Skyworks maintains strong cash flow generation

What happened

Skyworks Solutions reported Q2 FY2023 revenue of $1.15B, a sequential decline of 13.2% and a year-over-year decline of 13.7%. This reflects continued softness in end-market demand, particularly in the smartphone and broader consumer electronics segments. Bearish: The sustained revenue drop signals persistent demand weakness, which could pressure pricing and inventory levels for analog components in the supply chain.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 5/15/2023 · View original source