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76 Apple Supplier Skyworks Held Talks to Buy $8 Billion Rival Qorvo

The Information
Valida Pau @ The Information 1 place · today 01:26 EDT

Apple Supplier Skyworks Held Talks to Buy $8 Billion Rival Qorvo

Skyworks Solutions, which supplies radio frequency chips to Apple and other smartphone makers, held talks in recent months to buy Qorvo, a rival with a market capitalization of more than $8 billion, according to people familiar with the matter.

The acquisition talks follow warnings by both companies that sales to their biggest customer, which they previously said was Apple, were weakening because other rivals were winning business. It couldn’t be learned if Skyworks and Qorvo had finalized an agreement.

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