04-11-2020 22:10 via feedproxy.google.com

Apple supplier Skyworks grows sales 30% on surging 5G demand

New smartphones like Apple’s iPhone 12 family has sent Skyworks Solutions back into long-absent year-over-year growth. The company powers other connectivity applications like 5G network infrastructure, cars, and touchless digital payments.Nicholas Rossolillo for The Motley Fool:Wireless connectivity chip specialist Skyworks Solutions just put the wraps on its 2020 fiscal year, and it ended with a bang. Revenue increased by double-digit percentages, not just sequentially from the previous q
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