
Nov 2 (Reuters) – Apple supplier Skyworks Solutions (SWKS.O) forecast first-quarter revenue below estimates on Thursday, as the company gets ready to face fierce competition from Chinese-manufactured chips.
Increased competition, especially from domestic chip makers in China after Huawei's Mate 60 phone launch in August, is expected to be detrimental to the market share of Skyworks and its peers.
Chipmaker Skyworks Solutions falls on dour first-quarter forecast comes via ChinaTechNews.com.