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Tag Archives: weakness

Skyworks gives weak preliminary results, cites weakness across largest smartphone customers

Skyworks Solutions issued weak first quarter guidance Tuesday. The semiconductor company lowered revenue projections to $970 million from $1 billion to $1.02 billion. “First fiscal quarter results were impacted by unit weakness across our largest smartphone customers,” said Liam K. Griffin, president and chief executive officer of Skyworks, in a …

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Turkey’s Erdogan says lira weakness a plot, cannot be explained by logic By Reuters

© Reuters. Turkish President Tayyip Erdogan addresses members of his ruling AK Party in Rize ISTANBUL (Reuters) – Turkish President Tayyip Erdogan said on Sunday the current level of the lira and fluctuations in the exchange rate could not be explained by logic, and its recent plunge showed a plot …

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