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LTXX Ltx (MM)

1.79
0.00 (0.00%)
03 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ltx (MM) NASDAQ:LTXX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.79 0 01:00:00

LTX Announces X-Series Test System Selected by RDA Microelectronics

15/01/2008 2:00pm

Business Wire


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LTX Corporation (Nasdaq: LTXX), a leading provider of semiconductor test solutions, today announced that RDA Microelectronics has selected the X-Series test system for testing of its devices for 3G and 4G handset applications. RDA, a leading fabless RF IC company in China, will utilize the X-Series at its local subcontract test providers for a broad range of handset components, including TD-SCDMA and GSM transceivers, DVB-S tuners and FM tuners. LTX and RDA also announced that they have entered into a strategic agreement designed to allow close cooperation and collaboration between the companies. The agreement enables prioritized test program development and timely deployment of LTX X-Series test systems to RDA's manufacturing test suppliers to meet RDA's forecasted demand. “At RDA, we needed a test solution that we could count on to support our rapid growth and our broad product portfolio,” noted Vincent Tai, chief executive officer of RDA Microelectronics. “We chose the LTX X-Series because of its broad, flexible capabilities and its local availability for test development and production test at our subcontract test providers. In addition, the recent expansion of LTX’s operations in China was a critical factor in our decision. It clearly demonstrates LTX’s commitment to the region, and assures RDA that we will have the expert applications support we require as we advance our product offering and grow our business.” ABOUT RDA MICROELECTRONICS RDA Microelectronics was founded in April 2004 in Shanghai with funding from the world's premier Private Equity Fund - Warburg Pincus. With its headquarter in Shanghai and an Office in Beijing, RDA focus in development and marketing of RF ICs. After two years' rapid growth and concentrated development efforts, RDA has become the leading RF IC company in China. ABOUT LTX LTX Corporation (Nasdaq: LTXX) is a leading supplier of test solutions for the global semiconductor industry. LTX’s X-Series, the industry’s most comprehensive family of production-proven, compatible test systems, delivers a scalable solution that provides the right test performance and the right cost of test. Combined with LTX’s industry-leading applications engineering and customer service teams, the X-Series enables companies to accelerate their time to market, optimize test economics and stay ahead of the technology curve. Additional information can be found at www.ltx.com. LTX is a registered trademark and enVision is a trademark of LTX Corporation. All other trademarks are the property of their respective owners. www.ltx.com

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