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Wireless

SkyWorks advances revenues, profit and cash flow in higher-than-expected Q1

Friday 4 May 2018 | 12:40 CET | News
Skyworks revenues rose 7 percent from the year before to USD 913.4 million during its fiscal second quarter to end March, rising above expectations and driven by the global demand for its connectivity engines. The company added that improved profitability translated into cash flow growth and that the launch of Sky5 positions it well to power 5G networks and facilitate reliable and secure wireless connectivity. Skyworks noted that strong growth at its broad market portfolio was helping to mitigated the near term softness at leading smartphone customers and the trade restrictions imposed by the

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Categories: Mobile & Wireless
Companies: Skyworks
Countries: World
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