8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

November 29, 2006

TriQuint Semiconductor, Inc.

(Exact name of registrant as specified in its charter)

Delaware	000-22660	95-3654013
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2300 N.E. Brookwood Parkway

Hillsboro, Oregon 97124

(Address of principal executive offices, including zip code)

(503) 615-9000

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure

On November 29, 2006, TriQuint Semiconductor, Inc. (“TriQuint” or the “Company”) hosted an analyst day in New York at 1:00 p.m. EST. The event was previously announced in a press release issued by the Company on November 21, 2006 in which the Company indicated that portions of the event would be made available by webcast on the Company’s website, www. Triquint.com/investors/events. The event included an opening presentation by Ralph Quinsey, TriQuint’s President and Chief Executive Officer, and was followed by smaller group sessions led by the Company’s executives, which reviewed developments and future trends in the military, handset, base stations and broadband markets. However, on December 1, 2006, TriQuint learned that due to technical problems, the webcast failed and was not available to the public and the event was not recorded and cannot be made available for replay. The Company is therefore providing a copy of the slides that were used in the presentations, which are furnished hereto as Exhibit 99.1 and are incorporated herein by reference.

The information in this Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No.	Description
99.1	Analyst Day Slide Presentation given by TriQuint Semiconductor, Inc. on November 29, 2006

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TRIQUINT SEMICONDUCTOR, INC.
By:	/s/ STEPHANIE J. WELTY
	Stephanie J. Welty
	Chief Financial Officer

Date: December 4, 2006

EXHIBIT INDEX

Exhibit No.	Description
99.1	Analyst Day Slide Presentation given by TriQuint Semiconductor, Inc. on November 29, 2006

EX-99.1

November 2006

Connecting

the

Digital

World

to

the

Global

Network

TM

Exhibit 99.1

2

Safe Harbor

This presentation contains forward-looking statements made pursuant to the Safe Harbor provisions of

the Private Securities Litigation Reform Act of 1995. Participants are cautioned that forward-looking

statements such as statements of TriQuint’s projected revenue, operating results and projected earnings

per share, projected revenue from new products, and projections relating to our end markets involve risks

and uncertainties. A number of factors affect TriQuint's operating results and could cause its actual future

results to differ materially from any results indicated in this presentation or in any other forward-looking

statements made by, or on behalf of TriQuint, including those related to its respective markets, the demand

for its components for applications such as wireless communications, broadband, base stations and

military, risks associated with new product introductions, the demand for products utilizing SAW

technology, and the utilization and performance of its manufacturing facilities. TriQuint cannot provide any

assurance that future results will meet expectations.  Results could differ materially based on various

factors, including TriQuint’s performance and market conditions. In addition, historical information should

not be considered an indicator of future performance. Additional

considerations and important risk factors

are described in TriQuint's reports on Form 10-K and 10-Q under the headings “Factors that may affect

Future Results”

and other filings with the Securities and Exchange Commission. These reports can also be

accessed at the SEC web site, www.sec.gov.

The cautionary statements made in this presentation are applicable to all related statements wherever

they appear. Statements containing such words as “anticipates,”

“believes,”

“estimates,”

“expects,”

“hopeful,”

“intends,”

“plans,”

“projects,”

or similar terms are considered to contain uncertainty and are

forward-looking statements.  Participants in this presentation or subsequent readers of these slides should

understand that it is not possible to predict or identify all risk factors and should not consider the list to be

a complete statement of all potential risks and uncertainties.

3

Safe Harbor

•

This presentation contains forward looking

statements.

•

Actual results may differ materially from those

projected in the forward looking statement.

•

For a discussion of risk factors, see our most recent

SEC filing.

4

Investment Highlights

•

$4 billion market opportunity in 2008

•

Successful new strategy

–

Transmit module

–

WLAN

–

Standard products

–

Military R&D

•

Strong balance sheet

–

$154 million in cash net of convertible bond

•

Positive cash flow from operations

5

Statement of Operations

Q3 2006

Q2 2006

Revenue

103.3

96.3

Gross Profit %

31.8%

32.1%

Engineering, R&D

12.2

12.5

SG&A

13.4

14.5

Operating expense

25.6

27.0

Operating expense % of revenue

24.7%

28.0%

Net Income

8.1

5.6

Net Income % of revenue

7.8%

5.8%

Earnings per share (diluted)

–

including equity compensation charge

0.06

0.04

$ in millions, except EPS

6

Balance Sheet

Current Assets

Q3 2006

Q2 2006

Cash, cash equivalents and investments

370.5

375.7

Accounts receivable, net

59.9

57.8

Inventories, net

85.6

73.2

Other current assets

16.2

15.6

Total current assets

532.2

522.3

Investments in marketable securities

2.5

4.6

Property, plant & equipment, other, net

211.3

212.6

Total assets

746.1

739.5

Liabilities and Stockholders’

Equity

Current liabilities

Total current liabilities

284.7

280.7

Long term liabilities

3.9

3.7

Stockholders' equity

457.5

455.1

Total liabilities and stockholders' equity

746.1

739.5

Days' Sales Outstanding

53

55

Inventory Turns

3.3

3.6

$ in millions

7

Revenue History

$67.0

$67.9

$75.2

$84.7

$87.9

$96.3

$103.3

$0

$20

$40

$60

$80

$100

$120

Q1 05

Q2 05

Q3 05

Q4 05

Q1 06

Q2 06

Q3 06

8

History of Income from Continuing Operations

2006 presented as Non-GAAP for comparison with 2005.  

The impact of 123(R) expense is indicated for reconciliation to

GAAP results.

-7.8

-1.5

2.1

2.9

2.2

2.3

5.6

2.6

8.1

2.2

-8

-6

-4

-2

0

2

4

6

8

10

12

Q1 05

Q2 05

Q3 05

Q4 05

Q1 06

Q2 06

Q3 06

Income from Continuing Operations

FAS 123R Expense

9

Connecting

the

digital

world

to

the

global

network

®

Improving the performance and lowering the cost of our customer’s applications

What We Do

RF

Power

Filtering

Switching

TriQuint Core Competence

Digital

Semiconductors

and

Systems

10

Worldwide Facilities

Manufacturing, engineering, design and sales

Offshore manufacturing

Design centers

International sales and customer support

11

Curitel

•

•

Ericsson

•

•

•

•

Hittite

•

•

•

•

•

•

Kyocera

•

•

LG

•

•

Lockheed

•

•

Motorola

•

•

•

•

•

•

Nokia

•

•

•

•

Northrop Grumman

•

•

Philips

•

•

Raytheon

•

•

Samsung

•

•

•

•

Texas Instruments

•

•

ZTE

•

•

•

•

Base

Handset

Station

Broadband

Military

TriQuint’s Major Customers

Based on results for 2005

12

Q3 2006 Revenue by Business

Multiple market core competence creates a strong,

sustainable business –

the sum is greater than the parts

Handset –

49%

•

Partner with chipset suppliers, not

compete

•

Complete vertically integrated RF

front-end solution

•

High volume

•

High growth –

taking share

Military –

11%

•

High reliability

•

High market share

•

Technology feeder to

commercial products

Base Station –

16%

•

High quality & reliability

•

Technology leadership

Broadband –

24%*

•

Leading position via foundry

•

New standards ---> new opportunities

•

Feature migration to handsets over time

Based on actual results for Q3 2006

* Includes WLAN, satellite, GaAs optical components and other

13

Military Revenue

ECCM/

Comm

10.7%

Ground

Station

0.3%

Navigation

4.2%

Other

22.7%

R&D

21.3%

Radar

40.8%

Q3 2005

$11.9M

Q3 2006

$11.7M

Radar

50.0%

ECCM/

Comm

7.1%

Ground

Station

0.2%

Navigation

1.4%

Other

19.1%

R&D

22.2%

2% revenue decrease year over year

14

Q3 2006 Military Update

•

Military revenue

–

Up 7% quarter over quarter

–

Down slightly year over year

•

R&D Projects

–

GaN

for DARPA

–

SBand

high voltage GaAs

for the

Office of Naval Research

15

Base Station Revenue

CDMA

2.2%

GSM/GPRS/EDGE

40.9%

WCDMA

5.3%

Other

9.6%

Point to Point

41.9%

CDMA

7.1%

GSM/GPRS/EDGE

33.7%

WCDMA

5.0%

Other

17.5%

Point to Point

36.7%

Q3 2005

$14.9M

Q3 2006

$16.9M

13% revenue growth year over year

16

Q3 2006 Base Station Update

•

Base stations revenue

–

Overall

•

Up 13% quarter over quarter

•

Up 13% year over year

–

CDMA

•

Up over 100% quarter over quarter

•

Up 261% year over year

–

WCDMA

•

Up 66% quarter over quarter

•

Up 7% year over year

17

Broadband & Other Revenue

Wireless

LAN

37.4%

Standard

Products

30.5%

Optical

Networks

12.3%

Cable

8.9%

Satellite &

Space

10.9%

Wireless

LAN

29.0%

Standard

Products

33.0%

Optical

Networks

22.0%

Cable

7.0%

Satellite &

Space

9.0%

Q3 2005

$15.4M

Q3 2006

$24.9M

62% revenue growth year over year

18

Q3 2006 Broadband Update

•

Overall Revenue

–

Up 26% quarter over quarter

–

Up 52% year over year

•

GPS Revenue

–

Up 28% quarter over quarter

–

Up 109% year over year

•

Optical Revenue

–

Up 49% quarter over quarter

–

Up 188% year over year

•

WLAN Revenue

–

Up 41% quarter over quarter

–

Up 25% year over year

19

Handset Revenue

CDMA

70%

GSM

30%

CDMA

50%

GSM

39%

WCDMA/

EDGE

11%

WCDMA/

EDGE

0%

Q3 2005

$32.5 M

Q3 2006

$51.1 M

57% Handset revenue growth

20

Power Amplifier & Transmit Module Growth

Duplexers

14.9%

IF Filters

3.8%

Switches

5.4%

Mixers

1.8%

RF Filters

17.7%

Integrated

Products

20.1%

PA’s, PAM’s

&

Transmit Mod’s

16.9%

LNAs

& Other

0.5%

Receivers

19.0%

Duplexers

11.0%

IF Filters

1.0%

Switches

5.0%

Mixers

2.0%

RF Filters

17.0%

Integrated

Products

8.0%

LNAs

& Other

0.0%

Receivers

5.0%

Q3 2005

Q3 2006

370% revenue growth year over year

$5.5 M

$25.5 M

PA’s, PAM’s

&

Transmit Mod’s

50.7%

21

Q3 2006 Handset Update

•

CDMA

–

UP 10% quarter over quarter

–

Up 13% year over year

–

50% of handset revenue

•

GSM/GPRS

–

Down 7% quarter over quarter

–

Up 105% year over year

–

39% of handset revenue

•

WCDMA/EDGE

–

Flat quarter over quarter

–

Up from zero in Q2 2005 to 11% of handset revenue

•

Transmit module

–

Up 18% quarter over quarter

–

Up over 1600% year over year

–

Over 27% of handset revenue

•

Power amplifier modules

–

Up 23% quarter over quarter

–

Up 305% year over year

–

17% of handset sales

•

Foundry for handsets down

22

Partners Competitor Evolution

Base Band

Transceiver

RF Front End

Qualcomm

Philips –

KKR & SL

Infineon

Texas Instruments

Agere

Silicon Labs

Skyworks

RFMD

Anadigics

Renesas (Hitachi)

Freescale

EPCOS / Murata

ST Micro

TriQuint

PAM

Dup/Fil

Switch

Passive

ADI

Avago

–

KKR & SL

EMP

Modules w/TQNT GaAs

23

Guidance as of October 25, 2006

•

Q4 2006

–

Revenue $108M to $112M

–

GAAP EPS -

$0.05 to $0.07

–

Non-GAAP EPS -

$0.06 to $0.08

•

Not reiterated or confirmed

24

TriQuint Market and Competition

TriQuint is a major supplier of both active and passive technology

The long term trend favors companies with complete RF portfolios

due to RF

integration

Module

Skyworks

RFMD

Murata

Hittite

Eudyna

EPCOS

Avago

TriQuint

BAW

SAW

RF Switch

RF Power

Major competitors internal technology capabilities

Source: TriQuint Estimates

25

End Markets Are Stable

•

~ 6.25% CAGR Market growth

•

WLAN’s

growth pushes Networks up slightly at the expense of Handset

Handsets

68%

Networks

28%

Military

4%

Handsets

66%

Networks

30%

Military

4%

2006

2009

Source: TriQuint Estimates

26

TriQuint Shifts Towards Market Balance

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q3 2006

2009

Military

Networks

Handsets

TriQuint Market Revenue Mix

TriQuint revenues reflect the market mix

Handsets largest part of the market

Networks accelerates due to WLAN opportunities

27

TriQuint Emerges from the Pack in Handsets

2006

2009

•

TriQuint emerges as established number 3

•

3G & EDGE drive growth

•

Capitalizing on complete RF solution

•

Module integration leader

Source: TriQuint Estimates

TQNT

TQNT

28

TriQuint Is on Track to be Number 1 in Networks

2006

2009

•

TriQuint becomes market leader

•

WLAN/WiMAX

success -

MIMO

•

Standard products

•

Upside opportunity with BTS RF power

Source: TriQuint Estimates

TQNT

TQNT

29

TriQuint Maintains Number 1 Position in Military

2006

2009

•

TriQuint maintains market leadership

•

GaN

•

Phased array radar –

air, battlefield & sea

•

Advanced communications

Source: TriQuint Estimates

TQNT

TQNT

30

2008/2009 Target Financial Model

Revenue

100%

Cost of goods sold

60%

Gross profit %

40%

Engineering, R & D

13%

SG&A

12%

Operating income

15%

Interest income

1.5%

Income tax expense

0.5%

Net Income

16%

Non-GAAP

Revenue levels $160 -

$170M per quarter

Tax rate may begin to increase in 2009

31

2008/2009 Target Financial Model

•

Enablers

–

Scale & Size

-

$160-170M per quarter revenue to achieve model

–

Product mix

–

2008 growth in broadband & standard products. 

2009 and beyond expansion in military

–

Execution

–

margin improvement

–

Market

consolidation

–

technology

and

integration

requirements

will trim the competitive landscape

•

Risks

–

Execution

–

Aggressive price reductions

–

Disruptive technology

November 2006

Connecting

the

Digital

World

to

the

Global

Network

TM

2

CONFIDENTIAL & PROPRIETARY

Handsets: SAM (2003-2009)

$524

$520

$395

$380

$359

$356

$336

$1,065

$1,349

$1,104

$831

$627

$495

$420

$335.9

$630.7

$728.3

$826.9

$869.5

$21.7

$268.3

$459.4

$737.8

$954.1

$1,132.8

$26.4

$76.7

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

2003

2004

2005

2006

2007

2008

2009

WEDGE

EDGE

GSM

CDMA

3

CONFIDENTIAL & PROPRIETARY

Handset Integration Strategy

Integration

Silicon

Partner

TriQuint

Digital

Chip

TriQuint

Silicon

Partner

RF

Module

Technology

Wall

4

CONFIDENTIAL & PROPRIETARY

TriQuint designs and manufactures

all of the key components for RF modules

Full Focus on RF Front-end

5

CONFIDENTIAL & PROPRIETARY

900MHz Rx

2100MHz Rx

UMTS (PCS) Tx

1900MHz Rx

EDGE Low Band Tx

850MHz Rx

UMTS (850MHz) Tx

1800MHz Rx

UMTS (IMT2100) Tx

EDGE High Band Tx

WEDGE Architecture –

‘08/‘09

3-band UMTS + 4-band EDGE

6

CONFIDENTIAL & PROPRIETARY

Competitor B

6

6

1.4

mm

3

TQM7M4006

5

5

1.1

mm

3

Competitor A

6

6

1.2

mm

3

TriQuint

Leadership

7

CONFIDENTIAL & PROPRIETARY

1.76 GHz  1.95 GHz      2.14 GHz

Interferer

Tx

Rx

1.76 GHz  1.95 GHz      2.14 GHz

Interferer

Tx

Rx

Interferer

Interferer phone can

desensitize receiver of

WEDGE phone if switch

is not linear enough

WEDGE Switch Measurement Setup

ANT

GSM

Bands

WCDMA

Rx

WCDMA

Tx

GSM

Bands

WCDMA

Rx

WCDMA

Tx

1.76 GHz  1.95 GHz      2.14 GHz

Interferer

Tx

Rx

In a linear switch,

interferer does not

“hide”

receive

information

1.76 GHz  1.95 GHz      2.14 GHz

Interferer

Tx

Rx

In a linear switch,

interferer does not

“hide”

receive

information

1.76 GHz  1.95 GHz      2.14 GHz

Interferer

Tx

Rx

In a non-linear

switch, interferer

“hides”

receive

information

1.76 GHz  1.95 GHz      2.14 GHz

Interferer

Tx

Rx

In a non-linear

switch, interferer

“hides”

receive

information

8

CONFIDENTIAL & PROPRIETARY

6 x 6 GSM Transmit Modules

+

Reduced

PCB Area

+

Fewer

External

Components

+

Simplified

Supply

Chain

XCVR

PA

FEM

XCVR

TxM

ESD

PA Power Control

Circuit and

Switch Decoder

GSM GPRS

Transceiver

Ant

TQM6M40xx

~50%

~50%

Area Savings

Area Savings

9

CONFIDENTIAL & PROPRIETARY

6 x 6 GSM Tx

Modules –

Market Acceptance

0,07

0,71

0,49

3,8

7,5

7,7

8

8,5

0

2

4

6

8

10

QI

05

QII

05

QIII

05

QIV

05

QI

06

QII

06

QIII

06

QIV

06

0,07

0,71

0,49

3,8

7,5

7,7

8

8,5

0

2

4

6

8

10

QI

05

QII

05

QIII

05

QIV

05

QI

06

QII

06

QIII

06

QIV

06

Over 20 million shipped to date

10

CONFIDENTIAL & PROPRIETARY

Motorola PA/Duplexer Modules

GaAs

PA

SAW Filter

RX BAW

TX BAW

GaAs

Detector

GaAs

PA

SAW Filter

SMD

COUPLER

SAW DUPLEXER

TQM613017 –

CELL PA/Duplexer

CDMA 2000 –

1XRTT

GaAs

PA

SAW Filter

RX BAW

TX BAW

GaAs

Detector

GaAs

PA

SAW Filter

SMD

COUPLER

SAW DUPLEXER

CDMA 2000 –

1XRTT

TQM663017 –

PCS PA/Duplexer

Motorola filter bank, Duplexer and Tri-Plexer

V-300

RAZR V3c

GSM

Filter Bank

V-600

CDMA

Duplexer and Tri-Plexer

RAZR

E-815

Tx

Modules

Motorola FOMA M702iG

SLVR L7c

KRZR K1m

Racer ic502

TQM6M4002

SGH-X150

SGH-D520

SGH-X156

SGH-D550

SGH-E910

Bang & Olufsen

“Serene”

SGH-X160

SGH-C400

SGH-C406

SGH-X168

SGH-D528

SGH-X166

TQM6M4002 (cont.)

KCM GM608

VK200

AWG BP118

AWG BP238

SGH-X500

SGH-X508

SGH-X200

SGH-X210

SGH-X510

SGH-X520

SGH-X660

TQM6M4003

ZTE A12+

ZTE A15

ZTE A16

LG KG119

LG KG118

Foxlink

MB501

(incl. 866560)

LG KG110

LG KG112

TQM7M4006

VK2000

VK4500

VK3100

VK4000

LG MG185

O2 Pantech U4000

(+890057 FEM)

TQM7M4006 (cont.)

Darts “Boston”

iMobile

902

(+1412 SAW)

Gigabyte

g-YoYo

(+1412 SAW)

DMobile

CKT 3369 = i-Mobile 610

(+1412 SAW)

AIZA Tech TC100G

Gigabyte

Nabi

+1412 SAW

TQM7M5003

SGH-Z310

SGH-ZX10

SGH-ZX20

(HSDPA)

SGH-Z400v

SGH-Z560

(HSDPA)

SGH-ZV50

(HSDPA)

SGH-Z550

SGH-Z610

SGH-i600

(HSDPA)

SGH-Z360

SGH-Z370

SGH-Z630

TQM7M5003 (cont.)

LG KU800

(W-CDMA

Chocolate)

HTC “Breeze”

HTC MTeoR

HTC “Hermes”

HTC TyTN

O2 XDA trion

MDA Vario

II

Siemens HSDPA

data cards

DC10, DC16

TQM7M5004

SGH-D820

SGH-T809

SGH-X700

SGH-T619

SGH-X700S

SGH-D820S

SGH-P906

SGH-T509

SGH-D828

SGH-E380

Samsung SGH-D820 (GSM/GPRS/EDGE)

QB (850/900/1800/1900)

TQM7M5004

TQM7M5004

LG LX-350

TriQuint SAW-Duplexer and

switch

KRZR K1m

Motorola M702iG

TQM676001

Racer (ic502)

Triplexer

2in1 Filter

TQM663017

SLVR L7c

TQM663017

2 GPS filters

& 2in1 filter

Connecting

the

Digital

World

to

the

Global

Network

TM

2

CONFIDENTIAL & PROPRIETARY

Networks Data Evolution

2010

1990

2.5G

2G

2000

2005

3G

GSM

GPRS

D-AMPS

1xRTT

IS-95 A

TD-SCDMA

1xEV-DV

IS-95 B

EDGE

WCDMA

1xEV-DO

PDC

4G

HSDPA/HSUPA

Some Flavor of OFDM System

•

3G LTE ”S3G”

•

Mobile WiMAX

Ericsson, Nokia/Siemens, NEC

•

Dominating WCDMA

•

Focusing on 3G LTE dev for 4G

•

Buying WiMAX

Motorola, Nortel, Lucent/Alcatel, Samsung

•

Losing the WCDMA race

•

Focusing on WiMAX for 4G

3

CONFIDENTIAL & PROPRIETARY

•

Technology wall changes for Networks markets based on silicon reach

•

Drive Front End module strategy in size constrained applications

•

Backfill with standard products in high linearity discrete applications

Baseband

Transceiver

Front End

Broadband

BTS

WLAN

WPAN

VSAT

Other

GPS

AUTO

WMAN

Tx

Discrete

Integ

?

Networks Strategy

4

CONFIDENTIAL & PROPRIETARY

Networks SAM (2005-2009)

BaseStation

Tier 1

BTS

WMAN

WLAN

Optical PMD

Std Prod

Tier 2

WPAN

Cable

COM SAT

GPS

AUTO

Tier 3

RFID

Tst Eq

Cordless

Medical

Broadband

Other

$0

$100

$200

$300

$400

$500

$600

$700

$800

$900

$1,000

2005

2006

2007

2008

2009

Base Station

Broadband

Emerging/Other Markets

5

CONFIDENTIAL & PROPRIETARY

Broadband Market

MAN

LAN

PAN

IEEE

802.16

WiMAX

IEEE 802.15

Bluetooth

IEEE

802.11

WiFi

WAN

SONET/SDH

OC-192

•

WAN

–

PMD growth opportunities

•

WMAN

–

Standardization gaining momentum

–

Major players investing –

Sprint /

Intel / Motorola / Samsung

–

12 vendors / 30 WiMax certified

products released

–

Global spectrum, IP and user

acceptance still barriers

•

WLAN

–

Desire for personal broadband

drives WLAN

–

802.11n  (MIMO) ratification still

outstanding

–

WLAN enabled mobile phones will

represent 10% of total handset

shipments by 2009

6

CONFIDENTIAL & PROPRIETARY

0

100

200

300

400

500

802.11b

19.9

21.7

24.5

25.0

23.0

802.11b/g 

109.2

119.0

128.7

142.5

191.2

802.11b/g MIMO

1.0

13.6

22.3

30.9

66.2

802.11a/b/g 

28.8

34.8

48.6

38.8

37.2

802.11a/b/g MIMO

0.5

2.0

17.0

88.9

111.5

2005

2006

2007

2008

2009

•

WLAN continues growing at a fast pace  

–

Number of chipsets doubles from 2005 –

2008

–

Available $ content per system increasing

•

MIMO effect: 2x -

3x PA, SW, LNA, RF

Filter content

–

802.11a/b/g/n: $3.12,

–

802.11a/b/g: $1.56,

–

802.11b/g/n: $0.90,

–

802.11b/g: $0.46,

–

802.11b: $0.39

WLAN Units by Standard

Strategy Analytics / TriQuint

7

CONFIDENTIAL & PROPRIETARY

WLAN Market by End Product

0.0

20.0

40.0

60.0

80.0

100.0

120.0

140.0

2005

2006

2007

2008

2009

Laptop

Adapter

AP Router

Game Console

Handset

Infotainment CE

Strategy Analytics / TriQuint

Current focus on laptops / Expanding to other applications

8

CONFIDENTIAL & PROPRIETARY

WLAN Evolution

•

Embedded

802.11abg laptop

•

MIMO adapters

Product Strategy

Technologies

Products

Key requirements evolve as market transitions from single mode to multi mode

Single function

MMIC’s, SAW’s

Dualband MMIC’s

Integrated FEM

Small FF Module

•

PA

•

LNA

•

Switch

•

IF Filter

•

DB LNA

•

DB SW

•

PA/SW/LNA MMIC

•

1x1 802.11abg FEM

•

PA/SW/LNA

•

Balun, Notch filter

•

Multiband

•

Multimode

•

WLAN, WiMAX

HBT, PHEMT

E/D PHEMT

SAW

E/D PHEMT

BAW

BAW

•

802.11abg MIMO

laptop

•

Dualmode VoIP

handsets

•

1

st

Gen WiFi +

WiMAX embedded

•

Multimode

•

Multimode, multi

band

•

UMPC

2006

2008

2007

2009

9

CONFIDENTIAL & PROPRIETARY

WiMAX Market Forecast:

Mobile WiMAX becomes dominant after 2008

Source TriQuint

10M Subscribers by 2010

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

Mobile WiMAX

0.00

0.04

0.48

1.32

4.61

6.92

Fixed WiMAX

0.22

0.53

0.77

1.60

3.09

4.45

Proprietary BWA

3.00

3.90

4.30

4.05

2.50

2.00

2005

2006

2007

2008

2009

2010

WiBro

included in Mobile WiMax

10

CONFIDENTIAL & PROPRIETARY

BWA / WiMAX –

Transition to “Personal Broadband”

E/D pHEMT

HFET

SAW

BAW

Key requirements evolve as market transitions from Fixed

Mobile

Technologies

Products

Product strategy

•

Multiband

•

Multimode

•

Integrated PA

•

LNA/Switch

•

RF & IF Filters

•

HPA

•

DB PA, LNA

•

Switch

•

IF Filters

•

HPA

•

PA, LNA

•

Driver

•

IF Filters

•

HPA

•

PA

•

IF Filters

SFF Modules

Integrated FEM

Dual Band

MMICs & SAWs

Single MMIC

& SAWs

Discrete

FET &

SAWs

11

CONFIDENTIAL & PROPRIETARY

Base Station Market

BTS –

Base Transceiver Station

BSC –

Base Station Controller

MSC –

Mobile Switching Center 

MS -

Mobile Subscriber

PSTN –

Public Switched Telephone Network

Transceiver and

Amplifier Modules

Point to Point

mmWave

Radio Link

Repeaters

Femtocells

13

CONFIDENTIAL & PROPRIETARY

Standard Products Initiatives

•

TriQuint has a proven history of developing standard

products

–

Foundry customers utilizing TriQuint process strength

–

>  6 GHz portfolio is world class

–

Long history of SAW std products

–

Packaging many die products

–

Opportunities to spin out more products for general

purpose

•

Marketing our entire portfolio to the masses

•

Sales organization aligned to std products sales

•

Enhancing our distribution channels

Standard Product Selection Guide

Applications

•

Airborne radar

•

Shipboard radar

•

Radars for ground

vehicles

•

Satcom communication

systems

•

Handheld

communication systems

Phased-Array Radar

•

Battlefield Radar

–

Air-cooled radar for Marine Corps HMMVEE

–

Army battlefield radar (air-cooled)

–

Self-defense radar for armored vehicles

•

Airborne Radar

–

F22 now in production

–

Phased array radar retrofits for F18, F16, F15 retrofits, B2

–

JSF and Eurofighter

in development

–

UAV arrays in development

•

Shipborne radar

–

DDX Radars

–

Cobra Judy

Communications

•

JTRS Portable Radios

•

TTNT (Tactical Targeting Network Technology)

Satellites

•

Communications Links

–

Ku-

and Ka-band uplinks use TriQuint solid-state HPAs to replace

tubes

–

Phased-array downlinks use custom TriQuint chip sets

•

Space-based radar –

future concept

Signal

Processor

Receiver /

Exciter

>1000 T/R

Modules

RF/IF

Conversion/

Filtering

F/A-22 Raptor

The Battlefield of the Future

Lightweight phased-array radars and pervasive

communications links empower next generation warfare

JTRS

Handheld

Cluster 5

Evolving Radar Architecture

•

Additional complexity drives the need for a switch/filter matrix

module and

more highly integrated receivers

•

Multi-band radio transceivers have similar needs

UMTS (PCS) Tx

Switch/Filter

Matrix

>1000 T/R

Modules

Phased Array Radar or EW System with Channelized Receiver

Tx

Rx

Multiple

Receivers

Digital

Signal

Processing

Page  9

TGA2512 X-Band Low Noise Amplifier

TGA2517 16W X-Band HPA

TriQuint MMICs

(Monolithic Microwave Integrated Circuits)

TGP2103 5-bit X-Band Phase Shifter

TriQuint Technology Leadership

New Technology R&D

•

GaN

•

BAW

•

HV PHEMT

•

Millimeter-wave PHEMT and MHEMT

•

Packaging

Innovative Product Focus

•

Power amplifiers

•

Millimeter-wave MMICs

•

Switch/filter banks

Page  11

MMIC Technology Evolution

Frequency

Gallium Nitride

0

0.5

1

1.5

2

2.5

3

3.5

0

5

10

15

20

25

30

35

Frequency (GHz)

HV2

HV3/HV3S

EHV

std PHEMT

TGA4046

44-GHz 2W

HPA

HV GaAs PHEMT

Copper Bumps

Millimeter-wave Standard Products

Coupled Resonator Filter (CRF)

Piezoelectric

Coupling Layers

Isolation

Reflectors

Substrate

Piezoelectric

Cross Over

Electrodes

TriQuint SAW/BAW Filters Save Space

148.6mm ×

82.0mm ×

25.4mm

2.5mm ×

2.0 mm ×

0.76mm

Ceramic

Lumped Element

Cavity

BAW/SAW

33.02mm ×

22.35mm ×

10.16mm

44.45mm ×

12.7mm ×

10.16mm

Relative Size