SWKS Skyworks Solutions Inc

Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity, today announced that MediaTek, Inc., a leading supplier of worldwide consumer IC chipsets, will be incorporating Skyworks� Helios� radio across several next-generation EDGE wireless communication platforms. This agreement demonstrates Skyworks� ability to effectively partner with a leading system solution provider following the company�s exit of the baseband business announced earlier this month. Skyworks� Helios� EDGE radio significantly reduces radio frequency (RF) board space, enabling the inclusion of advanced multimedia features such as MP3 players, digital cameras, Web browsing, multimedia messaging services (MMSs) and video processing. Based upon a closed polar loop approach, Helios� eliminates the need for additional factory calibration, offering handset OEMs simplified testing processes and ease with high-volume manufacturing. To date, three of the world�s top five handset OEMs have adopted Skyworks� Helios�-based architectures for EDGE cellular phones. MediaTek ranks first in worldwide market share for various high-end digital consumer products. In wireless communication � including solutions for chipsets and software for low-end, mid-range, and high-end GSM/GPRS � the company has reached a run rate of shipping four million chipsets per month. Additionally, MediaTek has been granted Innovative Product Awards in each of the last eight years by the Hsinchu Science-Based Industrial Park Administration. �Given MediaTek�s large and expanding market footprint within Asia, we are delighted that they have selected our Helios� EDGE transceiver,� said Liam K. Griffin, senior vice president, sales and marketing for Skyworks. �With several key design wins, Helios� is more than meeting the challenging requirements of next-generation EDGE handsets. We look forward to future collaborations with MediaTek and others as we migrate to WEDGE and WiMAX applications.� About MediaTek MediaTek Inc. is a professional fabless IC company. Since its establishment in 1997, MediaTek has dedicated substantial resources in the research and development of comprehensive digital media integrated chipset solutions. MediaTek has now become one of the world's largest fabless IC companies. Its product lines include chipsets for optical storage drives, high-end digital consumer products, wireless communication, and digital TV. MediaTek is headquartered in Hsin-Chu City, Taiwan. For more information, please visit the company�s Web site at: www.mtk.com.tw. About Skyworks Skyworks Solutions, Inc. is an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity. The company's power amplifiers, front end modules and direct conversion transceivers are at the heart of many of today's leading-edge multimedia handsets. Leveraging core technologies, Skyworks also offers a diverse portfolio of linear products that support automotive, broadband, cellular infrastructure, industrial and medical applications. 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 information relating to future results of Skyworks (including certain projections and business trends). Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "believes," "plans," "may," "will," "continue," similar expressions, and variations or negatives of these words. All such statements are subject to certain risks and uncertainties 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 and uncertainties include, but are not limited to: global economic and market conditions, such as the cyclical nature of the semiconductor industry and the markets addressed by our, and our customers', products; our ability to develop, manufacture and market innovative products in a highly price competitive and rapidly changing technological environment; fluctuations in our manufacturing yields due to our complex and specialized manufacturing processes; 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; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; our ability to timely and accurately predict market requirements and evolving industry standards, and to identify opportunities in new markets; 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; losses or curtailments of purchases or payments from key customers, or the timing of customer inventory adjustments; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; our reliance on several key customers for a large percentage of our sales; 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; 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; our ability to continue to grow and maintain an intellectual property portfolio and obtain needed licenses from third parties; and the uncertainties of litigation, including disputes over intellectual property, 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. These forward-looking statements 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. 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. Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity, today announced that MediaTek, Inc., a leading supplier of worldwide consumer IC chipsets, will be incorporating Skyworks' Helios(TM) radio across several next-generation EDGE wireless communication platforms. This agreement demonstrates Skyworks' ability to effectively partner with a leading system solution provider following the company's exit of the baseband business announced earlier this month. Skyworks' Helios(TM) EDGE radio significantly reduces radio frequency (RF) board space, enabling the inclusion of advanced multimedia features such as MP3 players, digital cameras, Web browsing, multimedia messaging services (MMSs) and video processing. Based upon a closed polar loop approach, Helios(TM) eliminates the need for additional factory calibration, offering handset OEMs simplified testing processes and ease with high-volume manufacturing. To date, three of the world's top five handset OEMs have adopted Skyworks' Helios(TM)-based architectures for EDGE cellular phones. MediaTek ranks first in worldwide market share for various high-end digital consumer products. In wireless communication - including solutions for chipsets and software for low-end, mid-range, and high-end GSM/GPRS - the company has reached a run rate of shipping four million chipsets per month. Additionally, MediaTek has been granted Innovative Product Awards in each of the last eight years by the Hsinchu Science-Based Industrial Park Administration. "Given MediaTek's large and expanding market footprint within Asia, we are delighted that they have selected our Helios(TM) EDGE transceiver," said Liam K. Griffin, senior vice president, sales and marketing for Skyworks. "With several key design wins, Helios(TM) is more than meeting the challenging requirements of next-generation EDGE handsets. We look forward to future collaborations with MediaTek and others as we migrate to WEDGE and WiMAX applications." About MediaTek MediaTek Inc. is a professional fabless IC company. Since its establishment in 1997, MediaTek has dedicated substantial resources in the research and development of comprehensive digital media integrated chipset solutions. MediaTek has now become one of the world's largest fabless IC companies. Its product lines include chipsets for optical storage drives, high-end digital consumer products, wireless communication, and digital TV. MediaTek is headquartered in Hsin-Chu City, Taiwan. For more information, please visit the company's Web site at: www.mtk.com.tw. About Skyworks Skyworks Solutions, Inc. is an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity. The company's power amplifiers, front end modules and direct conversion transceivers are at the heart of many of today's leading-edge multimedia handsets. Leveraging core technologies, Skyworks also offers a diverse portfolio of linear products that support automotive, broadband, cellular infrastructure, industrial and medical applications. 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 information relating to future results of Skyworks (including certain projections and business trends). Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "believes," "plans," "may," "will," "continue," similar expressions, and variations or negatives of these words. All such statements are subject to certain risks and uncertainties 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 and uncertainties include, but are not limited to: global economic and market conditions, such as the cyclical nature of the semiconductor industry and the markets addressed by our, and our customers', products; our ability to develop, manufacture and market innovative products in a highly price competitive and rapidly changing technological environment; fluctuations in our manufacturing yields due to our complex and specialized manufacturing processes; 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; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; our ability to timely and accurately predict market requirements and evolving industry standards, and to identify opportunities in new markets; 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; losses or curtailments of purchases or payments from key customers, or the timing of customer inventory adjustments; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; our reliance on several key customers for a large percentage of our sales; 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; 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; our ability to continue to grow and maintain an intellectual property portfolio and obtain needed licenses from third parties; and the uncertainties of litigation, including disputes over intellectual property, 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. These forward-looking statements 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. 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.