Qorvo Exceeds Earnings Projections as It Prepares for Sale to Skyworks

Qorvo exceeds earnings projections as it prepares for sale to Skyworks

On Aug. 7, Qorvo confirmed that about 175 Greensboro employees — representing about 12.5% of its local workforce — will be affected by the planned closing of its local wafer fabrication plant and the transfer of production to its plant…

Skyworks and Qorvo to merge, creating a $22b company

Skyworks Solutions and Qorvo have entered into a definitive agreement to merge in a cash-and-stock transaction that values the combined enterprise at approximately USD 22 billion.

Skyworks to Buy Qorvo in $22B Deal - Orange County Business Journal

Chipmaker Skyworks Solutions Inc. has agreed to purchase smaller rival Qorvo Inc. to form a $22 billion business aimed at staying competitive in an increasingly intense semiconductor world. The Irvine-based company said Oct. 28 it had agreed to form a “combined enterprise” with Qorvo of Greensboro, North Carolina, for radio frequency chips used in communications, smartphones, data transmission and wireless technology. “With enhanced scale, a mor…