# Skyworks tumbles as sluggish smartphone market weighs on forecast

- URL: https://talkfuse.com/story/skyworks-tumbles-as-sluggish-smartphone-market-weighs-on-forecast/
- Published: 2026-11-03T22:09:36+00:00
- Updated: 2026-11-03T23:01:40+00:00
- Original publisher: CNA
- Original article: https://www.channelnewsasia.com/business/skyworks-tumbles-sluggish-smartphone-market-weighs-forecast-6518061
- Topics: Gadgets, Technology, World

## Key points

- Skyworks shares dropped over 14 per cent after its forecast missed estimates.
- Smartphone weakness is expected to weigh on first-quarter revenue and earnings.
- The Qorvo deal is expected to deliver at least US$500 million in annual savings.

## Summary

Skyworks Solutions shares fell more than 14 per cent in extended trading after the chipmaker forecast first-quarter revenue and earnings below analysts’ expectations. The outlook points to continued pressure in its core smartphone business, particularly in the premium Android market.

The company expects revenue of US$1.80 billion to US$1.90 billion and adjusted earnings per share of US$1.25, compared with analyst estimates of about US$1.99 billion and US$1.52. Smartphone revenue is expected to decline by a low-teens percentage sequentially. Fourth-quarter revenue was US$1.05 billion, slightly above estimates, and Skyworks said its completed Qorvo acquisition is expected to bring at least US$500 million in annual cost savings.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.