Qorvo, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Robert A. Bruggeworth
- Full Time Employees
- 5,200
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 7628 Thorndike Road Greensboro NC United States of America 27409-9421
- IPO Date
- Jan 2, 2015
- CIK
- 0001604778
- Website
- qorvo.com
- Similar Companies
- Business
- Qorvo, Inc. is a global semiconductor company specializing in the design, development, manufacturing, and marketing of advanced radio frequency (RF) and power management solutions. Its core product portfolio includes RF front-end modules, premium filters, power amplifiers, antenna control solutions, switch products, and system-on-chip (SoC) solutions designed primarily for wireless communication, wired infrastructure, power management, automotive, defense/aerospace, industrial, and smart home markets. The company’s products serve diverse applications such as smartphones, wearables, networking infrastructure, industrial automation, and military systems, with technologies spanning 5G, Wi-Fi 7, satellite communications, and radar systems. Qorvo operates through three main business segments: High Performance Analog, Connectivity and Sensors Group, and Advanced Cellular Group, offering products like cellular RF solutions, smart home IoT platforms, GaN-based power amplifiers, and foundry services for defense and aerospace customers. Founded in 1957 and headquartered in Greensboro, North Carolina, Qorvo expanded its global footprint through manufacturing and sales operations in the United States, China, Taiwan, Europe, and other parts of Asia. A significant recent strategic change is Qorvo’s partnership with Luxshare Precision Industry, whereby Luxshare is acquiring Qorvo’s assembly and test facilities in Beijing and Dezhou, China, expected to close in the first half of 2024. This move aims to streamline Qorvo’s manufacturing operations while maintaining customer support and sales presence in China. Additionally, in 2024, Qorvo completed the acquisition of Anokiwave, enhancing its portfolio with high-performance silicon integrated circuits for intelligent active array antennas, reinforcing its system integration capabilities in advanced RF solutions. Qorvo has been actively launching new products to address emerging market needs; notable in 2024 was the introduction of the QPG6200L, a next-generation system-on-chip solution for smart home devices supporting multiple wireless protocols including Matter, Zigbee, and Bluetooth Low Energy, featuring energy-efficient ConcurrentConnect technology. The company showcased a robust lineup of products for connectivity ranging from 5G to ultra-wideband technologies at CES 2024, emphasizing its leadership in providing efficient, scalable, and high-performance semiconductor solutions to enable smart, connected ecosystems. Qorvo’s strategic shifts and product innovations align with its mission to connect, protect, and power global customers across consumer electronics, defense, industrial, and infrastructure markets while focusing on margin improvement and capital efficiency.
Company News
Mouser Releases New Qorvo eBook on RF Solutions for Drones, SATCOM and IIoT Next-Generation Markets
Here's Why Qorvo (QRVO) is a Strong Value Stock
Skyworks Announces Extension of Expiration Date of Exchange Offers for Qorvo's Senior Notes due 2029 and 2031
Qorvo (QRVO) Up 6.3% Since Last Earnings Report: Can It Continue?
Athos Capital Ltd Takes Position in Qorvo, Inc. $QRVO
Deutsche Bank AG Purchases Shares of 199,589 Qorvo, Inc. $QRVO
Empowered Funds LLC Sells 7,563 Shares of Qorvo, Inc. $QRVO
Here's Why Qorvo (QRVO) is a Strong Momentum Stock
Qorvo Insiders Keep Filing. But the Merger Is the Main Thing That Matters
Qorvo's Fate Is Tied to a Skyworks Buyout. Here's What Its Latest Insider Filings Show
How Qorvo's $22 Billion Merger Changes What Its Insider Filings Mean
Should You Worry About This Qorvo Insider Activity During the Skyworks Deal? Here's What to Know
A Qorvo Executive's Shares Vested Amid the Skyworks Deal. Here's What to Know
A Qorvo Insider Disposed of Shares as a Merger Looms. Here's What Long-Term Investors Should Know
Bank of America Corp DE Buys 1,571,303 Shares of Qorvo, Inc. $QRVO
Should Investors Buy QRVO or Wait for More Visibility?
QRVO Earnings Beat Highlights a Changing Profitability Story
QRVO Rises 11.6% in the Past Month: Can the Rally Continue?
Why Qorvo (QRVO) is a Top Value Stock for the Long-Term
Qorvo (QRVO) Upgraded to Buy: Here's What You Should Know