Qorvo considers exiting silicon carbide market

Qorvo President Robert Bruggeworth and others revealed in the earnings call that they are considering whether to exit the silicon carbide market. In this quarter, Qorvo decided to evaluate strategic alternatives for the silicon carbide business. They believe that the company's team has made great progress in advancing JFET silicon carbide technology. However, if Qorvo adopts a new strategic plan, it will be able to create more value with existing sales and management assets.