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Skyworks' Sunny Outlook Defies Chip Trend
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SAN FRANCISCO - Skyworks Solutions(SWKS Quote) said it is fully booked for the current quarter, putting the wireless chipmaker on target to meet its previously issued financial guidance.
In a regulatory filing issued ahead of an executive presentation at an investor conference, the Woburn, Mass., chipmaker also said it is seeing improving order visibility.
Shares of Skyworks were up 10 cents to $9.44 in midday trading Wednesday, as many of its peers wallowed in negative territory due to bearish comments by the CEO of Qualcomm(QCOM Quote), one of the world's top cell phone chip makers. ...
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