Skyworks Solutions (NASDAQ:SWKS), it s a good time to be an
Apple (NASDAQ:AAPL) parts supplier. The 5G mobility upgrade cycle is underway as consumers buy new iPhones and other devices that can connect to new 5G networks, and these next-gen connectivity semiconductors that it designs fetch a higher price than older 4G and 3G mobile chips. Apple represented just over half of Skyworks sales in 2020, and as more 5G capable iPhones ship, Skyworks revenue is soaring, too.
But there s always a risk that Apple might pull the rug out from its suppliers and start developing its own silicon in-house. In fact, rumors abound that Apple is working on its own 5G baseband modem. Thus, in a multi-year effort to diversify its business away from the tech giant, Skyworks recently announced it s plopping down $2.75 billion to acquire the automotive and network infrastructure segment of
New Matter Solution from Silicon Labs Unifies the IoT Connectivity Experience
Ecosystem milestone delivers open-source technology that simplifies IoT development
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Silicon Labs (NASDAQ: SLAB), a leading provider of silicon, software, and solutions for a smarter, more connected world, today announced that wireless solutions are available for development of Matter end products that support Thread, Wi-Fi, and Bluetooth protocols. Matter, formerly named Project Connected Home over IP or CHIP , is designed to provide interoperable, reliable, secure connectivity across IoT devices and networks. Matter simplifies both product development and the end-user experience by providing a unified connectivity standard for a wide range of smart home and commercial applications including LED bulbs, door locks, HVAC, commercial lighting, and access control. Silicon Labs Matter solution enhances the connected product experience across major ecosystems inclu
A leader in connectivity chips bets on a new market
Skyworks Solutions benefited from the smartphone boom in spades primarily as a supplier to
Apple s iPhone and 5G has set off a new device upgrade cycle with consumers seeking phones with a chip that enables connection to a 5G network. Skyworks portfolio of radio frequency semiconductor designs is meeting that demand.
Increased sales plus higher value for 5G chips versus the older 4G standard has the company s revenue flying high. Through the first six months of fiscal 2021 (the period ended April 2, 2021), sales were up 61% from the year-ago period.
People in the News: 04/28/21 | Business | Apr 2021 photonics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from photonics.com Daily Mail and Mail on Sunday newspapers.