News: Microelectronics
6 October 2026
Skyworks completes combination with Qorvo
Skyworks Solutions Inc of Irvine, CA, USA has announced the completion of its combination with Qorvo Inc of Greensboro, NC, USA, creating a US-based provider of high-performance radio frequency (RF), power management, and analog and mixed-signal semiconductor solutions.
“Our customers are tackling increasingly complex challenges and need partners with the capabilities, engineering expertise and scale to help them innovate faster,” says Skyworks’ CEO & president Phil Brace. “Together, we are well positioned to deliver more integrated, system-level solutions and accelerate the next generation of connected technologies,” he adds. “We see an extraordinary opportunity to create long-term value for our customers, shareholders and employees while helping shape the future of our industry.”
The transaction creates a larger, more diversified semiconductor company, combining complementary RF, analog, and power technologies with expanded engineering capabilities — about 8000 engineers and more than 12,000 issued and pending patents.
In Mobile, the combination broadens its RF front-end portfolio, positioning the firm to benefit from rising RF complexity. As 5G-Advanced evolves and the industry moves toward 6G, smartphones are expected to support more frequency bands, new spectrum and AI-driven features, increasing demand for highly integrated RF solutions.
Beyond Mobile, the combination more than doubles Skyworks’ addressable market and establishes a platform spanning physical AI and connected edge, defense & aerospace, data center and networking, and automotive. It also broadens the technology portfolio into RF GaN, low-voltage power, and wired broadband.
Skyworks reckons that it will benefit from greater end-market breadth, strengthened domestic manufacturing, and annualized cost synergies of $500m or more, expected to be realized within 24–36 months post-close when the companies are fully integrated.
The transaction is expected to be immediately accretive to non-GAAP EPS while maintaining a favorable capital structure. Skyworks will provide financial guidance on its fiscal fourth-quarter earnings call on 3 November.
Under the terms of the merger agreement, Qorvo shareholders are entitled to receive $32.50 in cash and 0.960 of Skyworks’ common share for each share of Qorvo common stock they owned. Legacy Skyworks shareholders own about 63% of the combined company and legacy Qorvo shareholders own about 37%, on a fully diluted basis. The firm will continue to operate as Skyworks and trade under the SWKS ticker symbol on the NASDAQ market.
As previously announced, Phil Brace will continue to serve as CEO & president of Skyworks. Bob Bruggeworth, Richard Clemmer and Chris Koopmans, formerly on the Qorvo board of directors, have each joined the Skyworks board.
Skyworks’ Mobile revenue drop offset by automotive and data-center growth
Qorvo grows quarterly margin, despite revenue falling by 2.9%
Skyworks and Qorvo announce expected leadership team for combined company
