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Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA)
SWKS 96.93+1.0%Nov 30 4:00 PM EST

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From: JakeStraw10/29/2014 8:17:50 AM
   of 1698
Skyworks Introduces High Fidelity Solutions for Streaming Music Platforms at Bose and Sonos

Ramping in Volume Production across All Key Customers

“Skyworks is excited to support the rapidly emerging music streaming platform market via highly advanced front-end solutions,” said Carlos Bori, vice president of marketing at Skyworks. “Our partnerships with industry leaders, including Bose and Sonos, have enabled us to develop world-class audio solutions for streaming networks.”

In a wide ranging report on the future of the entertainment industry, PricewaterhouseCoopers expects on-demand, digital delivery of music, movies, videos, games and eBooks to significantly expand over the next few years. In this year’s “Global Entertainment and Media Outlook”, PwC is forecasting that the digital delivery revolution will dramatically change the way we use our connected devices. Digital music streaming revenue is forecasted to increase from $848 million in 2013 to $1.7 billion in 2018, when it will account for 37 percent of total digital recorded music revenue.
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