RF Industry Review Q2 2023: Financials

RF Industry Review Q2 2023: Financials

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Sales declined for almost three quarters of publicly traded RF & wireless semiconductor suppliers and profitability, as defined by net income divided by sales, fell precipitously. Intel and Qorvo were among the hardest hit as supply chain inventories in laptops and smartphones went through steep corrections, but almost all suppliers felt the effects of lower demand.

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