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Stock impact report

Skyworks Qorvo Deal Reshapes Radio Chip Scale And Valuation Story [Yahoo! Finance]

Skyworks Solutions, Inc. (SWKS) 
Last skyworks solutions, inc. earnings: 1/23 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Skyworks Solutions has announced a cash and stock proposal to acquire rival Qorvo, targeting a combined radio chip company valued at about $22b. The deal would bring together two major radio frequency suppliers to wireless and communications customers, with potential implications for competition and supply chains. For investors watching NasdaqGS:SWKS, this move comes after a challenging stretch for the stock. The shares most recently closed at $55.76, with a 1 year return showing a 34.5% decline and a 3 year return showing a 45.5% decline, extending to a 64.5% decline over 5 years. The proposed acquisition indicates that Skyworks is looking to reshape its role in radio chip markets and broaden its scale with Qorvo. As the proposal develops, you may want to monitor how both companies address integration plans, regulatory questions, and reactions from key wireless customers. Stay updated on the most important news stories for Skyworks Solutions by adding it to your watchlist or Show less Read more
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