ABOUT MACOM
M/A-COM Technology Solutions Holdings, Inc. ( www.macom.com) is a leading supplier of high performance analog RF, microwave, millimeterwave and photonic semiconductor products that enable next-generation Internet and modern battlefield applications. Recognized for its broad catalog portfolio of technologies and products, MACOM serves diverse markets, including high speed optical, satellite, radar, wired & wireless networks, automotive, industrial, medical, and mobile devices. A pillar of the semiconductor industry, we thrive on more than 60 years of solving our customers' most complex problems, serving as a true partner for applications ranging from RF to Light.
Headquartered in Lowell, Massachusetts, M/A-COM Tech is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. M/A-COM Tech has design centers and sales offices throughout North America, Europe, Asia and Australia.
MACOM, M/A-COM, M/A-COM Technology Solutions, M/A-COM Tech, Partners in RF & Microwave, The First Name in Microwave and related logos are trademarks of MACOM. All other trademarks are the property of their respective owners.
For more information about MACOM, please visit www.macom.com; follow @MACOMtweets on Twitter; join MACOM on LinkedIn, or visit the MACOM YouTube Channel.
DISCLAIMER FOR NEW PRODUCTS:
Any express or implied statements in MACOM product announcements are not meant as warranties or warrantable specifications of any kind. The only warranty MACOM may offer with respect to any product sale is one contained in a written purchase agreement between MACOM and the purchaser concerning such sale and signed by a duly authorized MACOM employee, or, to the extent MACOM's purchase order acknowledgment so indicates, the limited warranty contained in MACOM's standard Terms and Conditions for Quotation or Sale, a copy of which may be found at: http://www.macom.com/support
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements based on MACOM management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include, among others, information concerning our stated business outlook and future results of operations, our anticipated successful commercialization and expansion of our Gallium Nitride on Silicon (GaN on Si) technology portfolio, future activities or trends, business strategies, competitive position, industry conditions, acquisitions and market opportunities. Forward-looking statements include all statements that are not historical facts and generally may be identified by terms such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "seeks," "should," "will," "would" or similar expressions and the negatives of those terms.
Forward-looking statements contained in this press release reflect
MACOM's current views about future events and are subject to risks,
uncertainties, assumptions and changes in circumstances that may cause
those events or our actual activities or results to differ materially
from those expressed in any forward-looking statement. Although MACOM
believes that the expectations reflected in the forward-looking
statements are reasonable, it cannot and does not guarantee future
events, results, actions, levels of activity, performance or
achievements. Readers are cautioned not to place undue reliance on these
forward-looking statements. A number of important factors could cause
actual results to differ materially from those indicated by the
forward-looking statements, including greater than expected dilutive
effect on earnings of our equity issuances, outstanding indebtedness and
related interest expense and other costs, the potential that the
expected rollout of fiber-to-the-home network technology or other new
network technology deployments in China and other geographies fails to
occur, occurs more slowly than we expect or does not result in the
amount or type of new business we anticipate, lower than expected demand
in any or all of our primary end markets or from any of our large OEM
customers based on seasonal effects, macro-economic weakness or
otherwise, indemnity claims related to or failure to realize the
projected benefits of our Automotive business divestment, our failure to
realize the expected economies of scale, lowered production cost and
other anticipated benefits of our previously announced GaN intellectual
property licensing program or InP laser production capacity expansion
program, the potential for defense spending cuts, program delays,
cancellations or sequestration, failures or delays by any customer in
winning business or to make purchases from us in support of such
business, lack of adoption or delayed adoption by customers and
industries we serve of GaN, InP lasers or other solutions offered by us,
failures or delays in porting and qualifying GaN or InP process
technology to our Lowell, MA fabrication facility or third party
facilities, lower than expected utilization and absorption in our
manufacturing facilities, lack of success or slower than expected
success in our new product development efforts, loss of business due to
competitive factors, product or technology obsolescence, customer
program shifts or otherwise, lower than anticipated or slower than
expected customer acceptance of our new product introductions, the
potential for a shift in the mix of products sold in any period toward
lower-margin products or a shift in the geographical mix of our
revenues, the potential for increased pricing pressure based on
competitive factors, technology shifts or otherwise, the impact of any
executed or abandoned acquisition, divestiture, joint venture, financing
or restructuring activity, the impact of supply shortages or other
disruptions in our internal or outsourced supply chain, the impact of
changes in export, environmental or other laws applicable to us, the
relative success of our cost-savings initiatives, the potential for
inventory obsolescence and related write-offs, the expense, business
disruption or other impact of any current or future investigations,
administrative actions, litigation or enforcement proceedings we may be
involved in, the potential loss of access to any in-licensed
intellectual property or inability to license technology we may require
on reasonable terms, the impact of any claims of intellectual property
infringement or misappropriation, which could require us to pay
substantial damages for infringement, expend significant resources in
prosecuting or defending such matters or developing non-infringing
technology, incur material liability for royalty or license payments, or
prevent us from selling certain of our products, and any failure in the
effectiveness of our internal control over financial reporting or
disclosure controls and procedures, as well as those factors described
in "Risk Factors" in MACOM's filings with the SEC, including its
Quarterly Report on Form 10-Q for the fiscal quarter ended July 3, 2015
as filed with the SEC on August 12, 2015. MACOM undertakes no obligation
to publicly update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise.
