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Skyworks Solutions, Inc., an innovator of high performance analog semiconductors connecting people, places and things, today announced it signed a definitive agreement to purchase Avnera Corporation, a leading developer of Analog System on Chips (ASoCs). Acquisition of Avnera, a private fabless semiconductor supplier, augments Skyworks’ leadership in wireless connectivity by adding ultra-low power analog circuits to enable smart interfaces via acoustic signal processing, sensors and integrated software. Upon consummation of the transaction, Skyworks will expand its addressable market by over $5 billion. Target applications include AI speakers/microphones, virtual assistants, intelligent gaming controllers and vehicle in-dash systems as well as wired/wireless headsets.
“Voice is increasingly becoming the primary interface for artificial intelligence and Internet of Things applications. Skyworks’ acquisition of Avnera will enable us to capitalize on the rapid proliferation of audio functionality and its convergence with our advanced connectivity solutions,” said Liam K. Griffin, president and chief executive officer of Skyworks. “With Skyworks’ global sales channels, strong customer relationships and operational scale, we plan to leverage Avnera’s innovative product portfolio and systems expertise to increase our footprint in automotive, industrial, home automation, enterprise and high-end consumer markets. In short, this transaction perfectly complements Skyworks’ product roadmap and will be highly synergistic across a broader customer set.” markets.siliconinvestor.com
Skyworks Solutions, Inc., an innovator of high performance analog semiconductors connecting people, places and things, today announced that new solutions from its leadership Sky5™ platform have been validated to enable the fast-approaching rollout of 5G. Skyworks has launched several products that deliver world-class performance in 5G New Radio (NR) Bands n77, n78 and n79 – frequencies that mobile operators plan to utilize to deploy next generation cellular services. These devices represent the latest additions to Skyworks’ expanding portfolio of connectivity solutions specifically designed to operate across all 5G NR spectrums worldwide. businesswire.com
“Despite macro weakness across our global mobile business, Skyworks delivered solid financial results driven by content gains, an expanding footprint in broad markets and our strong business model,” said Liam K. Griffin, president and chief executive officer of Skyworks. “During the quarter, we generated more than $500 million in cash flow from operations and exited the quarter with over $1 billion in cash. Looking ahead, we are leveraging our demonstrated technology leadership, trusted customer partnerships and innovative Sky5™ portfolio to capitalize on compelling 5G, IoT and automotive opportunities. We are enabling revolutionary applications and executing towards our vision of Connecting Everyone and Everything, All the Time.”
First Quarter Business Highlights
Partnered with Square to power secure, long-range retail payment systems Captured content in NetGear’s WiFi 6–enabled routers Supported remote access features for German and Korean automotive manufacturers Ramped advanced wireless engines for Philips street lighting management platforms Secured design wins with Bose and Sonos supporting high fidelity, smart audio Shipped LPWAN connectivity devices for building automation applications Expanded footprint in Nokia’s dual band residential gateways Deployed 5G base station solutions for leading European infrastructure providers Enabled Samsung’s Galaxy A and J Series smartphones with multimode, multiband front-ends Launched antenna tuners, diversity receive modules, GPS devices and integrated transmit portfolio across LG’s mobile suite
Skyworks Collaborates with MediaTek on Innovative 5G Platform marketwatch.com Skyworks’ complete 5G front-end architecture is being combined with MediaTek’s 5G baseband chipset to deliver highly integrated solutions targeting open market mobile products. The comprehensive sub-6 GHz system enables high-speed network experiences with optimized efficiency and near zero latency, empowering revolutionary emerging applications.
Skyworks Launches Suite of Custom Waveguide Circulators for 5G Infrastructure investors.skyworksinc.com Skyworks’ mini circulator family represents just one segment of the company’s expansive 5G infrastructure portfolio, which includes best-in-class high-efficiency drivers and small cell power amplifiers, advanced low noise amplifiers (LNAs) with integrated high-power switches and a broad range of individual RF devices. By providing key base station partners with comprehensive platforms, Skyworks is facilitating an essential first step in the deployment of 5G and ensuring the standard’s rapid commercialization.
“Skyworks is excited to once again be at the forefront of leading technologies enabling 5G,” said David Stasey, vice president and general manager of diversified analog solutions for Skyworks. “Our ultra-compact, high performance circulators demonstrate how we are leveraging our unique capabilities to enhance network efficiency and deliver higher capacity with greater coverage. When combined with our mobile and Internet of Things solutions, we are truly empowering end-to-end 5G connectivity.”