Qorvo (Nasdaq: QRVO) supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including consumer electronics, smart home/IoT, automotive, EVs, battery-powered appliances, network infrastructure, healthcare and aerospace/defense.
Qorvo
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3.8
Overall Excellence Rating
Industry
Internet of Things (IoT)Category
Electronics ManufacturingESG/Ethical Impact
Our global team made outstanding progress during a challenging year. The health and safety of our employees remains paramount, and I am proud of how our team continued to do its part to keep family, friends, fellow employees and communities safe. We maintained productivity, focused on our internal and external customers and delivered 16% year-over-year growth in Qorvo revenue. We continue to expand our product and technology leadership, and we have made outstanding progress in our annual goals to reduce our environmental footprint. Strong demand for Qorvo products and technology which connect, protect and power the world around us drove our growth in our fiscal 2022. Qorvo technology is at the heart of products and systems that enable 5G and Wi-Fi networks and mobile devices, power-efficient internet-of-things products and make the “connected car” a reality through vehicle-to-everything technology. We also expanded our product offering with the acquisition of NextInput, adding micro-electromechanical touch sensors that convert human touch into action. This past year, we grew our customer offerings for key products and applications that highlight energy efficiency and help power the planet. Through our acquisition of United Silicon Carbide, we increased product offerings that support sustainability, such as electric vehicles and renewable energy. Our power management and silicon carbide power solutions are bringing unmatched levels of efficiency to a new generation of automotive, smart appliances, solid-state drives, battery-operated tools and renewable energy systems. Qorvo is well positioned to help accelerate the global shift to electrification, where high-efficiency, sustainable energy is key to a cleaner and brighter future. One of the most important facets of the semiconductor industry is the need for a strong global supply chain, which has only been reinforced by the ongoing pandemic. Qorvo maintains strong and positive relationships with our key external suppliers. Our teams actively monitor our supply chain to maintain compliance with laws, regulations and initiatives around product compliance, responsible sourcing and social responsibility. Qorvo is a proud member of the Responsible Business Alliance (RBA) and we support their mission to improve working and environmental conditions and business performance through leading standards and practices.
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Awards Received
2023
Revenues
$4,640,000,000.00
Website Traffic
Employee Rating
2.8
Customer Rating
4
Company Size
5000-10000
ESG Risk Rating
3
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