Starboard Value Sees Potential Upside in Skyworks Following Qorvo Merger, Bloomberg Reports

Activist investor Starboard Value believes Skyworks Solutions (NASDAQ:SWKS) could benefit from cost reductions and improved operating margins following its merger with Qorvo, according to a Bloomberg News report published on Monday. Citing people familiar with the matter, Bloomberg reported that Starboard considers the wireless semiconductor manufacturer’s shares undervalued following the completion of its acquisition of Qorvo earlier this month.