EXHIBIT 99.1

                           RF MICRO DEVICES ANNOUNCES
                        $200 MILLION PRIVATE OFFERING OF
                         CONVERTIBLE SUBORDINATED NOTES

         GREENSBORO,  N.C.,  June 25, 2003 -- RF Micro  Devices,  Inc.  (Nasdaq:
RFMD)  announced  today that it  intends  to offer,  subject to market and other
conditions,  $200 million of  Convertible  Subordinated  Notes due 2010 (plus an
additional amount of up to $30 million at the option of the initial  purchasers)
in a private placement.  The notes will be convertible into the Company's common
stock at the option of the holder, at a price to be determined.  The offering is
expected to close next week.

         The Company intends to use the net proceeds of the anticipated offering
for working  capital and other  general  corporate  purposes.  In addition,  the
Company may use a portion of the net proceeds to retire certain long-term debt.

         This  announcement is neither an offer to sell nor a solicitation of an
offer to buy any of these securities.

         The notes and the common stock  issuable  upon  conversion of the notes
have not been  registered  under the  Securities  Act of 1933,  as amended  (the
"Securities  Act"), or any state  securities laws, and are being offered only to
qualified  institutional  buyers in reliance  on Rule 144A under the  Securities
Act. Unless so registered,  the notes and common stock issued upon conversion of
the notes may not be offered or sold in the United States except  pursuant to an
exemption  from  the  registration   requirements  of  the  Securities  Act  and
applicable state securities laws.


         This press release contains forward-looking  statements relating to the
company's plans, objectives and estimates.  The company's business is subject to
numerous risks and  uncertainties,  including  fluctuations in operating results
and market  growth  rates,  wafer  fabrication  risks,  management of growth and
production yield variability.  These and other risks, which are described in the
company's  annual  report and other  filings  with the SEC,  could cause  actual
results to be  materially  different  from those  expressed  or implied by these
statements.


RF MICRO DEVICES(R) and RFMD(R) are trademarks of RFMD, LLC.


SOURCE RF Micro Devices, Inc.


CONTACT:
Doug DeLieto
Director of Investor Relations of RF Micro Devices, Inc.
+1-336-664-1233