Continues Improvements across Several Key
Categories; Extends Programs to Supply Chain
Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high
performance analog semiconductors enabling a broad range of end
markets, has released its 2013 Sustainability Report, a voluntary
non-financial public document that addresses the company’s
commitment to sustainable business practices. The report highlights
annual improvements and provides an overview of the company’s
initiatives in multiple areas, from its environmental efforts and
labor practices, to its health and safety programs, ethics policies
and stewardship activities.
In 2013, Skyworks reduced its year-over-year carbon dioxide
emissions rate by 32 percent and improved its water efficiency by 8
percent, recording its lowest water usage rate on record since it
began measuring results. Continuing the phase out of materials of
concern in finished goods, Skyworks now has a product portfolio
which is nearly 100% Green™.
“Central to Skyworks’ efforts in meeting the growing demand for
wireless connectivity solutions is our belief in sustainability,”
said Bruce J. Freyman, senior vice president of worldwide
operations at Skyworks. “In 2013, we continued to make improvements
across all key categories and extended our reach into our supply
chain by working to implement programs that go beyond mere
compliance with industry standards. We are proud that the net
result of these sustainability efforts is that our products are
manufactured with considerably less impact on the environment.”
Skyworks’ 2013 Sustainability Report can be found at:
http://www.skyworksinc.com/downloads/investors/skyworks_sustainability.pdf.
About Skyworks
Skyworks Solutions, Inc. is an innovator of high performance
analog semiconductors. Leveraging core technologies, Skyworks
supports automotive, broadband, wireless infrastructure, energy
management, GPS, industrial, medical, military, wireless
networking, smartphone and tablet applications. The Company’s
portfolio includes amplifiers, attenuators, battery chargers,
circulators, DC/DC converters, demodulators, detectors, diodes,
directional couplers, front-end modules, hybrids, infrastructure RF
subsystems, isolators, LED drivers, mixers, modulators,
optocouplers, optoisolators, phase shifters,
PLLs/synthesizers/VCOs, power dividers/combiners, power management
devices, receivers, switches, technical ceramics and voltage
regulators.
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 (e.g.,
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 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, military and
geo-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.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140423005379/en/
Skyworks Media Relations:Pilar Barrigas, (949)
231-3061orSkyworks Investor Relations:Stephen Ferranti,
(781) 376-3056
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