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Huawei Honors Qorvo With Partner Awards

Qorvo,® announced it has been awarded Huawei's Best Collaboration Partner Award and Core Partner Award. The awards were accepted by Bob Bruggeworth, president and CEO of Qorvo, during a formal ceremony at Huawei's headquarters in Shenzhen, recognizing Qorvo's contribution as an outstanding supplier of RF solutions to Huawei.

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Qorvo Fiscal Q2 Revenue Up, Margin Down

Surfing the wave of the iPhone 7 ramp, Qorvo’s Q2 fiscal 2017 revenue jumped 24 percent sequentially and 22 percent above Q2 of fiscal 2016 to $865 million. Revenue was above the company’s guidance range of $820 million to $850 million. However, poor yields on a low band power amplifier duplexer (PAD) for the iPhone 7 hurt margins: GAAP gross margin was 36.6 percent, down from 39.6 percent in Q1 and 40.2 percent in Q2 of fiscal 2016.

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