Skyworks-Qorvo $22B Merger Creates RF Chip Powerhouse
Skyworks Solutions acquires Qorvo in a $22B deal, combining two major Apple suppliers of radio-frequency chips. Transaction expected to close in early 2027 with significant market implications.
Skyworks Solutions acquires Qorvo in a $22B deal, combining two major Apple suppliers of radio-frequency chips. Transaction expected to close in early 2027 with significant market implications.
Skyworks Solutions reportedly in talks to acquire rival Qorvo, potentially creating a major RF chip supplier consolidation valued at nearly $20 billion combined.
Mizuho downgrades Skyworks to Underperform, cutting price target to $60. Analyst cites iPhone unit decline, foldable delays, and fading China subsidies as key concerns.