Press Release

Oculus Quest Leverages Fully Integrated SkyOne^® Connectivity Solution

IRVINE, Calif.--(BUSINESS WIRE)--Sep. 9, 2019-- Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today announced that its highly integrated SkyOne^® solution for WiFi is enabling Facebook’s Oculus Quest. Quest is the industry’s first all-in-one virtual reality (VR) gaming platform allowing players to wirelessly connect to the cloud for a seamless and immersive experience.

Oculus has become a pioneer in VR gaming with its next generation headset which features a camera-based positional tracking system and does not require a wired connection to a PC or phone to operate. By leveraging Skyworks’ innovative capabilities, the device delivers real-time wireless connectivity and offers users untethered six degrees of freedom ─ or the ability to move in any direction and walk through virtual space just as they would in the physical world.

“Skyworks is proud to be at the forefront of wireless technologies, partnering with industry leaders to bring breakthrough applications to market,” said Carlos Bori, senior vice president of sales and marketing for Skyworks. “With our advanced technology portfolio and deep systems expertise we are powering an increasingly diverse array of emerging, high-growth segments across the IoT ecosystem, redefining user experiences and changing the way the world communicates.”

According to a March 2019 research report from IDC, worldwide shipments of augmented and virtual reality headsets are forecast to reach 8.9 million units in 2019, up 54 percent from the prior year. Fueled in large part by new devices like the Oculus Quest, units are expected to reach nearly 69 million by 2023, representing a five-year compounded annual growth rate of 67 percent.

About Skyworks’ Wireless Connectivity Solutions

Skyworks’ fully integrated SkyOne^® WiFi solution (SKY85813-11) expedites time-to-market, incorporating all the required functionality to deliver maximum Wi-Fi range and speed including:

• Dual-band functionality (2 GHz and 5 GHz) front-end module
• High performance 5 GHz power amplifier transmit and low-noise amplifier enhanced receive paths
• 2 GHz bulk acoustic wave (BAW) co-existence filter
• Directional coupler
• Precision analog switch
• Fully matched input/output

Please visit Skyworks’ Wi-Fi Connectivity Front-end Modules for more information.

About Skyworks

Skyworks Solutions, Inc. is empowering the wireless networking revolution. Our highly innovative analog semiconductors are connecting people, places and things spanning a number of new and previously unimagined applications within the aerospace, automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.

Skyworks is a global company with engineering, marketing, operations, sales and support facilities located throughout Asia, Europe and North America and is a member of the S&P 500® and Nasdaq-100® market indices (Nasdaq: SWKS). For more information, please visit Skyworks’ website at: www.skyworksinc.com.

Safe Harbor Statement

Any forward-looking statements contained in this press release are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include without limitation information relating to future events, results and expectations of Skyworks. Forward-looking statements can often be identified by words such as "anticipates," "expects," "forecasts," "intends," "believes," "plans," "may," "will" or "continue," and similar expressions and variations (or negatives) of these words. Actual events and/or results may differ materially and adversely from such forward-looking statements as a result of certain risks and uncertainties including, but not limited to, our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets; our ability to develop, manufacture, and market innovative products and avoid product obsolescence; our ability to compete in the marketplace and achieve market acceptance of our products; the availability and pricing of third-party semiconductor foundry, assembly and test capacity, raw materials and supplier components; the quality of our products; our products’ ability to perform under stringent operating conditions; and other risks and uncertainties identified in the "Risk Factors" section of Skyworks' most recent Annual Report on Form 10-K (and/or Quarterly Report on Form 10-Q) as filed with the Securities and Exchange Commission ("SEC"). Copies of Skyworks' SEC filings can be obtained, free of charge, on Skyworks' website (www.skyworksinc.com) or at the SEC's website (www.sec.gov). Any forward-looking statements contained in this press release are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Note to Editors: Skyworks and the Skyworks symbol are trademarks or registered trademarks of Skyworks Solutions, Inc. or its subsidiaries in the United States and other countries. Third-party brands and names are for identification purposes only, and are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190909005173/en/

Source: Skyworks Solutions, Inc.

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