Wall Street: Apple still accounts for nearly 60 percent of Skyworks' total revenue and relies too much on it

Recently, Seekingalpha, a Wall Street capital market analysis agency, made a financial analysis of Skyworks, the world's leading rf and analog semiconductor company. The analysis pointed out that Skyworks' customers include Apple (59% of fiscal 2021), followed by Samsung (4.51%), Huawei (3.03%) and Xiaomi (2.76%).

Skyworks also offers its semiconductor devices to companies such as Microsoft, Alphabet, Cisco and Nokia, each accounting for less than 1 percent of total revenue.

In terms of global business distribution, 63.2% of Skyworks' total fiscal 2021 revenue came from the United States, 19.5% from Chinese mainland, 7.9% from Taiwan, and South Korea accounted for about 5.2%.

The analysis also believes that as Apple expands its own internal chip manufacturing business, Apple may slowly reduce or even sever ties with some major chip suppliers, including Skyworks. Bloomberg has even mentioned before that Apple is likely to poach people directly from Skyworks.

Apple began hiring engineers in San Diego in 2018 and began forming its own chip division. The birth of the M1 chip means that Apple has cut its partnership with Intel for about 15 years.

At the end of last year, Bloomberg and other media broke the news that Apple was recruiting for a large-scale position for its "wireless design verification engineer", and the applicant would be "responsible for ASIC pre-silicon verification of extremely complex high-throughput communication PHY and wireless electronic systems". On the day the news broke, Skyworks shares fell 11%.