Qorvo Inc


QRVO

Price

114.76


Change

2.61


High

NA


Low

NA


Avg Volume

1,059,862


PE Ratio

-53.63


52 Week High

121.65


52 Week Low

80.62



Profile

Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. The company, which trades on NASDAQ, was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015. The headquarters for the company originally were in both Hillsboro, Oregon , and Greensboro, North Carolina , but in mid-2016 the company began referring to its North Carolina site as its exclusive headquarters. Qorvo was created on January 1, 2015, with the merger of TriQuint Semiconductor and RF Micro Devices . In June 2015, the new company became a component of the S&P 500, replacing tobacco company Lorillard. At the time of joining the S&P 500, Qorvo was valued at $12 billion. The company employs more than 8,000 people. As of mid-2016, the Oregon plant alone was employing almost 1,000 people.


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