Monday, April 18, 2022 6:19:02 PM
"Covid-related factory shutdowns and weakening demand for 5G handsets in China are likely to pressure near-term sales for U.S. companies that make chips for Chinese smartphones, a Wall Street firm says. The news is another negative for semiconductor stocks.
In a note to clients Monday, Mizuho Securities analyst Vijay Rakesh highlighted multiple headwinds for Chinese handset makers and their component suppliers in the second quarter. The major Chinese smartphone makers include Xiaomi, Oppo and Vivo. Together those three firms accounted for 33.4% of global smartphone shipments in 2021.
"The situation could drive increased inventory of radio-frequency chips and other components, Rakesh said. That would hurt U.S. semiconductor stocks Qorvo (QRVO), Qualcomm (QCOM), Skyworks Solutions (SWKS) and Synaptics (SYNA), he said."
https://www.investors.com/news/technology/semiconductor-stocks-chinese-smartphone-woes-could-pressure-chipmakers/?src=A00220
Recent SWKS News
- Skyworks Reports Q2 FY24 Results • Business Wire • 04/30/2024 08:01:00 PM
- Skyworks Sets Date for Second Quarter Fiscal 2024 Earnings Release and Conference Call • Business Wire • 04/17/2024 12:01:00 PM
- Skyworks to Present at the Morgan Stanley Technology, Media & Telecom Conference • Business Wire • 02/27/2024 01:01:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 11:54:31 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 10:14:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 11:48:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 11:47:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 09:03:50 PM
- Skyworks Reports Q1 FY24 Results • Business Wire • 01/30/2024 09:01:00 PM
- Skyworks Sets Date for First Quarter Fiscal 2024 Earnings Release and Conference Call • Business Wire • 01/16/2024 01:01:00 PM
- Skyworks Showcases Its Momentum for Smart Cities, Automotive and More at the Consumer Electronics Show Booth No. 9627 • Business Wire • 01/09/2024 08:01:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 11:38:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/15/2023 09:12:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/14/2023 09:17:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/20/2023 11:30:09 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/17/2023 09:42:37 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 11/17/2023 09:05:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 11:30:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/14/2023 11:50:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/14/2023 11:48:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/14/2023 11:47:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/14/2023 11:45:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/14/2023 11:44:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/14/2023 11:43:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/14/2023 11:41:19 PM
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