RFMD Teams With NC State on $70 Million Department of Energy Power Electronics Development Award

RFMD Teams With NC State on $70 Million Department of Energy Power Electronics
Development Award

 - Plays Key Role in NC State-Led Team to Develop Power Electronics for
                   Next Generation Smart Energy in the U.S.

 -Will Receive Funding to Continue Development of Its Industry Leading
                       Gallium Nitride (GaN) Technology

GREENSBORO, N.C., Jan. 15, 2014 (GLOBE NEWSWIRE) -- RFMD (Nasdaq:RFMD), a
global leader in the design and manufacture of high-performance radio
frequency solutions, today announced that it will play a key role in
developing power electronics to support the next generation of clean energy in
the U.S. RFMD is a foundry and product design/development partner to North
Carolina State (NC State) University's Next Generation Power Electronics
Innovation Institute, which was awarded a 5-year $70 million contract from the
Department of Energy to lead next generation power electronics manufacturing.
RFMD was one of four institute partners invited to meet U.S. President Barack
Obama at a ceremony to announce the contract award at NC State today at 1 p.m.
in Raleigh, N.C.

RFMD will offer open foundry services to support the NC State-led program and
help accelerate the development of key wide bandgap (WBG) semiconductor
products including RFMD's Gallium Nitride-(GaN-) based devices needed to
increase the reliability and efficiency of the next generation power grid.
Wide bandgap semiconductors offer a new opportunity to jumpstart the next
generation of smaller, faster, cheaper and more efficient power electronics
for personal devices, electric vehicles, renewable power interconnection,
industrial-scale variable speed drive motors and a smarter, more flexible
grid.

"This government-sponsored award underscores RFMD's commitment to technology
and product leadership and will benefit the entire power electronics industry
as it transitions to clean, more efficient energy," said RFMD President and
CEO Bob Bruggeworth. "The RFMD team is proud to play a key role in the
development of power electronic devices based on our leading GaN technologies
that will help provide economic and environmental benefits in the U.S. for
generations to come."

As NC State's device manufacturer and foundry partner, RFMD's role is to
transition current Gallium Nitride- (GaN-) on-silicon carbide technology to
6-inch GaN-on-silicon at the Company's wafer fab in Greensboro, N.C.Compared
to silicon-based power transistors, WBG semiconductors such as RFMD's
GaN-based devices deliver superior power density, improved power efficiency
and higher switching frequencies for next generation smart grid requirements.
According to industry analyst firm Strategy Analytics, the GaN
microelectronics market is expected to more than triple to$334 millionby
2017, representing a compound annual growth rate (CAGR) of 28%.

NC State's Next Generation Power Electronics Innovation Institute is the first
of three manufacturing innovation institutes established by the Obama
administration through a Federal commitment of $200 million across five
Federal agencies – Defense, Energy, Commerce, NASA, and the National Science
Foundation.The other two manufacturing innovation institutes, led by The
Department of Defense, will focus on 'Digital Manufacturing and Design
Innovation' and 'Lightweight and Modern Metals Manufacturing.'

A link to the White House statement is available via the following link:
http://www.whitehouse.gov/the-press-office/2014/01/15/president-obama-announces-new-public-private-manufacturing-innovation-in

About RFMD

RFMD(Nasdaq:RFMD) is a global leader in the design and manufacture of
high-performance radio frequency solutions. RFMD's products enable worldwide
mobility, provide enhanced connectivity, and support advanced functionality in
the mobile device, wireless infrastructure, wireless local area network (WLAN
or Wi-Fi), cable television (CATV)/broadband, Smart Energy/advanced metering
infrastructure (AMI), and aerospace and defense markets. RFMD is recognized
for its diverse portfolio of semiconductor technologies and RF systems
expertise and is a preferred supplier to the world's leading mobile device,
customer premises, and communications equipment providers. RFMD is an ISO
9001-, ISO 14001-, and ISO/TS 16949-certified manufacturer with worldwide
engineering, design, sales and service facilities. For more information,
please visit RFMD's web site atrfmd.com.

CONTACT: RFMD Contacts:
        
         Investors
         Doug DeLieto
         VP, Investor Relations
         336-678-7088
        
         Media
         Brent Dietz
         Director of Corporate Communications
         336-678-7935
         brent.dietz@rfmd.com

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