Skyworks Solutions, Inc. (NASDAQ:SWKS), an innovator of high
reliability analog semiconductors enabling a broad range of end
markets, today announced that it has been named to the Boston
Globe’s list of top performing public companies in Massachusetts
for the fourth consecutive year. The Globe 100 ranking, which is
now in its 24th year, is based on several financial factors
including year-over-year revenue growth and profit margin, as well
as return on average equity. For the first time in three years, the
Globe 100 list features 100 companies. In 2010 and 2011, less than
100 companies qualified given the impact of the recession.
“The positive momentum we are seeing in the economic recovery is
illustrated by the Globe 100 returning to full strength,” said
Shirley Leung, business editor at the Boston Globe. “It’s a
powerful testament to the resiliency of Massachusetts’
businesses.”
“Skyworks is delighted to once again be recognized as one of
Massachusetts’s most highly regarded and well performing
companies,” said David J. Aldrich, president and chief executive
officer at Skyworks. “In 2011, Skyworks made significant progress
towards solidifying our leadership position in analog semiconductor
solutions across a diverse set of applications. We are capitalizing
on consumers’ demand for mobile connectivity and are well
positioned to benefit from the explosive growth in
wirelessly-enabled platforms and services.”
About the Globe 100 Ranking Methodology
The Globe 100 ranks Massachusetts-based public companies based
on financial data from the four quarters ending December 31, 2011.
To be eligible, the company must be traded publicly for the entire
2011 calendar year on the New York Stock Exchange, the Nasdaq or
the American Stock Exchange and report revenue and profit for both
2010 and 2011. Companies are ranked on four criteria: return on
average equity, one-year percentage change in revenue, one-year
percentage change in profit margin and 2011 revenue. The rankings
may be seen at:
http://www.bostonglobe.com/business/specials/globe-100.
About The Boston Globe
The Boston Globe is wholly owned by the New York Times Company
(NYSE: NYT), a leading, global multimedia news and information
company with 2011 revenues of $2.3 billion, that includes The New
York Times, the International Herald Tribune, The Boston Globe,
NYTimes.com, BostonGlobe.com, Boston.com, About.com and related
properties. The Company's core purpose is to enhance society by
creating, collecting and distributing high-quality news,
information and entertainment.
About Skyworks
Skyworks Solutions, Inc. is an innovator of high reliability
analog semiconductors. Leveraging core technologies, Skyworks
offers high performance analog products supporting automotive,
broadband, cellular infrastructure, energy management, industrial,
medical, military, wireless networking, smartphone and tablet
applications. The Company’s portfolio includes amplifiers,
attenuators, circulators, detectors, diodes, directional couplers,
front-end modules, hybrids, infrastructure RF subsystems,
isolators, lighting and display solutions, mixers/demodulators,
optocouplers, optoisolators, phase shifters,
PLLs/synthesizers/VCOs, power dividers/combiners, power management
devices, receivers, switches and technical ceramics.
Headquartered in Woburn, Mass., Skyworks is worldwide with
engineering, manufacturing, sales and service facilities throughout
Asia, Europe and North America. For more information, please visit
Skyworks’ Web site at: www.skyworksinc.com.
Safe Harbor Statement
This news release includes "forward-looking statements" intended
to qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include without limitation information
relating to future results and expectations of Skyworks (including
without limitation certain projections and business trends).
Forward-looking statements can often be identified by words such as
"anticipates," "expects," "forecasts," "intends," "believes,"
"plans," "may," "will," or "continue," and similar expressions and
variations or negatives of these words. All such statements are
subject to certain risks, uncertainties and other important factors
that could cause actual results to differ materially and adversely
from those projected, and may affect our future operating results,
financial position and cash flows.
These risks, uncertainties and other important factors include,
but are not limited to: uncertainty regarding global economic and
financial market conditions; the susceptibility of the wireless
semiconductor industry and the markets addressed by our, and our
customers', products to economic downturns; the timing,
rescheduling or cancellation of significant customer orders and our
ability, as well as the ability of our customers, to manage
inventory; losses or curtailments of purchases or payments from key
customers, or the timing of customer inventory adjustments; the
availability and pricing of third party semiconductor foundry,
assembly and test capacity, raw materials and supplier components;
changes in laws, regulations and/or policies in the United States
that could adversely affect financial markets and our ability to
raise capital; our ability to develop, manufacture and market
innovative products in a highly price competitive and rapidly
changing technological environment; whether we are able to
successfully integrate Advanced Analogic Technologies’ operations;
economic, social and political conditions in the countries in which
we, our customers or our suppliers operate, including security and
health risks, possible disruptions in transportation networks and
fluctuations in foreign currency exchange rates; fluctuations in
our manufacturing yields due to our complex and specialized
manufacturing processes; delays or disruptions in production due to
equipment maintenance, repairs and/or upgrades; our reliance on
several key customers for a large percentage of our sales;
fluctuations in the manufacturing yields of our third party
semiconductor foundries and other problems or delays in the
fabrication, assembly, testing or delivery of our products; our
ability to timely and accurately predict market requirements and
evolving industry standards, and to identify opportunities in new
markets; uncertainties of litigation, including potential disputes
over intellectual property infringement and rights, as well as
payments related to the licensing and/or sale of such rights; our
ability to rapidly develop new products and avoid product
obsolescence; our ability to retain, recruit and hire key
executives, technical personnel and other employees in the
positions and numbers, with the experience and capabilities, and at
the compensation levels needed to implement our business and
product plans; lengthy product development cycles that impact the
timing of new product introductions; unfavorable changes in product
mix; the quality of our products and any remediation costs; shorter
than expected product life cycles; problems or delays that we may
face in shifting our products to smaller geometry process
technologies and in achieving higher levels of design integration;
and our ability to continue to grow and maintain an intellectual
property portfolio and obtain needed licenses from third parties,
as well as other risks and uncertainties, including, but not
limited to, those detailed from time to time in our filings with
the Securities and Exchange Commission.
These forward-looking statements are made only as of the date
hereof, and we undertake no obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise.
Note to Editors: Skyworks and Skyworks Solutions are trademarks
or registered trademarks of Skyworks Solutions, Inc. or its
subsidiaries in the United States and in other countries. All other
brands and names listed are trademarks of their respective
companies.
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