Skyworks Commences Volume Shipments of Analog Control ICs to Siemens Healthcare
WOBURN, Mass., Nov 30, 2011 (BUSINESS WIRE) --
Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high reliability analog and mixed signal semiconductors enabling a broad range of end markets, today announced that it has begun volume shipments of analog control switches to Siemens Healthcare for their state-of-the-art MAGNETOM magnetic resonance imaging (MRI) scanners. Skyworks' devices allow Siemens to manufacture scanning equipment that is 50 percent more productive and easier for medical technicians to maneuver. The switches deliver low insertion loss, positive voltage operation and very low direct current power consumption - - - all critical elements for magnetic resonance imaging. Each scanner requires hundreds of switches.
Skyworks' portfolio of low noise amplifiers, Schottky and varactor diodes, attenuators and multi-throw switches are also supporting other wireless medical applications including blood sugar and heart monitors, pacemakers, and patient telemetry devices.
According to Nerac, a research and advisory firm, the number and variety of wireless medical devices is growing rapidly, driven by the expansion of wireless communication technology and the medical needs of an aging population. Wireless medical devices that monitor patients range from defibrillators to infusion pumps. According to Nerac's "Wireless Medical Devices: Security Issues, Market Opportunities and Growth Trends" article, by 2020 at least 160 million Americans alone will be monitored and treated remotely for at least one chronic condition. The market for such remote monitoring of patients is forecast to reach $5.1 billion by 2013 up from $3.6 billion in 2007.
"Skyworks is delighted to be partnering with Siemens to help enable state-of-the-art imaging for medical applications," said Liam K. Griffin, executive vice president and general manager of high performance analog. "At a higher level, this design win is yet another example of how Skyworks' analog portfolio is gaining traction across a wide array of end markets, demonstrating Skyworks' success in diversifying into highly profitable, adjacent segments."
About Skyworks' Product Portfolio Supporting Medical Applications
- SKY13267-321LF - a GaAs T/R diversity switch
- SKY13268-344LF - a GaAs SPDT switch
- SKY14151-350LF-a high-power SP4T switch with decoder
- SKY67014-396LF - a 1.5 - 3.0 GHz low power, active bias LNA
- SKY12348-350LF - a GaAs IC 4-bit digital attenuator
- SMV1233, SMV1236 and SMV1237 Series - hyperabrupt junction tuning varactors for discrete devices
- SMV1763-079LF - a silicon hyperabrupt junction varactor diode for 3 V platforms
About Skyworks
Skyworks Solutions, Inc. is an innovator of high reliability analog and mixed signal semiconductors. Leveraging core technologies, Skyworks offers diverse standard and custom linear products supporting automotive, broadband, cellular infrastructure, energy management, industrial, medical, military and mobile handset applications. The Company's portfolio includes amplifiers, attenuators, circulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure RF subsystems, isolators, mixers/demodulators, optocouplers, optoisolators, phase shifters, PLLs/synthesizers/VCOs, power dividers/combiners, receivers, switches and technical ceramics.
Headquartered in Woburn, Mass., Skyworks is worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. For more information, please visit Skyworks' Web site at: 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 without limitation information relating to future results and expectations of Skyworks (including without limitation certain projections and business trends). Forward-looking statements can often be identified by words such as "anticipates," "expects," "forecasts," "intends," "believes," "plans," "may," "will," or "continue," and similar expressions and variations or negatives of these words. All such statements are subject to certain risks, uncertainties and other important factors 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, uncertainties and other important factors include, but are not limited to: whether, as a result of the outcome of an arbitration proceeding in Delaware chancery court scheduled for the end of November 2011, we are required to close the acquisition of Advanced Analogic Technologies; whether we are able to successfully integrate Advanced Analogic Technologies' operations if we are required to close such acquisition; uncertainty regarding global economic and financial market conditions; the susceptibility of the wireless semiconductor industry and the markets addressed by our, and our customers', products to economic downturns; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; losses or curtailments of purchases or payments from key customers, or the timing of customer inventory adjustments; the availability and pricing of third party semiconductor foundry, assembly and test capacity, raw materials and supplier components; changes in laws, regulations and/or policies in the United States that could adversely affect financial markets and our ability to raise capital; our ability to develop, manufacture and market innovative products in a highly price competitive and rapidly changing technological environment; economic, social and political conditions in the countries in which we, our customers or our suppliers operate, including security and health risks, possible disruptions in transportation networks and fluctuations in foreign currency exchange rates; fluctuations in our manufacturing yields due to our complex and specialized manufacturing processes; delays or disruptions in production due to equipment maintenance, repairs and/or upgrades; our reliance on several key customers for a large percentage of our sales; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; our ability to timely and accurately predict market requirements and evolving industry standards, and to identify opportunities in new markets; uncertainties of litigation, including potential disputes over intellectual property infringement and rights, as well as payments related to the licensing and/or sale of such rights; our ability to rapidly develop new products and avoid product obsolescence; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans; lengthy product development cycles that impact the timing of new product introductions; unfavorable changes in product mix; the quality of our products and any remediation costs; shorter than expected product life cycles; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; and our ability to continue to grow and maintain an intellectual property portfolio and obtain needed licenses from third parties, as well as other risks and uncertainties, including but not limited to those detailed from time to time in our filings with the Securities and Exchange Commission.
These forward-looking statements are made only as of the date hereof, and we undertake 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.
SOURCE: Skyworks Solutions, Inc.
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