# 누가 코보의 고객인가? 코보의 매출은 어디서 오는가?
Canonical: https://valuechain.wiki/qorvo · Facet: customers · Updated: 2026-07-12T03:54:56.92+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**인용용 요약**: 코보의 확인된 매출 상대는 Apple·삼성전자 외 익명·묶음 관계 1건이다. 밸류체인 그래프 기준 매출 엣지 3건, 근거 출처 2건 중 1차공시 2건 (valuechain.wiki, 2026-07-12 기준).

### 스카이웍스 (합병, $22B) (high)  → /skyworks-solutions.md
- metric: 금액 $22B
- note: 2025년 10월 스카이웍스와 현금·주식 약 220억달러 합병 계약 — RF 프론트엔드 양대 미국사 결합. 10-K에 합병 관련 비용·리스크 기재.
- [confirms] SEC EDGAR (EN, filing, published 2026-05-08) https://www.sec.gov/Archives/edgar/data/1604778/000162828026032873/rfmd-20260328.htm: "MergerRelatedCosts; the transaction with Skyworks... our ability to sufficiently fund capital expenditures."
- [confirms] 한국경제 (KO, news, published 2025-10-28) https://www.hankyung.com/article/skyworks-qorvo-merger-rf: "코보가 스카이웍스와 약 220억달러 합병에 합의."
- [confirms] SEC EDGAR (EN, filing, published 2025-05-20) https://www.sec.gov/Archives/edgar/data/1604778/000160477825000041/rfmd-20250329.htm: "Qorvo-Skyworks merger valued ~$22.0 billion."

### Apple (high)  → /apple.md
- metric: 점유율 47% · FY2025 최대 고객 · 10-K 고객집중
- note: 첨단 셀룰러(ACG) RF 프론트엔드 — 애플이 최대 고객(FY2025 약 47%). 최대 고객이 매년 신모델로 포트폴리오를 갱신하며 실적을 좌우. 10-K에 애플 고객집중위험 명시.
- [confirms] SEC EDGAR (EN, filing, published 2026-05-08) https://www.sec.gov/Archives/edgar/data/1604778/000162828026032873/rfmd-20260328.htm: "CustomerConcentrationRisk AppleMember SalesRevenueNet. Our largest customers typically refresh some or all of their product portfolios by releasing new models each year."
- [confirms] SEC EDGAR (EN, filing, published 2025-05-20) https://www.sec.gov/Archives/edgar/data/1604778/000160477825000041/rfmd-20250329.htm: "Apple accounted for 47% and 46% of total revenue in FY2025 and FY2024."

### 삼성전자 (high)  → /samsung-electronics.md
- metric: 점유율 10%
- note: 갤럭시 RF 프론트엔드 — 매출의 약 10%(FY2025). 10-K에 삼성 고객집중위험 명시.
- [confirms] SEC EDGAR (EN, filing, published 2026-05-08) https://www.sec.gov/Archives/edgar/data/1604778/000162828026032873/rfmd-20260328.htm: "CustomerConcentrationRisk SamsungMember SalesRevenueNet."
- [confirms] SEC EDGAR (EN, filing, published 2025-05-20) https://www.sec.gov/Archives/edgar/data/1604778/000160477825000041/rfmd-20250329.htm: "Samsung accounted for 10% of total revenue in fiscal 2025."

### 방산·인프라·IoT (HPA·CSG 브로드마켓) (high)
- note: 고성능 아날로그(HPA — RF·아날로그 믹스드시그널·전원, 방산·항공·인프라)와 커넥티비티·센서(CSG)가 셀룰러 외 다변화 축.
- [confirms] SEC EDGAR (EN, filing, published 2026-05-08) https://www.sec.gov/Archives/edgar/data/1604778/000162828026032873/rfmd-20260328.htm: "Three operating and reportable segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG) and Advanced Cellular Group (ACG). HPA is a leading global supplier of RF, analog mixed signal and power management."

반대 방향: https://valuechain.wiki/qorvo/suppliers.md · 파급: https://valuechain.wiki/qorvo/ripple.md

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