Qorvo, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- 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.
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