“Qorvo delivered significantly improved financial performance in the September quarter supported by content gains at our largest customer,” Bob Bruggeworth, chief executive officer of Qorvo, says. That customer is Apple, says Reuters.
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The latest quarterly financials are in for a host of N.C. companies, Here’s the latest.
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Treasury Secretary Janet Yellen criticized China’s treatment of U.S. companies during a meeting with businesspeople on Friday, including announced but unspecified controls on exports of gallium and germanium, metals used in making semiconductors and solar panels. North Carolina-based Wolfspeed and Qorvo need gallium for some of their products.
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Continuing friction over trade, national security, semiconductors and more is more than a headache for Durham-based Wolfspeed and Triad-based Qorvo. Both firms could be hit by a key material needed for their chips. And Wolfspeed’s CEO is quite familiar with the China trade challenge.
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Semiconductor firm Qorvo on Wednesday reported a loss of $138.4 million in its fiscal fourth quarter. But Wall Street expected worse.
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It’s earnings season and North Carolina-based public companies are posting earnings. Here are the latest.
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Public companies across North Carolina reported quarterly earnings last week. Here’s a roundup.
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A U.S. Food and Drug Administration decision to grant broader emergency use authorization to Qorvo Biotechnologies’ COVID diagnostic test is significantly expanding the product’s reach.
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GREENSBORO – Chip maker Qorvo on Wednesday reported fiscal first-quarter earnings that exceeded Wall Street expectations, sending shares up nearly $10 a share in after-hours trading. However, investors later cooled on the stock, erasing not only the 10% surge but also dropping shares nearly $4 below Wednesday’s closing price...
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