RF Micro Devices (RFMD +0.6%) is spending $47.5M in cash to acquire Amalfi Semiconductor, a developer of RF/mixed-signal chips for low-end smartphones. Amalfi specializes in RF CMOS chips, which can be cheaper than traditional gallium arsenide parts. The purchase comes at a time when low-end Android sales to emerging markets are heavily responsible for smartphone growth. Rival Skyworks noted on last week's earnings call it expects the Chinese smartphone market to be a big near-term growth driver.
RF Micro Devices (RFMD +0.6%) is spending $47.5M in cash to acquire Amalfi Semiconductor, a...
From other sites
Video at CNBC.com (May 5, 2016)
Video at CNBC.com (Apr 15, 2016)
Video at CNBC.com (May 7, 2015)
at CNBC.com (Jan 16, 2015)
at CNBC.com (Dec 22, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs