{"success":true,"data":{"pressRelease":{"id":"157432","rtpr_id":"nGNXc1gjWG-20260930","ticker":"SWKS","exchange":"NASDAQ","all_tickers":["SWKS"],"title":"Skyworks Announces Extension of Expiration Date of Exchange Offers for Qorvo’s Senior Notes due 2029 and 2031","author":"Globe Newswire","published_at":"2026-09-30T23:11:19.125Z","article_body":"IRVINE, Calif., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Skyworks Solutions, Inc.\n(Nasdaq: SWKS) (“Skyworks”), a leading developer, manufacturer and\nprovider of analog and mixed-signal semiconductors and solutions for numerous\napplications, today announced that it has extended the expiration date of its\npreviously announced offers to holders of Qorvo Notes (as defined herein) to\nexchange (the “Exchange Offers”) any and all outstanding 4.375% Senior\nNotes due 2029 (the “2029 Qorvo Notes”) and any and all outstanding 3.375%\nSenior Notes due 2031 (the “2031 Qorvo Notes” and, together with the 2029\nQorvo Notes, the “Qorvo Notes”) issued by Qorvo, Inc. (“Qorvo”) as set\nforth in the table below for (1) with respect to the 2029 Qorvo Notes, up to\n$850,000,000 aggregate principal amount of new 4.375% Senior Notes due 2029\n(the “New 2029 Skyworks Notes”) issued by Skyworks and (2) with respect to\nthe 2031 Qorvo Notes, up to $700,000,000 aggregate principal amount of new\n3.375% Senior Notes due 2031 (together with the New 2029 Skyworks Notes, the\n“New Skyworks Notes”) issued by Skyworks.\n\nExtension of Expiration Date\n\nThe Expiration Date of the Exchange Offers and the Withdrawal Deadline were\npreviously extended to 5:00 p.m., New York City time, on October 2, 2026.\n\nSkyworks has further extended the Expiration Date and the Withdrawal Deadline\nto 5:00 p.m., New York City time, on October 5, 2026, subject to further\nextension or earlier termination or other amendment. Skyworks expects that the\nMergers (as defined herein) will close on or about October 5, 2026 (subject to\nsatisfaction or waiver of all closing conditions). All other terms and\nconditions of the Exchange Offers as set forth in the Prospectus (as defined\nherein) remain in full force and effect. Capitalized terms used but not\ndefined herein have the respective meanings set forth in the Prospectus.\n\nParticipation to Date\n\nGlobal Bondholder Services Corporation, the information agent for the Exchange\nOffers, has advised Skyworks that as of 5:00 p.m., New York City time, on\nSeptember 30, 2026, the last business day prior to the announcement of the\nfurther extension of the Exchange Offers, the following respective principal\namounts of each series of Qorvo Notes have been validly tendered and not\nvalidly withdrawn:\n\n Title of Qorvo Notes / CUSIP / ISIN No.                                                                                                      Principal Amount Outstanding      Principal Amount Tendered     Percentage      \n 4.375% Senior Notes due 2029  Registered:  74736KAH4 / US74736KAH41  144A: 74736KAG6 / US74736KAG67  Regulation S: U7471QAF1 / USU7471QAF10  $850,000,000                      $779,250,000                  91.68%          \n 3.375% Senior Notes due 2031  144A: 74736KAJ0 / US74736KAJ07  Regulation S: U7471QAJ3 / USU7471QAJ32                                         $700,000,000                      $653,328,000                  93.33%          \n                                                                                                                                                                                                                              \n\nHolders of Qorvo Notes who have already validly tendered and not validly\nwithdrawn their Qorvo Notes do not need to re-tender their notes or take any\nother action as a result of the extension of the Expiration Date, and their\ntenders remain effective. Holders of Qorvo Notes who have not yet validly\ntendered, or who validly tendered and validly withdrew, may tender or\nre-tender, as applicable, their Qorvo Notes at any time at or prior to the\nExpiration Date and will be eligible to receive the applicable consideration\nas described in the Prospectus, subject to the terms and conditions set forth\nin the Prospectus, including, subject to submitting a valid Early\nParticipation VOI Number with respect to such tendered or re-tendered Qorvo\nNotes, the Early Participation Premium with respect to such Qorvo Notes.\n\nSettlement Date\n\nSubject to the terms and conditions set forth in the Prospectus, the\nsettlement date (the “Settlement Date”) will be promptly after the\nExpiration Date and is expected to occur no earlier than the second business\nday after the closing date of the Mergers.\n\nAdditional Information\n\nThe Exchange Offers are being made pursuant to the terms and subject to the\nconditions set forth in Skyworks’ registration statement on Form S-4, which\nwas declared effective on May 29, 2026, and the related final prospectus\nfiled with the U.S. Securities and Exchange Commission (the “SEC”) on\nMay 29, 2026 (as it may be amended or supplemented from time to time, the\n“Prospectus”). Capitalized terms used but not defined herein have the\nmeanings ascribed to such terms in the Prospectus. Each Exchange Offer is\nconditioned upon the closing of the transactions pursuant to which Qorvo will\nmerge with and into a subsidiary of Skyworks (the “Mergers”), with such\nsubsidiary continuing as the surviving entity and a wholly-owned subsidiary of\nSkyworks, which condition may not be waived by Skyworks. The closing of the\nMergers is not conditioned upon the results of the Exchange Offers.\n\nSkyworks, in its sole discretion, may modify or terminate either Exchange\nOffer and may extend the Expiration Date and/or the Settlement Date with\nrespect to either Exchange Offer, subject to applicable law. Any such\nmodification, termination or extension by Skyworks with respect to an Exchange\nOffer will not automatically modify, terminate or extend the other Exchange\nOffer. The Exchange Offer with respect to a series of Qorvo Notes is not\nconditioned upon the consummation of the Exchange Offer with respect to the\nother series of Qorvo Notes.\n\nThe complete terms and conditions of the Exchange Offers are described in the\nProspectus, a copy of which may be obtained by contacting Global Bondholder\nServices Corporation, the exchange agent and information agent in connection\nwith the Exchange Offers, at (855) 654-2015 (U.S. toll-free) or (212) 430-3774\n(banks and brokers) or contact@gbsc-usa.com. Questions regarding the terms and\nconditions of the Exchange Offers should be directed to the dealer manager,\nGoldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Collect:\n(212) 357-1452, Toll-Free: (800) 828-3182.\n\nThis press release does not constitute an offer to sell or purchase, or a\nsolicitation of an offer to purchase or sell, any security. No offer,\nsolicitation, purchase or sale will be made in any jurisdiction in which such\nan offer, solicitation, or sale would be unlawful. The Exchange Offers are\nbeing made solely pursuant to the Prospectus and only to such persons and in\nsuch jurisdictions as is permitted under applicable law.\n\nAbout Skyworks\n\nSkyworks Solutions, Inc. is empowering the wireless networking revolution.\nSkyworks is a leading developer, manufacturer and provider of analog and\nmixed-signal semiconductors and solutions for numerous applications, including\naerospace, automotive, broadband, cellular infrastructure, connected home,\ndefense, entertainment and gaming, industrial, medical, smartphone, tablet and\nwearables.\n\nSkyworks is a global company with engineering, marketing, operations, sales\nand support facilities located throughout Asia, Europe and North America and\nis a member of the S&P 500® market index (Nasdaq: SWKS).\n\nSafe Harbor Statement\n\nThis press release includes “forward-looking statements.” Forward-looking\nstatements relate to future events, including, but not limited to, the\nExchange Offers and the Mergers, as applicable. These forward-looking\nstatements include information relating to future events, prospects,\nexpectations and results of Skyworks (e.g., certain projections and business\ntrends, including with respect to future sales and revenue, as well as plans\nfor dividend payments). Forward-looking statements can often be identified by\nwords such as “anticipates,” “estimates,” “expects,”\n“forecasts,” “intends,” “believes,” “plans,” “may,”\n“will” or “continue,” and similar expressions and variations or\nnegatives of these words. All such statements are subject to certain risks,\nuncertainties and other important factors that could cause actual results to\ndiffer materially and adversely from those projected and may affect\nSkyworks’ future operating results, financial position and cash flows.\n\nThese risks, uncertainties and other important factors include: the risks of\ndoing business internationally, including from trade war or trade protection\nmeasures (e.g., tariffs, retaliatory tariffs and other countermeasures or\ntaxes), increased import/export restrictions and controls (e.g., Skyworks’\nability to obtain foreign-sourced raw materials, including from Chinese-based\nsources, as well as Skyworks’ ability to sell products to certain specified\nforeign entities only pursuant to a limited export license from the U.S.\nDepartment of Commerce), the susceptibility of the semiconductor industry and\nthe markets addressed by Skyworks’, and Skyworks’ customers’, products\nto economic cycles or changes in economic conditions, including inflation and\nrecession that could result from trade war or trade protection measures;\nSkyworks’ reliance on a small number of key customers for a large percentage\nof Skyworks’ sales; decreased gross margins and loss of market share as a\nresult of increased competition; Skyworks’ ability to obtain design wins\nfrom customers; Skyworks’ ability to convert design wins into revenue;\nmarket acceptance of Skyworks’ products and Skyworks’ customers’\nproducts, including market acceptance of new, emerging technologies such as\nAI; the mix and volume of phone models sold by Skyworks’ largest customer;\nthe potential impacts on Skyworks’ business, reputation, relationships,\nresults of operations, cash flows and financial condition as a result of the\nMergers and related transactions with Qorvo; the possibility that expected\nbenefits related to such transactions with Qorvo may not materialize as\nexpected; such transactions with Qorvo not being timely completed, if\ncompleted at all; Skyworks or Qorvo’s business experiencing disruptions as a\nresult of the Mergers and related transactions or due to transaction-related\nuncertainty or other factors making it more difficult to maintain\nrelationships with employees, customers, other business partners or\ngovernmental entities; Skyworks and Qorvo being unable to successfully\nimplement integration strategies or to achieve expected synergies and\noperating efficiencies within the expected time-frames or at all; the costs,\nfees, expenses and other charges related to the Mergers and related\ntransactions with Qorvo, including with respect to any related litigation;\nreduced flexibility in operating Skyworks’ business as a result of the\nsubstantial amount of additional indebtedness Skyworks has incurred and\nexpects to incur in connection with the Mergers and related transactions;\ndelays in the deployment of commercial 5G networks or in consumer adoption of\n5G-enabled devices; the volatility of Skyworks’ stock price; changes in\nlaws, regulations and/or policies that could adversely affect Skyworks’\noperations and financial results, the economy and Skyworks’ customers’\ndemand for Skyworks’ products, or the financial markets and Skyworks’\nability to raise capital; fluctuations in Skyworks’ manufacturing yields due\nto Skyworks’ complex and specialized manufacturing processes; Skyworks’\nability to develop, manufacture and market innovative products, avoid product\nobsolescence, reduce costs in a timely manner, transition Skyworks’ products\nto smaller geometry process technologies and achieve higher levels of design\nintegration; the quality of Skyworks’ products and any defect remediation\ncosts; Skyworks’ products’ ability to perform under stringent operating\nconditions; the availability and pricing of third-party semiconductor foundry,\nassembly and test capacity, raw materials, including rare earth and similar\nminerals, supplier components, equipment and shipping and logistics services,\nincluding limits on Skyworks’ customers’ ability to obtain such services\nand materials; risks that Skyworks may not be able to optimize Skyworks’\nmanufacturing footprint and achieve any financial and operational benefits\nfrom such efforts, including reducing fixed costs or improving utilization\nrates, disruptions to Skyworks’ manufacturing processes, including relating\nto any relocation of Skyworks’ key facilities; Skyworks’ ability to\nsuccessfully manage Skyworks’ senior management transitions; Skyworks’\nability to retain, recruit and hire key executives or the departure of any\nsuch executives, technical personnel and other employees in the positions and\nnumbers, with the experience and capabilities, and at the compensation levels\nneeded to implement Skyworks’ business and product plans; the timing,\nrescheduling or cancellation of significant customer orders and Skyworks’\nability, as well as the ability of Skyworks’ customers, to manage inventory;\nother economic, social, military and geopolitical conditions in the countries\nin which Skyworks, Skyworks’ customers or Skyworks’ suppliers operate,\nincluding the conflicts in Ukraine, Iran and other regions in the Middle East,\npossible disruptions in transportation networks, and fluctuations in foreign\ncurrency exchange rates; the effects of global health crises on business\nconditions in Skyworks’ industry, including the risk of significant\ndisruptions to Skyworks’ business operations, as well as negative impacts to\nSkyworks’ financial condition; Skyworks’ ability to prevent theft of\nSkyworks’ intellectual property, disclosure of confidential information or\nbreaches of Skyworks’ information technology systems; uncertainties of\nlitigation, including Skyworks’ ongoing securities litigation, potential\ndisputes over intellectual property infringement and rights, as well as\npayments related to the licensing and/or sale of such rights; Skyworks’\nability to continue to grow and maintain an intellectual property portfolio\nand obtain needed licenses from third parties; Skyworks’ ability to make\ncertain investments and acquisitions, integrate companies Skyworks acquires\nand/or enter into strategic alliances; and other risks and uncertainties,\nincluding those detailed from time to time in Skyworks’ filings with the\nSecurities and Exchange Commission.\n\nThe forward-looking statements contained in this press release are made only\nas of the date hereof, and Skyworks undertakes no obligation to update or\nrevise the forward-looking statements, whether as a result of new information,\nfuture events or otherwise.\n\nNote to Editors: Skyworks and the Skyworks symbol are trademarks or registered\ntrademarks of Skyworks Solutions, Inc., or its subsidiaries in the United\nStates and other countries. Third-party brands and names are for\nidentification purposes only and are the property of their respective owners.\n\nAdditional Information about the Mergers and Where to Find It\n\nIn connection with the Mergers, Skyworks has filed with the SEC a registration\nstatement on Form S-4, which includes a proxy statement of Qorvo that also\nconstitutes a prospectus for the shares of Skyworks common stock to be offered\nin the Mergers (collectively, the “Mergers Registration Statement and Proxy\nStatement/Prospectus”). Each of Skyworks and Qorvo may also file other\nrelevant documents with the SEC regarding the Mergers. This communication is\nnot a substitute for the proxy statement/prospectus or registration statement\nor any other document that Skyworks or Qorvo may file with the SEC. INVESTORS\nAND SECURITY HOLDERS ARE URGED TO READ THE MERGERS REGISTRATION STATEMENT AND\nPROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED\nWITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS,\nCAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY\nCONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT SKYWORKS, QORVO, THE\nMERGERS AND RELATED MATTERS.\n\nInvestors and security holders can obtain free copies of the Mergers\nRegistration Statement and Proxy Statement/Prospectus and other documents\ncontaining important information about Skyworks, Qorvo and the Mergers filed\nwith the SEC through the website maintained by the SEC at www.sec.gov. The\ndocuments filed by Skyworks with the SEC also may be obtained free of charge\nat Skyworks’ website at https://www.skyworksinc.com/investors or upon\nwritten request to Skyworks at investor.relations@skyworksinc.com. The\ndocuments filed by Qorvo with the SEC also may be obtained free of charge at\nQorvo’s website at https://ir.qorvo.com/ or upon written request to Qorvo at\ninvestor-relations@qorvo.com.\n\nInvestor Contacts\n\nRaji Gill\nInvestor Relations\n(949) 508-0973\nRaji.Gill@skyworksinc.com\n\nMedia Relations:\nConstance Griffiths\n(949) 230-4867\nConstance.Griffiths@skyworksinc.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/35404c49-5762-430d-b229-736e95dbc5c1)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXc1gjWG-20260930","title":"Skyworks Announces Extension of Expiration Date of Exchange Offers for Qorvo’s Senior Notes due 2029 and 2031","author":"Globe Newswire","ticker":"SWKS","created":"2026-09-30T23:11:19.125Z","tickers":["SWKS"],"exchange":"NASDAQ","article_body":"IRVINE, Calif., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Skyworks Solutions, Inc.\n(Nasdaq: SWKS) (“Skyworks”), a leading developer, manufacturer and\nprovider of analog and mixed-signal semiconductors and solutions for numerous\napplications, today announced that it has extended the expiration date of its\npreviously announced offers to holders of Qorvo Notes (as defined herein) to\nexchange (the “Exchange Offers”) any and all outstanding 4.375% Senior\nNotes due 2029 (the “2029 Qorvo Notes”) and any and all outstanding 3.375%\nSenior Notes due 2031 (the “2031 Qorvo Notes” and, together with the 2029\nQorvo Notes, the “Qorvo Notes”) issued by Qorvo, Inc. (“Qorvo”) as set\nforth in the table below for (1) with respect to the 2029 Qorvo Notes, up to\n$850,000,000 aggregate principal amount of new 4.375% Senior Notes due 2029\n(the “New 2029 Skyworks Notes”) issued by Skyworks and (2) with respect to\nthe 2031 Qorvo Notes, up to $700,000,000 aggregate principal amount of new\n3.375% Senior Notes due 2031 (together with the New 2029 Skyworks Notes, the\n“New Skyworks Notes”) issued by Skyworks.\n\nExtension of Expiration Date\n\nThe Expiration Date of the Exchange Offers and the Withdrawal Deadline were\npreviously extended to 5:00 p.m., New York City time, on October 2, 2026.\n\nSkyworks has further extended the Expiration Date and the Withdrawal Deadline\nto 5:00 p.m., New York City time, on October 5, 2026, subject to further\nextension or earlier termination or other amendment. Skyworks expects that the\nMergers (as defined herein) will close on or about October 5, 2026 (subject to\nsatisfaction or waiver of all closing conditions). All other terms and\nconditions of the Exchange Offers as set forth in the Prospectus (as defined\nherein) remain in full force and effect. Capitalized terms used but not\ndefined herein have the respective meanings set forth in the Prospectus.\n\nParticipation to Date\n\nGlobal Bondholder Services Corporation, the information agent for the Exchange\nOffers, has advised Skyworks that as of 5:00 p.m., New York City time, on\nSeptember 30, 2026, the last business day prior to the announcement of the\nfurther extension of the Exchange Offers, the following respective principal\namounts of each series of Qorvo Notes have been validly tendered and not\nvalidly withdrawn:\n\n Title of Qorvo Notes / CUSIP / ISIN No.                                                                                                      Principal Amount Outstanding      Principal Amount Tendered     Percentage      \n 4.375% Senior Notes due 2029  Registered:  74736KAH4 / US74736KAH41  144A: 74736KAG6 / US74736KAG67  Regulation S: U7471QAF1 / USU7471QAF10  $850,000,000                      $779,250,000                  91.68%          \n 3.375% Senior Notes due 2031  144A: 74736KAJ0 / US74736KAJ07  Regulation S: U7471QAJ3 / USU7471QAJ32                                         $700,000,000                      $653,328,000                  93.33%          \n                                                                                                                                                                                                                              \n\nHolders of Qorvo Notes who have already validly tendered and not validly\nwithdrawn their Qorvo Notes do not need to re-tender their notes or take any\nother action as a result of the extension of the Expiration Date, and their\ntenders remain effective. Holders of Qorvo Notes who have not yet validly\ntendered, or who validly tendered and validly withdrew, may tender or\nre-tender, as applicable, their Qorvo Notes at any time at or prior to the\nExpiration Date and will be eligible to receive the applicable consideration\nas described in the Prospectus, subject to the terms and conditions set forth\nin the Prospectus, including, subject to submitting a valid Early\nParticipation VOI Number with respect to such tendered or re-tendered Qorvo\nNotes, the Early Participation Premium with respect to such Qorvo Notes.\n\nSettlement Date\n\nSubject to the terms and conditions set forth in the Prospectus, the\nsettlement date (the “Settlement Date”) will be promptly after the\nExpiration Date and is expected to occur no earlier than the second business\nday after the closing date of the Mergers.\n\nAdditional Information\n\nThe Exchange Offers are being made pursuant to the terms and subject to the\nconditions set forth in Skyworks’ registration statement on Form S-4, which\nwas declared effective on May 29, 2026, and the related final prospectus\nfiled with the U.S. Securities and Exchange Commission (the “SEC”) on\nMay 29, 2026 (as it may be amended or supplemented from time to time, the\n“Prospectus”). Capitalized terms used but not defined herein have the\nmeanings ascribed to such terms in the Prospectus. Each Exchange Offer is\nconditioned upon the closing of the transactions pursuant to which Qorvo will\nmerge with and into a subsidiary of Skyworks (the “Mergers”), with such\nsubsidiary continuing as the surviving entity and a wholly-owned subsidiary of\nSkyworks, which condition may not be waived by Skyworks. The closing of the\nMergers is not conditioned upon the results of the Exchange Offers.\n\nSkyworks, in its sole discretion, may modify or terminate either Exchange\nOffer and may extend the Expiration Date and/or the Settlement Date with\nrespect to either Exchange Offer, subject to applicable law. Any such\nmodification, termination or extension by Skyworks with respect to an Exchange\nOffer will not automatically modify, terminate or extend the other Exchange\nOffer. The Exchange Offer with respect to a series of Qorvo Notes is not\nconditioned upon the consummation of the Exchange Offer with respect to the\nother series of Qorvo Notes.\n\nThe complete terms and conditions of the Exchange Offers are described in the\nProspectus, a copy of which may be obtained by contacting Global Bondholder\nServices Corporation, the exchange agent and information agent in connection\nwith the Exchange Offers, at (855) 654-2015 (U.S. toll-free) or (212) 430-3774\n(banks and brokers) or contact@gbsc-usa.com. Questions regarding the terms and\nconditions of the Exchange Offers should be directed to the dealer manager,\nGoldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Collect:\n(212) 357-1452, Toll-Free: (800) 828-3182.\n\nThis press release does not constitute an offer to sell or purchase, or a\nsolicitation of an offer to purchase or sell, any security. No offer,\nsolicitation, purchase or sale will be made in any jurisdiction in which such\nan offer, solicitation, or sale would be unlawful. The Exchange Offers are\nbeing made solely pursuant to the Prospectus and only to such persons and in\nsuch jurisdictions as is permitted under applicable law.\n\nAbout Skyworks\n\nSkyworks Solutions, Inc. is empowering the wireless networking revolution.\nSkyworks is a leading developer, manufacturer and provider of analog and\nmixed-signal semiconductors and solutions for numerous applications, including\naerospace, automotive, broadband, cellular infrastructure, connected home,\ndefense, entertainment and gaming, industrial, medical, smartphone, tablet and\nwearables.\n\nSkyworks is a global company with engineering, marketing, operations, sales\nand support facilities located throughout Asia, Europe and North America and\nis a member of the S&P 500® market index (Nasdaq: SWKS).\n\nSafe Harbor Statement\n\nThis press release includes “forward-looking statements.” Forward-looking\nstatements relate to future events, including, but not limited to, the\nExchange Offers and the Mergers, as applicable. These forward-looking\nstatements include information relating to future events, prospects,\nexpectations and results of Skyworks (e.g., certain projections and business\ntrends, including with respect to future sales and revenue, as well as plans\nfor dividend payments). Forward-looking statements can often be identified by\nwords such as “anticipates,” “estimates,” “expects,”\n“forecasts,” “intends,” “believes,” “plans,” “may,”\n“will” or “continue,” and similar expressions and variations or\nnegatives of these words. All such statements are subject to certain risks,\nuncertainties and other important factors that could cause actual results to\ndiffer materially and adversely from those projected and may affect\nSkyworks’ future operating results, financial position and cash flows.\n\nThese risks, uncertainties and other important factors include: the risks of\ndoing business internationally, including from trade war or trade protection\nmeasures (e.g., tariffs, retaliatory tariffs and other countermeasures or\ntaxes), increased import/export restrictions and controls (e.g., Skyworks’\nability to obtain foreign-sourced raw materials, including from Chinese-based\nsources, as well as Skyworks’ ability to sell products to certain specified\nforeign entities only pursuant to a limited export license from the U.S.\nDepartment of Commerce), the susceptibility of the semiconductor industry and\nthe markets addressed by Skyworks’, and Skyworks’ customers’, products\nto economic cycles or changes in economic conditions, including inflation and\nrecession that could result from trade war or trade protection measures;\nSkyworks’ reliance on a small number of key customers for a large percentage\nof Skyworks’ sales; decreased gross margins and loss of market share as a\nresult of increased competition; Skyworks’ ability to obtain design wins\nfrom customers; Skyworks’ ability to convert design wins into revenue;\nmarket acceptance of Skyworks’ products and Skyworks’ customers’\nproducts, including market acceptance of new, emerging technologies such as\nAI; the mix and volume of phone models sold by Skyworks’ largest customer;\nthe potential impacts on Skyworks’ business, reputation, relationships,\nresults of operations, cash flows and financial condition as a result of the\nMergers and related transactions with Qorvo; the possibility that expected\nbenefits related to such transactions with Qorvo may not materialize as\nexpected; such transactions with Qorvo not being timely completed, if\ncompleted at all; Skyworks or Qorvo’s business experiencing disruptions as a\nresult of the Mergers and related transactions or due to transaction-related\nuncertainty or other factors making it more difficult to maintain\nrelationships with employees, customers, other business partners or\ngovernmental entities; Skyworks and Qorvo being unable to successfully\nimplement integration strategies or to achieve expected synergies and\noperating efficiencies within the expected time-frames or at all; the costs,\nfees, expenses and other charges related to the Mergers and related\ntransactions with Qorvo, including with respect to any related litigation;\nreduced flexibility in operating Skyworks’ business as a result of the\nsubstantial amount of additional indebtedness Skyworks has incurred and\nexpects to incur in connection with the Mergers and related transactions;\ndelays in the deployment of commercial 5G networks or in consumer adoption of\n5G-enabled devices; the volatility of Skyworks’ stock price; changes in\nlaws, regulations and/or policies that could adversely affect Skyworks’\noperations and financial results, the economy and Skyworks’ customers’\ndemand for Skyworks’ products, or the financial markets and Skyworks’\nability to raise capital; fluctuations in Skyworks’ manufacturing yields due\nto Skyworks’ complex and specialized manufacturing processes; Skyworks’\nability to develop, manufacture and market innovative products, avoid product\nobsolescence, reduce costs in a timely manner, transition Skyworks’ products\nto smaller geometry process technologies and achieve higher levels of design\nintegration; the quality of Skyworks’ products and any defect remediation\ncosts; Skyworks’ products’ ability to perform under stringent operating\nconditions; the availability and pricing of third-party semiconductor foundry,\nassembly and test capacity, raw materials, including rare earth and similar\nminerals, supplier components, equipment and shipping and logistics services,\nincluding limits on Skyworks’ customers’ ability to obtain such services\nand materials; risks that Skyworks may not be able to optimize Skyworks’\nmanufacturing footprint and achieve any financial and operational benefits\nfrom such efforts, including reducing fixed costs or improving utilization\nrates, disruptions to Skyworks’ manufacturing processes, including relating\nto any relocation of Skyworks’ key facilities; Skyworks’ ability to\nsuccessfully manage Skyworks’ senior management transitions; Skyworks’\nability to retain, recruit and hire key executives or the departure of any\nsuch executives, technical personnel and other employees in the positions and\nnumbers, with the experience and capabilities, and at the compensation levels\nneeded to implement Skyworks’ business and product plans; the timing,\nrescheduling or cancellation of significant customer orders and Skyworks’\nability, as well as the ability of Skyworks’ customers, to manage inventory;\nother economic, social, military and geopolitical conditions in the countries\nin which Skyworks, Skyworks’ customers or Skyworks’ suppliers operate,\nincluding the conflicts in Ukraine, Iran and other regions in the Middle East,\npossible disruptions in transportation networks, and fluctuations in foreign\ncurrency exchange rates; the effects of global health crises on business\nconditions in Skyworks’ industry, including the risk of significant\ndisruptions to Skyworks’ business operations, as well as negative impacts to\nSkyworks’ financial condition; Skyworks’ ability to prevent theft of\nSkyworks’ intellectual property, disclosure of confidential information or\nbreaches of Skyworks’ information technology systems; uncertainties of\nlitigation, including Skyworks’ ongoing securities litigation, potential\ndisputes over intellectual property infringement and rights, as well as\npayments related to the licensing and/or sale of such rights; Skyworks’\nability to continue to grow and maintain an intellectual property portfolio\nand obtain needed licenses from third parties; Skyworks’ ability to make\ncertain investments and acquisitions, integrate companies Skyworks acquires\nand/or enter into strategic alliances; and other risks and uncertainties,\nincluding those detailed from time to time in Skyworks’ filings with the\nSecurities and Exchange Commission.\n\nThe forward-looking statements contained in this press release are made only\nas of the date hereof, and Skyworks undertakes no obligation to update or\nrevise the forward-looking statements, whether as a result of new information,\nfuture events or otherwise.\n\nNote to Editors: Skyworks and the Skyworks symbol are trademarks or registered\ntrademarks of Skyworks Solutions, Inc., or its subsidiaries in the United\nStates and other countries. Third-party brands and names are for\nidentification purposes only and are the property of their respective owners.\n\nAdditional Information about the Mergers and Where to Find It\n\nIn connection with the Mergers, Skyworks has filed with the SEC a registration\nstatement on Form S-4, which includes a proxy statement of Qorvo that also\nconstitutes a prospectus for the shares of Skyworks common stock to be offered\nin the Mergers (collectively, the “Mergers Registration Statement and Proxy\nStatement/Prospectus”). Each of Skyworks and Qorvo may also file other\nrelevant documents with the SEC regarding the Mergers. This communication is\nnot a substitute for the proxy statement/prospectus or registration statement\nor any other document that Skyworks or Qorvo may file with the SEC. INVESTORS\nAND SECURITY HOLDERS ARE URGED TO READ THE MERGERS REGISTRATION STATEMENT AND\nPROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED\nWITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS,\nCAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY\nCONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT SKYWORKS, QORVO, THE\nMERGERS AND RELATED MATTERS.\n\nInvestors and security holders can obtain free copies of the Mergers\nRegistration Statement and Proxy Statement/Prospectus and other documents\ncontaining important information about Skyworks, Qorvo and the Mergers filed\nwith the SEC through the website maintained by the SEC at www.sec.gov. The\ndocuments filed by Skyworks with the SEC also may be obtained free of charge\nat Skyworks’ website at https://www.skyworksinc.com/investors or upon\nwritten request to Skyworks at investor.relations@skyworksinc.com. The\ndocuments filed by Qorvo with the SEC also may be obtained free of charge at\nQorvo’s website at https://ir.qorvo.com/ or upon written request to Qorvo at\ninvestor-relations@qorvo.com.\n\nInvestor Contacts\n\nRaji Gill\nInvestor Relations\n(949) 508-0973\nRaji.Gill@skyworksinc.com\n\nMedia Relations:\nConstance Griffiths\n(949) 230-4867\nConstance.Griffiths@skyworksinc.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/35404c49-5762-430d-b229-736e95dbc5c1)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-30T23:11:19.159903557Z","server_sent_at_ms":1790809879159},"received_at":"2026-09-30T23:11:19.310Z","source_url":null},"analysis":{"id":"146098","press_release_id":"157432","analysis_json":{"industry":{"label":"Semiconductors & Semiconductor Equipment","sector":"Information Technology"},"redFlags":["Release notes substantial additional indebtedness Skyworks has incurred and expects to incur in connection with the Qorvo mergers"],"eventType":"debt_offering","narrative":"Skyworks extended the expiration date of its exchange offers for Qorvo's 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031 to 5:00 p.m. ET on October 5, 2026, from October 2.\n\nParticipation is already high: 91.68% of the $850M 2029 notes and 93.33% of the $700M 2031 notes were validly tendered as of September 30.\n\nSkyworks expects the Qorvo mergers to close on or about October 5, 2026, with settlement of the exchange offers promptly thereafter — a sign the deal remains on track.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Merger on track: Qorvo noteholders tendered at 91-93% and exchange offers extended to Oct 5 with merger close expected same day."},"keyFigures":{"dealValueUsd":"$850,000,000 of New 2029 Skyworks Notes and $700,000,000 of New 2031 Skyworks Notes offered in exchange","customDimensions":{"new_expiration_date":"October 5, 2026, 5:00 p.m. ET","tendered_2029_notes":"$779,250,000 (91.68% of $850,000,000 outstanding)","tendered_2031_notes":"$653,328,000 (93.33% of $700,000,000 outstanding)","expected_merger_close":"on or about October 5, 2026"}},"namedEntities":{"people":[],"products":["4.375% Senior Notes due 2029 (Qorvo)","3.375% Senior Notes due 2031 (Qorvo)","New 2029 Skyworks Notes","New 2031 Skyworks Notes"],"companies":[{"name":"Skyworks Solutions, Inc.","ticker":"SWKS","relationship":"filer/issuer of exchange offers"},{"name":"Qorvo, Inc.","ticker":"QRVO","relationship":"merger target whose notes are being exchanged"},{"name":"Goldman Sachs & Co. 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High participation (91.68% and 93.33% tendered) and an expected merger close on or about October 5, 2026 confirm the deal is on track, but no new economics are disclosed."},"tickerRelevance":{"others":[{"ticker":"QRVO","relevance":"target"}],"primary":"SWKS"},"globalImportance":30,"audienceRelevance":35,"eventTypeSecondary":["m_and_a"],"importanceComponents":{"tickerTier":"large-cap S&P 500","eventGravity":"procedural debt exchange extension within pending large merger","mergerContext":"SWKS-QRVO merger expected to close ~Oct 5, 2026","newInformation":"minimal — deadline extension and tender tally only"}},"event_type":"debt_offering","event_type_secondary":["m_and_a"],"sentiment":"neutral","material_impact_score":2,"narrative":"Skyworks extended the expiration date of its exchange offers for Qorvo's 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031 to 5:00 p.m. ET on October 5, 2026, from October 2.\n\nParticipation is already high: 91.68% of the $850M 2029 notes and 93.33% of the $700M 2031 notes were validly tendered as of September 30.\n\nSkyworks expects the Qorvo mergers to close on or about October 5, 2026, with settlement of the exchange offers promptly thereafter — a sign the deal remains on track.","key_figures":{"dealValueUsd":"$850,000,000 of New 2029 Skyworks Notes and $700,000,000 of New 2031 Skyworks Notes offered in exchange","customDimensions":{"new_expiration_date":"October 5, 2026, 5:00 p.m. ET","tendered_2029_notes":"$779,250,000 (91.68% of $850,000,000 outstanding)","tendered_2031_notes":"$653,328,000 (93.33% of $700,000,000 outstanding)","expected_merger_close":"on or about October 5, 2026"}},"named_entities":{"people":[],"products":["4.375% Senior Notes due 2029 (Qorvo)","3.375% Senior Notes due 2031 (Qorvo)","New 2029 Skyworks Notes","New 2031 Skyworks Notes"],"companies":[{"name":"Skyworks Solutions, Inc.","ticker":"SWKS","relationship":"filer/issuer of exchange offers"},{"name":"Qorvo, Inc.","ticker":"QRVO","relationship":"merger target whose notes are being exchanged"},{"name":"Goldman Sachs & Co. LLC","relationship":"dealer manager"},{"name":"Global Bondholder Services Corporation","relationship":"exchange and information agent"}],"dollarAmounts":[{"amount":"$850,000,000","context":"max new 2029 Skyworks Notes to be issued / 2029 Qorvo Notes outstanding"},{"amount":"$700,000,000","context":"max new 2031 Skyworks Notes to be issued / 2031 Qorvo Notes outstanding"},{"amount":"$779,250,000","context":"2029 Qorvo Notes validly tendered (91.68%)"},{"amount":"$653,328,000","context":"2031 Qorvo Notes validly tendered (93.33%)"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-30T23:11:26.100Z","global_importance":30,"audience_relevance":35,"importance_components":{"tickerTier":"large-cap S&P 500","eventGravity":"procedural debt exchange extension within pending large merger","mergerContext":"SWKS-QRVO merger expected to close ~Oct 5, 2026","newInformation":"minimal — deadline extension and tender tally only"}},"durationMs":6771,"modelName":"glm-5.3-flashx"}}