2 Ways Skyworks Solutions Is Trying To Beat The Smartphone Slowdown

Skyworks Solutions' (NASDAQ: SWKS) latest quarterly report clearly indicates that its days of high growth are over. Best known for supplying radio frequency chips to Apple, the chipmaker was having a ball when sales of the iPhone were soaring. But a saturating smartphone market has hamstrung the company's rapid growth over the past few quarters.After a moderate sales decline last quarter, Skyworks anticipates $1 billion in revenue during the September-ended quarter, up just 1.5% from the prior-year period.

Topics:  skyworks solutions nasdaq   swks    apple   september-ended   skyworks   skyworks    beat   smartphone   year   company   revenue   sales   period   quarter   market   growth   

 

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