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Skyworks Doubles YoY Smart Phone Shipments
Skyworks Solutions Inc., an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity, announced that it continues to support the steep growth trajectory of the rapidly emerging Smart Phone segment through its Intera™ portfolio of innovative front-end modules (FEM). Given the premium placed on space and power efficiency, the company has consistently roughly doubled its year-over-year Smart Phone FEM shipments since 2004, with over 40 million units sold in fiscal 2008 alone.
Oppenheimer & Co. equity research group forecasts continued robust demand for Smart Phones. In a recent survey, Skyworks was highlighted as a key beneficiary of growth within the Smart Phone segment, which is primarily being driven by new subscribers and an upgrade cycle. Meanwhile, Gartner and Credit Suisse anticipate 37 percent year-over-year growth in 2008 to 170 million Smart Phone shipments. Further, they are forecasting a compound annual growth rate (CAGR) of 51 percent from 2007-2010, and unit growth from 122 million units to 422 million units -- reflecting healthy fundamentals for the market.
“Based on customer demand, we see continued strong growth in the Smart Phone segment, particularly as penetration rates move upward from the sub teens of the global handset market,” said Gregory L. Waters, Skyworks’ executive vice president and general manager of front-end solutions. “As these devices become increasingly mainstream, Skyworks is leading the way with our family of Intera™ front-end modules, which uniquely enable power efficient, multi-mode, multi-band applications in ever smaller footprints.”