06-02-2025 23:25 via macdailynews.com

Apple supplier Skyworks forecasts revenue decline for mobile segment in second quarter

Apple supplier Skyworks Solutions this week forecast declines in revenue in its mobile segment and projected profits below analysts’ consensus estimates for the current quarter on Wednesday.
Reuters:‎Separately, the company said it had named former Intel and Inseego executive Philip Brace as its next CEO and president as part of a succession process to replace former chief Liam Griffin.
Slower-than-expected adoption of electric vehicles, leading to an excess chip inventory, has weighe
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