RF MICRO DEVICES INC
424B4, 2001-01-04
SEMICONDUCTORS & RELATED DEVICES
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                                                Filed Pursuant to Rule 424(b)(4)
                                                      Registration No. 333-49432

                              Prospectus Supplement
                      To Prospectus dated December 19, 2000

                                  $300,000,000

                             RF Micro Devices, Inc.

                3.75% Convertible Subordinated Notes Due 2005 and
             the Common Stock Issuable Upon Conversion of the Notes

         This  prospectus  supplement  relates  to the  resale  by  the  selling
securityholders  of 3.75%  convertible  subordinated  notes due 2005 of RF Micro
Devices, Inc. and the shares of common stock, no par value, of RF Micro Devices,
Inc. issuable upon the conversion of the notes.

         This  prospectus  supplement  should  be read in  conjunction  with the
prospectus  dated  December  19,  2000,  which  is to  be  delivered  with  this
prospectus  supplement.  All  capitalized  terms  used  but not  defined  in the
prospectus supplement shall have the meanings given them in the prospectus.

         The table below sets forth information as of the date hereof concerning
beneficial  ownership  of the  notes of the  selling  securityholders  as listed
below. All information concerning beneficial ownership has been furnished by the
selling securityholders.
<TABLE>
<CAPTION>

                                                  Principal
                                                  Amount of
                                                   Maturity                         Number of
                                                   of Notes                         Shares of
                                                 Beneficially     Percentage       Common Stock      Percentage of
                                                  Owned that       of Notes        that May be        Common Stock
               Name                              May be Sold      Outstanding        Sold (1)       Outstanding (2)
 ----------------------------------              -----------      -----------        --------       ---------------

<S>                                               <C>                 <C>            <C>                   <C>
Credit Suisse First Boston Corporation(3)(4)      $8,150,000          2.7            180,769               *
5 World Trade Center
New York, NY 10048
Attn:  Reorg. Dept.

State of Oregon/SAIF Corporation                  $4,750,000          1.6            105,356               *
c/o Froley Revy Investment Co., Inc.
10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024

Minnesota Power Inc.(4)                            $750,000            *              16,635               *
30 W. Superior Street
Duluth, MN  55802

Vanguard Convertible Securities Fund, Inc.(4)
c/o Oaktree Capital Management, LLC                $240,000            *              5,323                *
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

State of Connecticut Combined Investment
Funds(4)                                           $220,000            *              4,879                *
c/o Oaktree Capital Management, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

Merrill Lynch, Pierce, Fenner and Smith, Inc.
101 Hudson Street, 10th Floor                      $200,000            *              4,436                *
Jersey City, NJ 07302

Chrysler Corporation Master Retirement
Trust(4)                                           $200,000            *              4,436                *
c/o Oaktree Capital Management, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

C&H Sugar Company, Inc.                            $185,000            *              4,103                *
c/o Froley Revy Investment Co., Inc.
10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024

Aloha Airlines Non-Pilots Pension Trust            $120,000            *              2,661                *
c/o Froley Revy Investment Co., Inc.
10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024

Hawaiian Airlines Pilots Retirement Plan           $110,000            *              2,439                *
c/o Froley Revy Investment Co., Inc.
10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024

State Employees' Retirement Fund of the State
of Delaware(4)                                     $100,000            *              2,218                *
c/o Oaktree Capital Management, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

OCM Convertible Trust(4)                           $95,000             *              2,107                *
c/o Oaktree Capital Management, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

Aloha Pilots Retirement Trust                      $70,000             *              1,552                *
c/o Froley Revy Investment Co., Inc.
10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024

Delta Air Lines Master Trust(4)                    $65,000             *              1,441                *
c/o Oaktree Capital Management, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

Hawaiian Airlines Employees Pension Plan - IAM
c/o Froley Revy Investment Co., Inc.               $55,000             *              1,219                *
10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024

Partner Reinsurance Company Ltd.(4)                $45,000             *               998                 *
c/o Oaktree Capital Management, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

Queen's Health Plan                                $40,000             *               887                 *
c/o Froley Revy Investment Co., Inc.
10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024

Motion Picture Industry Health Plan - Active
Member Fund(4)                                     $25,000             *               554                 *
c/o Oaktree Capital Management, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

Motion Picture Industry Health Plan - Retiree
Member Fund(4)                                     $10,000             *               221                 *
c/o Oaktree Capital Management, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, CA 90071

Hawaiian Airlines Pension Plan for Salaried                                                                *
Employees                                          $10,000             *               221
c/o Froley Revy Investment Co., Inc.
10900 Wilshire Blvd., Suite 900
Los Angeles, CA 90024

Any other holder of notes or future
transferee, pledgee, donee or successor
(5)(6)
    --------------
    *  Less than 1%

<FN>

    (1)  Assumes  conversion of all of the holder's notes at a conversion  price
of $45.085 per share of common stock.  However,  this  conversion  price will be
subject  to  adjustment  as  described  in  the  accompanying  prospectus  under
"Description of  Notes--Right of Conversion." As a result,  the amount of common
stock  issuable  upon  conversion  of the notes may  increase or decrease in the
future.

    (2)  Calculated  based  on  Rule  13d-3(d)(i)  of  the  Exchange  Act  using
162,340,816  shares of common  stock  outstanding  as of  December  1, 2000.  In
calculating  this  amount,  we  treated as  outstanding  the number of shares of
common stock issuable upon conversion of all of that particular  holder's notes.
However, we did not assume the conversion of any other holder's notes.

    (3)  Selling  securityholder or an affiliate has acted as an underwriter for
an issuance of our securities within the past three years.

    (4)  The  amounts  presented herein are in addition to those reported by the
selling securityholder in the accompanying prospectus dated December 19, 2000.

    (5)  Information  about other selling  security holders will be set forth in
additional prospectus supplements, if required.

    (6)  Assumes  that any other  holders of notes,  or any future  transferees,
pledgees,  donees or successors  of or from any such other holders of notes,  do
not  beneficially own any common stock other than the common stock issuable upon
conversion of the notes at the initial conversion rate.
</FN>
</TABLE>

                              --------------------

INVESTING IN THE SECURITIES OFFERED HEREBY INVOLVES A HIGH DEGREE OF RISK. SEE
"RISK FACTORS" BEGINNING ON PAGE 6 OF THE ACCOMPANYING PROSPECTUS.

THE SECURITIES AND EXCHANGE COMMISSION AND STATE SECURITIES  REGULATORS HAVE NOT
APPROVED OR  DISAPPROVED  OF THESE  SECURITIES OR DETERMINED IF THIS  PROSPECTUS
SUPPLEMENT  OR  THE  ACCOMPANYING   PROSPECTUS  IS  TRUTHFUL  OR  COMPLETE.  ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

                              --------------------


           The date of this Prospectus Supplement is January 4, 2001.



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