Reported about 14 hours ago
Skyworks Solutions CEO Phil Brace believes their acquisition of Qorvo, valued at $9.76 billion, could lead to the development of power-efficient chips for smartphones. By merging technologies from both companies, they aim to enhance wireless data processing while freeing up battery life to support AI applications. The deal is expected to close in early 2027, pending regulatory approval, particularly from China.
Source: YAHOO