News

25 February 2009

 

RFMD receives award from China’s Semiconductor Industry Association

At today’s 2009 China Semiconductor Market Conference, officials of the country's Ministry of Industry and Information Technology and its Semiconductor Industry Association presented RF Micro Devices Inc of Greensboro, NC, USA with an award for ‘Successful Enterprises/Most Promising Enterprises In China’s Semiconductor Market For 2009’. The award is in recognition of the firm's performance in 2008 (on the basis of analysis by Beijing-based CCID Consulting Co Ltd, an affiliate of the China Center for Information Industry Development).

The market analysis scored semiconductor enterprises against six indicators: market competitiveness, corporate growth, cooperation in applications, market promotion, technical support and growth potential.

RFMD’s operations in China include an assembly & test plant in Beijing, an R&D center in Shanghai, and sales and technical support offices in Beijing, Shanghai and Shenzhen. RFMD says that it provides customers in China a total solution from design, sales and customer service support (including field application engineering and failure/reliability analysis) to manufacturing and supply chain management. The firm claims that its broad presence in China enables shortened design and product introduction cycle times and rapid response to demand with localized supply chain management.

“We are sharply focused on servicing customers and platform providers in Greater China, and we are gratified to be recognized for our growing presence in the China semiconductor market,” says president & CEO Bob Bruggeworth.

CCID Consulting claims that success in the China market has become a decisive factor in measuring the business performance and growth potential of a semiconductor company. The Chinese semiconductor market is growing twice as rapidly as the global market, it is reckoned.

See related item:

RFMD generates $40m free cash flow; March quarter to be free cash flow positive

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