Qorvo, Inc. (QRVO) Barclays 22nd Annual Global Technology Conference (Transcript)

Qorvo, Inc. (NASDAQ:QRVO) Barclays 22nd Annual Global Technology Conference December 12, 2024 12:50 PM ET

Company Participants

Grant Brown – Senior Vice President and Chief Financial Officer
Dave Fullwood – Senior Vice President, Sales and Marketing
Philip Chesley – President, High Performance Analog & Senior VP

Conference Call Participants

Tom O’Malley – Barclays

Tom O’Malley

Hi, Semiconductor and Semicap Equipment Analyst here. Please have Grant Brown, Phil Chesley, and Dave Fullwood here from Qorvo. And I love having a full suite of guys on stage. I never get to fill all the seats. It is awesome. Thanks for joining me.

Grant Brown

Appreciate it. Well, thank you. Thanks for having us.

Tom O’Malley

So I think a good point to start is maybe with the state of the full business. So Grant, could you walk us through what’s going on with the ACG business, CSG and Phil, maybe with ACG, you guys can mix it up whoever wants to go first can start.

Grant Brown

Sure. Thanks very much for having us. Always appreciate the opportunity. Maybe before I begin, I’d to remind the audience that the Safe Harbor language that applies to our press release is also applies to today’s presentation and this discussion and refer everyone to our filings, specifically Form 10-K and 10-Q for any additional information and risk factors.

I’ll go ahead and start, and then I’ll throw it over to Philip or Dave, who can elaborate. Looking across the full business, Qorvo’s markets are underpinned by some significant global megatrends that we commented on at our Investor Day. Those are electrification, connectivity, mobility, sustainability, datafication and AI, of course. Each of these unlock new functionality and new user experiences that are made available by the customers we serve and the products of ours that enable that.