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Apple supplier Skyworks held talks to buy $8 billion rival Qorvo
BusinessLine· 2025-10-28 06:48
(Adds details and background from paragraph 2 onwards)Oct 28 (Reuters) - Skyworks Solutions, whichsupplies radio frequency chips to Apple and othersmartphone makers, held talks in recent months to buy rivalQorvo, The Information reported on Tuesday, citingpeople familiar with the matter.Qorvo, which has a market cap of $8.54 billion according toLSEG data, closed at $92.13 on the Nasdaq on Monday.Skyworks has a market cap of $11.26 billion, according toLSEG, and employed more than 10,000 people as of 2024, a ...
Apple supplier Skyworks held talks to buy $8 billion rival Qorvo, The Information reports
Reuters· 2025-10-28 06:35
Group 1 - Skyworks Solutions has engaged in discussions to acquire rival Qorvo, as reported by The Information [1] - The talks have taken place in recent months, indicating a potential strategic move within the semiconductor industry [1] - Skyworks Solutions is known for supplying radio frequency chips to major clients, including Apple and other smartphone manufacturers [1]