(NASDAQ:RFMD) Stocks Climbs on Major Gallium Nitride (GaN) Milestones

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RF Micro Devices, Inc. (NASDAQ:RFMD) gapped up in morning session and jumped up 7.19% to $4.47.

A global leader in the design and manufacture of high-performance semiconductor components, today announced that RFMD(R) has qualified and released the RF3931, a 48-volt, 30-watt gallium nitride (GaN) unmatched transistor optimized for high power commercial and defense applications. The RF3931 is RFMD's first GaN product to achieve full product qualification, a process through which RF products are released by RFMD for mass production. Shipments of the RF3931 have commenced to multiple high power amplifier (HPA) manufacturers, and RFMD anticipates GaN shipments will increase significantly as new GaN products are introduced.

RF Micro Devices, Inc. (RFMD) designs and manufactures radio frequency (RF) components and compound semiconductors. The Company’s products provide connectivity and support functionality in the cellular handset, wireless infrastructure, wireless local area network (WLAN), cable television/broadband and aerospace, and defense markets.

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