Welcome to our dedicated page for Skyworks Solutions news (Ticker: SWKS), a resource for investors and traders seeking the latest updates and insights on Skyworks Solutions stock.
Skyworks Solutions Inc. (symbol: SWKS) is at the forefront of the wireless networking revolution. Based in Woburn, Massachusetts, Skyworks is a global enterprise with engineering, marketing, operations, sales, and service facilities spread across Asia, Europe, and North America. The company is renowned for its highly innovative analog semiconductors which are pivotal in connecting people, places, and things in an array of applications, many of which are groundbreaking.
Skyworks Solutions produces a range of semiconductors designed to enable wireless connectivity. Key products include power amplifiers, filters, switches, and integrated front-end modules, all essential for wireless transmissions. While the firm’s main clientele consists of major smartphone manufacturers, Skyworks is expanding its footprint in non-handset applications. These include automotive, broadband, connected home, industrial, medical, military, and wearable markets, among others.
Notably, Skyworks Solutions has been making significant strides in the automotive sector, providing critical components for advanced driver-assistance systems (ADAS) and vehicle-to-everything (V2X) communication. The company is also a key player in the development of 5G technology, which is expected to revolutionize wireless connectivity and enable a new wave of technological innovations.
Financially, Skyworks Solutions has shown robust performance, driven by the increasing demand for wireless connectivity and the proliferation of connected devices. The company's strategic partnerships and collaborations have further bolstered its market position. Skyworks’ commitment to innovation and quality has earned it a reputation for delivering reliable and high-performance products.
Skyworks Solutions, Inc. (Nasdaq: SWKS) announced its participation in a Fireside Chat at the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2022, at 1:55 p.m. PST. The event will take place at the Palace Hotel in San Francisco.
The chat will be available via live webcast and can be replayed for one week on the company’s website. Skyworks is recognized for its innovative analog and mixed signal semiconductors that serve various industries, including aerospace, automotive, and healthcare.
Skyworks Solutions (Nasdaq: SWKS) and Sequans Communications (NYSE: SQNS) recently unveiled the SKY66431 SiP, a compact 5G Massive IoT solution. This system-in-package integrates Sequans’ Monarch 2 modem with Skyworks’ RF front-end, forming the smallest LTE-M/NB-IoT connectivity platform. Designed for utility meters and wearable devices, it promises enhanced battery life and performance. With an expected 2.4 billion LPWAN devices by 2026, the SKY66431 is currently in certification, aiming for broad availability in early 2023.
Skyworks Solutions (SWKS) has launched the Si536x product family, advancing jitter attenuation technology for high-speed networking, crucial for 5G and AI applications. The Si536x series features up to 18 clock outputs with <55 fs RMS jitter and supports data rates between 400G and 800G, addressing the growing demand for bandwidth and optimizing transceiver performance. This product aims to enhance product development speed and reduce costs by integrating multiple clock functionalities in a compact design.
Skyworks Solutions (SWKS) and MediaTek have partnered to deliver a complete automotive-grade 5G solution, enhancing connectivity for automotive applications. The 5G New Radio Sky5A RF front-end solution is designed to support the growing demands for bandwidth in next-generation vehicles, including electric vehicles (EVs) and advanced driver-assistance systems (ADAS). This initiative aims to meet the stringent requirements of the automotive industry, ensuring high performance and reliability. Skyworks will showcase this technology at Electronica in Munich from November 15-18, 2022.
Skyworks Solutions (SWKS) reported record financial results for Q4 FY22, achieving revenue of $1.407 billion, marking a 7% year-over-year increase and exceeding expectations. Full-year revenue reached $5.486 billion, also up 7% year-over-year. The company posted GAAP diluted EPS of $1.88 and non-GAAP diluted EPS of $3.02 for the fourth quarter. Additionally, Skyworks returned $1.260 billion to shareholders through dividends and share buybacks. However, the outlook for Q1 FY23 indicates a potential revenue decline due to weak demand, with expected revenue between $1.300 billion and $1.350 billion.
Skyworks Solutions, Inc. (Nasdaq: SWKS) will hold a conference call on
Skyworks Solutions, Inc. (Nasdaq: SWKS) announced participation in the Goldman Sachs Communacopia + Technology Conference on Sept. 13, 2022, at 3 p.m. PDT, held at the Palace Hotel in San Francisco. Key executives will engage in discussions highlighting the company's innovations in high-performance analog semiconductors.
The event will be webcast live and available for replay on Skyworks’ website shortly after.
Skyworks Solutions (Nasdaq: SWKS) has launched a new line of network synchronization solutions for 5G fronthaul networks, featuring the Si551x and Si540x clock ICs and AccuTime IEEE 1588 software. These products enhance network performance, enabling applications like autonomous vehicles and telemedicine. The technology integrates multiple clock functions, reducing power consumption and PCB space. Collaborations with NXP Semiconductors and AMD further bolster Skyworks’ commitment to advancing 5G solutions. The products comply with key telecom standards and are currently available for evaluation.
Skyworks Solutions, Inc. (Nasdaq: SWKS) reported a record third quarter revenue of $1.233 billion, marking a 10% year-over-year increase. The company achieved a GAAP diluted EPS of $1.66 and a non-GAAP diluted EPS of $2.44, exceeding consensus estimates. For Q4 FY22, Skyworks anticipates double-digit sequential revenue and earnings growth, projecting revenue between $1.375 billion and $1.425 billion and a non-GAAP EPS of $2.90. The board announced an 11% increase in quarterly dividends to $0.62 per share, payable on Sept. 15, 2022.
Skyworks Solutions, Inc. (Nasdaq: SWKS) will discuss its third quarter fiscal 2022 results and business outlook on August 4, 2022, at 4:30 p.m. EDT. An earnings press release will be issued prior to the call and can be accessed on Skyworks' investor website. The conference call can be heard via the internet or by phone, with playback available for a limited time post-call. Skyworks focuses on high-performance analog semiconductors across numerous applications in industries such as aerospace, automotive, and connected home.
FAQ
What is the current stock price of Skyworks Solutions (SWKS)?
What is the market cap of Skyworks Solutions (SWKS)?
What does Skyworks Solutions Inc. do?
Where is Skyworks Solutions headquartered?
What are the main products of Skyworks Solutions?
Which markets does Skyworks Solutions serve?
Who are Skyworks Solutions' primary customers?
What is Skyworks Solutions' role in the automotive sector?
How is Skyworks Solutions involved in 5G technology?
What has been the recent financial performance of Skyworks Solutions?
Does Skyworks Solutions collaborate with other companies?