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TriQuint Semiconductor Opens International Headquarters in Singapore

Dépèche transmise le 7 mars 2012 par Business Wire

TriQuint Semiconductor Opens International Headquarters in Singapore

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.

“Over time we also plan to work on technology innovations and new product designs out of Singapore, through close collaboration with international customers.”

“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.”

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’, ‘exceptional’, ‘high efficiency’, ‘key role’, ‘leading supplier’, 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. 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.

TriQuint: Connecting the Digital World to the Global Network^®

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