DALLAS, Oct. 5, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring semiconductor company RF Micro Devices Inc. (Nasdaq:RFMD). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on RF Micro Devices, Inc. (Nasdaq:RFMD) should be of particular interest to comparable companies: Taiwan Semiconductor Man. (NYSE:TSM), Broadcom Corp (Nasdaq:BRCM), Marvell Technology Group. (Nasdaq:MRVL) and United Microelectronics Corp. (NYSE:UMC).
The report is available at: http://www.beaconequity.com/i/RFMD
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RF Micro Devices Inc. (RFMD) designs and manufactures radio frequency components and compound semiconductors. The Company's products provide connectivity and support functionality in the cellular handset, wireless infrastructure, wireless local area network, cable television/broadband and aerospace, and defense markets. RFMD manufactures gallium arsenide-based compound semiconductors. It accesses silicon, silicon germanium and other technologies through various foundries.
In the report, the analyst notes:
"Global semiconductor sales rose 5% in August sequentially, helped by a continuing recovery in consumer spending, incentive programs for energy-efficient products and growing sales of notebooks, the Semiconductor Industry Association said. The Association said worldwide sales of semiconductors in August were $19.1 billion, compared with $18.2 billion in July, marking a sixth consecutive month of sequential growth. Analysts said the August figures met their expectations, and that they expect the semiconductor companies to have delivered a strong performance in September as well.
"RFMD successfully completed the process qualification of its high power GaN HEMT and announced the formation of its GaN Foundry Services business unit in June 2009. RFMD's GaN Foundry Services business unit was established to supply RFMD's high-reliability, high-performance and price-competitive GaN semiconductor technology into multiple RF power markets. To date, several leading customers are preparing designs using RFMD's GaN process design kit in anticipation of RFMD's initial multi-project GaN wafer runs, scheduled for October 2009."
To read the entire report visit: http://www.beaconequity.com/i/RFMD
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