SOURCE: The Bedford Report

The Bedford Report

July 29, 2011 08:16 ET

RF Micro Devices and Skyworks Solutions Show Promising Growth Potential

The Bedford Report Provides Equity Research on RF Micro Devices & Skyworks Solutions

NEW YORK, NY--(Marketwire - Jul 29, 2011) - Microelectronic makers have been showing steady growth over the last year as surging demand for tablet computers and smartphones continues to drive the top line. In addition, with the continuously growing "green movement," integrated circuit makers have begun using their semiconductor expertise to benefit the alternative energy sector. The Bedford Report examines the outlook for companies in the Semiconductor - Integrated Circuits Industry and provides investment research on RF Micro Devices, Inc. (NASDAQ: RFMD) and Skyworks Solutions, Inc. (NASDAQ: SWKS). Access to the full company reports can be found at:

www.bedfordreport.com/RFMD

www.bedfordreport.com/SWKS

David J. Aldrich, president and chief executive officer of Skyworks Solutions is upbeat going forward. "Our momentum is being driven by content growth and share gains within leading smart phones, tablets, gaming platforms, home automation systems and network infrastructure coupled with diversification into new vertical markets," he explains.

During the most recent quarter Skyworks Solutions unveiled the industry's first stand-alone, high-dynamic range power detectors for 3G and LTE smart phones and datacards.

The Bedford Report releases equity research on the Semiconductor - Integrated Circuits Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

In the company's fiscal fourth quarter, Skyworks expects to earn 53 cents per share, excluding items, on revenue of $400 million. For the third quarter, the company reported a net income of $51.5 million, or 27 cents per share, compared with $34.7 million, or 19 cents per share, last year.

Skyworks' competitor RF Micro Devices said earlier this week that its fiscal first-quarter net income fell 69 percent to $8.9 million, or 3 cents per share, compared with $28.3 million, or 10 cents per share, in the year-ago quarter.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

Contact Information