Seeking Alpha

Skyworks (SWKS +1.8%) trades higher today after Canaccord starts coverage with a Buy and 33 PT....

Skyworks (SWKS +1.8%) trades higher today after Canaccord starts coverage with a Buy and 33 PT. The firm argues Skyworks has the broadest portfolio of RF components of any vendor, and is growing its share of the smartphone, Wi-Fi, and M2M markets. Both the iPhone 4S and the Galaxy S III use Skyworks power amplifiers, and the next iPhone could lead to a major increase in chip content over the 4S. But mobile component orders appear to be slipping.
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