News | January 27, 2014

Skyworks Secures Hi-Rel Designs With Multiple Aerospace And Defense Manufacturers

WOBURN, MASS.--(BUSINESS WIRE)--

Skyworks Solutions, Inc. (NASDAQ: SWKS) an innovator of high performance analog semiconductors enabling a broad range of end markets, today announced that is has captured high-reliability (hi-rel) and commercial-off-the-shelf (COTS) sockets with several aerospace and defense suppliers such as Cobham, EADS, Herley and Teledyne. Skyworks’ solutions are being leveraged for microwave switching, attenuation, receiver protection and mixer and detector applications in commercial and military radios, avionics systems, software defined radios and navigation platforms that support major tier-one aerospace and defense companies such as Boeing, L-3 Communications, Northrup Grumman and Raytheon.

“Skyworks is gaining content across a number of hi-rel applications with our diverse product portfolio,” said David Stasey, vice president and general manager of analog solutions at Skyworks. “Our solutions are ideal for the rapidly growing aerospace and defense industry where customers are seeking effective, efficient and reliable military communication systems that deliver robust, wide-ranging and real-time data and services.”

According to a December Global Information report entitled “2013 Semiconductors in Military and Aerospace Electronics” the market will grow to over $3.0 billion worldwide in four years. In addition, the fastest adoption rate for solutions in the military/aerospace market will come from COTS platforms, which is forecast to grow at a compounded annual growth rate of 6 percent over the next five years. This long-term market trend is based on the industry’s greater focus on reliability, shorter business cycles and the ability to operate within budget constraints.

About Skyworks’ Analog Solutions

  • GaAs digital attenuators, PIN diode voltage variable attenuators and silicon fixed attenuator pads for infrastructure, test and measurement and other high performance microwave applications up to 40 GHz leverage Skyworks’ extensive design knowledge, technical leadership, manufacturing expertise and superior quality.
  • Low noise amplifiers meet the needs of cellular infrastructure, WLAN, WiMAX, ISM, and all applications requiring LNAs from DC to 6 GHz.
  • Through Isolink, Skyworks manufactures high-performance miniature hybrids and hermetically sealed devices. Isolink pioneered the miniaturization of some of the most advanced optoelectronic components and this expertise in optoelectronic components enables the company to manufacture products of high quality, achieving high isolation voltages, high common mode rejection and radiation tolerance for high demand environments.
  • Skyworks’ power management devices include highly complementary analog semiconductor products such as battery chargers, DC/DC converters, voltage regulators and LED drivers.
  • Building on a proven legacy, Skyworks’ diode product offering includes PIN, Schottky, varactor and limiter diodes for a wide variety of microwave applications including WLAN, infrastructure, handset, SatCom (LNB/DBS-CATV), automotive, military, test and measurement, metering, medical and RFID.

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 (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, Skyworks Solutions and Isolink 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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