Tag Archives: qrvo

Apple Chips Implode; Qorvo, Cirrus Logic Lower Views

Apple (AAPL) and its chip suppliers were walloped after the close Thursday, as Qorvo (QRVO) and Cirrus Logic (CRUS) updated their Q3 sales views, guiding far below Wall Street forecasts due to holiday season mobile weakness. In after-hours trading, Qorvo and Cirrus Logic stocks were down 10% and 5%, respectively. Shares of Skyworks Solutions (SWKS) and Avago Technologies (AVGO) were down about 4%, with NXP Semiconductors (NXPI) stock down 2.5%.

Apple iPhone 7 Win Leapfrogs Taiwan Semiconductor

Taiwan Semiconductor Manufacturing (TSM) will leapfrog foundry rival Samsung in 2016 on Apple’s (AAPL) A10 processor and the smartphone titan’s iPhone 7 ramp, expected next September, Credit Suisse and Pacific Crest analysts said separately on Friday. Meanwhile, weak iPhone 6S series demand continues to plague Apple chip suppliers InvenSense (INVN), Qorvo (QRVO), Skyworks Solutions (SWKS), Synaptics (SYNA) and Cirrus Logic (CRUS), Pacific Crest

IPhone Demand Fears Might Bruise Apple Supplier Avago

Apple (AAPL) supplier Avago Technologies (AVGO) might jettison its unprofitable industrial segment in lieu of a renewed focus on smartphone chips, MKM analyst Ian Ing suggests. This comes as Avago and fellow Apple chip suppliers like Skyworks Solutions (SWKS), Qorvo (QRVO), NXP Semiconductors (NXPI), Qualcomm (QCOM) and Cirrus Logic (CRUS) face continued constraints from slowing growth in the iPhone market, Ing wrote. “Avago is increasingly