Qorvo® Receives 2022 Most Respected Public Semiconductor Company Award from the GSA
December 12 2022 - 8:00AM
Qorvo® (Nasdaq: QRVO), a leading global provider of
connectivity and power solutions, has received the 2022 award for
Most Respected Public Semiconductor Company in its category by the
Global Semiconductor Alliance (GSA).
GSA recognizes semiconductor companies that demonstrate
excellence through their success, vision, strategy and future
opportunities in the industry. The GSA Award is recognized globally
as one of the most respected and prestigious awards a semiconductor
company can receive.
Jodi Shelton, president and co-founder of GSA, said, "Qorvo is a
pioneer in connectivity, with advanced process technology,
world-class factories, and design teams that solve its customers’
challenges. GSA is pleased to honor them with our Most Respected
Public Semiconductor Company award. With Qorvo’s recent
acquisitions, it is poised to continue its growth, accelerating
innovation in our industry and the broader world.”
Bob Bruggeworth, president and chief executive officer of Qorvo,
said, “We are deeply honored to be recognized by GSA with this
important award. Qorvo technology has been at the heart of systems
that connect, protect and power the planet for more than 30 years,
and it’s gratifying to see our commitment to our customers and
partners acknowledged within our industry.”
GSA members represent approximately 70 percent of the $550-plus
billion semiconductor industry. The membership has a global
footprint spanning over 25 countries and 300 corporate members,
including more than 120 public companies. Companies within the
GSA’s membership range from new and emerging companies to
semiconductor industry pioneers and technology leaders.
About QorvoQorvo (Nasdaq: QRVO) supplies
innovative semiconductor solutions that make a better world
possible. 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 consumer electronics, smart home/IoT, automotive, EVs,
battery-powered appliances, network infrastructure, healthcare and
aerospace/defense. Visit www.qorvo.com to learn how our
diverse and innovative team is helping connect, protect and power
our planet.
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.
Media Contact: Brent DietzQorvo Director of
Corporate Communicationsbrent.dietz@qorvo.comW + 1
336-678-7935 |
|
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 U.S. federal securities laws. Our business is
subject to numerous risks and uncertainties, including those
relating to fluctuations in our operating results; our substantial
dependence on developing new products and achieving design wins;
our dependence on several large customers for a substantial portion
of our revenue; continued volatility and uncertainty in customer
demand, worldwide economies and financial markets resulting from
the impact of the COVID-19 pandemic, conflict in Ukraine or other
macroeconomic factors; a loss of revenue if defense and aerospace
contracts are canceled or delayed; our dependence on third parties;
risks related to sales through distributors; risks associated with
the operation of our manufacturing facilities; business
disruptions; poor manufacturing yields; increased inventory risks
and costs, including under long-term supply agreements, due to
timing of customers’ forecasts; our inability to effectively manage
or maintain evolving relationships with chipset suppliers; our
ability to continue to innovate in a very competitive industry;
underutilization of manufacturing facilities; unfavorable changes
in interest rates, pricing of certain precious metals, utility
rates and foreign currency exchange rates; our acquisitions and
other strategic investments failing to achieve financial or
strategic objectives; our ability to attract, retain and motivate
key employees; warranty claims, product recalls and product
liability; changes in our effective tax rate; changes in the
favorable tax status of certain of our subsidiaries; enactment of
international or domestic tax legislation, or changes in regulatory
guidance; risks associated with environmental, health and safety
regulations, and climate change; risks from international sales and
operations; economic regulation in China; changes in government
trade policies, including imposition of tariffs and export
restrictions; we may not be able to generate sufficient cash to
service all of our debt; restrictions imposed by the agreements
governing our debt; our reliance on our intellectual property
portfolio; claims of infringement of third-party intellectual
property rights; security breaches and other similar disruptions
compromising our information; theft, loss or misuse of personal
data by or about our employees, customers or third parties;
provisions in our governing documents and Delaware law may
discourage takeovers and business combinations that our
stockholders might consider to be in their best interests; and
volatility in the price of our common stock. These and other risks
and uncertainties, which are described in more detail under "Risk
Factors" in Part I, Item 1A. of our Annual Report on Form 10-K for
the year ended April 2, 2022 and Qorvo's subsequent 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.
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