO9001-certified manufacturing facilities in the U.S., production in Costa Rica, and design centers in North America and Germany. For more information, visit www.triquint.com.
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