Qorvo: 5G top 3 - Ericsson, Qualcomm, Qorvo

March 30, 2021 

I asked my friend Ni Jun, Apple engineer, and he told me top 3 5G companies are Ericsson, Qualcomm, Qorvo. I bought 4500 shares of NOK stocks, and I like to learn more about 5G and semiconductor business in 2021. 

Qorvo

Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. The company, which trades on NASDAQ, was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015.^[2][3] The headquarters for the company originally were in both Hillsboro, Oregon (home of TriQuint), and Greensboro, North Carolina (home of RFMD),^[4] but in mid-2016 the company began referring to its North Carolina site as its exclusive headquarters.^[5]

History[edit]

Qorvo was created on January 1, 2015, with the merger of TriQuint Semiconductor and RF Micro Devices (RFMD).^[2] In June 2015, the new company became a component of the S&P 500, replacing tobacco company Lorillard.^[6] At the time of joining the S&P 500, Qorvo was valued at $12 billion.^[6] The company employs more than 8,000 people.^[7] As of mid-2016, the Oregon plant alone was employing almost 1,000 people.^[5]

In 2016 GreenPeak Technologies was acquired, adding ultra-low power, short range wireless connected home and IoT solutions to its portfolio. GreenPeak Technologies was best known for its Zigbee chips of which they had sold 100 million in 2015. GreenPeak Technologies is headquartered in Utrecht, The Netherlands. ^[8]

In 2020, Qorvo acquired Irish semi-conductor company Decawave in a deal that was estimated to be worth $400 million. ^[9]