Aman Bajaj (for Tim Arcuri)'s questions to Qorvo Inc (QRVO) leadership • Q2 2025
Question
Aman Bajaj, on behalf of Tim Arcuri, asked if the weaker December guidance was driven entirely by the Android mix shift or if there were other factors, like unit cuts at its largest customer. He also questioned if this mix shift alters Qorvo's long-term growth targets for its mobile segment.
Answer
CFO Grant Brown stated the weakness is not directional to any single customer but is impacted by Qorvo's intentional pivot away from lower-margin entry-tier Android business. CEO Robert Bruggeworth added that the CSG segment will also be down sequentially and that a December decline is historically typical. Bruggeworth confirmed that Qorvo is maintaining its long-term, strong single-digit growth target for the ACG (mobile) segment despite the near-term Android market shifts.