Skyworks is affected by the US ban on Huawei
In the past month, the US blacklisting of Huawei has caused many US technology companies that provide electronic components to the company to be hit. The chip supplier Skyworks lowered its financial forecast on Tuesday and become one of the most affected manufacturers of electronic components.
According to media reports, Skyworks also told investors that they have stopped supplying to Huawei while reducing their financial forecasts. Skyworks, after Huawei was listed on the control list by the US Department of Commerce, they have stopped supplying to Huawei and its subsidiaries, and it is currently impossible to predict whether it will resume supply. In addition, Skyworks also revealed that 12% of their revenue comes from Huawei.
In response to the impact of Skyworks on reducing financial forecasts, senior semiconductor industry analysts said that Qualcomm, Micron, Xilinx, Broadcom, Texas Instruments, Cypress, Marvell, II-VI, On Semi, Mellanox, WDC, etc. are also expected to cut their financial forecasts.