Skyworks Wins 2008 Best Supplier Award from LG Electronics
March 27 2009 - 8:00AM
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 received LG
Electronics� 2008 Best Supplier Award. This is the second
consecutive year Skyworks has received this award, which is based
on technology, quality, product reliability and on-time
delivery.
LG, a Skyworks customer since 1995, leverages the company�s
front-end solutions for a variety of mobile handsets sold worldwide
spanning all key air interfaces including CDMA, GSM, EDGE and WCDMA
for 3G multimode applications.
�We are delighted to present Skyworks with our 2008 Best
Supplier Award,� said Gi-seob Shin, executive vice president for
the procurement division at LG Electronics. �Skyworks has been an
exceedingly valuable business partner and very instrumental in
helping us expand our global mobile communications presence.
Congratulations to the entire team for yet another job well
done.�
�Skyworks is extremely honored to be recognized once again by LG
for our product innovation and operational agility,� said Liam K.
Griffin, senior vice president, sales and marketing for Skyworks.
�This prestigious award underscores our full commitment to LG while
providing a valuable endorsement of our high-quality, best-in-class
solutions. We look forward to strengthening our partnership in
support of 3G and 4G wireless technologies as well as LG's leading
consumer products and home networking segments.�
About Skyworks
Skyworks Solutions, Inc. is an innovator of high performance
analog and mixed signal semiconductors enabling mobile
connectivity. The company's power amplifiers, front-end modules and
direct conversion radios are at the heart of many of today's
leading-edge multimedia handsets. Leveraging core technologies,
Skyworks also offers a diverse portfolio of linear products that
support automotive, broadband, cellular infrastructure, industrial
and medical applications.
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 information relating to future
results and expectations of Skyworks (including certain projections
and business trends). Forward-looking statements can often be
identified by words such as "anticipates," "expects," "forecasts,"
"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:
unprecedented 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; 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; the availability and pricing of third party semiconductor
foundry, assembly and test capacity and raw materials; 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, 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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