Monday, January 30, 2012

RFaxis celebrates four-year anniversary by shipping four-millionth RFeIC

IRVINE, USA: RFaxis, a fabless semiconductor company focused on innovative, next-generation Radio Frequency (RF) solutions for the wireless connectivity and cellular mobility markets, celebrated two milestones: shipping four million units of its patented single-chip/single-die RF Front-end ICs (RFeIC) and its four-year anniversary.

“RFaxis was incorporated in January 2008, amidst one of the most severe global business downturns in history. At a time when almost every company in the world was either downsizing or going out of business, we started RFaxis. There were major economic doubts whether any startup could succeed, much less survive. Many experts in the RF field did not believe RFaxis could ever deliver a fully integrated single-chip/single-die RF Frond-End. The odds were stacked against us,” said Mike Neshat, chairman and CEO of RFaxis.

“Time has been our best judge, and our innovative corporate culture has silenced the critics. The shipment of our four-millionth RFeIC, which is being used in many products and serving several markets - from Wi-Fi to Smart Meters to Home Automation - is the best testimony of the tremendous value that RFaxis brings to the wireless ecosystem.”

For its pioneering work in bringing fresh ideas and major innovations to the global wireless and RF community, RFaxis has received several major awards since its inception, including the prestigious 2010 EE Times ACE Award for “Start-up of the Year,” EE Times “Silicon 60,” the 2011 Red Herring Top 100 North America Award, and the TechAmerica 18th Annual OC High-Tech Innovation Award.

“With Wi-Fi enabled devices projected to reach 2.6 billion annual shipments by 2016, and Internet of Things with up to 50 billion connections gradually becoming a natural part of consumer lifestyles and business operations, we firmly believe RFaxis’ pure CMOS RFeIC solutions are on solid path to becoming the next mainstream in RF, as we initially envisioned when started the company. In fact, based on our existing design wins and customers’ demand, we will be shipping in excess of 50 million RFeICs in 2012. Our goal is to beat this number as we win more sockets,” concluded Neshat.

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