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Irvine, California-based Skyworks Solutions, Inc. (SWKS) develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions. Valued at a market cap of $8.4 billion, the company’s products are used in aerospace, automotive, broadband, smartphone, defense, entertainment and gaming, industrial, and wearables applications.
This semiconductor company has significantly lagged behind the broader market over the past 52 weeks. Shares of SWKS have declined 34.4% over this time frame, while the broader S&P 500 Index ($SPX) has surged 15.4%. Moreover, on a YTD basis, the stock is down 11.8%, compared to SPX’s 1.1% return.