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MACOM Faces Second Quarter of Chinese Headwinds

For the first quarter of fiscal 2018, MACOM reported revenue of $130.9 million, which was down 21 percent sequentially and down 14 percent from the prior year’s quarter. MACOM’s CEO John Croteau attributed the decline in revenue to “the geopolitical downturn in China,” the second quarter softness in China has dampened revenue.


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Skyworks Tops $1B in Quarterly Revenue

Reflecting strong demand from cellular phone, Wi-Fi and IoT applications, Skyworks exceeded $1 billion in quarterly revenue for the first time, generating $361 million in cash from operations to end the quarter with $1.7 billion in cash and no debt.


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