Skyworks Solutions Inc. Rated 'BBB-' On Acquisition Of The Infrastructure And Automotive Business Of Silicon Labs - S&P Global Ratings’ Credit Research

Skyworks Solutions Inc. Rated 'BBB-' On Acquisition Of The Infrastructure And Automotive Business Of Silicon Labs

Skyworks Solutions Inc. Rated 'BBB-' On Acquisition Of The Infrastructure And Automotive Business Of Silicon Labs - S&P Global Ratings’ Credit Research
Skyworks Solutions Inc. Rated 'BBB-' On Acquisition Of The Infrastructure And Automotive Business Of Silicon Labs
Published Apr 22, 2021
3 pages (1658 words) — Published Apr 22, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Irvine, Calif.-based radio-frequency (RF) semiconductor maker Skyworks Solutions Inc. is buying the infrastructure and automotive business Silicon Laboratories Inc. for $2.75 billion. We assigned a 'BBB-' issuer credit rating to Skyworks. The stable outlook reflects good cushion within the rating to absorb operating volatility and future acquisitions, as well as the company's commitment to debt repayment and maintaining an investment-grade rating. SAN FRANCISCO (S&P Global Ratings) April 22, 2021—S&P Global Ratings today took the rating actions listed above. In addition to the technical hurdles in replacing the RF supply chain, we note most Apple suppliers we rate have good relationships with the firm. We believe Apple aims to differentiate its ecosystem and user experience and that it is happy to

  
Report Type:

Ratings Action

Ticker
SWKS
Issuer
Skyworks Solutions Inc.
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Skyworks Solutions Inc. Rated 'BBB-' On Acquisition Of The Infrastructure And Automotive Business Of Silicon Labs" Apr 22, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Skyworks-Solutions-Inc-Rated-BBB-On-Acquisition-Of-The-Infrastructure-And-Automotive-Business-Of-Silicon-Labs-2634262>
  
APA:
S&P Global Ratings’ Credit Research. (). Skyworks Solutions Inc. Rated 'BBB-' On Acquisition Of The Infrastructure And Automotive Business Of Silicon Labs Apr 22, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Skyworks-Solutions-Inc-Rated-BBB-On-Acquisition-Of-The-Infrastructure-And-Automotive-Business-Of-Silicon-Labs-2634262>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.