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Two Irvine-based tech companies last week reported quarterly results that are foreshadowing future industry trends.Skyworks Solutions Inc. forecast on April 30 that its fiscal third-quarter sales and adjusted profit will be much lower than analysts expected. It cited slowing mobile device sales. Shares dropped 15% in the following trading session to $90.30, for a $14.4 billion market cap (Nasdaq: SWKS).
/PRNewswire/ The global navigation satellite system market size is estimated to grow by USD 119.57 billion from 2023 to 2027, according to Technavio. The.
Irvine-based upstart 5G chip company Mobix Labs Inc. (Nasdaq: MOBX) is Orange County’s newest public company in the tech sector, after completing a nearly year-long odyssey to Wall Street.
Before quitting computer-circuit giant Microchip Technology rejoining at their new company in the Bay Area, Cang Nguyen of San Jose and Jerry Chang of Union City "surreptitiously stole" electronic devices and proprietary information from Microchip, lawsuit claims.