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Re: eastunder post# 789

Wednesday, 03/07/2012 11:49:36 AM

Wednesday, March 07, 2012 11:49:36 AM

Post# of 985
TriQuint Semiconductor Opens International Headquarters in Singapore

Wednesday, March 07, 2012 08:45ET

Supports Growing Global Customers, Strengthens Operational Efficiencies

HILLSBORO, Ore. & SINGAPORE--(BUSINESS WIRE)-- TriQuint Semiconductor, Inc. (NASDAQ: TQNT), a leading global RF solutions supplier and technology innovator, today officially opened TriQuint International Pte Ltd, its new International Headquarters in Singapore. The facility will be the focal point for most international customers, suppliers and manufacturing partners.


(L to R) Mr. Chong Joon Woon, Director, Electronics Economic Development Board of Singapore, and Mr. Glen Riley, TriQuint Vice President and Managing Director, TriQuint International Pte. Ltd., Singapore, cut the ribbon on March 7, 2012, that officially opens TriQuint's International Headquarters in Changi Business Park, adjacent to Singapore's International airport. TriQuint's international headquarters will provide customer service and support for the company's many global manufacturing partners.

"Our business outside of the United States now contributes about 70 percent of the company's annual revenue," said Ralph Quinsey, President and CEO, TriQuint Semiconductor, Inc. "With Asia's appetite for new technologies, particularly in mobile devices, and government support of the latest communications infrastructure, we believe Asia will continue to offer great opportunities for business growth. It is with that long term view that we further globalize our business, in order to strengthen our relationships with international customers and drive greater efficiencies across our supply chain."

The new TriQuint International Headquarters is located at the Changi Business Park, close to Singapore's Changi International Airport. This new office will offer dedicated resources in a wide variety of areas ranging from customer service to supply chain management.

"We are pleased that TriQuint Semiconductor is establishing its International Headquarters in Singapore. The headquarters is testimony to Singapore's competitiveness as a preferred location for companies to gain supply chain efficiencies," said Mr. Chong Joon Woon, Director of the Electronics Economic Development Board of Singapore.

TriQuint has just completed its sixth consecutive year of record revenue, largely driven by the proliferation of smartphones, tablets and the emergence of 3G/4G broadband wireless. Customers in Asia drove a big part of this growth and manufacturing partners in Asia assembled and tested almost all of the high volume TriQuint-designed products sold into these applications.

"We have solid plans to grow our share in the mobile device and network communications markets in Asia and Europe. Singapore is a great location to recruit and develop experienced talent, given the number of multi-national semiconductor companies already located here," said Glen Riley, Vice President and Managing Director, TriQuint International Pte Ltd. "Over time we also plan to work on technology innovations and new product designs out of Singapore, through close collaboration with international customers."

http://www.knobias.com/story.htm?eid=3.1.575eee1e072e5c28f1a91677f2119fe7b173cfadf2314bd18f310d48bae313a2






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