Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors enabling a broad range of end markets, today announced the creation of a joint venture with Panasonic Corporation, one of the largest electronic product manufacturers in the world, to design, develop and deliver high performance filters including surface acoustic wave (SAW) and temperature compensated (TC) SAW devices. At the core of the joint venture is Panasonic Filter Division’s engineering and process talent, expertise in filter design and leading edge products as well as 412 fundamental filter patents and patent applications.
“We believe this new venture leverages the core strengths of both companies to better serve the high volume filter market and positions us to substantially grow the business, benefiting our customers and employees,” said Shigeru Ono, director of Panasonic’s Circuit Components Business Division.
“We are excited to be joining forces with Panasonic in bringing highly innovative filters to the exploding mobile connectivity and Internet of Things markets,” said David J. Aldrich, president and chief executive officer of Skyworks. “Panasonic has a long heritage in SAW filter products and is the clear performance leader and largest volume producer of rapidly emerging TC SAW filters with shipments already approaching a quarter of a billion units. Our joint venture structure capitalizes on Panasonic’s acoustic filtering and piezoelectric leadership while further augmenting Skyworks’ product breadth and integration capabilities. Together we intend to deliver the world’s highest performance, lowest cost and shortest cycle time solutions. Further, Skyworks’ joint venture with Panasonic is complementary to our strategic investments in high frequency bulk acoustic filters. As a result, we can now develop customized solutions for any band configuration where filter technology is applicable, spanning high, mid and low band frequencies. In short, Skyworks has covered the RF spectrum with best in class filter products, by targeted band, allowing us to offer differentiated architectures for the most demanding customer applications.”