Skyworks Solutions, Inc. is a leading developer, manufacturer, and provider of analog and mixed-signal semiconductor products and solutions. The company's products are used in a variety of applications, including aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, smartphone, tablet, and wearables. Skyworks targets high-growth verticals and seeks to diversify its revenue and customer base. The company has made significant investments in key network technologies, including cellular, advanced Wi-Fi, enhanced GPS, and Bluetooth.

Skyworks operates worldwide with engineering, manufacturing, sales, and service facilities throughout Asia, Europe, and North America. Key customers include Amazon, Apple, Cisco, Ericsson, and Samsung. Competitors include Analog Devices, Broadcom, Qualcomm, and Texas Instruments.

• Employees: Approximately 10,100 (as of September 27, 2024)
• Geographic Footprint: Asia, Europe, and North America
• Headquarters: Irvine, California
• Founded: Not available in the filing
• Number of locations/facilities: Not available in the filing
• Revenue: $4.178 billion (FY2024)
• Market Capitalization: Approximately $17.3 billion (as of March 29, 2024)
• Key Subsidiaries/Brands: Not available in the filing

• CEO: Liam K. Griffin
• CFO: Kris Sennesael
• Board Chair: Liam K. Griffin
• Other Key Executives: Philip Carter (Vice President and Corporate Controller)

Liam K. Griffin has served as Chairman, Chief Executive Officer and President. Kris Sennesael is the Senior Vice President and Chief Financial Officer. Philip Carter is the Vice President and Corporate Controller.

• Annual Revenue: $4.178 billion (FY2024)
• Net Income: $596.0 million
• Market Cap: Approximately $17.3 billion (as of March 29, 2024)
• Total Assets: $8.283 billion
• Employees: Approximately 10,100 (as of September 27, 2024)
• Key Financial Highlights: Net revenue decreased by 12.5% in fiscal 2024 compared to fiscal 2023, primarily due to decreased demand for mobile, analog, and mixed-signal products. Cash, cash equivalents, and marketable securities increased by 113.1% in fiscal 2024.

Skyworks offers a broad portfolio of radio and analog solutions. Key product categories include:

• Amplifiers: Modules that strengthen signals for base stations.
• Filters: SAW, TC-SAW, and BAW filters for recovering and separating mixed and modulated data in RF stages.
• Front-end Modules: Co-packaged functions to optimize performance, cost, and application suitability.
• Power Isolators: Digital and analog isolators used in industrial control, solar inverters, and hybrid/electric automotive systems.
• Timing Devices: Clock generators, oscillators, jitter attenuators, and buffers used in optical networking and data centers.

The Company operates as a single reportable segment, which designs, develops, manufactures, and markets similar proprietary semiconductor products, including intellectual property. The Company considers its product offerings to be similar in nature and therefore not segregated for reporting purposes.

Skyworks' strategy includes:

• Industry-leading technology: Focus on complex 5G architectures and increasing front-end and analog design challenges.
• Customer relationships: Partnering with leading OEMs and baseband reference design partners.
• Diversification: Expanding into high-performance analog markets beyond mobile devices, including automotive, home automation, and data centers.
• Operational excellence: Combining internal manufacturing with strategic alliances to balance capacity and improve product yields.

Skyworks operates in the highly competitive semiconductor industry. Key aspects of the industry include:

• Primary Industry: Semiconductor manufacturing, specifically analog and mixed-signal semiconductors.
• Market Trends: Expansion of wireless connectivity, 5G adoption, IoT growth, automotive electrification, and AI integration.
• Key Competitors: Analog Devices, Broadcom, Cirrus Logic, Murata Manufacturing, NXP Semiconductors, Qorvo, Qualcomm, and Texas Instruments.
• Market Share: Not available in the filing

• Risks Associated with Operating a Global Business: Includes economic downturns, currency fluctuations, political instability, trade restrictions, and natural disasters.
• Risks Associated with the Development, Manufacturing, and Sale of Our Products: Includes quarterly and annual fluctuations in operating results, dependence on a small number of customers, reliance on OEMs and ODMs, complex manufacturing processes, and dependence on third-party manufacturers.
• Risks Associated with Cybersecurity and Intellectual Property Protection: Includes the risk of security breaches, the need to protect intellectual property, and the risks of licensing third-party intellectual property.
• Risks Associated with Claims and Litigation: Includes warranty claims, product recalls, liability claims, and the risk of litigation.
• Risks Associated with Our Industry: Includes the cyclical nature of the semiconductor industry and significant competition.