Press release from Business Wire
Skyworks Captures Strategic Automotive Design Wins
<p class='bwalignc'> <i>Supports Telematics and Infotainment System Solutions for a Leading German Car Manufacturer</i> </p>
Wednesday, June 05, 2013
Skyworks Captures Strategic Automotive Design Wins08:00 EDT Wednesday, June 05, 2013
SEATTLE (Business Wire) -- Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors enabling a broad range of end markets, today announced that an increasing number of its products are enabling telematics and infotainment systems in the automotive market. Telematics is the term used to describe the integrated use of computers and electronic technology in automobiles for wireless communication applications such as cell phones, the Internet and GPS receivers.
Skyworks' industry-leading SOI switching technology is already being utilized by global car manufacturers for seamless low noise and broadband handoffs between audio, Blu-ray/DVD, navigation, cell phone and vehicle security display inputs. Skyworks has now secured multiple RF and analog design wins with Novero, a key worldwide automotive supplier. Skyworks' devices are enabling Novero's on-board communication systems being deployed by several car manufacturers including a large, tier-one German company.
“Skyworks is excited to be capitalizing on the increasing number of addressable semiconductor opportunities in the telematics and infotainment segments of the automotive market,” said John O'Neill, vice president of broad markets marketing at Skyworks. “Our high performance, turn-key solutions are ideal for in-vehicle applications, particularly as mobile phone integration, navigation and data access become mainstream.”
Telematics and monitoring services in automobiles are rapidly growing segments as safety and security concerns become more prevalent. According to Lucintel, a consulting and market research firm, the global automotive semiconductor market is expected to reach revenues of approximately $36 billion by 2018. Growth is being driven by innovations in hybrid vehicles as well as advanced safety features in infotainment systems as car manufacturers seek to enhance the overall driving experience by incorporating reliable, interactive controls.
About Skyworks' Automotive Solutions
Skyworks offers a broad range of high-performance analog and mixed signal semiconductors that are key components to the design of wireless automotive systems and transportation infrastructure. More information about Skyworks automotive portfolio may be found at Skyworks Quality Standards for Automotive Customers.
Pricing and Availability
Skyworks' PAMs, FEMs and switches are currently available for both sampling and production. For volume pricing, please contact firstname.lastname@example.org.
Skyworks at IEEE MTT-S 2013
Skyworks will be exhibiting these products, and other world class RF solutions, in booth #630 at MTT-S 2013, being held June 4 – 6 in Seattle.
Skyworks Solutions, Inc. is an innovator of high performance analog semiconductors. Leveraging core technologies, Skyworks supports automotive, broadband, cellular infrastructure, energy management, GPS, industrial, medical, military, wireless networking, smartphone and tablet applications. The Company's portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure RF subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, PLLs/synthesizers/VCOs, power dividers/combiners, power management devices, 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: uncertainty regarding global economic and financial market conditions; the susceptibility of the 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, including the possibility of expiring tax cuts combined with mandatory reductions in federal spending, in the United States that could adversely affect either (i) the economy and our customers' demand for our products or (ii) the 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.
The forward-looking statements contained in this news release 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.
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