Apple’s key suppliers, Qorvo and Skyworks Solutions, have announced a merger that will create a new semiconductor giant valued at approximately $22 billion. The all-stock deal aims to strengthen their competitive edge in the global chip market, particularly in the fast-growing radio frequency (RF) and analog chip segments critical to smartphones, connected devices, and 5G networks.

The combined company will leverage both firms’ deep expertise in RF front-end technology, which powers wireless communication in iPhones and other mobile devices. By joining forces, Qorvo and Skyworks seek to optimize research and development, expand their global customer base, and reduce supply chain dependencies amid increasing pressure from rivals such as Broadcom and Qualcomm.

Industry analysts say the merger is a strategic response to consolidation trends across the semiconductor sector, where scale and integration are becoming key to maintaining profitability and technological leadership. Both companies are major suppliers to Apple, and the merger could give the tech giant a more stable and cost-efficient chip supply chain as it ramps up investments in 5G, AI, and future hardware ecosystems.

The new entity, expected to be finalized in 2026 pending regulatory approvals, will operate under a unified brand, with a balanced board representing both companies. Headquarters and leadership details are still being finalized, but executives confirmed a shared focus on driving innovation in power management, wireless connectivity, and high-performance analog systems.

If successful, the Qorvo–Skyworks merger will create one of the world’s largest dedicated RF and analog chip manufacturers, capable of competing more effectively with semiconductor heavyweights while serving a rapidly diversifying global electronics market.