Skyworks Expanding Far East Capabilities to Better Support Customers' Outsourcing Needs; Company is Uniquely Positioned to Increase Share in Rapidly Growing Market
WOBURN, Mass., Aug 27, 2002 (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 the decision to further augment its Far East engineering and technical field sales resources.
This will allow Skyworks to better support the needs of regional Original Device Manufacturers (ODMs) and contract manufacturers, who are increasingly developing leading-edge handsets for the world's largest cellular phone suppliers.
"The mobile handset industry is undergoing fundamental change as traditional OEMs intensify focus on key differentiators such as branding and channel management while outsourcing design and development to lower cost producers," said Stan Bruederle, chief analyst for industry research and advisory firm Gartner Dataquest.
"This strategic shift is giving rise to a rapidly emerging set of ODMs and contract manufacturers, particularly in the Far East, who we believe will represent some of the fastest growing handset providers over the next several years."
Skyworks' network of dedicated support staff throughout the Far East, first developed more than two decades ago, enables customers to shorten their time-to-market by utilizing the company's leadership portfolio of switches, power amplifier modules, direct conversion transceivers and complete cellular systems chipsets that contain a GSM/GPRS protocol stack, pre-approved in 50 countries and on 70 networks around the world.
Local application engineering labs and development teams provide immediate, hands-on support and can enable new customers to achieve volume handset production in as little as six months following initial engagement.
"Given the increasing trend toward handset outsourcing, we intend to grow our base of 75 highly talented sales and engineering staff already deployed throughout Taiwan, China, Japan, Korea and Singapore, to approach approximately 100 people within the next several months," said Liam Griffin, vice president of sales and marketing for Skyworks.
"With resources deployed in all key markets, Skyworks is uniquely positioned to provide customers with a differentiated level of service and local technical support. Expanding our presence will further strengthen our existing relationships with leading OEMs, ODMs and contract manufacturers, especially as they seek simplified architectures and system-level integration expertise."
Skyworks' Far East operations consist of key design centers and sales offices in Taipei, Shanghai, Beijing, Hong Kong, Tokyo, Daegu, Seoul and Singapore. Local employees work closely with customers to facilitate product design, board layout, system integration, software development and Full Type Approval (FTA) testing. Skyworks' Shanghai Design Center for example, has successfully field-tested more than a dozen handsets throughout China.
About Skyworks
Skyworks Solutions is the industry's leading wireless semiconductor company focused on radio RF and complete semiconductor 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 has headquarters in Woburn, with executive offices in Newport Beach, Calif. The company has design, engineering, manufacturing, marketing, sales and service facilities throughout North America, Europe, Japan and Asia Pacific. For more information 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: maintaining a consistent and reliable source of energy; 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., Newport Beach
Lisa Briggs (media relations), 949/231-4553
lisa.briggs@skyworksinc.com
or
Thomas Schiller (investor relations), 949/231-4707
thomas.schiller@skyworksinc.com
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