RF Micro Devices forms Compound Semiconductor Group
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RF Micro Devices has announced the formation of a new business group, as part of an initiative to extend its compound semiconductor technologies into adjacent non rf growth markets.
The Compound Semiconductor Group (CSG) will operate alongside RFMD's Cellular Products and Multi-Market Products groups. The company forecasts the total available market for non rf applications addressed by the new business will exceed $1.5billion in 2015.
According to RFMD, the new group will focus on the development of high power and high performance products utilising the company's gallium nitride (GaN) and gallium arsenide (GaAs) process technologies. It will encompass RFMD's Power Electronics product line as well as its Foundry Services business unit. CSG will also include RFMD's New Technology Commercialization Centre with responsibility for new technology incubation.
The new group will be led by Bob Van Buskirk, currently president of RFMD's Multi-Market Products Group. Norm Hilgendorf, currently vice president of Corporate Development at RFMD, will become corporate vice president and president of RFMD's Multi-Market Products Group.
Bob Bruggeworth, president and ceo of RFMD, pictured, said: "The formation of RFMD's Compound Semiconductor Group adds an incremental layer of new opportunities to energise our future growth without materially impacting operating expenses. In our advanced technology organisations we have been exploring strategic opportunities to exploit our world class compound semiconductor expertise, and, with the formation of CSG, we have in place the leadership and organisation to capture incremental profitable revenue in high growth non rf markets."