Norwood, MA (01/20/2012) - Analog Devices, Inc. (NYSE: ADI), a global leader in high-performance semiconductors for signal processing applications, today announced that Robert Yung has joined the company as vice president, strategy and corporate development, reporting to Jerald G. Fishman, president and chief executive officer. This new role was created to widen the reach of ADI’s existing technology, explore new areas of signal processing technology, and uncover new markets and applications where the company can apply these technologies to accelerate its overall growth rate over the next five years.

 

Mr. Yung joins ADI with an impressive resume in technology and emerging market development. Most recently, he served as chief technology officer (CTO) of Tessera Technologies and of PMC Sierra. Prior, he was a lead architect in Sun Microsystems’ UltraSPARC microprocessor program and served as the company’s CTO in Asia. Mr. Yung also worked for Intel serving as its CTO in China as well as CTO of the Intel Communication Group and Intel Enterprise Processor Group. He was a founder and partner of GSR Ventures, which specializes in providing equity funding of early stage technology in semiconductors, wireless, and Internet services. Mr. Yung received his Ph.D. in Electrical Engineering from the University of California at Berkeley.

 

Mr. Yung was named to the National Committee of U.S.-China Relations as a Fellow during the inaugural Young Leader Forum in 2002. In 2000, he was named to the World Economic Forum's “Top 100 Global Leaders for Tomorrow,” in Davos, Switzerland. Mr. Yung’s strong technical background, semiconductor experience, global network, and leadership skills make him well-suited for this new role.

 

About Analog Devices

Innovation, performance, and excellence are the cultural pillars on which Analog Devices has built one of the longest standing, highest growth companies within the technology sector. Acknowledged industry-wide as the world leader in data conversion and signal conditioning technology, Analog Devices serves over 60,000 customers, representing virtually all types of electronic equipment. Analog Devices is headquartered in Norwood, Massachusetts, with design and manufacturing facilities throughout the world. Analog Devices is included in the S&P 500 Index.

 

This release may be deemed to contain forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among other things, our statements regarding expected market trends, technology advances, and growth rates, that are based on our current expectations, beliefs, assumptions, estimates, forecasts, and projections about the industry and markets in which Analog Devices operates. The statements contained in this release are not guarantees of future performance, are inherently uncertain, involve certain risks, uncertainties, and assumptions that are difficult to predict, and do not give effect to the potential impact of any mergers, acquisitions, divestitures, or business combinations that may be announced or closed after the date hereof. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements, and such statements should not be relied upon as representing Analog Devices’ expectations or beliefs as of any date subsequent to the date of this press release. We do not undertake any obligation to update forward-looking statements made by us. Important factors that may affect future operating results include: sovereign debt issues globally, any faltering in global economic conditions and financial markets, erosion of consumer confidence and declines in customer spending, the effects of declines in customer demand for our products and for end products that incorporate our products, competitive pricing pressures, unavailability of raw materials or wafer fabrication, assembly and test capacity, any delay or cancellation of significant customer orders, changes in geographic, product or customer mix, inability to license third party intellectual property, inability to meet customer demand, adverse results in litigation matters, and other risk factors described in our most recent filings with the Securities and Exchange Commission.

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