Apple suppliers Qorvo and Skyworks will merge to create a chipmaker worth $22 billion

Qorvo joins forces with Skyworks in $22 billion merger, reshaping semiconductor landscape

North Carolina company is at the center of a multibillion-dollar deal that, if approved, will create a new giant in the semiconductor world with implications for major tech companies and thousands of employees worldwide. See what it means for Qorvo stockholders.

Greensboro's Qorvo agrees to sell to major Apple supplier Skyworks Solutions

The companies said the proposed deal would create a manufacturer valued at $22.4 billion.

Apple suppliers Qorvo and Skyworks to merge, creating a $22 billion chip giant

Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value of $22 billion. Qorvo shareholders will receive $32.50 in cash and 0.96 of a Skyworks common share for each Qorvo share held at the close of the transaction, which is expected in early 2027, pending shareholder and regulatory approvals. Activist investor Starboard Value, which owns about 8% of Qorvo, has alread…

Apple suppliers Qorvo and Skyworks will merge to create a chipmaker worth $22 billion

Skyworks Solutions and Qorvo are merging in a cash-and-stock deal with an enterprise value of $22 billion.

Qorvo, wireless chipmaker with large Oregon factory, sells to rival Skyworks

Wireless semiconductor manufacturer Qorvo said Tuesday it will sell its business to rival Skyworks, creating a combined business with annual sales of about $7.7 billion and a market value of about $22 billion.

Apple suppliers Skyworks, Qorvo agree to create $22 billion radio-chip giant

The stock-and-cash deal aims to tap into a recovery in smartphone demand following the post-pandemic downturn amid Apple's focus on in-house chips.