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    QRVO   US74736K1016

QORVO, INC.

(QRVO)
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Qorvo® Simplifies Wi-Fi 6E System Design with the First Single FEM to Support 5.1 to 7.1 GHz Bands

01/06/2022 | 08:01am EDT

GREENSBORO, N.C., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today introduced the first wideband Wi-Fi front-end module (FEM) covering the 5.1 GHz to 7.1 GHz bands for customer premises equipment (CPE). Qorvo’s new wideband QPF4730 can provide full-frequency support for both Wi-Fi 6 and Wi-Fi 6E enterprise solutions.

In previous generations of Wi-Fi routers, each radio is fixed to a specific frequency, due to the narrowband nature of available solutions. To enable broadband operation, manufacturers must currently place a 5 GHz front-end module, a 6 GHz front-end module and switch components. The QPF4730 flexibly delivers full high-band support while reducing the board space required in Wi-Fi 6E upgrades. This improves overall system performance, capacity and flexibility.

Tony Testa, Qorvo director of Technical Marketing, said, “Qorvo’s newest FEM is optimized to operate over 5 GHz, 6 GHz or both, to maximize system capacity and throughput, which is not possible in existing CPE designs. Qorvo’s QPF4730 is the first in a family of new products that will address operational and architectural flexibility for Wi-Fi 6E channels and will include solutions for home gateways, routers and mesh systems.”

The QPF4730 enhances efficiency in Wi-Fi 6/Wi-Fi 6E architectures and is optimized for Power over Ethernet (PoE), improving Quality of Service (QoS), range and throughput. This solution maximizes user capacity and leverages the full available spectrum. It also enables manufacturers to design smaller form factors than current gateways to meet user expectations for more compact, sleek and efficient designs. With its expanded spectrum, Wi-Fi 6E provides higher throughput while servicing more client connections in home, campus and enterprise settings.

For more information about Qorvo’s solutions, announcements and meeting inquiries, visit our Qorvo CES 2022 landing page.

Qorvo's Wireless Connectivity business is a leading developer of wireless semiconductor system solutions for connected devices that support Wi-Fi, and IoT low-power Zigbee, Thread, Bluetooth® Low Energy and UWB. To learn more about Qorvo solutions that enable faster connections for Wi-Fi 6E and beyond, visit the company's online Wi-Fi Innovation Resource Center.

About Qorvo
Qorvo (Nasdaq: QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.

Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. All other trademarks are the property of their respective owners.



Investor Relations Contact:
Doug DeLieto
VP, Investor Relations
W +1-336-678-7088


Media Contact:
Katie Caballero
Marketing Communications Manager
Qorvo Infrastructure and Defense Products
W + 1 972-994-8546
Katie.caballero@qorvo.com

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions, and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results; our substantial dependence on developing new products and achieving design wins; our dependence on several large customers for a substantial portion of our revenue; the COVID-19 pandemic materially and adversely affecting our financial condition and results of operations; a loss of revenue if defense and aerospace contracts are canceled or delayed; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs due to timing of customer forecasts; our inability to effectively manage or maintain evolving relationships with platform providers; our ability to continue to innovate in a very competitive industry; underutilization of manufacturing facilities as a result of industry overcapacity; unfavorable changes in interest rates, pricing of certain precious metals, utility rates and foreign currency exchange rates; our acquisitions and other strategic investments failing to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; warranty claims, product recalls and product liability; changes in our effective tax rate; changes in the favorable tax status of certain of our subsidiaries; enactment of international or domestic tax legislation, or changes in regulatory guidance; risks associated with environmental, health and safety regulations and climate change; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches and other similar disruptions compromising our information; theft, loss or misuse of personal data by or about our employees, customers or third parties; provisions in our governing documents and Delaware law may discourage takeovers and business combinations that our stockholders might consider to be in their best interests; and volatility in the price of our common stock. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.

 


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Financials (USD)
Sales 2023 4 549 M - -
Net income 2023 861 M - -
Net Debt 2023 572 M - -
P/E ratio 2023 13,3x
Yield 2023 -
Capitalization 10 832 M 10 832 M -
EV / Sales 2023 2,51x
EV / Sales 2024 2,18x
Nbr of Employees 8 900
Free-Float 99,5%
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Last Close Price 102,16 $
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Robert A. Bruggeworth President, Chief Executive Officer & Director
Grant A. Brown Chief Financial Officer
Ralph G. Quinsey Chairman
Todd Gillenwater Chief Technology Officer & VP-Engineering
Paul J. Fego Vice President-Global Operations
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