QRVO Qorvo Inc

Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, is enabling the expansion of distributed Wi-Fi solutions in the home through a portfolio of 802.11ax products that improves Wi-Fi coverage, enables smaller devices and reduces costs. These products include Wi-Fi front end modules, Wi-Fi BAW 2.4GHz bandedge and LTE coexistence filters, and Wi-Fi integrated front end modules (iFEMs).

“In the last year, we have seen a flood of new distributed Wi-Fi mesh network products released in the marketplace,” said Christian Kim, senior analyst, IoT and connectivity, for IHS Markit, a global business information provider. “With the addition of smart home devices and the increasing home use of streaming services, such as Netflix or Spotify, we expect to see continued introduction of new distributed Wi-Fi mesh systems in 2018.” 1

Distributed Wi-Fi networks, also known as Wi-Fi mesh, use multiple routers to spread Wi-Fi signals throughout the home. Qorvo maximizes the output power of in-home Wi-Fi signals while simultaneously optimizing their efficiency and lowering power consumption. The company's Wi-Fi modules enable consumers to fully utilize the frequency band, whereas competitive products with sub-par filters have trouble accessing the full spectrum.

As a result, Qorvo technology delivers expanded coverage and reduced energy costs for consumers, while service providers and manufacturers benefit from improved customer satisfaction and fewer service calls and truck rolls.

Cees Links, general manager of Qorvo’s Wireless Connectivity business unit, said, “The notion of ‘power’ can be confusing, but Qorvo’s innovation labs have figured out how to maximize the output power of Wi-Fi signals throughout the home, while optimizing efficiency to lower power consumption. With Qorvo’s advanced RF technology, equipment makers can create distributed Wi-Fi networks that use unobtrusive end devices throughout the home, eliminate dead spots, and scale to more applications and users. Qorvo eliminates Wi-Fi problems before they emerge.”

Qorvo’s distributed Wi-Fi mesh solutions are in production, and have secured multiple design wins, including several top equipment providers that connect millions of consumers around the world.

Qorvo products that solve the IoT’s toughest RF challenges will be showcased during CES 2018 (#CES2018) in Las Vegas, Nevada, January 9-12, in booth #42531, Halls A-D of Sands Expo.

Qorvo’s Wireless Connectivity business is one of the leading developers of wireless semiconductor system solutions for connected devices, with a broad range of advanced RF chips and software for smart home data communications and the IoT. Information about Qorvo solutions for this market is available at: www.qorvo.com/applications/internet-of-things. Qorvo’s latest white paper about the future of Wi-Fi – Where is Wi-Fi Heading? – can be accessed here.

About QorvoQorvo (Nasdaq:QRVO) makes a better world possible by providing innovative RF solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We also leverage our unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.

1 Information based on IHS Markit, Technology Group, High Performance Wireless Intelligence Service, October 2017. Information is not an endorsement of Qorvo. Any reliance on these results is at the third party's own risk. Visit www.technology.ihs.com for more details.

Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. All other trademarks are the property of their respective owners.

Investor Relations Contact: Doug DeLieto VP, Investor Relations W +1-336-678-7088

Media Contact Wireless Connectivity: Vanessa Gaté vanessa.gate@qorvo.com W +32-52-454439

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently.  You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements.  We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws.  Qorvo's business is subject to numerous risks and uncertainties, including variability in operating results, the inability of certain of our customers or suppliers to access their traditional sources of credit, our industry's rapidly changing technology, our dependence on a few large customers for a substantial portion of our revenue, a loss of revenue if contracts with the U.S. government or defense and aerospace contractors are canceled or delayed, our ability to implement innovative technologies, our ability to bring new products to market and achieve design wins, the efficient and successful operation of our wafer fabrication facilities, assembly facilities and test and tape and reel facilities, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, variability in manufacturing yields, industry overcapacity and current macroeconomic conditions, inaccurate product forecasts and corresponding inventory and manufacturing costs, dependence on third parties and our ability to manage platform providers and customer relationships, our dependence on international sales and operations, our ability to attract and retain skilled personnel and develop leaders, the possibility that future acquisitions may dilute our shareholders' ownership and cause us to incur debt and assume contingent liabilities, fluctuations in the price of our common stock, additional claims of infringement on our intellectual property portfolio, lawsuits and claims relating to our products, security breaches and other similar disruptions compromising our information and exposing us to liability, and the impact of stringent environmental regulations. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.