Better Buy: Skyworks Solutions vs. Broadcom
Skyworks Solutions (NASDAQ: SWKS) and Broadcom (NASDAQ: AVGO) both produce chips for an increasingly connected world. Skyworks sells radio frequency (RF) chips for the mobile, automotive, broadband, wireless infrastructure, home automation, industrial, and military markets.
Broadcom sells myriad semiconductors for the data center, networking, storage solutions, broadband, wireless, and industrial markets. It also expanded its infrastructure software business by acquiring CA Technologies in 2018 and Symantec's enterprise security business in 2019.
Both companies rely heavily on Apple (NASDAQ: AAPL), which accounted for 51% and 20% of Skyworks' and Broadcom's revenue, respectively, in fiscal 2019. Skyworks supplies power amplifier modules (PAM) and diversity receive front-end (DRx) modules for iPhones and iPads, while Broadcom supplies Wi-Fi, Bluetooth, and RF front-end chips for the iPhone, iPad, and Apple Watch.
Source Fool.com
