Press Release 28 Jun 2021

GREENSBORO, NC, June 28, 2021 – Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced plans to fill 100 new highly-skilled engineering positions in Ireland to support its global ultra-wideband (UWB) product research and development in Dublin and Cork.  Qorvo expects to fill engineering positions over the next two years that span UWB radio system architecture and modelling, transceiver and baseband designs, power management, system on chip (SoC) integration, embedded software, physical design and IC characterization.

In early 2020, Qorvo completed its acquisition of Ireland-based Decawave, a pioneer in UWB and a leading provider of UWB solutions for mobile, automotive, and industrial and consumer IoT applications. The Decawave team is now a part of Qorvo Mobile Products.

The new jobs will be added to Qorvo’s operations in Dublin as well as a new UWB R&D design operation planned for Cork. The investment in UWB development will expand Qorvo’s presence in Ireland and increase its focus on next-generation technologies and products.

These efforts are supported by the Irish Government through IDA Ireland.

Leo Varadkar TD, Tánaiste & Minister for Enterprise, Trade and Employment, said, “I warmly welcome the news that Qorvo plans to further its investment here, with the creation of 100 new highly skilled engineering roles in Dublin and Cork. This is great news for both cities and demonstrates Qorvo’s continued commitment to Ireland. I wish the firm every success in this new chapter.”

William McFadden, Qorvo’s Senior Director of Engineering in Ireland, said, “As Qorvo’s development center for advanced UWB technology research, core standards (IEEE) and product development, with on-site lab and automated testing, this investment enables Qorvo to scale activities and capabilities to better serve UWB customers and applications.”

Eric Creviston, President of Qorvo Mobile Products, said, “As UWB adoption is accelerating across mobile, consumer, IoT and automotive markets, we are on the verge of the next big wave of innovation in wireless connectivity, much like Bluetooth was 20 years ago. Expanding our UWB operations in Ireland helps build on our technology leadership and expands Qorvo’s world-class team of UWB experts, while leveraging Ireland’s strong technology ecosystem.”

Martin Shanahan, CEO of IDA Ireland, said “This investment further enhances the reputation of the Irish semiconductor industry, adding to Ireland’s already strong reputation in microelectronics R&D.” 
For more information about Qorvo career opportunities, please visit qorvo.com/careers.

About Qorvo
Qorvo (Nasdaq: QRVO) makes a better world possible by providing innovative radio frequency (RF) solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise, and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks, and defense radar and communications. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.
Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries.

Media Contact: Alexis Mariani
Qorvo Mobile Products
W +1 336-678-5605
alexis.mariani@qorvo.com

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions, and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results; our substantial dependence on developing new products and achieving design wins; our dependence on a few large customers for a substantial portion of our revenue; a loss of revenue if contracts with the United States government or defense and aerospace contractors are canceled or delayed or if defense spending is reduced; the COVID-19 pandemic, which has and will likely continue to negatively impact the global economy and disrupt normal business activities, and which may have an adverse effect on our results of operations; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs due to timing of customer forecasts; our inability to effectively manage or maintain evolving relationships with platform providers; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; our ability to implement innovative technologies; underutilization of manufacturing facilities as a result of industry overcapacity; we may not be able to borrow funds under our credit facility or secure future financing; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; volatility in the price of our common stock; damage to our reputation or brand; fluctuations in the amount and frequency of our stock repurchases; our recent and future acquisitions and other strategic investments could fail to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches and other similar disruptions compromising our information; theft, loss or misuse of personal data by or about our employees, customers or third parties; warranty claims, product recalls and product liability; and risks associated with environmental, health and safety regulations and climate change. Many of the foregoing risks and uncertainties are, and will continue to be, exacerbated by the COVID-19 pandemic and any worsening of the global business and economic environment as a result. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.
 

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