Leading Chinese Handset Manufacturers Shipping Phones Based On Skyworks'
RELATED SYMBOLS: (SWKS)
WOBURN, Mass., Feb 13, 2003 (BUSINESS WIRE) -- Skyworks Solutions Inc.
(Nasdaq:SWKS), the industry's leading wireless semiconductor company focused on
radio frequency (RF) and complete semiconductor system solutions for mobile
communications applications, today announced that two leading Chinese mobile
phone manufacturers have introduced new handset models based on Skyworks'
GSM/GPRS cellular system solution.
Available now in China, these new phones highlight advanced features such as
GPRS Class 8 Web browsing, dual LCD screens with 65K color internal displays, 40
tone polyphonic melodies and attractive clamshell designs.
GSM/GPRS is a key element of 2.5-generation (2.5G) wireless technology, a major
stepping-stone to third-generation (3G) wireless standards that deliver an
"always on," fast connection to packet-based voice, video and data services.
China represents the world's largest GSM market. According to EMC, a wireless
market research firm, the nation's subscriber base is expected to more than
double in the next four years, from 205 million at the end of 2002 to 437
million by 2006. Meanwhile, terminal sales are anticipated to increase from 93
million in 2002 to 149 million units in 2006.
"We are extremely pleased that our complete GSM/GPRS cellular system solution is
supporting two of China's largest domestic handset manufacturers and is serving
as the foundation from which they can develop numerous future wireless
platforms," said Murthy Renduchintala, Skyworks' vice president of cellular
systems.
"Based on their successful handset launches and current design activity, we
expect these two customers to represent more than $20 million in additional
Skyworks revenue this year. At the same time, these key relationships further
diversify our customer base and increase our penetration in China, the world's
most significant GSM/GPRS market."
About the GSM/GPRS Solution
Skyworks' cellular system solution includes all major ICs, a full protocol
stack, MMI, all necessary development tools and customer support required to
build a complete Internet-enabled GSM/GPRS handset.
The hardware portion of Skyworks' solution implements all digital and analog
baseband processing, multi-band/multi-slot power amplification, power
management, battery charging and transceiver functions.
The system incorporates Skyworks' industry-leading, low-power, direct conversion
transceiver, which eliminates the intermediate-frequency conversion steps of
earlier mobile handset solutions. Skyworks' protocol stack has been field
tested, qualified and approved in more than 50 countries, and by more than 70
GSM network providers worldwide.
About Skyworks
Skyworks Solutions Inc. is the industry's leading wireless semiconductor company
focused on RF and complete cellular system solutions for mobile communications
applications. The company began operations in June 2002, following the
completion of the merger between Alpha Industries, Inc. and Conexant Systems,
Inc.'s wireless communications business. Skyworks is focused on providing
front-end modules, RF subsystems and cellular systems to wireless handset and
infrastructure customers worldwide.
Skyworks is headquartered in Woburn, Mass., with executive offices in Irvine,
Calif. The company has design, engineering, manufacturing, marketing, sales and
service facilities throughout North America, Europe, Japan and Asia Pacific. For
more information please visit www.skyworksinc.com.
Safe Harbor Statement
This news release includes "forward-looking statements" intended to qualify for
the safe harbor from liability established by the Private Securities Litigation
Reform Act of 1995. These forward-looking statements include information
relating to future results of Skyworks (including certain projections and
business trends). All such statements are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
projected, and may affect our future operating results, financial position and
cash flows.
These risks and uncertainties include, but are not limited to: global economic
and market conditions, such as the cyclical nature of the semiconductor industry
and the markets addressed by the company's and its customers' products; demand
for and market acceptance of new and existing products; the ability to develop,
manufacture and market innovative products in a rapidly changing technological
environment; the ability to compete with products and prices in an intensely
competitive industry; product obsolescence; losses or curtailments of purchases
from key customers or the timing of customer inventory adjustments; the timing
of new product introductions; the availability and extent of utilization of raw
materials, critical manufacturing equipment and manufacturing capacity; pricing
pressures and other competitive factors; changes in product mix; fluctuations in
manufacturing yields; the ability to continue to grow and maintain an
intellectual property portfolio and obtain needed licenses from third parties;
the ability to attract and retain qualified personnel; labor relations of the
company, its customers and suppliers; economic, social and political conditions
in the countries in which Skyworks, its customers or its suppliers operate,
including security risks, possible disruptions in transportation networks and
fluctuations in foreign currency exchange rates; and the uncertainties of
litigation, as well as other risks and uncertainties, including but not limited
to those detailed from time to time in the company's Securities and Exchange
Commission filings.
These forward-looking statements are made only as of the date hereof, and the
company undertakes no obligation to update or revise the forward-looking
statements, whether as a result of new information, future events or otherwise.
Note to Editors: Skyworks and Skyworks Solutions are trademarks or registered
trademarks of Skyworks Solutions Inc. or its subsidiaries in the United States
and in other countries. All other brands and names listed are trademarks of
their respective companies.
CONTACT: Skyworks Solutions Inc.
Lisa Briggs (media relations), 949/231-4553
lisa.briggs@skyworksinc.com
or
Thomas Schiller (investor relations), 949/231-4700
(c) 2003 Business Wire. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.
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KEYWORD: MASSACHUSETTS
SUBJECT CODE: TELECOMMUNICATIONS
SOURCE:
Skyworks
Solutions
Inc.
(Wall Street)
AI
