Skyworks’ Revenue by Customer’s Location (2016-2021)

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This statistic highlights Skyworks’ Revenue by Customer’s Location, split across the United States, China, Europe, Middle East & Africa, South Korea, Taiwan and Other Asia-Pacific regions.
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This statistic highlights Skyworks’ Revenue by Customer’s Location, split across the United States, China, Europe, Middle East & Africa, South Korea, Taiwan and Other Asia-Pacific regions.

Skywork’s Revenue by Customer’s Location

Skywork Solutions Inc. is a company that is providing innovative and effective wireless network solutions to its clients. Its clients range from technology giants to military and defense companies. Its total revenue grew 52.69% to $5.08 billion for the year 2021 as compared to $3.34 billion for the year 2020 — up 51.64% from 2019.

Revenue by Region 2019 2020 2021 Contribution in 2021
United States $1.86 $2.01 $3.22 63.39%
China $0.71 $0.70 $0.99 19.49%
Europe,Middle East and Africa $0.13 $0.12 $0.18 3.54%
South Korea $0.36 $0.25 $0.26 5.12%
Taiwan $0.27 $0.24 $0.40 7.87%
Other Asia-Pacific Region $0.02 $0.02 $0.03 0.59%
Total $3.35 $3.34 $5.08 100%

(All figures in USD billion, except for percentages)

The revenue of the company comes from the following regions-United States, China, Europe-Middle East-Africa, South Korea, Taiwan, and other Asia-Pacific countries.

United States

Revenue from the United States stood $3.22 billion in 2021 forming a 63.39% share in the total revenue. This marks a growth of 60.19% from the previous year when the revenue from this region was $2.01 billion while it grew 73.11% from 2019 when the company registered a revenue of $1.86 billion from this region.

The US continues to be the largest contributor to the total revenue of Skywork Solutions Inc.

China

The company registered a revenue of $0.99 billion from China in 2021 which formed a 19.49% share in its total revenue. This region showed a rise of 41.42% in its revenue from 2020 when the revenue was $0.70 billion and a rise of 39.43% from 2019 when the revenue was $0.71 billion.

Europe, the Middle East, and Africa

The revenue of the company from Europe, the Middle East, and Africa formed a 3.54% share in its total revenue in 2021, standing at $0.18 billion. It was up 50% from 2020’s revenue from this region of $0.12 billion and up by 38.46% from 2019’s revenue of $0.13 billion

South Korea

South Korean clients generated $0.26 billion of revenue for the company forming a 5.12% share in the total revenue. The revenue from the region grew by 4% from the previous year’s revenue of $0.25 billion while it fell 27.77% from 2019 when the revenue generated from South Korea was $0.36 billion.

Taiwan

The company’s revenue from this region stood at $0.40 billion, up 66.67% from 2020 and 48.14% from 2019 when the revenue was $0.24 billion and $0.27 billion respectively. This region’s revenue formed a 7.87% share in the total revenue in 2021.

Other Asia-Pacific Region

The revenue from this region was $0.03 billion witnessing a growth of 50% from 2020 and 2019 when the revenue in both years stood at $0.02 billion. This region contributed 0.59% of the company’s total revenue in 2021.

About the Company

Skyworks Solutions Inc, along with its subsidiaries produces highly innovative semiconductor chips that are used by a large number of industries and is responsible for giving rise to unimagined applications in aerospace, gaming, automotive, telecom, and various other industries.

The company’s key customers include giants like Amazon, Apple Inc., Arris, Bose, Cisco, DJI, Ericsson, Foxconn, Garmin, Gemalto, General Electric, Fibocom, Google, Honeywell, Itron, Lenovo, LG Electronics, Microsoft, Motorola, Netgear, Northrop Grumman, OPPO, Rockwell Collins, Samsung, Sierra Wireless, Sonos, Technicolor, VIVO, Xiaomi, and ZTE.

The company’s major competitors are Broadcom, Qualcomm, Qorvo among other chip-making companies. The company has manufacturing, engineering, and sales facilities throughout the world. It is all set to benefit from the world adoption of more and more digital devices as well as the onset of 5G in various countries. The shift of automotive industries to electric vehicles is also a major boost for the company. It is traded at the NASDAQ under the ticker symbol SWKS.

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