Apple supplier Skyworks held talks to buy $8 billion rival Qorvo: The Information
Skyworks Solutions, which supplies radio frequency chips to Apple and other smartphone makers, held talks in recent months to buy rival Qorvo, The Information reported on Tuesday, citing people familiar with the matter.
Qorvo, which has a market cap of $8.54 billion according to LSEG data, closed at $92.13 on the Nasdaq on Monday.
Skyworks has a market cap of $11.26 billion, according to LSEG, and employed more than 10,000 people as of 2024, according to their website.
