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-0.000461443806398705 -0.000666529942576004 -0.000410172272354453 -0.00112797374897456 -0.00010254306808865 0.00256357670221493 0.003794093519278 0.003794093519278
Stock impact report

Why Skyworks Solutions Could Become the Next Big Internet of Things Play [The Motley Fool]

Skyworks Solutions, Inc. (SWKS) 
Last skyworks solutions, inc. earnings: 1/23 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
The chipmaker is pulling the right strings now so that it can benefit from the massive IoT growth in the long run. The Internet of Things (IoT) space saw terrific growth in 2017. Gartner estimates that 8.4 billion things connected to the internet last year to boost the installed base of IoT devices by 31% year-over-year. But this market hasn't hit critical mass just yet -- the number of connected objects is expected to hit 130 billion by 2030, according to IHS Markit. So, it is still early days in the IoT market as it hasn't realized even 10% of its long-term potential, and investors looking for ways to profit from this revolution can win big in the long run if they make the right choices now. Of course, there are big names such as Cisco , which is pioneering this field with its networking expertise. But investors looking for a small-cap play whose financials could be materially impacted by IoT need to take a closer look at Skyworks Solutions ( NASDAQ:SWKS ) . He Show less Read more
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