Where Will Skyworks Solutions Be in 10 Years?
Skyworks Solutions' (NASDAQ: SWKS) stock has risen roughly 650% over the past decade as demand for its wireless chips climbed across the mobile, automotive, home automation, wireless infrastructure, and industrial markets. But can this chipmaker continue generating multi-bagger gains over the next 10 years?
Let's examine its long-term priorities to find out.
Skyworks provides power amplifier modules (PAM), diversity receive (DRx) modules, and other chips for Apple's (NASDAQ: AAPL) iPhones. It generated 51% of its revenue from the tech giant last year.
Source Fool.com
