Qorvo : Stockholders Approve All Proposals During 2017 Annual Meeting of Stockholders
August 08, 2017 at 12:05 pm EDT
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GREENSBORO, NC - August 8, 2017 - Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that all proposals at Qorvo's 2017 Annual Meeting of Stockholders were approved by the stockholders.
At the Annual Meeting, Qorvo's stockholders:
Elected 11 directors to serve a one-year term;
Approved, on an advisory basis, the compensation of the Company's named executive officers;
Reapproved the Company's 2012 Stock Incentive Plan, for purposes of Section 162(m) of the Internal Revenue Code of 1986, as amended; and
Ratified the appointment of KPMG LLP as Qorvo's independent registered public accounting firm for the fiscal year ending March 31, 2018.
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.
Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. All other trademarks are the property of their respective owners.
Qorvo Inc. published this content on 08 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 August 2017 16:04:07 UTC.
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Qorvo, Inc. specializes in the design, production and marketing of radio-frequency components and solutions. In particular, the group makes power amplifiers, embedded modules, selector switches, duplexers, power management devices, wireless connection solutions, frequency convertors, oscillators, couplers and optical components.
Net sales break down by activity as follows:
- mobile terminals and electronic devices (76.3%);
- defense and aeronautics equipment, network infrastructures (23.7%).
At the end of March 2022, the group had 7 production sites located in the United States (3), China (2), Costa Rica and Germany.
Net sales break down geographically as follows: the United States (41.5%), China (32.3%), Taiwan (7.4%), Asia (13.4%) and Europe (5.4%).