TriQuint Semiconductor Completes Expansion of Oregon Wafer Fabrication Facility
Hillsboro, OR. TriQuint Semiconductor, Inc. (Nasdaq:TQNT) announces the completion of the wafer fabrication facility expansion project in Hillsboro, OR. The expansion creates an additional 35% increase in the clean room area within the existing manufacturing complex. The additional clean room floor space is being used for the continued increase in production of 4" wafers and future conversion to 6" (150 mm) wafer manufacturing. The facility expansion was completed on budget and ahead of schedule by two months.
Commenting on the expansion, David Pye, TriQuint s Vice President of Operations stated, "This additional space gives us the flexibility to continue our production ramp, qualify the 150 mm process, and install the capacity to produce 150 mm wafers."
Installation of new wafer fabrication equipment in the additional space has already begun. It is expected that this equipment will be qualified and in production within four weeks.
This press release contains both historical information and forward-looking information. Numerous important factors affect the Company s operating results and could cause the Company s actual results to differ materially from the results indicated in this press release or in any other forward-looking statements made by, or on behalf of, the Company, and there can be no assurance that future results will meet expectations. Results could differ materially based on various factors, including the Company s performance and market conditions. Additional considerations and important risk factors are described in the Company s Report on Form 10-K and 10-Q filed with the Securities and Exchange Commission and the Company s Common Stock Offering Prospectus dated July 13, 1999, copies of which are available on request from the Company.
TriQuint Semiconductor, Inc. (Nasdaq:TQNT) is a leading worldwide supplier of a broad range of high performance gallium arsenide (GaAs) integrated circuits. TriQuint s products span the RF and millimeter wave frequency ranges and employ analog and mixed signal circuit designs. They are used in wireless communications, telecommunications, data communications and aerospace systems. TriQuint offers both standard and customer specific products as well as foundry services. TriQuint s two operations, in Oregon and Texas, are both certified to the ISO 9001 international quality standard.
TriQuint is headquartered at 2300 NE Brookwood Parkway, Hillsboro, OR 97124 and can be reached at 503/615-9000 (fax 503/615-8900). Visit the TriQuint website at http://www.triquint.com.
This press release contains both historical information and forward-looking information. Numerous important factors affect the Company s operating results and could cause the Company s actual results to differ materially from the results indicated in this press release or in any other forward-looking statements made by, or on behalf of, the Company, and there can be no assurance that future results will meet expectations. Results could differ materially based on various factors, including the Company s performance and market conditions. Additional considerations and important risk factors are described in the Company s Report on Form 10-K and 10-Q filed with the Securities and Exchange Commission and the Company s Common Stock Offering Prospectus dated July 13, 1999, copies of which are available on request from the Company.
Contact:
Fi.Comm (Investor Relations Counsel)
Heidi Flannery, 503/844-8888
heidi.flannery@ficomm.com
or
TriQuint Semiconductor, Inc.
David Pye, 503/615-9412
Fax, 503/615-8902
dpye@tqs.com
or
TriQuint Semiconductor, Inc.
Rob Hamilton, 503/615-9407
Fax, 503/615-8901
rhamilton@tqs.com
Fi.Comm (Investor Relations Counsel)
Heidi Flannery, 503/844-8888
heidi.flannery@ficomm.com
or
TriQuint Semiconductor, Inc.
David Pye, 503/615-9412
Fax, 503/615-8902
dpye@tqs.com
or
TriQuint Semiconductor, Inc.
Rob Hamilton, 503/615-9407
Fax, 503/615-8901
rhamilton@tqs.com
E-mail: rhamilton@tqs.com
Web site: http://www.triquint.com
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