November 27, 2025
Skyworks Solutions and Qorvo have announced a definitive agreement to merge through a cash-and-stock transaction that values the combined company at 22 billion dollars.
The goal is to create a global leader in RF, analog, and mixed-signal semiconductors.
The new entity starts with a combined pro-forma revenue of about 7.7 billion dollars and an adjusted EBITDA of roughly 2.1 billion.
According to projections, the merger is expected to generate at least 500 million dollars in annual synergies within 2–3 years of closing.
Under the agreement, Skyworks shareholders will own approximately 63% of the combined company, while Qorvo shareholders will hold the remaining 37%.
The deal—already approved by both boards—remains subject to regulatory clearance and is expected to close by the first quarter of 2027.
The merger marks a turning point for the global RF market. By combining technologies, IP portfolios, and manufacturing capabilities, the new group aims to expand beyond mobile into high-growth segments such as automotive, defense, IoT, and AI-driven data centers.
The creation of a large US-based RF hub also aligns with broader reshoring strategies, reinforcing national autonomy in a sector increasingly tied to geopolitical interests.
The Skyworks–Qorvo merger opens a new phase of consolidation in the RF and mixed-signal semiconductor industry. With a strengthened portfolio, greater operational scale, and a clear strategy for expansion into high-value markets, the new company is positioned to compete at the highest global level. If integration proceeds smoothly and synergies are realized, the group could become a key player in next-generation wireless technologies, communication systems, automotive electronics, and AI infrastructure.
