Tag Archives: swks

Apple Supplier Skyworks To Buy PMC-Sierra For $2 Billion

Skyworks Solutions (SWKS) will buy data center chipmaker PMC-Sierra (PMCS) for $2 billion, following fellow Apple (AAPL) iPhone suppliers Avago Technologies (AVGO) and NXP Semiconductors (NXPI) in making acquisitions. Skyworks also gave strong early Q4 earnings. Skyworks announced late Monday that it will pay $10.50 a share in cash for PMC-Sierra, a 37% premium to Monday’s close at 7.69. Skyworks expects the deal to boost annual EPS by 75 cents.

Intel Could Score Apple iPhone Chip SKU, Analyst Says

Apple (AAPL) chip suppliers stumbled Thursday on Wall Street amid reports that, despite record iPhone 6S series shipments, the smartphone giant had stepped down its Q4 intelligence-chip orders. Digitimes.com reports “a major analog IC supplier” disclosed that Apple slightly lowered its demand for iPhone supplies in December. Sinking chip demand would sock Avago Technologies (AVGO), Skyworks Solutions (SWKS), Qualcomm (QCOM), Qorvo (QRVO) and

Waning Apple Demand To Slug Chipmaker Qorvo: Analyst

Apple (AAPL) chipmaker Qorvo (QRVO) will be a quick casualty of slackening iPhone demand in China, a Pacific Crest analyst wrote Monday as he chopped the stock’s price target and shares dwindled on Wall Street. Skyworks Solutions (SWKS) and Avago (AVGO), on the other hand, will be the clear winners of the Apple battle in China, Pacific Crest analyst John Vinh wrote in a research report. Vinh’s report comes on the heels of more than 13 million