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HILLSBORO, Ore., Feb 03, 2012 (BUSINESS WIRE) -- TriQuint Semiconductor, Inc. /quotes/zigman/55516/quotes/nls/tqnt TQNT +3.70% , a leading RF solutions supplier and technology innovator, today announced that its Foundry Services division is supporting start-up Sarda Technologies to bring a new line of high-efficiency DC-DC converter switches to the global marketplace. Sarda, a 'clean-tech' company based in Durham, North Carolina (USA), plans to offer cost-saving solutions for increasing efficiency and reducing component size in smartphones, mobile PCs and similar applications.
"Sarda Technologies is a good example of the innovative commercial and defense start-ups our Foundry Services division supports. Sarda is developing an impressive family of power semiconductors for high-volume applications," remarked VP and General Manager for Defense Products and Foundry Services, James L. Klein. "We offer a complete support system that enables a company's first-to-market strategies including best-in-class modeling, program management and applications engineering teams dedicated to customer success."
The global market demand for highly-efficient DC-DC switches for power converters is significant. According to the Darnell Group's December 2011 report*, the market is projected to grow from nearly 20 billion units in 2011 to just under 32 billion units in 2016, a 9.7% compound annual growth rate (CAGR); global revenue is expected to grow to $4.3 billion.
Power switching process technology currently utilized in DC-DC converters is not highly efficient. The switch is seen as an increasingly critical consumer electronics design element since power consumption dramatically impacts end-user product experiences. The higher efficiency, reduced size and cost-effectiveness of compound semiconductor-based technologies can be a definitive marketplace advantage.
Jeff Shepard, Darnell Group President said, "Sustained growth built on delivering improved DC-DC converters depends on innovative solutions. Sarda is a good example of a high tech company striving to deliver products that aim to meet these emerging requirements. TriQuint's ability to deliver proven, high-volume foundry services and direct experience manufacturing products for smartphones and mobile PC's can enable Sarda's market plans and growth."
"TriQuint's foundry business enables Sarda to quickly and cost-effectively develop a power semiconductor product line," said Bob Conner, Sarda's CEO and Co-Founder. "Sarda employs TriQuint's proven high-volume manufacturing processes to bring the performance advantages of compound semiconductors to cost-sensitive power electronics applications."
For more information about TriQuint Foundry Services, including high-efficiency and low-noise gallium arsenide (GaAs) processes and 0.25-micron gallium nitride (GaN) on SiC services, visit the foundry online, or register to receive product and foundry process updates and TriQuint's newsletter.
*Worldwide DC-DC Converter IC Forecasts: Applications, Amperages and Emerging Designs; December 2011; Darnell Group market report.
FORWARD LOOKING STATEMENTS This TriQuint Semiconductor, Inc. /quotes/zigman/55516/quotes/nls/tqnt TQNT +3.70% press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that forward-looking statements involve risks and uncertainties. The cautionary statements made in this press release should be read as being applicable to all related statements wherever they appear. Statements containing such words as 'leading', 'exceptional', 'high efficiency', 'key role', 'leading supplier', or similar terms are considered to contain uncertainty and are forward-looking statements. A number of factors affect TriQuint's operating results and could cause its actual future results to differ materially from any results indicated in this press release or in any other forward-looking statements made by, or on behalf of, TriQuint including, but not limited to: those associated with the unpredictability and volatility of customer acceptance of and demand for our products and technologies, the ability of our production facilities and those of our vendors to meet demand, the ability of our production facilities and those of our vendors to produce products with yields sufficient to maintain profitability, as well as the other "Risk Factors" set forth in TriQuint's most recent 10-Q report filed with the Securities and Exchange Commission. This and other reports can be found on the SEC web site, www.sec.gov . A reader of this release should understand that these and other risks could cause actual results to differ materially from expectations expressed / implied in forward-looking statements.
FACTS ABOUT TRIQUINT Founded in 1985, TriQuint Semiconductor /quotes/zigman/55516/quotes/nls/tqnt TQNT +3.70% is a leading global provider of innovative RF solutions and foundry services for the world's top communications, defense and aerospace companies. People and organizations around the world need real-time, all-the-time connections; TriQuint products help reduce the cost and increase the performance of connected mobile devices and the networks that deliver critical voice, data and video communications. With the industry's broadest technology portfolio, recognized R&D leadership, and expertise in high-volume manufacturing, TriQuint creates standard and custom products using gallium arsenide (GaAs), gallium nitride (GaN), surface acoustic wave (SAW) and bulk acoustic wave (BAW) technologies. The company has ISO9001-certified manufacturing facilities in the U.S., production in Costa Rica, and design centers in North America and Germany. For more information, visit www.triquint.com .
TriQuint: Connecting the Digital World to the Global Network(R)
FACTS ABOUT SARDA Sarda Technologies, Inc. is a fabless power semiconductor company based in Durham, NC (USA). Sarda's products are used in DC-DC voltage converters for portable, enterprise and consumer systems. Sarda's highly efficient power semiconductors reduce power loss, increase system performance and extend battery life while reducing system size, weight and cost.
SOURCE: TriQuint Semiconductor, Inc.
TriQuint Media Contact: TriQuint Semiconductor, Inc. Mark Andrews Strategic Marketing Communications Manager +1-407-884-3404 mark.andrews@tqs.com or TriQuint Foundry Services: TriQuint Semiconductor, Inc. Bryan Bothwell Strategy and Business Development Manager, +1-503-615-9375 bryan.bothwell@tqs.com or Sarda Technologies: Sarda Technologies, Inc. Bob Conner CEO, Co-Founder +1-919-757-6825 bconner@sardatech.com