SCT Qorvo quarterly revenue falls 5% year-on-year as Android smartphone mix shifts from mid-tier to entry-tier
Posted: Mon Nov 11, 2024 11:32 am
For its fiscal second-quarter 2025 (ended 28 September 2024), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $1046.5m. This is down 5.2% on $1103.5m a year ago due mainly to a hiatus in Android smartphone revenues, following ramps in first-half calendar 2024 for key models including both Samsung’s S24 (involving over $5 of content) and Google’s Pixel ($15 of content). However, revenue has rebounded by 18% from $886.7m last quarter. It also exceeds the $1025m guidance, driven by double-digit sequential growth in all three operating segments...
Source: https://www.semiconductor-today.com/new ... 1124.shtml
Source: https://www.semiconductor-today.com/new ... 1124.shtml