Qorvo

Qorvo
Public
S&P 500 Component
Traded as NASDAQ: QRVO
Industry Wireless handsets, Base Station, Broadband Communications, Military, Foundry
Founded 2015
Headquarters Hillsboro, Oregon
Greensboro, North Carolina
Products GaAs, GaN, SAW filters, and BAW foundry services and components
Subsidiaries TriQuint Semiconductor
RF Micro Devices
Slogan "All Around You"
Website qorvo.com

Qorvo is an American semiconductor company that designs, manufactures, and supplies radio frequency systems and solutions for applications that drive wireless and broadband communications, as well as foundry services. The company, which trades on NASDAQ, was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015.[1][2] The headquarters for the company are in both Hillsboro, Oregon (home of TriQuint), and Greensboro, North Carolina (home of RFMD).[3]

Qorvo headquarters in Hillsboro, Oregon

History

Qorvo was created on January 1, 2015, with the merger of TriQuint Semiconductor and RF Micro Devices (RFMD).[1] In June 2015, the new company became a component of the S&P 500, replacing tobacco company Lorillard.[4] At the time of joining the S&P 500, Qorvo was valued at $12 billion.[4]

Name

Pronounced "kor-vo," the name is intended to reflect the "core technologies and innovations" the companies plan to enable following their combination. The name's first syllable is meant to evoke "chorus" – people (TriQuint and RFMD) working in unison, as well as "core" technology. The second syllable, "vo," is meant to indicate voyage or travel through air or space.[5]

References

  1. 1 2 Arcieri, Katie (January 2, 2015). "QRVO: Trading begins after merger between TriQuint and RF Micro". Triad Business Journal. Retrieved 4 January 2015.
  2. ↑ Spencer, Malia (September 18, 2014). "Qorvo, the company formerly known as TriQuint". Portland Business Journal. Retrieved 20 September 2014.
  3. ↑ Spencer, Malia (September 19, 2014). "TriQuint CEO: Qorvo to site its headquarters in Portland ... and in North Carolina (Photos)". Portland Business Journal. Retrieved 20 September 2014.
  4. 1 2 Rogoway, Mike (June 9, 2015). "Qorvo, Hillsboro chipmaker, will join S&P 500". The Oregonian/OregonLive. Retrieved 22 June 2015.
  5. ↑ Rogoway, Mike (September 18, 2014). "TriQuint, RFMD confirm new name: Qorvo". The Oregonian. Retrieved February 1, 2015.
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