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Table\ue000 of\ue000 Contents
\ue000\ue000
UNITED\ue000 STATES
SECURITIES\ue000 AND\ue000 EXCHANGE\ue000 COMMISSION
Washington,\ue000 D.C.\ue000 20549
\ue000
\ue000
FORM\ue000 10-K
\ue000
x
Annual\ue000 Report\ue000 pursuant\ue000 to\ue000 Section\ue000 13\ue000 or\ue000 15(d)\ue000 of\ue000 the\ue000 Securities\ue000 Exchange\ue000 Act\ue000 of\ue000 1934
For\ue000 the\ue000 fiscal\ue000 year\ue000 ended\ue000 December\ue000 31,\ue000 2008
OR
\ue000
\u00ae
Transition\ue000 Report\ue000 pursuant\ue000 to\ue000 Section\ue000 13\ue000 or\ue000 15(d)\ue000 of\ue000 the\ue000 Securities\ue000 Exchange\ue000 Act\ue000 of\ue000 1934
For\ue000 the\ue000 transition\ue000 period\ue000 from\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000 to\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000
Commission\ue000 File\ue000 Number\ue000 000-31029-40
\ue000
\ue000
MICROTUNE,\ue000 INC.
(Exact\ue000 name\ue000 of\ue000 registrant\ue000 as\ue000 specified\ue000 in\ue000 its\ue000 charter)
\ue000
Delaware
\ue000
75-2883117
(State\ue000 or\ue000 other\ue000 jurisdiction\ue000 of
incorporation\ue000 or\ue000 organization)
\ue000
(I.R.S.\ue000 Employer
Identification\ue000 Number)
2201\ue000 10th\ue000 Street
Plano,\ue000 Texas
\ue000
75074
(Address\ue000 of\ue000 principal\ue000 executive\ue000 offices)
\ue000
(Zip\ue000 code)
Registrant\u2019s\ue000 telephone\ue000 number,\ue000 including\ue000 area\ue000 code\ue000 (972)\ue000 673-1600
\ue000
\ue000
Securities\ue000 registered\ue000 pursuant\ue000 to\ue000 Section\ue000 12(b)\ue000 of\ue000 the\ue000 Act:
Common\ue000 Stock,\ue000 $0.001\ue000 par\ue000 value\ue000 per\ue000 share
(Title\ue000 of\ue000 Class)
The\ue000 NASDAQ\ue000 Global\ue000 Market
(Name\ue000 of\ue000 Exchange\ue000 on\ue000 Which\ue000 Registered)
Indicate\ue000 by\ue000 check\ue000 mark\ue000 if\ue000 the\ue000 registrant\ue000 is\ue000 a\ue000 well-known\ue000 seasoned\ue000 issuer,\ue000 as\ue000 defined\ue000 in\ue000 Rule\ue000 405\ue000 of\ue000 the\ue000 Securities\ue000 Act.\ue000\ue000\ue000\ue000 Yes\ue000 \ue000\u00ae\ue000\ue000\ue000\ue000 No\ue000 \ue000x
Indicate\ue000 by\ue000 check\ue000 mark\ue000 if\ue000 the\ue000 registrant\ue000 is\ue000 not\ue000 required\ue000 to\ue000 file\ue000 reports\ue000 pursuant\ue000 to\ue000 Section\ue000 13\ue000 or\ue000 Section\ue000 15(d)\ue000 of\ue000 the\ue000 Exchange
Act.\ue000\ue000\ue000\ue000 Yes\ue000 \ue000\u00ae\ue000\ue000\ue000\ue000 No\ue000 \ue000x

Indicate\ue000 by\ue000 check\ue000 mark\ue000 whether\ue000 the\ue000 registrant\ue000 (1)\ue000 has\ue000 filed\ue000 all\ue000 reports\ue000 required\ue000 to\ue000 be\ue000 filed\ue000 by\ue000 Section\ue000 13\ue000 or\ue000 15(d)\ue000 of\ue000 the\ue000 Securities\ue000 Exchange Act\ue000 of\ue000 1934\ue000 during\ue000 the\ue000 preceding\ue000 12\ue000 months\ue000 (or\ue000 for\ue000 such\ue000 shorter\ue000 period\ue000 that\ue000 the\ue000 registrant\ue000 was\ue000 required\ue000 to\ue000 file\ue000 such\ue000 reports),\ue000 and\ue000 (2)\ue000 has\ue000 been subject\ue000 to\ue000 such\ue000 filing\ue000 requirements\ue000 for\ue000 the\ue000 past\ue000 90\ue000 days.\ue000\ue000\ue000\ue000 Yes\ue000 \ue000x\ue000\ue000\ue000\ue000 No\ue000 \ue000\u00ae

Indicate\ue000 by\ue000 check\ue000 mark\ue000 if\ue000 disclosure\ue000 of\ue000 delinquent\ue000 filers\ue000 pursuant\ue000 to\ue000 Item\ue000 405\ue000 of\ue000 Regulation\ue000 S-K\ue000 (\u00a7\ue000 229.405\ue000 of\ue000 this\ue000 chapter)\ue000 is\ue000 not
contained\ue000 herein,\ue000 and\ue000 will\ue000 not\ue000 be\ue000 contained,\ue000 to\ue000 the\ue000 best\ue000 of\ue000 registrant\u2019s\ue000 knowledge,\ue000 in\ue000 definitive\ue000 proxy\ue000 or\ue000 information\ue000 statements\ue000 incorporated
by\ue000 reference\ue000 in\ue000 Part\ue000 III\ue000 of\ue000 this\ue000 Form\ue000 10-K\ue000 or\ue000 any\ue000 amendment\ue000 to\ue000 this\ue000 Form\ue000 10-K.\ue000 \ue000x

Indicate\ue000 by\ue000 check\ue000 mark\ue000 whether\ue000 the\ue000 registrant\ue000 is\ue000 a\ue000 large\ue000 accelerated\ue000 filer,\ue000 an\ue000 accelerated\ue000 filer,\ue000 a\ue000 non-accelerated\ue000 filer,\ue000 or\ue000 a\ue000 smaller\ue000 reporting
company.\ue000 See\ue000 definition\ue000 of\ue000 \u201clarge\ue000 accelerated\ue000 filer,\u201d\ue000 \u201caccelerated\ue000 filer\u201d\ue000 and\ue000 \u201csmaller\ue000 reporting\ue000 company\u201d\ue000 in\ue000 Rule\ue000 12b-2\ue000 of\ue000 the\ue000 Exchange\ue000 Act.
\ue000
Large\ue000 accelerated\ue000 filer\ue000 \ue000\u00ae
\ue000\ue000
Accelerated\ue000 filer\ue000 \ue000x
Non-accelerated\ue000 filer\ue000 \ue000\u00ae \ue000 (Do\ue000 not\ue000 check\ue000 if\ue000 a\ue000 smaller\ue000 reporting\ue000 company)
\ue000\ue000
Smaller\ue000 reporting\ue000 company\ue000 \ue000\u00ae
Indicate\ue000 by\ue000 check\ue000 mark\ue000 whether\ue000 the\ue000 registrant\ue000 is\ue000 a\ue000 shell\ue000 company\ue000 (as\ue000 defined\ue000 in\ue000 Rule\ue000 12b-2\ue000 of\ue000 the\ue000 Exchange\ue000 Act).\ue000\ue000\ue000\ue000 Yes\ue000 \ue000\u00ae\ue000\ue000\ue000\ue000 No\ue000x

The\ue000 aggregate\ue000 market\ue000 value\ue000 of\ue000 the\ue000 registrant\u2019s\ue000 common\ue000 stock,\ue000 $0.001\ue000 par\ue000 value\ue000 per\ue000 share,\ue000 held\ue000 by\ue000 non-affiliates\ue000 of\ue000 the\ue000 registrant\ue000 on
June\ue000 30,\ue000 2008,\ue000 the\ue000 last\ue000 business\ue000 day\ue000 of\ue000 the\ue000 registrant\u2019s\ue000 most\ue000 recently\ue000 completed\ue000 second\ue000 fiscal\ue000 quarter,\ue000 was\ue000 approximately\ue000 $171.2\ue000 million\ue000 (based
on\ue000 the\ue000 closing\ue000 sales\ue000 price\ue000 of\ue000 the\ue000 registrant\u2019s\ue000 common\ue000 stock\ue000 on\ue000 that\ue000 date).\ue000 This\ue000 is\ue000 the\ue000 only\ue000 outstanding\ue000 class\ue000 of\ue000 common\ue000 stock\ue000 of\ue000 the\ue000 registrant.
Shares\ue000 of\ue000 the\ue000 registrant\u2019s\ue000 common\ue000 stock\ue000 held\ue000 by\ue000 each\ue000 executive\ue000 officer\ue000 and\ue000 director\ue000 and\ue000 each\ue000 person\ue000 known\ue000 to\ue000 the\ue000 registrant\ue000 to\ue000 own\ue000 10%\ue000 or
more\ue000 of\ue000 the\ue000 outstanding\ue000 voting\ue000 power\ue000 of\ue000 the\ue000 registrant\ue000 have\ue000 been\ue000 excluded\ue000 in\ue000 that\ue000 such\ue000 persons\ue000 may\ue000 be\ue000 deemed\ue000 to\ue000 be\ue000 affiliates.\ue000 This
determination\ue000 of\ue000 affiliate\ue000 status\ue000 is\ue000 not\ue000 a\ue000 determination\ue000 for\ue000 other\ue000 purposes.

As\ue000 of\ue000 February\ue000 13,\ue000 2009,\ue000 there\ue000 were\ue000 52,082,021\ue000 shares\ue000 of\ue000 the\ue000 registrant\u2019s\ue000 common\ue000 stock,\ue000 $0.001\ue000 par\ue000 value\ue000 per\ue000 share,\ue000 outstanding.
DOCUMENTS\ue000 INCORPORATED\ue000 BY\ue000 REFERENCE
Part\ue000 III\ue000 incorporates\ue000 by\ue000 reference\ue000 certain\ue000 information\ue000 from\ue000 the\ue000 registrant\u2019s\ue000 definitive\ue000 proxy\ue000 statement\ue000 (the\ue000 \u201cProxy\ue000 Statement\u201d)\ue000 for\ue000 the\ue000 2009
Annual\ue000 Meeting\ue000 of\ue000 Stockholders.
\ue000
\ue000\ue000
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Table\ue000 of\ue000 Contents
MICROTUNE,\ue000 INC.
FORM\ue000 10-K
YEAR\ue000 ENDED\ue000 DECEMBER\ue000 31,\ue000 2008
INDEX
\ue000
Item
\ue000\ue000 \ue000
\ue000\ue000Page
PART\ue000 I
ITEM\ue000 1.
\ue000\ue000Business
\ue000\ue000
4
ITEM\ue000 1A.\ue000\ue000Risk\ue000 Factors
\ue000\ue000
12
ITEM\ue000 1B.\ue000\ue000Unresolved\ue000 Staff\ue000 Comments
\ue000\ue000
34
ITEM\ue000 2.
\ue000\ue000Properties
\ue000\ue000
34
ITEM\ue000 3.
\ue000\ue000Legal\ue000 Proceedings
\ue000\ue000
34
ITEM\ue000 4.
\ue000\ue000Submission\ue000 of\ue000 Matters\ue000 to\ue000 a\ue000 Vote\ue000 of\ue000 Security\ue000 Holders
\ue000\ue000
34
PART\ue000 II
ITEM\ue000 5.
\ue000\ue000Market\ue000 for\ue000 Registrant\u2019s\ue000 Common\ue000 Equity,\ue000 Related\ue000 Stockholder\ue000 Matters\ue000 and\ue000 Issuer\ue000 Purchases\ue000 of\ue000 Equity\ue000 Securities
\ue000\ue000
35
ITEM\ue000 6.
\ue000\ue000Selected\ue000 Financial\ue000 Data
\ue000\ue000
37
ITEM\ue000 7.
\ue000\ue000Management\u2019s\ue000 Discussion\ue000 and\ue000 Analysis\ue000 of\ue000 Financial\ue000 Condition\ue000 and\ue000 Results\ue000 of\ue000 Operations
\ue000\ue000
38
ITEM\ue000 7A.\ue000\ue000Quantitative\ue000 and\ue000 Qualitative\ue000 Disclosures\ue000 About\ue000 Market\ue000 Risk
\ue000\ue000
57
ITEM\ue000 8.
\ue000\ue000Financial\ue000 Statements\ue000 and\ue000 Supplementary\ue000 Data
\ue000\ue000
57
ITEM\ue000 9.
\ue000\ue000Changes\ue000 in\ue000 and\ue000 Disagreements\ue000 with\ue000 Accountants\ue000 on\ue000 Accounting\ue000 and\ue000 Financial\ue000 Disclosure
\ue000\ue000
58
ITEM\ue000 9A.\ue000\ue000Controls\ue000 and\ue000 Procedures
\ue000\ue000
58
ITEM\ue000 9B.\ue000\ue000Other\ue000 Information
\ue000\ue000
59
PART\ue000III
ITEM\ue000 10.\ue000\ue000Directors,\ue000 Executive\ue000 Officers\ue000 and\ue000 Corporate\ue000 Governance
\ue000\ue000
60
ITEM\ue000 11.\ue000\ue000Executive\ue000 Compensation
\ue000\ue000
60
ITEM\ue000 12.\ue000\ue000Security\ue000 Ownership\ue000 of\ue000 Certain\ue000 Beneficial\ue000 Owners\ue000 and\ue000 Management\ue000 and\ue000 Related\ue000 Stockholder\ue000 Matters
\ue000\ue000
60
ITEM\ue000 13.\ue000\ue000Certain\ue000 Relationships\ue000 and\ue000 Related\ue000 Transactions,\ue000 and\ue000 Director\ue000 Independence
\ue000\ue000
60
ITEM\ue000 14.\ue000\ue000Principal\ue000 Accounting\ue000 Fees\ue000 and\ue000 Services
\ue000\ue000
60
PART\ue000 IV
ITEM\ue000 15.\ue000\ue000Exhibits,\ue000 Financial\ue000 Statement\ue000 Schedules
\ue000\ue000
61
\ue000\ue000SIGNATURES
\ue000\ue000
64
\ue000
2
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Table\ue000 of\ue000 Contents
CAUTION\ue000 REGARDING\ue000 FORWARD-LOOKING\ue000 STATEMENTS

All\ue000 statements\ue000 included\ue000 or\ue000 incorporated\ue000 by\ue000 reference\ue000 in\ue000 this\ue000 Annual\ue000 Report\ue000 on\ue000 Form\ue000 10-K,\ue000 other\ue000 than\ue000 statements\ue000 of\ue000 historical\ue000 fact,\ue000 are
forward-looking\ue000 statements.\ue000 These\ue000 forward-looking\ue000 statements\ue000 are\ue000 based\ue000 upon\ue000 our\ue000 current\ue000 expectations,\ue000 estimates\ue000 and\ue000 projections\ue000 about\ue000 our
business\ue000 and\ue000 our\ue000 industry,\ue000 and\ue000 reflect\ue000 our\ue000 beliefs\ue000 and\ue000 assumptions\ue000 based\ue000 upon\ue000 information\ue000 available\ue000 to\ue000 us\ue000 as\ue000 of\ue000 the\ue000 date\ue000 of\ue000 this\ue000 report\ue000 and\ue000 are
therefore\ue000 subject\ue000 to\ue000 change.\ue000 In\ue000 some\ue000 cases,\ue000 you\ue000 can\ue000 identify\ue000 these\ue000 statements\ue000 by\ue000 words\ue000 such\ue000 as\ue000 \u201cif,\u201d\ue000 \u201cmay,\u201d\ue000 \u201cmight,\u201d\ue000 \u201cwill,\u201d\ue000 \u201cshould,\u201d
\u201ccould,\u201d\ue000 \u201cwould,\u201d\ue000 \u201cexpects,\u201d\ue000 \u201cplans,\u201d\ue000 \u201canticipates,\u201d\ue000 \u201cbelieves,\u201d\ue000 \u201cestimates,\u201d\ue000 \u201cpredicts,\u201d\ue000 \u201cpotential,\u201d\ue000 \u201ccontinue,\u201d\ue000 and\ue000 other\ue000 similar\ue000 terms.
These\ue000 forward-looking\ue000 statements\ue000 include,\ue000 but\ue000 are\ue000 not\ue000 limited\ue000 to,\ue000 projections\ue000 of\ue000 our\ue000 future\ue000 financial\ue000 performance\ue000 and\ue000 our\ue000 anticipated\ue000 growth,
our\ue000 accounting\ue000 estimates,\ue000 assumptions\ue000 and\ue000 judgments,\ue000 the\ue000 demand\ue000 for\ue000 our\ue000 products,\ue000 descriptions\ue000 of\ue000 our\ue000 strategies,\ue000 our\ue000 product\ue000 and\ue000 market
development\ue000 plans,\ue000 the\ue000 trends\ue000 we\ue000 anticipate\ue000 in\ue000 our\ue000 business\ue000 and\ue000 the\ue000 markets\ue000 in\ue000 which\ue000 we\ue000 operate,\ue000 the\ue000 competitive\ue000 nature\ue000 and\ue000 anticipated
growth\ue000 of\ue000 those\ue000 markets,\ue000 our\ue000 dependence\ue000 on\ue000 a\ue000 few\ue000 key\ue000 customers\ue000 for\ue000 a\ue000 substantial\ue000 portion\ue000 of\ue000 our\ue000 net\ue000 revenue,\ue000 our\ue000 ability\ue000 to\ue000 continue\ue000 to
successfully\ue000 partner\ue000 with\ue000 strategic\ue000 demodulator\ue000 partners\ue000 and\ue000 our\ue000 ability\ue000 to\ue000 successfully\ue000 address\ue000 new\ue000 markets\ue000 where\ue000 competition\ue000 is\ue000 intense.

We\ue000 caution\ue000 readers\ue000 that\ue000 the\ue000 forward-looking\ue000 statements\ue000 in\ue000 this\ue000 report\ue000 are\ue000 predictions\ue000 based\ue000 on\ue000 our\ue000 current\ue000 expectations\ue000 about\ue000 future
events.\ue000 These\ue000 forward-looking\ue000 statements\ue000 are\ue000 not\ue000 guarantees\ue000 of\ue000 future\ue000 performance\ue000 and\ue000 are\ue000 subject\ue000 to\ue000 risks,\ue000 uncertainties\ue000 and\ue000 assumptions
that\ue000 are\ue000 difficult\ue000 to\ue000 predict.\ue000 Our\ue000 actual\ue000 results,\ue000 performance\ue000 or\ue000 achievements\ue000 could\ue000 differ\ue000 materially\ue000 and\ue000 adversely\ue000 from\ue000 those\ue000 expressed\ue000 or
implied\ue000 by\ue000 any\ue000 forward-looking\ue000 statements\ue000 as\ue000 a\ue000 result\ue000 of\ue000 various\ue000 factors,\ue000 some\ue000 of\ue000 which\ue000 are\ue000 described\ue000 under\ue000 the\ue000 caption\ue000 \u201cPart\ue000 I,\ue000 Item\ue000 1A.\ue000 Risk
Factors\u201d\ue000 below\ue000 and\ue000 in\ue000 our\ue000 other\ue000 filings\ue000 with\ue000 the\ue000 United\ue000 States\ue000 Securities\ue000 and\ue000 Exchange\ue000 Commission\ue000 (SEC).\ue000 We\ue000 caution\ue000 readers\ue000 not\ue000 to\ue000 rely\ue000 on
these\ue000 forward-looking\ue000 statements,\ue000 which\ue000 reflect\ue000 management\u2019s\ue000 analysis\ue000 only\ue000 as\ue000 of\ue000 the\ue000 date\ue000 of\ue000 this\ue000 report.\ue000 These\ue000 forward-looking\ue000 statements
speak\ue000 only\ue000 as\ue000 of\ue000 the\ue000 date\ue000 of\ue000 this\ue000 report.\ue000 We\ue000 undertake\ue000 no\ue000 obligation\ue000 to\ue000 revise\ue000 or\ue000 update\ue000 any\ue000 forward-looking\ue000 statement\ue000 for\ue000 any\ue000 reason,\ue000 except
as\ue000 otherwise\ue000 required\ue000 by\ue000 law.

\ue000
3
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