Skyworks Solutions provided an update on its proposed merger with Qorvo, confirming that the U.S. Federal Trade Commission allowed the timing agreement to expire without further action after the Hart-Scott-Rodino waiting period ended. The transaction remains subject to closing conditions and pending regulatory approvals in China and South Korea. Skyworks anticipates closing within the calendar year but provided no assurances regarding the timeline. This company operates in the semiconductor industry, designing and manufacturing radio frequency and power management solutions.
