Skyworks Solutions

{{short description|American semiconductor manufacturer}}

{{distinguish|Skyworks Global}}

{{Infobox company

| name = Skyworks Solutions, Inc.

| logo = Skyworks logo.svg

| logo_upright = 1.25

| type = Public

| traded_as = {{unbulleted list|{{NASDAQ|SWKS}}|S&P 500 component}}

| key_people = {{Unbulleted list|Philip Brace (President & CEO) |Robert Schriesheim (CFO) }}

| industry = Semiconductors

| products = Wireless communication technologies

| revenue = {{decrease}} {{US$|4.18 billion}} (2024)

| operating_income = {{decrease}} {{US$|637 million}} (2024)

| net_income = {{decrease}} {{US$|596 million}} (2024)

| assets = {{decrease}} {{US$|8.28 billion}} (2024)

| equity = {{increase}} {{US$|6.34 billion}} (2024)

| num_employees = 10,100 (2024)

| subsid =

| homepage = {{url|https://www.skyworksinc.com/|skyworksinc.com}}

| foundation = {{start date and age|2002}}

| location = Irvine, California, United States

| footnotes = {{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/4127/000000412724000131/swks-20240927.htm |date=15 November 2024 |title=U.S. SEC: Skyworks Solutions, Inc. Form 10-K |publisher=U.S. Securities and Exchange Commission}}

}}

Skyworks Solutions, Inc. is an American semiconductor company headquartered in Irvine, California, United States. The company's shares are listed on the Nasdaq Global Select Market under the ticker symbol SWKS and is a constituent of the S&P 500.

History

Skyworks Solutions, Inc. was formed in 2002 through the merger of Alpha Industries and the wireless communications division of Conexant.https://trendspider.com/learning-center/skyworks-solutions-inc-swks/

In 2009, Skyworks Solutions Inc. took over Axiom Microdevices Inc., a company that provides CMOS-based mobile phone power amplifiers, for an undisclosed amount.{{Cite web |last=Staff |first=V. C. J. |date=2009-06-03 |title=SkyWorks Buys Axiom Microdevices |url=https://www.venturecapitaljournal.com/skyworks-buys-axiom-microdevices/ |access-date=2023-09-07 |website=Venture Capital Journal |language=en-US}} On October 5, 2015, Skyworks Solutions entered a definitive agreement to acquire PMC-Sierra for $2 billion in cash. However, Skyworks walked away from the deal, having been outbid by Microsemi.{{cite news |author= |url=https://www.reuters.com/article/us-pmc-sierra-us-m-a-microsemi/microsemi-to-buy-pmc-sierra-in-2-5-bln-deal-as-skyworks-bows-out-idUKKBN0TD1CK20151124 |title=Microsemi to buy PMC-Sierra in $2.5 bln deal as Skyworks bows out |date=24 November 2015 |work=Reuters |access-date=18 July 2023 |archive-url=https://web.archive.org/web/20230718204534/https://www.reuters.com/article/us-pmc-sierra-us-m-a-microsemi/microsemi-to-buy-pmc-sierra-in-2-5-bln-deal-as-skyworks-bows-out-idUKKBN0TD1CK20151124 |archive-date=18 July 2023}} In 2018, Skyworks purchased Avnera for US$405 million. On April 22, 2021, Skyworks Solutions entered into a definitive agreement with Silicon Labs to acquire their Infrastructure & Automotive business for $2.75 billion.{{Cite web |author= |date=22 April 2021 |url=https://www.everythingrf.com/News/details/12196-skyworks-to-acquire-silicon-labs-infrastructure-automotive-business-for-2-75-billion |title=Skyworks to Acquire Silicon Labs Infrastructure & Automotive Business for $2.75 Billion |access-date=18 July 2023 |publisher= everything RF |archive-url=https://web.archive.org/web/20230718204049/https://www.everythingrf.com/News/details/12196-skyworks-to-acquire-silicon-labs-infrastructure-automotive-business-for-2-75-billion |archive-date=18 July 2023}}{{Cite news |last=Nellis |first=Stephen |last2=Hu |first2=Krystal |date=2021-04-22 |title=Silicon Labs to sell unit to Skyworks for $2.75 bln, shares surge after hours |language=en |work=Reuters |url=https://www.reuters.com/technology/silicon-labs-sell-infrastructure-automotive-unit-275-bln-2021-04-22/ |access-date=2023-10-17}} Mobile products comprised about 60% of total revenue, while Broad Markets products comprised 40% of total revenue from non-mobile markets like automotive, infrastructure and industrial.{{Cite web |title=Skyworks maintains strong cash flow generation |url=https://www.semiconductor-today.com/news_items/2023/may/skyworks-150523.shtml |access-date=2023-05-15 |website=Semiconductor Today |language=en}}

From August 3, 2015 to December 19, 2022, the company was a component of the Nasdaq-100 index.{{cite web |title=Skyworks Solutions, Inc. to Join the NASDAQ-100 Index Beginning August 3, 2015 |url=https://www.globenewswire.com/news-release/2015/07/30/756184/0/en/Skyworks-Solutions-Inc-to-Join-the-NASDAQ-100-Index-Beginning-August-3-2015.html |website=Globe Newswire |date=July 29, 2015}}{{cite web |title=Annual changes to the Nasdaq-100 Index |url=http://crweworld.com/article/news-provided-by-globenewswire/2583641/annual-changes-to-the-nasdaq-100-index |website=CRWE World |publisher=crweworld.com |access-date=December 10, 2022}}

Products

Skyworks products, such as low-noise and power amplifiers, connectivity switches or radio co-processors, can be used in the automotive, streaming or broadcast industry.{{cite web|access-date=2024-03-13 |date=2015-01-03 |title=Skyworks Ramps Ups Products for Streaming Media & Smart TV for OEMs - Roku, Google & Samsung |publisher=thefastmode.com |url=https://www.thefastmode.com/technology-solutions/3902-skyworks-ramps-ups-products-for-streaming-media-smart-tv-for-oems-roku-google-samsung}}{{cite web|access-date=2024-03-13 |date=2023-10-05 |title=Skyworks’ digital radio co-processors help optimize in-vehicle infotainment |publisher=embedded.com |url=https://www.embedded.com/skyworks-digital-radio-co-processors-help-optimize-in-vehicle-infotainment/}} Other products include DRM platforms for cars,{{cite web|access-date=2024-03-13 |date= |title=Skyworks Announces New DRM Product for Automotive Industry |publisher=drm.org |url=https://www.drm.org/skyworks-announces-new-drm-product-for-automotive-industry/}} RF switches{{cite web|access-date=2024-03-13 |date=2024-02-20 |title=Global RF and Microwave Switches Market Research Report 2024: Delving into Market Status, Size, and Industry Needs up to 2030 |publisher=industrytoday.co.uk |url=https://industrytoday.co.uk/market-research-industry-today/global-rf-and-microwave-switches-market-research-report-2024-delving-into-market-status-size-and-industry-needs-up-to-2030}} as well as power management chips.{{cite web|access-date=2024-03-13 |date=2022-03-21 |title=Skyworks to Showcase its Power Management and Control Solutions at APEC 2022 |publisher=everythingpe.com |url=https://www.everythingpe.com/news/details/1612-skyworks-to-showcase-its-power-management-and-control-solutions-at-apec-2022}} A GSM power amplifier and a RF switch from Skyworks were used in the iPhone 15.{{cite web|access-date=2024-03-13 |date=2024-02-16 |title=TechInsights Teardown: Apple iPhone 15 |publisher=globalspec.com |url=https://electronics360.globalspec.com/article/20734/techinsights-teardown-apple-iphone-15}} Skyworks achieved IATF 16949 Automotive Certification in 2024{{cite web|access-date=2024-11-14 |date=2024-11-14 |title=Skyworks Achieves IATF 16949 Automotive Certification for its Analog & Mixed Signal Solutions |publisher=everythingrf.com |url=https://www.everythingrf.com/news/details/19257-skyworks-achieves-iatf-16949-certification-for-its-analog-and-mixed-signal-solutions-for-the-automotive-industry}}..

Corporate responsibility

Since 2018, Skyworks aims to reduce scope 1 and 2 CO2e emissions by 30% by 2030 for its factory operations.{{Cite web |last=Staff |first=Verdict |date=2023-07-05 |title=Skyworks' path to emission reduction: analyzing targets and achievements |url=https://www.verdict.co.uk/skyworks-net-zero-targets/ |access-date=2024-08-27 |website=Verdict |language=en-US}} In line with the Paris Agreement, Skyworks is trying to achieve net-zero emissions by 2050.{{Cite web |title=Adoption of Greenhouse Gas Emissions Reduction Targets |url=https://www.sec.gov/Archives/edgar/data/4127/000121465924004744/b318242px14a6g.htm |access-date=2024-08-27 |website=www.sec.gov}} In 2022, it wanted to achieve a 5% year-over-year rate reduction and managed to achieve 16%. Skyworks implements the ISO 14001 certified environmental management systems for its manufacturing operations for the reduction and control of its environmental impact.{{Cite web |title=Certificate of Registration |url=https://www.skyworksinc.com/-/media/SkyWorks/Documents/ISO-Certificates/cert_ISO_14001.pdf}}

See also

References

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