Market Overview

Qorvo® and LEEDARSON Launch Multi-Standard Smart Lighting Solutions for IoT

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Industry's first smart light bulb to combine Zigbee® 3.0/BLE 5.0 and Green Power efficiency

GREENSBORO, N.C., Aug. 30, 2018 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading provider of innovative RF solutions that connect the world, and LEEDARSON, a world-class lighting and IoT solutions company, have partnered to create a family of smart home lighting products that operate concurrently with Zigbee® 3.0 and Bluetooth Low Energy (BLE) 5.0 protocols – offering compatibility with the most popular IoT standards. The first of these solutions is a new LEEDARSON smart light bulb and light switch that integrates Qorvo's QPG6095 system-on-chip (SoC), a multi-protocol/multi-channel smart home communications controller for ultra-low-power wireless applications.

This new, smart light bulb will be demonstrated at the LEEDARSON booth during the IFA Consumer Electronics Unlimited show (#IFA2018) in Berlin, Aug. 31 through Sept. 5 (Hall 6.2 Booth 130), and in the Qorvo booth at IBC 2018 (#IBC2018) in Amsterdam (Hall 1 A50) Sept. 14-18.

According to IDC, the market for smart home lighting products is expected to grow from $1 billion in 2017 to $3.5 billion in 2022, a compound annual growth rate of 26%.

The Qorvo QPG6095 SoC advances the state of smart home networking by supporting different connectivity standards, including IEEE 802.15.4, Zigbee 3.0, Thread and BLE 5.0, for sensors and actuators throughout the home. This enables easy integration of multi-protocol use cases in IoT smart home devices, supporting simultaneous interactions with a BLE-enabled smartphone and the Zigbee network.

The QPG6095 is BLE 5.0 and Zigbee 3.0 platform and product certified, and Zigbee certified for Touchlink, for lighting applications. It also provides Green Power energy efficiency, extended range and battery life, and robust interference mitigation.

Luke Lin, president of IoT for LEEDARSON, said, "Qorvo's QPG6095 allows us to develop solutions that support multiple IoT protocols, enabling new use cases and applications in the lighting market. Its Green Power feature enables coin cell battery operation, offering a longer battery life of 10 years for light switches and smart home sensors. This greatly reduces cost and time spent by users replacing batteries." 

Cees Links, general manager of Qorvo's Wireless Connectivity business unit, said, "The QPG6095 is the only SoC to feature dynamic, multi-protocol support in an OS-independent, hardware-accelerated environment. It is a ready-to-use solution that helps OEMs reduce costs and development time, and enhance the speed at which they can respond to the changing needs of their customers. We are very pleased to be working with lighting and IoT innovator LEEDARSON to create new products for this fast-growing market."

Information about Qorvo solutions for this market is available at: www.qorvo.com/applications/internet-of-things. Qorvo's free e-book, Internet of Things for Dummies®, can be accessed here.

Qorvo's Wireless Connectivity business is a leading developer of wireless semiconductor system solutions for connected devices and Wi-Fi integrated front-end solutions. It offers a broad range of advanced RF chips and software for smart home data communications and the IoT.

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 www.qorvo.com to learn how Qorvo connects the world.

About LEEDARSON
LEEDARSON is a world-class lighting and IoT total solution provider. From being only a manufacturer of lighting products, LEEDARSON now also provides smart lighting sensors, gateways, smart accessories, app, cloud and solutions for smart home and building automation. Our products are widely used in residential, commercial and industrial applications. LEEDARSON launched smart lighting systems in 2011 and expanded its product portfolio into multi-protocol gateways, controllers, smart plugs and various sensors. We can provide various solutions for your smart home, from home automation to home security to home entertainment to smart lighting. Our powerful R&D team, located in Xiamen, Shenzhen and Taiwan, has experienced engineers and innovative designers. They help us stay on the cutting edge of technology and innovation. Our full-automated factory facilities, with numerous advanced equipment and experienced workers, manufacture over 55,000,000 pieces of lighting and IoT products per month.  As the Internet of Things grows and evolves, so will LEEDARSON as we continually push to exceed our customer's expectations. That's because we have a responsibility to our customers, and because at LEEDARSON, we build your success in IoT.

For more details, please visit www.leedarson.com/iot.php
Media contact: Iot@leedarson.com 

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



Investor Relations Contact:
Doug DeLieto
VP, Investor Relations
W +1-336-678-7088


Media Contact Wireless Connectivity:
Vanessa Gaté
Marketing Communications Specialist
vanessa.gate@qorvo.com
W +32-52-454439

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 the federal securities laws. Qorvo's business is subject to numerous risks and uncertainties, including variability in operating results, the inability of certain of our customers or suppliers to access their traditional sources of credit, our industry's rapidly changing technology, our dependence on a few large customers for a substantial portion of our revenue, our ability to implement innovative technologies, our ability to bring new products to market and achieve design wins, the efficient and successful operation of our wafer fabrication facilities, assembly facilities and test and tape and reel facilities, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, variability in manufacturing yields, industry overcapacity and current macroeconomic conditions, inaccurate product forecasts and corresponding inventory and manufacturing costs, dependence on third parties and our ability to manage channel partners and customer relationships, our dependence on international sales and operations, our ability to attract and retain skilled personnel and develop leaders, the possibility that future acquisitions may dilute our shareholders' ownership and cause us to incur debt and assume contingent liabilities, fluctuations in the price of our common stock, additional claims of infringement on our intellectual property portfolio, lawsuits and claims relating to our products, security breaches and other similar disruptions compromising our information and exposing us to liability, the impact of stringent environmental regulations, and the impact of integrating the businesses of RFMD and TriQuint. 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.

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