RF Micro Devices, Inc. (RFMD), a developer of radio frequency integrated circuits, says that Orlando-based New Horizon Technologies International, a maker of disposable cell phones, is purchasing its power and driver amplifiers. Terms of the deal were not disclosed.

RFMD manufactures a wide variety of products for wireless devices, including phones, base stations and cable modems, among others.

In a recent report US Bancorp Piper Jaffray analyst Samuel May increased his rating on RFMD, citing “increased revenue visibility.”

“RFMD demonstrated positive signs of a return to growth in the March quarter, based on improved order activity in the handset and local area network end markets,” he wrote. “We believe that recent market share shifts and changing dynamics in the wireless component space have solidified RF Micro Devices’ market leadership.”

For the company’s fiscal year ending March 31 revenues increased 10 percent to $369.3 million and income totaled $35 million while net losses totaled $20.6 million. Shares of RFMD stock ranged in price from $13.40 to $37.50 during the last 52 weeks, and recently traded down, near $17.28. The company’s market capitalization totals $2.64 billion.

RF Micro Devices Web site: www.rfmd.com