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David Vye, MWJ Editor
David Vye is responsible for Microwave Journal's editorial content, article review and special industry reporting. Prior to joining the Journal, Mr. Vye was a product-marketing manager with Ansoft Corporation, responsible for high frequency circuit/system design tools and technical marketing communications. He previously worked for Raytheon Research Division and Advanced Device Center as a Sr. Design Engineer, responsible for PHEMT, HBT and MESFET characterization and modeling as well as MMIC design and test. David also worked at M/A-COM's Advanced Semiconductor Operations developing automated test systems and active device modeling methods for GaAs FETs. He is a 1984 graduate of the University of Massachusetts at Dartmouth, with a concentration in microwave engineering.
TriQuint Reports Q1 2009 earnings
Highlights from the quarter included:
* Revenue for the first quarter was $118.9 million, up 7% from Q1’08
* Inventory was reduced $19.8 million from the fourth quarter of 2008
* Book to bill ratio for the quarter was 1.14
* Honored by Intel Corporation with its 2008 Preferred Quality Supplier award
* Achieved cumulative shipments of more than a half billion total RF modules
* Introduced the market’s first SMT device for 40Gb/s optical communications
* Unveiled TRIUMF™, 3G/4G converged mobile solution
* First design win for TriPower™ – Next generation infrastructure RF power solution
* Fulfilled initial production orders of GaAs and BAW devices for multi-nation F-35 Joint Strike Fighter
Commenting on the results for the quarter ended March 31, 2009, Ralph Quinsey, President and Chief Executive Officer, stated “The global economic downturn prompted lower inventory at our customers and very low factory utilization in Q1. We are now seeing signs of inventory normalization in some of our markets which should translate into stronger demand in the coming months."
Quinsey also commented that, "Market strength in smart-phones, the acquisition of WJ Communications and positive momentum in major military programs contributed to our year over year growth.”