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RF Micro Devices information


RF Micro Devices, Inc.
Company typePublic company
Traded as
Nasdaq: RFMD
IndustrySemiconductor components
Founded1991; 33 years ago (1991)
DefunctJanuary 2, 2015 (2015-01-02)
FateMerged with TriQuint Semiconductor
SuccessorQorvo
HeadquartersGreensboro, North Carolina, U.S.
Area served
Worldwide
Key people
Robert A. Bruggeworth (President and Chief Executive Officer)
BrandsPowerStar, PowerSmart, Polaris Total Radio
Revenue
  • IncreaseUS$944 million (2013)
  • US$872 million (2012)
Operating income
  • DecreaseUS$-15.7 million (2013)
  • US$24.6 million (2012)
Net income
  • DecreaseUS$-53.0 million (2013)
  • US$0.9 million (2012)
Total assets
  • DecreaseUS$932 million (2013)
  • US$965 million (2012)
Total equity
  • IncreaseUS$639 million (2013)
  • US$672 million (2012)
Number of employees
3,500 (2014)
Websiterfmd.com
Footnotes / references
[1][2]

RF Micro Devices (also known as RFMD or RF Micro), was an American company that designed and manufactured high-performance radio frequency systems and solutions for applications that drive wireless and broadband communications. Headquartered in Greensboro, North Carolina, RFMD traded on the NASDAQ under the symbol RFMD.[3] The Company was founded in Greensboro, North Carolina, in 1991.[4] RF Micro had 3500 employees, 1500 of them in Guilford County, North Carolina.[5]

The company's products, predominantly radio frequency integrated circuits (RFICs) and packaged modules that utilize them, were used in cellular networks and mobile phones, for wireless connectivity such as wireless LAN, GPS and Bluetooth, in cable modems and cable TV infrastructure, and for other applications including military radar. The most important applications in terms of sales were GaAs-based power amplifiers and antenna control solutions used in mobile phones (including smartphones), WiFi RF front-ends and components used in wireless infrastructure equipment.[2]

The company announced in February 2014 that it would merge with TriQuint Semiconductor.[6] On January 2, 2015, RFMD and Triquint jointly announced that they had completed their merger of equals to form Qorvo (Nasdaq: QRVO), and that Qorvo would start trading on the NASDAQ Global Stock Market starting from that day.[7]

  1. ^ "About RFMD". RFMD. Retrieved May 28, 2014.
  2. ^ a b "RF Micro Devices, inc. Annual Report" (PDF). RFMD. Retrieved May 28, 2014.
  3. ^ "RF Micro Devices, Inc. Stock Report". NASDAQ. Retrieved May 28, 2014.
  4. ^ Neal, Jerry D.; Bledsoe, Jerry (2005). Fire in the Belly : Building a World-leading High-tech Company from Scratch in Tumultuous Times. Asheboro: Down Home Press. ISBN 1-878086-98-7.
  5. ^ Cite error: The named reference Craver was invoked but never defined (see the help page).
  6. ^ Spencer, Malia (February 24, 2014). "TriQuint to merge with North Carolina firm, create new $2B company". Portland Business Journal. Retrieved February 25, 2014.
  7. ^ "Merger of RFMD and TriQuint Is Now Complete, Qorvo™ Emerges as a New Leader in RF Solutions". RFMD. January 2, 2015. Retrieved January 5, 2015.

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