Skyworks' CEO David J. Aldrich Named Ernst & Young New England Entrepreneur of the Year
Under Mr. Aldrich's direction, Skyworks has emerged as the industry's leading wireless semiconductor company focused on radio frequency (RF) and complete cellular system solutions for mobile communications applications. The company was created through the merger of Alpha Industries and Conexant Systems' wireless business in June 2002. Faced with significant operating losses at the time of the transaction, Skyworks has since completed a seamless merger integration, streamlined operations, gained market share, and achieved profitability. With the breadth and depth of its product portfolio, and engagements with virtually all leading cellular handset and infrastructure suppliers, today the company is well positioned to capture a disproportionate share of the wireless semiconductor market.
"I am extremely proud to accept this award on behalf of the entire Skyworks' team," said Aldrich. "Without the hard work and perseverance of all our employees, this honor would not be possible. We are well on our way to achieving our vision of becoming the premier supplier of wireless semiconductor solutions."
Now entering its 18th year, Ernst & Young Entrepreneur Of The Year® is the world's most prestigious business award for entrepreneurs. The award honors the most outstanding entrepreneurs who inspire others with their vision, leadership, and achievement.
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 provides front-end modules, RF subsystems and cellular systems to handset, WLAN and infrastructure customers.
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, China, Korea, Taiwan and India. 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). Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "believes," "plans," "may," "will," "continue," similar expressions, and variations or negatives of these words. All such statements are subject to certain risks and uncertainties that could cause actual results to differ materially and adversely 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 health and 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 is a trademark or registered trademark of Skyworks Solutions, Inc. or its subsidiaries in the U.S. and in other countries. All other brands and names listed are trademarks of their respective companies.
CONTACT:
Skyworks
Pilar Barrigas (media relations), 949-231-3061
pilar.barrigas@skyworksinc.com
or
Thomas Schiller (investor relations), 949-231-4700
SOURCE: Skyworks Solutions, Inc.