Skyworks Reports Another Record Quarter, Sees Near-Term Softness in Mobile

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Skyworks Reports Another Record Quarter, Sees Near-Term Softness in Mobile

Skyworks reported record fiscal fourth quarter (Q4) and full year results — the ninth consecutive year of revenue and earnings growth. The positive results were dampened by declining iPhone shipments and mobile phone softness in China. Skyworks CEO tried to alleviate any near-term concerns by discussing technology development to position Skyworks to be a leader in 5G.

Skyworks reported record fiscal fourth quarter (Q4) and full year results — the ninth consecutive year of revenue and earnings growth. The positive results were dampened by declining iPhone shipments and mobile phone softness in China. Skyworks CEO tried to alleviate any near-term concerns by discussing technology development to position Skyworks to be a leader in 5G.

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