13.08.2007 12:00:00
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Skyworks Receives Certification for Key Automotive Standard
Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high performance
analog and mixed signal semiconductors enabling mobile connectivity,
today announced that it has received ISO/TS 16949 certification, an
internationally accepted automotive quality system accreditation. The
ISO/TS 16949 recognition allows Skyworks to become a supplier in the
automotive market estimated by Lehman Brothers to have a total available
market of approximately $16 billion. The automotive sector offers a
range of new growth opportunities for semiconductor companies as cars
utilize wireless technology for keyless entry, Bluetooth capability,
global positioning system (GPS), satellite radios, climate control,
sensors and other applications. Given that ISO/TS 16949 is a key
differentiating standard amongst customers across a wide range of
industries, achieving this certification also creates opportunities in
markets such as broadband, consumer electronics, meter reading, and RFID.
"Skyworks is proud to have completed this
rigorous audit process involving many facets including design,
manufacturing, design validation, final test, packing and shipping,”
said Nien-Tsu Shen, vice president of quality at Skyworks. "The
stringent certification now positions us well with multiple German,
Italian, American and French automotive customers and gives us the
opportunity to significantly expand our Linear Products business.”
According to a research report published by Lehman Brothers in June 2007
entitled the Semiconductor Handbook, "Automotive
represents a core end-market for analog and mixed signal semiconductor
companies and suppliers of discrete semiconductor components, among
others.” Automotive Certification 3-3-3
Skyworks launched its Linear Products business to aggressively leverage
the company’s core RF and analog product
portfolio and modeling capabilities, along with its strong catalog sales
channels and specialized rep and distributor networks, in non-handset
applications. Thus far, Skyworks has secured several strategic design
wins in the infrastructure, broadband, medical and industrial markets.
Skyworks Facilities Accredited Under ISO/TS16949
Woburn, Mass.: Used for the production of 4 inch GaAs pseudomorphic
high electron mobility transistor (PHEMT), metal semiconductor field
effect transistor (MESFET), and silicon wafer fabrication for
switches, control devices and amplifiers, and discrete radio frequency
(RF) diodes
Mexicali, Mexico: Used for final test, tape and reel for a wide
portfolio of semiconductor solutions including modules, RF-chip scale
and fine pitch ball grid array (FPBGA) packages, as well as RF, analog
and systems test
Failure analysis (FA)/reliability lab in Newbury Park, Calif.
About ISO/TS 16949
ISO/TS 16949 certification, developed by the International Automotive
Task Force (IATF) in conjunction with the International Organization for
Standardization (ISO) the world’s largest
developer of standards, aligns existing automotive quality systems
standards within the global automotive industry, and aims to eliminate
the need for multiple certifications to satisfy customer requirements.
The IATF consists of an international group of vehicle manufacturers
including BMW Group, DaimlerChrysler, Fiat, Ford Motor Company, General
Motors Corporation, PSA Peugeot-Citroen, Renault and Volkswagen.
Together with ISO 9001: 2000, the automotive certification specifies the
quality system requirements for the design/development, production,
installation and servicing of automotive-related products. In addition,
there are customer-specific requirements by individual subscribing
vehicle manufacturers.
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 radios 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 and
expectations 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; losses or curtailments of purchases or payments from key
customers, or the timing of customer inventory adjustments; our reliance
on a several key customers for a large percentage of our sales; 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; the timing,
rescheduling or cancellation of significant customer orders and our
ability, as well as the ability of our customers, to manage inventory;
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.
Note to Editors: 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.
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Skyworks Solutions Inc. | 82,93 | -1,43% |
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S&P 600 SmallCap | 935,46 | -0,94% |