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Skyworks Advances Qorvo Deal, Cites Resilient Apple Ecosystem Demand

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The Story

News Summary

  • Skyworks Solutions confirmed its proposed merger with Qorvo is on track to close this year after clearing key U.S.
  • antitrust waiting periods.
  • The combined semiconductor company targets $500 million in cost synergies and highlighted resilient demand in data centers, Wi-Fi 7, and Apple's premium iOS ecosystem.
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