Semiconductor firm announces strong financial figures

e14news — Thu, 07 Oct 2021 09:20:48 GMT

Current Revision posted to Documents by e14news on 10/7/2021 9:20:48 AM
Skyworks Solutions Inc of Woburn, US, has reported revenue of $325.4 million for its fiscal second quarter of 2011, Semiconductor Today has reported.

The firm, which makes linear products, power amplifiers, front-end modules and radio solutions for handset and infrastructure equipment, has therefore seen a 37 per cent rise on the $238.1 million it made a year ago.

It is, in fact, down just three per cent on last quarter's record of $335.1 million.

Skyworks confirmed that its top customers were Foxconn, Nokia and Samsung.

"Sequential revenue performance demonstrates how a diversification strategy and growth in new market segments are contributing to stronger financial results,” remarked president &[and] CEO[spell] David Aldrich.

He added: "Skyworks is capitalizing on consumers’[curly] skyrocketing demand to be connected anytime and anywhere via smart phones, tablets and home automation systems in addition to energy management solutions and supporting network infrastructure."

Third-quarter guidance, he observed, puts the firm "squarely on a path to approach a $1.5 billion revenue".