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Skyworks Solutions Drops PMC- Sierra Bid: Sorry To Say, You Ain't Worth That Much

2015-11-24 22:35:03| Electronics - Topix.net

Skyworks stepping away from PMC-Sierra shows the fiscal discipline and patience of management, gaining a substantial windfall of 88.5M to redeploy into future opportunities in order to diversify addressable markets. Down 30% from all time high, Skyworks has been unfairly pegged as a pure mobile company, with a strong correlation to Apple's performance, and continued fear of mobile market saturation.

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Category:Electronics and Electrical

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