220亿美元！射频芯片巨头诞生！

Core Viewpoint - The acquisition of Qorvo by Skyworks Solutions aims to create a leading RF chip supplier amidst the recovering smartphone demand post-pandemic, despite potential long-term sales pressures from Apple's shift towards in-house chip development [3][4]. Group 1: Acquisition Details - Skyworks Solutions announced the acquisition of Qorvo, creating a combined entity valued at $22 billion [3]. - The deal involves cash and stock, with Qorvo shareholders receiving $32.50 in cash and 0.960 shares of Skyworks stock, totaling a per-share offer of $105.31, representing a 14.3% premium over Qorvo's previous closing price [3]. - The transaction is expected to close in early 2027, with Skyworks CEO Phil Breslin taking the helm of the merged company [4]. Group 2: Market Context - The merger is positioned to capitalize on the recovery of smartphone demand, particularly as Apple focuses on developing its own RF chips, which may impact the reliance on external suppliers like Skyworks and Qorvo [3]. - Following the announcement, both companies' stock prices rose approximately 12% in pre-market trading [3]. Group 3: Regulatory Considerations - The merger of these two major U.S. RF chip manufacturers may trigger stringent antitrust scrutiny from regulatory bodies [3].