Qorvo, Inc.
QRVOQorvo, Inc. is a global leader in designing and manufacturing radio frequency (RF) solutions for mobile, infrastructure, aerospace, and defense applications. The company provides innovative semiconductor products that enable wireless communication systems, including smartphones, 5G networks, and IoT devices. Founded in 2015 through the merger of RF Micro Devices and TriQuint Semiconductor, Qorvo focuses on delivering high-performance, integrated systems that enhance connectivity and RF performance worldwide.
Company News
The Transimpedance Amplifiers (TIAs) market is projected to grow from USD 501.42 Million in 2025 to USD 669.39 Million by 2033, driven by high-speed optical communication networks and increasing data traffic demands.
Starboard Value LP acquired a significant 7,024,848 share stake in Bill Holdings, valued at $372.11 million, becoming the firm's fourth-largest holding. The investment suggests potential strategic changes or value generation for the cloud-based financial software company.
Qorvo and Skyworks Solutions announced a $22 billion merger, with Qorvo shareholders receiving $32.50 cash and 0.960 Skyworks shares per share. Analysts from Barclays and Citigroup upgraded Skyworks' rating and increased price targets.
Skyworks Solutions and Qorvo announced a transformative merger creating a $22 billion semiconductor company with $7.7 billion in pro forma revenue, targeting $500 million in annual synergies and positioning themselves as a global RF semiconductor leader.
