Skyworks clears U.S. antitrust hurdle for Qorvo merger; China and South Korea remain
SWKS sits 21% above its 52-week low of $51.93.
Summary
The FTC cleared Skyworks' $8.6 billion acquisition of Qorvo by allowing the HSR waiting period to expire, leaving only China and South Korea antitrust reviews as the remaining regulatory hurdles.
Key Events · M&A and Partnerships · SWKS
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FTC Clears Merger
By allowing the HSR waiting period to expire on August 1, 2026, without taking action, the FTC removed U.S. antitrust risk for the Qorvo acquisition.
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Foreign Investment Approvals Secured
All required foreign investment filings have been cleared, further de-risking the transaction.
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Remaining Antitrust Reviews
Only China (SAMR) and South Korea (KFTC) antitrust reviews remain open; Skyworks is working constructively with both regulators.
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Closing Timeline Updated
Skyworks is hopeful to close within the calendar year and is preparing to close as early as within the fiscal year, though no assurances are given.
Analysis · SWKS · Manufacturing
A major regulatory risk for the $8.6 billion Qorvo acquisition has been removed after the FTC allowed the HSR waiting period to expire without action. With foreign investment approvals now secured and only China and South Korea antitrust reviews outstanding, the path to closing is significantly clearer. Skyworks now targets closing within the calendar year, potentially as early as the current fiscal year, though no assurances are given. This is a critical de-risking event for a transformative merger that has been pending since October 2025.
At the time of this filing, SWKS was trading at $62.81 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $9.4B. The 52-week trading range was $51.93 to $90.90. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.