Skyworks is paying US$2.75 billion to diversify its business away from Apple. Wall Street thinks the chip maker is getting a bargain.

Skyworks Solutions, a supplier to Apple, lowered its fiscal first-quarter revenue and profit guidance, citing a weakening smartphone market.

Skyworks Solutions has agreed to purchase Avnera, a developer of analog SoCs.

Skyworks Solutions and Cirrus Logic shares nosedived Tuesday after Pacific Crest analyst Michael McConnell downgraded the stocks and predicted a 15%-20% decline in Apple iPhone 7 shipments later this year compared with shipments of the iPhone 6S after that product was released last September.

Although Skyworks posted revenue growth, it missed the estimates. This indicated that the slowdown in iPhone sales hit the company's earnings more than what was expected. This saw the company's stock fall by 6.9% after the announcement of the earnings.

Although Skyworks posted revenue growth, it missed analysts' estimates. This indicated that the slowdown in iPhone sales hit the company's earnings more than what was expected. This saw the company's stock fall by 6.9% after the announcement of the earnings.

PMC-Sierra said Microsemi's $2.35 billion takeover offer wasn't superior to a bid from Skyworks Solutions because the Skyworks deal "provides more value certainty to shareholders" than the Microsemi proposal, which was "nominally higher."

Skyworks Solutions has announced a definitive agreement under which Skyworks will acquire PMC for US$10.50 per share in an all-cash transaction valued at approximately US$2 billion. This acquisition solidifies Skyworks' position as a highly diversified analog, RF and mixed signal semiconductor leader.

Skyworks Solutions has announced that it is expanding production capacity in Japan to meet the growing demand for its filter technology.

For Skyworks Solutions, the Apple iPhone may well be the gift that keeps on giving. After getting a nice piece of the Apple iPhone 6 business, the analog chipmaker is poised to tap into more gains from Apple, which is expected to refresh the current-generation iPhone 6 sometime this fall.

The design center will focus on the development of leading edge technologies targeting 4G/5G protocols and the Internet of Things.

Chip investors were handed a buying opportunity last week, as the group fell off a cliff on signs that the rising US dollar is crimping demand. But there is nothing fundamentally wrong with their industry.

MediaTek is leveraging several of Skyworks' front-end solutions in its dual-core MT6572 platform which is supporting multiple leading tier-one smartphone manufacturers in emerging markets.

They also discovered that the iPhone 4S includes a Skyworks 77464-20 chip and Avago ACPM-7181 power amplifier.

"Skyworks exceeded all key metrics last quarter and we see a steep growth trajectory heading into the second half of calendar 2011," said David J. Aldrich, president and CEO of Skyworks.

This acquisition expands Skyworks' portfolio with highly complementary analog semiconductor products including battery chargers, DC/DC converters, voltage regulators and LED drivers.

The acquisition of SiGe, a fabless semiconductor provider, complements Skyworks' leadership in wide area front-end solutions by adding SiGe's innovative short range, silicon-based products.

Skyworks Solutions will get a lot less revenue from selling parts for the Apple iPhone 5 than it did for the current generation of the phone, according to Charter Equity analyst Edward Snyder. For technical reasons, the company is losing business to both TriQuint and Avago, Snyder said.