Welcome to our dedicated page for Qorvo news (Ticker: QRVO), a resource for investors and traders seeking the latest updates and insights on Qorvo stock.
Qorvo Inc (NASDAQ: QRVO) - a global leader in radio frequency solutions - powers connectivity across smartphones, defense systems, and network infrastructure. This dedicated news hub provides investors and industry professionals with essential updates on the company's strategic developments.
Track all official Qorvo press releases and curated news coverage in one centralized location. Our repository ensures timely access to critical information including quarterly earnings, technology innovations, and market expansion initiatives that shape the semiconductor landscape.
Key coverage areas include RF product launches, 5G infrastructure developments, defense sector contracts, and strategic partnerships. Stay informed about Qorvo's role in enabling next-generation wireless communications through their cutting-edge filters, power amplifiers, and integrated modules.
Bookmark this page for continuous updates on Qorvo's business milestones and technological advancements. Monitor how QRVO's solutions address evolving demands in mobile connectivity, aerospace systems, and global network deployments.
Qorvo (Nasdaq: QRVO), a global leader in connectivity and power solutions, has won a significant legal battle against Akoustis Technologies. On May 17, 2024, a federal jury in Delaware ruled that Akoustis willfully misappropriated Qorvo's trade secrets and infringed on their BAW filter design patents.
The jury awarded Qorvo over $31.5 million in compensatory damages and $7 million in punitive damages. This verdict potentially allows Qorvo to seek an injunction to halt the sale of infringing Akoustis products.
Originally filed in October 2021, this case underscores Qorvo's commitment to protecting its intellectual property.
Qorvo announced its fiscal 2024 fourth-quarter financial results, showcasing a 49% year-over-year revenue growth and exceeding revenue guidance by $16 million. The company acquired Anokiwave and saw significant content gains with key mobile customers. Qorvo expects modest revenue growth and margin improvement for full-year fiscal 2025.
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