Company type | Public |
---|---|
ISIN | US74736K1016 |
Industry | Wireless handsets, base station, broadband communications, military, foundry |
Predecessors | |
Founded | 2015 |
Headquarters | Greensboro, North Carolina |
Key people |
|
Products | SAW and BAW filters, GaAs and GaN foundry services and components |
Revenue | US$3.77 billion (2024) |
US$92 million (2024) | |
US$−70 million (2024) | |
Total assets | US$6.55 billion (2024) |
Total equity | US$3.56 billion (2024) |
Number of employees | c. 8,700 (2024) |
Website | qorvo.com |
Footnotes /references Financials as of March 30,2024 [update] . [1] |
Qorvo, Inc. is an American multinational company specializing in products for wireless, wired, and power markets. [2] The company was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015. [3] It trades on Nasdaq under the ticker symbol QRVO. [4] The headquarters for the company originally were in both Hillsboro, Oregon (home of TriQuint), and Greensboro, North Carolina (home of RFMD), [5] but in mid-2016 the company began referring to its North Carolina site as its exclusive headquarters. [6]
Qorvo was created on January 1, 2015, with the merger of TriQuint Semiconductor and RF Micro Devices (RFMD). [4] In June 2015, the new company became a component of the S&P 500. [7] At the time of joining the S&P 500, Qorvo was valued at $12 billion. [7] The company employs more than 8,000 people. [8] As of mid-2016, the Oregon plant alone was employing almost 1,000 people. [6]
In 2016, GreenPeak Technologies was acquired, adding ultra-low power, short range wireless connected home and IoT to its portfolio. GreenPeak Technologies was best known for its Zigbee chips of which they had sold 100 million in 2015. GreenPeak Technologies is headquartered in Utrecht, The Netherlands. [9]
In 2019, Qorvo acquired Active-Semi International, a fabless company with expertise in power efficiency and power management, which have become critical skills for designing circuitry for 5G equipment, the Internet of things (IoT), and a rapidly growing list of other products.
In 2020, Qorvo acquired the Irish fabless semiconductor company Decawave in a deal that was estimated to be worth $400 million. [10]
In 2021, Qorvo announced the acquisition of Mountain View, California–based NextInput, a pioneer in the emerging field of force-sensing for human-machine interface (HMI). [11] On November 3, 2021, Qorvo announced the acquisition of Princeton, New Jersey–based United Silicon Carbide (UnitedSiC), a leading manufacturer of silicon carbide–based semiconductors, such SiC FETs, SiC JFETs, SiC Diodes. [12]
In 2023, Qorvo announced QSPICE circuit simulation software would be limited beta testing in May, then open beta testing in July. It is developed by Mike Engelhardt, the author of LTspice. [13]
In 2024, Qorvo announced the acquisition of Anokiwave, a company that specializes in high-performance RFIC design. [14]
Qorvo products include Amplifier, for usage in radar systems, [15] PMICs for device charging in vehicles [16] as well as transistors that are needed in IFF and avionic devices. [17] The company also sells RF chips and front end components for use in smartphones. [18] [19] Furthermore Qorvo offers SiC power semiconductors, [20] as well as low power wireless components. [21]
Renesas Electronics Corporation is a Japanese semiconductor manufacturer headquartered in Tokyo, Japan, initially incorporated in 2002 as Renesas Technology, the consolidated entity of the semiconductor units of Hitachi and Mitsubishi excluding their dynamic random-access memory (DRAM) businesses, to which NEC Electronics merged in 2010, resulting in a minor change in the corporate name and logo to as it is now.
Cypress Semiconductor Corporation was an American semiconductor design and manufacturing company. It offered NOR flash memories, F-RAM and SRAM Traveo microcontrollers, PSoCs, PMICs, capacitive touch-sensing controllers, Wireless BLE Bluetooth Low-Energy and USB connectivity solutions.
Nordic Semiconductor ASA was founded in 1983 and is a Norwegian fabless technology company with its headquarters in Trondheim, Norway. The company specializes in designing ultra-low-power wireless communication semiconductors and supporting software for engineers developing and manufacturing Internet of Things (IoT) products.
Wolfspeed, Inc. is an American developer and manufacturer of wide-bandgap semiconductors, focused on silicon carbide and gallium nitride materials and devices for power and radio frequency applications such as transportation, power supplies, power inverters, and wireless systems. The company was formerly named Cree, Inc.
Silicon Image Inc. was an American fabless semiconductor company based in Hillsboro, Oregon, and active from 1995 to 2015. The company designed circuits for mobile phones, consumer electronics and personal computers (PCs). It also manufactured wireless and wired connectivity products used for high-definition content. The company's semiconductor and IP products were deployed by manufacturers in devices such as smartphones, tablets, digital televisions (DTVs), and other consumer electronics, as well as desktop and notebook PCs. Silicon Image, in cooperation with other companies, was influential in the creation of some global industry standards such as DVI, HDMI, MHL, and WirelessHD.
Microchip Technology Incorporated is a publicly listed American corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits. Its products include microcontrollers, Serial EEPROM devices, Serial SRAM devices, embedded security devices, radio frequency (RF) devices, thermal, power, and battery management analog devices, as well as linear, interface and wireless products.
RF Micro Devices, was an American company that designed and manufactured high-performance radio frequency systems for applications that drive wireless and broadband communications. Headquartered in Greensboro, North Carolina, RFMD traded on the NASDAQ under the symbol RFMD. The Company was founded in Greensboro, North Carolina, in 1991. RF Micro had 3500 employees, 1500 of them in Guilford County, North Carolina.
Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands. It is a subsidiary of Wingtech Technology, a Shanghai-listed company partially owned by the State-owned Assets Supervision and Administration Commission of the State Council. It has front-end factories in Hamburg, Germany, and Greater Manchester, England. It is the former Standard Products business unit of NXP Semiconductors. The company's product range includes bipolar transistors, diodes, ESD protection, TVS diodes, MOSFETs, and logic devices.
ON Semiconductor Corporation is an American semiconductor supplier company, based in Scottsdale, Arizona. Products include power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications. onsemi runs a network of manufacturing facilities, sales offices and design centers in North America, Europe, and the Asia Pacific regions. Based on its 2016 revenues of $3.907 billion, onsemi ranked among the worldwide top 20 semiconductor sales leaders, and was ranked No. 483 on the 2022 Fortune 500 based on its 2021 sales.
TriQuint Semiconductor was a semiconductor company that designed, manufactured, and supplied high-performance RF modules, components and foundry services. The company was founded in 1985 in Beaverton, Oregon before moving to neighboring Hillsboro, Oregon. In February 2014, Greensboro, North Carolina-based RF Micro Devices and TriQuint announced a merger in which the new company would be Qorvo, Inc., with the merger completed on January 1, 2015.
UNISOC, formerly Spreadtrum Communications, Inc., is a Chinese fabless semiconductor company headquartered in Shanghai which produces chipsets for mobile phones. UNISOC develops its business in two major fields - consumer electronics and industrial electronics. Consumer electronics includes smartphones, feature phones, smart audio systems, smart wearables and other related devices. Industrial electronics cover fields such as LAN IoT, WAN IoT and smart displays.
SiBEAM Inc., a wholly owned subsidiary of Lattice Semiconductor, is a fabless semiconductor company that provides integrated circuits and system solutions for millimeter-wave (mmWave) wireless communications and sensing.
Silicon Laboratories, Inc., commonly referred to as Silicon Labs, is a fabless global technology company that designs and manufactures semiconductors, other silicon devices and software, which it sells to electronics design engineers and manufacturers in Internet of Things (IoT) infrastructure worldwide.
MACOM Technology Solutions, Inc. is a developer and producer of radio, microwave, and millimeter wave semiconductor devices and components. The company is headquartered in Lowell, Massachusetts, and in 2005 was Lowell's largest private employer. MACOM is certified to the ISO 9001 international quality standard and ISO 14001 environmental standard. The company has design centers and sales offices in North America, Europe, Asia and Australia.
MaxLinear is an American hardware company. Founded in 2003, it provides highly integrated radio-frequency (RF) analog and mixed-signal semiconductor products for broadband communications applications. It is a New York Stock Exchange-traded company.
Dialog Semiconductor Plc is an Anglo-German semiconductor-based system designer and manufacturer. The company is headquartered in the United Kingdom in Reading, with a global sales, R&D and marketing organization. Dialog creates highly integrated application-specific standard product (ASSP) and application-specific integrated circuit (ASIC) mixed-signal integrated circuits (ICs), optimised for smartphones, computing, Internet of Things devices, LED solid-state lighting (SSL), and smart home applications.
Integrated Device Technology, Inc. (IDT), was an American semiconductor company headquartered in San Jose, California. The company designed, manufactured, and marketed low-power, high-performance mixed-signal semiconductor products for the advanced communications, computing, and consumer industries. The company marketed its products primarily to original equipment manufacturers (OEMs). Founded in 1980, the company began as a provider of complementary metal-oxide semiconductors (CMOS) for the communications business segment and computing business segments. The company focused on three major areas: communications infrastructure, high-performance computing, and advanced power management. Between 2018 and 2019, IDT was acquired by Renesas Electronics.
GreenPeak Technologies was an Utrecht, Netherlands-based fabless company developing semiconductor products and software for the IEEE 802.15.4 and Zigbee wireless market segment. Zigbee technology is used for Smart Home data communications and to facilitate the Internet of Things, the term used to refer to devices designed to be operated and managed by internet-enabled controllers and management systems.
IXYS Corporation is an American company based in Milpitas, California. IXYS focuses on power semiconductors, radio-frequency (RF) power semiconductors, and digital and analog integrated circuits (ICs).