QRVO Qorvo Inc.

Qorvo® Expands Cellular IoT Portfolio

Qorvo® Expands Cellular IoT Portfolio

Cellular IoT partnership with Nordic Semiconductor enables always-on global connectivity for new wave of battery-powered devices

GREENSBORO, N.C., Jan. 06, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced it is expanding its IoT portfolio with two RF front-end (RFFE) modules that support the NB-IoT and LTE-M cellular standards. Featuring the industry’s smallest integrated dual-band module, Qorvo’s expanded portfolio accelerates global connectivity by helping manufacturers add cellular IoT capability to a range of new devices.

Qorvo has partnered with Nordic Semiconductor to develop cellular IoT solutions using Qorvo’s RFFE modules. Svein-Egil Nielsen, Chief Technology Officer at Nordic Semiconductor, said, “We are very impressed by the features and performance of Qorvo’s new modules. With their high integration level, extensive band coverage, and support for both NB-IoT and LTE-M, they enable truly global products—while providing industry-leading power consumption and robust design margins.”

Eric Creviston, president of Qorvo Mobile Products, said, “The NB-IoT and LTE-M standards usher in a new era of always-on global connectivity for a massive number of devices, including applications that weren’t previously feasible. Minimizing RF solution size and power consumption are critical for this new wave of battery-powered devices, many of which will be expected to provide years of unattended and maintenance-free operation.”

NB-IoT and LTE-M networks are quickly expanding worldwide. The Ericsson Mobility report estimates that the number of NB-IoT and LTE-M connections tripled during 2019 and will account for more than half of the almost 5 billion cellular IoT connections by 2025*. Operators have already launched more than 120 NB-IoT and LTE-M networks, according to the GSMA.

Leading manufacturers of IoT devices, including wearables, are designing products using Qorvo’s newest modules. In addition to compact size, both modules offer the industry’s lowest minimum operating voltage, allowing extended battery life in IoT devices.

Qorvo solutions that simplify the IoT’s toughest tech challenges will be on display at CES®2020 (#CES2020) in Las Vegas, Jan. 7-10, Sands Expo #43109. More information about the company’s IoT innovation can be found at

Qorvo Part #DescriptionSize
Integrated multi-band NB-IoT/LTE-M module with low-band and mid-band PAs, Tx/Rx filters, and switch supporting multiple transmit/receive paths 4 mm x 4 mm
Multi-band NB-IoT/LTE-M module with low-band and mid-band PAs and switch. Provides flexibility to add filters as required4 mm x 5 mm

For more information, see:



About Qorvo

Qorvo (NASDAQ:QRVO) makes a better world possible by providing innovative 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 our 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 to learn how Qorvo connects the world.

Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries.

*Ericsson Mobility Report: IoT Connections Outlook, November 2019

 



Investor Relations Contact:

Doug Delieto

VP, Investor Relations

W
 



Media Contact:

Alexis Mariani

Marketing Specialist



W



 

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; 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 acquisitions and other strategic investments, including our recent acquisitions of Active-Semi International, Inc. and Cavendish Kinetics Limited, 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. 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.

 

EN
06/01/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Qorvo Inc.

Qorvo, Inc. - September 2025 (LTM): Peer SNapshot

Compares key performance metrics against industry peers.

 PRESS RELEASE

Qorvo® Announces Fiscal 2026 Second Quarter Financial Results

Qorvo® Announces Fiscal 2026 Second Quarter Financial Results GREENSBORO, N.C., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company’s fiscal 2026 second quarter ended September 27, 2025. On a GAAP basis, revenue for Qorvo’s fiscal 2026 second quarter was $1.1 billion, gross margin was 47.0%, operating income was $157.7 million, and diluted earnings per share was $1.28. On a non-GAAP basis, gross margin was 49.7%, operating income was $252.6 million, and diluted earnings pe...

Moody's Ratings affirms Qorvo's Ba1 CFR; outlook remains positive

Moody's Ratings (Moody's) affirmed Qorvo, Inc.'s (Qorvo) Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba1 senior unsecured rating following the announcement that Qorvo entered into a definitive agreement to combine with Skyworks Solutions, Inc. (Skyworks) in a c...

 PRESS RELEASE

Qorvo® Announces Preliminary Fiscal 2026 Second Quarter Financial Resu...

Qorvo® Announces Preliminary Fiscal 2026 Second Quarter Financial Results GREENSBORO, N.C., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced preliminary financial results for Qorvo’s fiscal 2026 second quarter ended September 27, 2025. On a GAAP basis, preliminary financial results for Qorvo’s fiscal 2026 second quarter are revenue of $1.1 billion, gross margin of 47.0%, and diluted earnings per share of $1.28. On a non-GAAP basis, preliminary financial results are gross margin of 49.7%, and diluted ear...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch