TriQuint预测射频市场不断增长 2010年总收入增长34%

总体而言，TriQuint在2010年的总收入和收益是有史以来最好的一次。我们的总收入实现了8.787亿美元；non-GAAP 也收益稳健，增长了2倍。2010年TriQuint没有负债，拥有2.24亿美元现金和投资。2010年我们在公司生产力以及为2011年能保持良好的增长率上做了大量投资。TriQuint相信2011年的总收入增长20%，并预计射频市场的需求量不断增长。

关于TriQuint公司

2010年，作为全球领先射频前端产品制造商，以及全球各大通信、防卫和航空航天公司的晶圆代工服务提供商，TriQuint Semiconductor (NASDAQ: TQNT) 迎来公司成立25周年华诞。全球企业组织和人员需要实时、始终保持连接。TriQuint产品有助于降低成本，提高互连移动设备以及话音、数据和视频通信网络的性能。凭借业内最为丰富的技术、研发优势和实现量产的生产工艺，TriQuint采用砷化镓（GaAs）、氮化镓（GaN）、声表面波（SAW）、声体波（BAW）技术，制造标准和定制产品。TriQuint在美国设有经ISO9001认证的工厂，并在哥斯达黎加设有工厂，在北美和德国设有设计中心。欲了解更多信息，请浏览公司网站：www.triquint.com 。

TriQuint Semiconductor, Inc (NASDAQ: TQNT), a leading RF solutions supplier and technology innovator, announces its financial results for the quarter and year ended December 31, 2010, including the following highlights:

• Revenue for the quarter was $253.4 million, up 7% from Q3'10 and 31% from Q4'09
• Revenue for the year was a record $878.7 million
• Mobile Devices quarterly revenue grew 12% from Q3'10 and 34% from Q4'09
• Networks revenue for Q4'10 grew 50% over Q4'09 and 2010 revenue grew 54% over 2009
• Non-GAAP Net Income for the quarter was $42.8 million, or $0.25 per diluted share, up nearly 90% from Q4'09
• Complete 3G RF front-end selected by Samsung for its popular Galaxy Tab and Galaxy S smartphone series
• Honored by Raytheon Space and Airborne Systems (SAS) with Supplier Excellence Award
• Released 77 GHz chipset portfolio used in Delphi Automotive motion detection products
• Nearly tripled our 40 Gb/s optical revenue and a key supplier to Europe's first 100 Gb/s optical data link
• Announced availability of first TRIUMF™ Multi-Mode Power Amplifier (MMPA) module

Commenting on the results for the quarter ended December 31, 2010, Ralph Quinsey, President and Chief Executive Officer, stated "TriQuint turned in record 2010 financial results growing revenue 34%. GAAP net income for the year grew almost 12 fold and non-GAAP earnings almost tripled. I am very pleased with the performance of the Company. With the world transitioning to a mobile Internet, I expect a strong market and see another solid growth year for TriQuint in 2011."

Summary Financial Results for the Quarter and Year Ended December 31, 2010:

Revenue for the fourth quarter of 2010 was $253.4 million, up 31% from the fourth quarter of 2009 and 7% sequentially. Revenue for 2010 was $878.7 million, up 34% from 2009. Networks continued to enjoy a strong rebound from the lows of 2009, with quarterly revenue growing 50% year over year. Mobile Devices showed robust growth, with quarterly revenue increasing 12% sequentially and 34% year over year.

Gross margin for the fourth quarter of 2010 was 39.0%, up from 37.4% in the fourth quarter of 2009. Gross margin for 2010 was 39.9%, up from 31.9% for 2009. On a non-GAAP basis, gross margin for the fourth quarter was 40.1%, up from 38.4% in the fourth quarter of 2009. Non-GAAP gross margin for 2010 was 41.0%, up from 33.0% for 2009.

Operating expenses for the fourth quarter of 2010 were $61.6 million, or 24% of revenue, up from $59.1 million in the previous quarter and $53.9 million in the fourth quarter of 2009. Operating expenses for 2010 were $234.7 million. Non-GAAP operating expenses for the quarter were $58.0 million or 23% of revenue. Non-GAAP operating expenses for 2010 were $221.0 million or 25% of revenue.

Net income for the fourth quarter of 2010 was $42.5 million, or $0.25 per diluted share. Net income for 2010 was $190.8 million or $1.17 per diluted share. Non-GAAP net income for the fourth quarter was $42.8 million, or $0.25 per diluted share. Non-GAAP net income for 2010 was $137.7 million, or $0.83 per diluted share. Please see the discussion of non-GAAP financial measures below and the attached supplemental schedule for a reconciliation of GAAP to non-GAAP financial measures.

Outlook:

The Company believes first quarter revenue will be between $215 million and $225 million. At the midpoint, this implies revenue growth of 22% over the first quarter of 2010. For the full year, the Company believes continued robust growth in demand should lead to revenue growth of about 20%. First quarter non-GAAP net income is expected to be between $0.14 and $0.16 per share. The Company is 91% booked to the midpoint of revenue guidance.

Additional Information Regarding December 31, 2010 Results:

GAAP and non-GAAP financial measures are presented in the tables below (in millions, except for percentage and per share information). Non-GAAP financial measures are reconciled to the corresponding GAAP financial measures in the financial statement portion of this press release.