Skyworks Solutions To Post $825 Million Revenue In Its Fourth Fiscal Quarter
https://wccftech.com/skyworks-solutions-to-post-825-million-revenue-in-its-fourth-fiscal-quarter/
It's an open secret that the United States has fallen behind with 5G. China's Huawei is the world's biggest 5G networking equipment supplier at this point, with a 28% global market share. The US, on the other hand, has not only banned Huawei's equipment, but the country has also been unable to scale up 5G base stations on supplies from local companies.
Few manufacturers make components for 5G in the US, and one of these is Skyworks Inc. Skyworks (NASDAQ:SWKS) makes RF modules, antenna tuning switches and power amplifiers, and the company's largest customer is Apple. Skyworks' fourth-quarter earnings are due later this month, and here we take a look at what the analysts expect.