Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high
performance analog semiconductors enabling a broad range of end
markets, today announced that it received the Outstanding Supplier
and Perfect Quality awards from Lenovo for product innovation,
delivering perfect quality solutions and serving as a strategic
partner. Skyworks is Lenovo’s leading provider of analog and RF
solutions, having supported the company through several major
product launches and growth in market share. Lenovo leverages a
variety of Skyworks’ products including SkyHi™ front-end solutions,
multimode, multiband power amplifiers, switches, diodes and global
positioning system devices, among others.
“Lenovo congratulates Skyworks for their outstanding support and
commitment to perfect quality,” said David Wang, vice president of
procurement at Lenovo. “Over the past few years Skyworks and Lenovo
have forged a strong relationship, one that has grown even stronger
as Lenovo has become much more than a PC company. We are delighted
with Skyworks’ reliable, high quality and turnkey solutions, and
look forward to collaborating with them for years to come
particularly as Lenovo expects to grow its market share in China
and abroad.”
“At Skyworks we realize the success of our customers depends
upon the strength of our services and reliability of our products
and we appreciate Lenovo’s recognition of our journey towards
perfect quality,” said Kenneth J. Huening, vice president of
quality at Skyworks. “We are delighted to be partnering with Lenovo
to enable a variety of personal technology platforms including
smartphones, tablets and smart television with an increasing number
of our analog and connectivity solutions. We also recognize that
delivering perfect quality is a key differentiator in today’s
competitive market.”
With sales growing in India, Indonesia, the Philippines, Russia
and Vietnam, Gartner predicts that Lenovo will become China’s top
smartphone vendor in 2013. According to IDC, Lenovo already has the
third highest worldwide market share for “Smart Connected Devices”
which combines PC, smartphones and tablets.
About Levovo
Lenovo (HKSE: 992) (ADR: LNVGY) is a US$34 billion personal
technology company – one of the top two PC makers in the world and
an emerging PC Plus leader – serving customers in more than 160
countries. Dedicated to exceptionally engineered PCs and mobile
internet devices, Lenovo’s business is built on product innovation,
a highly-efficient global supply chain and strong strategic
execution. Formed by Lenovo Group’s acquisition of the former IBM
Personal Computing Division, the Company develops, manufactures and
markets reliable, high-quality, secure and easy-to-use technology
products and services. Its product lines include legendary
Think-branded commercial PCs and Idea-branded consumer PCs, as well
as servers, workstations, and a family of mobile internet devices,
including tablets and smart phones. Lenovo, a global Fortune 500
company, has major research centers in Yamato, Japan; Beijing,
Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more
information see www.lenovo.com.
About Skyworks
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 priced 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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