Qorvo Inc (NASDAQ: QRVO) is a semiconductor company that designs, develops, manufactures, and markets radio frequency (RF) solutions for mobile devices, defense and aerospace systems, and connectivity applications. Revenue comes from transactional product sales to OEMs and ODMs, sold directly and through distributor networks. Apple Inc. accounted for 50% of total revenue in fiscal year 2026 (ended March 28, 2026), with sales flowing through multiple contract manufacturers. Samsung Electronics Co., Ltd. accounted for 10% of total revenue in fiscal year 2026. Qorvo operates three reportable segments: Advanced Cellular Group (ACG), serving smartphones, wearables, laptops, and tablets; High Performance Analog (HPA), serving defense, aerospace, and industrial markets; and Connectivity and Sensors Group (CSG), serving IoT and connectivity markets. On October 27, 2025, Qorvo entered a merger agreement with Skyworks Solutions Inc., which was approved by stockholders of both companies as of the 10-K filing date of May 8, 2026. CEO Robert A. Bruggeworth leads the company, headquartered in the United States.

Revenue model

Transactional product sales of RF semiconductors and compound semiconductor solutions to OEMs, ODMs, and defense customers, sold directly and through sales representative firms and distributors worldwide. Qorvo also provides foundry and assembly services from its Richardson, Texas facility, which holds U.S. DoD Category 1A Trusted Source accreditation.

Products and services

RF front-end modules and solutions for smartphones and mobile devices; GaN and GaAs RF components for radar, electronic warfare, and communications systems; BAW and SAW filters; Wi-Fi RF front-end solutions; multi-protocol (BLE, Zigbee, Matter, Thread) system-on-a-chip (SoC) solutions; ultra-wideband (UWB) SoCs and system-in-package (SiP) solutions; GaN and GaAs foundry and assembly services for defense primes and aerospace customers.

Customers and end markets

Apple Inc. (50% of total revenue, FY2026) and Samsung Electronics Co., Ltd. (10% of total revenue, FY2026) are the two largest customers, primarily purchasing RF solutions for mobile devices. Other end markets include U.S. government and defense primes (radar, electronic warfare, communications), U.S. allies and international defense customers, and IoT/connectivity markets spanning smart home, industrial, enterprise, and consumer applications.

Value-chain role

Vertically integrated semiconductor manufacturer and designer. Operates internal wafer fabrication (BAW, GaAs, GaN, SAW) in North Carolina (through Q4 FY2026 sale), Oregon, and Texas, with internal assembly facilities in Costa Rica (closed Q3 FY2026), Germany, and the U.S. Also sources silicon-based processes (SOI, SiGe, bulk CMOS) from external foundries. Sells finished semiconductor components and modules to OEMs and ODMs.

Geographic exposure

Global sales operation with fabrication in North Carolina, Oregon, and Texas (FY2026); internal assembly in Costa Rica (closed Q3 FY2026), Germany, and the U.S. Silicon-based processes sourced from foundries worldwide. Products sold to U.S. and international OEMs and ODMs. Defense sales include U.S. government, U.S. defense primes, and U.S. allies.

Source: SEC 10-K, filed 2026-05-08

Industry: Semiconductors & Related Devices Peers: NVIDIA Corp Skyworks Solutions Inc Wolfspeed Inc First Solar Inc Lattice Semiconductor Corp Monolithic Power Systems Inc ON Semiconductor Corp Silicon Laboratories Inc Universal Display Corp