With a market cap of $9.8 billion, Skyworks Solutions, Inc. (SWKS) is a semiconductor company that develops and manufactures analog and mixed-signal semiconductor products for industries such as automotive, aerospace, smartphones, medical devices, and wireless communications. It serves customers globally through direct sales, distributors, and independent representatives.
Shares of the Irvine, California-based company have lagged behind the broader market over the past 52 weeks. SWKS stock has declined 1.6% over this time frame, while the broader S&P 500 Index ($SPX) has increased 30.4%. In addition, shares of the company have returned 4.4% on a YTD basis, compared to SPX’s 7.9% gain.
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