Skyworks also named Philip Brace its next chief executive officer, effective Feb. 17. Brace will succeed Liam Griffin, who is retiring. Brace was most recently CEO of Inseego, a 5G mobile company.
Shares of Skyworks Solutions (SWKS) were plummeting 30% in pre-market trading Thursday after the mobile chip supplier said it expected to lose space in Apple's (AAPL) next-generation iPhone.
Both Qualcomm and Arm Holdings trade lower after earnings, Skyworks says its share of the business to supply Apple will fall and cut into revenue, and Ford Motor’s operating profit forecast ...