Shares of semiconductor producer Skyworks Solutions are under pressure after the company forecast a decline in revenue for the first quarter due to increased competition in the smartphone chip market.

Shares of Skyworks Solutions slid, after the Apple supplier said tougher competition for the iPhone maker's semiconductor business would cut into sales. Apple is the company's largest customer.

Feb 5 (Reuters) - Apple supplier (AAPL.O), opens new tab Skyworks Solutions (SWKS.O), opens new tab forecast declines in revenue in its mobile segment and projected profits below Wall Street ...

Apple (AAPL) supplier Skyworks Solutions (SWKS) saw its stock drop nearly 25% Thursday as the semiconductor firm said that it's losing business with the iPhone maker to one of its competitors ...

Skyworks' revenue in the fiscal first quarter ended December 27, was $1.07 billion, in line with estimates, while the adjusted profit of $1.60 per share beat estimates of earnings of $1.57 per ...