Ltx (NASDAQ:LTXX)
Historical Stock Chart
From Jul 2019 to Jul 2024
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