REUTERS: Skyworks Solutions Inc, a chip supplier to Apple Inc's iPhones, said on Wednesday the coronavirus has not significantly disrupted its manufacturing operations, sending its shares up 3per cent.
The chipmaker, however, cut its second-quarter revenue forecast, saying interruptions in global supply chains is hurting demand for its products.The company cut its revenue outlook to between US$760 million and US$770 million, from US$800 million to US$820 million. Analysts were expecting revenue of US$790.1 million, according to IBES data from Refinitiv.
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