Qorvo, Inc. (QRVO)

Qorvo, Inc. was formed in 2015 through the combination of RF Micro Devices, based in Greensboro, North Carolina, and TriQuint Semiconductor, based in Hillsboro, Oregon. The merger was announced in early 2014 and completed on January 1, 2015, creating a large supplier of radio frequency components. The combined company kept its headquarters in Greensboro and its stock listed on Nasdaq under the symbol QRVO.

Qorvo designed and manufactured radio frequency integrated circuits, filters, power amplifiers and related modules. Its main customers were smartphone makers, with a large share of sales going to Apple and Samsung, and it also served base-station, defense, aerospace, automotive and industrial customers. The company reported results in segments covering mobile products and infrastructure and defense products.

The product line extended beyond mobile radios. Qorvo offered ultra-wideband chips, MEMS-based sensors, power management integrated circuits and silicon carbide power devices, and it operated compound semiconductor foundry services for defense customers. It acquired companies including Anokiwave in 2022 to strengthen its position in high-frequency and phased-array technology, and in 2025 it agreed to sell its silicon carbide JFET business to onsemi.

Qorvo's results depended heavily on the cycle of smartphone demand and on concentration among a few large customers. The company worked to diversify toward infrastructure, defense and automotive markets, and it restructured parts of its manufacturing footprint. Investor activism and consolidation pressure in the RF industry formed the backdrop to the 2025 announcement of a strategic combination.

On October 28, 2025, Skyworks Solutions and Qorvo announced a merger of the two companies, described at the time as creating a large U.S. supplier of RF and mixed-signal solutions with a combined value of roughly $22 billion. Qorvo shareholders were to receive $32.50 in cash and 0.960 shares of Skyworks common stock for each Qorvo share. The companies announced leadership plans for the combined business and, on September 30, 2026, reported that all required regulatory clearances had been received.

The transaction closed in early October 2026, and a Form 25 was filed on October 5, 2026 to remove Qorvo's common stock from listing on Nasdaq. Qorvo became part of the combined company, and former Qorvo holders received cash and shares of Skyworks common stock, which trades on Nasdaq under SWKS. The QRVO ticker no longer trades.

Qorvo's Nasdaq listing had been part of the broader Nasdaq-100 and S&P index universes for several years, and the merger meant those index positions were reassigned following completion. The deal reflected a wider trend of consolidation among analog and RF semiconductor suppliers facing high research costs and concentrated smartphone demand. Skyworks and Qorvo had long competed in front-end modules for mobile devices, so regulatory review in several jurisdictions preceded closing.