Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high
reliability analog and mixed signal semiconductors enabling a broad
range of end markets, has been named to the Boston Globe�s list of
top performing public companies in Massachusetts.
The Globe 100 is based on a composite score derived from
financial data for the four quarters ending December 31, 2008.
Skyworks was ranked number 15 among Massachusetts-based companies
whose stock is publicly traded on the NASDAQ, New York Stock
Exchange, or American Stock Exchange equity markets.
�These companies represent the resiliency of Massachusetts
business, navigating difficult waters and surviving the ebbs and
flows of an unstable economy and stock market,ďż˝ said Shirley Leung,
business editor of the Boston Globe.
To qualify for the Globe 100, a company must have been public
for the entire 2008 calendar year and have reported a positive net
income for both 2007 and 2008.
�Skyworks is honored to be amongst Massachusetts� most highly
regarded companies,ďż˝ said David J. Aldrich, president and chief
executive officer of Skyworks. �Our strong financial performance is
a reflection of our talented workforce whose hard work and
dedication are driving Skyworks to be a uniquely diversified analog
semiconductor company.ďż˝
Now in its 21st year, the Globe 100 ranks Massachusetts-based
public companies based on financial data from the four quarters
ending closest to December 31, 2008, and for corresponding quarters
a year earlier.
About the Globe 100 Ranking Methodology
The Globe 100 ranks Massachusetts-based public companies based
on financial data from the four quarters ending closest to December
31, 2008, and for corresponding quarters a year earlier. To be
eligible, the company must be traded publicly for the entire 2008
calendar year on the New York Stock Exchange, the Nasdaq or the
American Stock Exchange and report revenue and profit for both 2007
and 2008. Companies are ranked on four criteria: return on average
equity, one-year percentage change in revenue, one-year percentage
change in profit margin and 2008 revenue.
About The Boston Globe
The Boston Globe is wholly owned by The New York Times Company,
a leading media company with 2008 revenues of $2.9 billion, which
includes The New York Times, the International Herald Tribune, The
Boston Globe, 15 other daily newspapers, WQXR-FM and more than 50
Web sites, including NYTimes.com, Boston.com and About.com. The
Company�s core purpose is to enhance society by creating,
collecting and distributing high-quality news, information and
entertainment.
About Skyworks
Skyworks Solutions, Inc. is an innovator of high reliability
analog and mixed signal semiconductors. Leveraging core
technologies, Skyworks offers diverse standard and custom linear
products supporting automotive, broadband, cellular infrastructure,
energy management, industrial, medical, military and mobile handset
applications. The Company�s portfolio includes amplifiers,
attenuators, detectors, diodes, directional couplers, front-end
modules, hybrids, infrastructure RF subsystems,
mixers/demodulators, phase shifters, PLLs/synthesizers/VCOs, power
dividers/combiners, 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
Skyworksďż˝ 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 and expectations of Skyworks (including certain projections
and business trends). Forward-looking statements can often be
identified by words such as "anticipates," "expects," "forecasts,"
"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:
unprecedented uncertainty regarding global economic and financial
market conditions; the susceptibility of the wireless 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; changes in laws,
regulations and/or policies in the United States that could
adversely affect 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 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; 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; 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;
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 Boston Globe 3-3-3
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.
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.
Note to Editors: Skyworks, 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.
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