RF GaAs Revenue Declines in 2022 Amidst Ongoing Headwinds
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Headwinds from semiconductor shortages and consequent inventory corrections, global smartphone shipment declines, US/China trade tensions and restrictions on chip exports caused total RF GaAs device revenue to dip by 7.1 percent in 2022. Skyworks and Qorvo continued to lead the way for device manufacturers while WIN Semiconductors continued to hold its position as the dominant pure-play foundry. Market share changes indicate continuing concentration at the top.