SiGe Semiconductor Hits Production Milestone, Ships 250 Millionth Integrated Circuit
PR Newswire, May 6, 2008
Consumer electronics deliver wireless multimedia with SiGe ICs
ANDOVER, MA, and OTTAWA, May 6 /PRNewswire/ -- SiGe Semiconductor today announced the shipment of more than 250 million integrated circuits (ICs), reinforcing its position among the leading suppliers of RF front-end solutions enabling wireless multimedia in consumer electronics. SiGe has enjoyed 40 percent year-over-year growth with 2007 revenues exceeding $69 million.
SiGe Semiconductor attributes this success to an award-winning portfolio of wireless power amplifiers, RF front-end modules and GPS receivers, which enable the next generation of wireless computing, home entertainment and mobile applications. SiGe enables OEMs to deliver consumer electronic products with optimal performance and battery life at competitive prices.
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These products are used by some of the world's largest consumer brands, and can be found on store shelves in Wi-Fi(R) -enabled laptop computers, wireless access points, game consoles, PC cards and peripherals. SiGe also provides GPS ICs that enable location services in personal navigation devices, cellular phones, and other handheld devices. The company expects its emerging portfolio of WiMAX power amplifiers and front-end modules to fuel growth over the next 12-18 months.
"Shipment of 250 million ICs demonstrates SiGe's ability to deliver high volumes of quality products into the demanding consumer product markets," said Sohail Khan, CEO, SiGe Semiconductor. "We have collaborated with our customers to determine the critical feature set for next-generation products and translated that intelligence into designs that deliver the best in performance, battery life and cost. We are pleased with our success, and look forward to continued collaboration with our growing customer base."
SiGe Semiconductor's customer base includes leading companies such as HP, Apple, Lenovo, Nintendo and Samsung. SiGe has expanded its network of sales, distribution, customer and applications support teams to provide local design assistance. Customers are drawn to SiGe's ability to meet the requirements for low-cost and high-volume manufacturing processes.
About SiGe Semiconductor
SiGe Semiconductor is a leading global supplier of the products that are enabling wireless multimedia in a wide variety of computing, entertainment and mobile systems. Our innovative radio frequency integrated circuits and multi- chip modules simplify the addition of mobile broadband access and location-based capabilities to consumer electronics. SiGe products are designed specifically for these applications, providing the un-equaled performance that is necessary for high-quality, user-focused applications on the go. Offering exceptional performance, our products comply with Wi-Fi(R), WiMAX(TM), and GPS technology standards. We deliver solutions designed for the end system application, enabling ease of integration and reduced time to market. SiGe operates worldwide, servicing leading consumer electronics OEMs and ODMs from five key sites as well as through an extensive global distribution network.
Forward Looking Statements
This news release may contain certain forward-looking statements. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and SiGe Semiconductor, Inc. does not undertake an obligation to update forward-looking statements should conditions or management's estimates or opinions change.
Notes
Wi-Fi(R) is a trademark of the Wi-Fi Alliance. WiMAX(TM) is a trademark of the WiMAX Forum(TM). All other trademarks are the property of their respective owners.
CONTACT: Press/Americas & Europe: Bev Hemish, SiGe Semiconductor, (613) 288-2709, beh@sige.com; Press/Asia: Claire Walker, Techworks Asia +852 2168 0870, Claire@techworksasia.com
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