David J. Aldrich President & Chief Executive Offi cer Dear Stockholders, As we look back at fiscal 2011, I am pleased to report that we made significant progress towards solidifying our leadership  position in analog semiconductor solutions across a diverse set of applications. Despite the broader global economic backdrop,  Skyworks has been capitalizing on the unabated consumer demand for mobile connectivity. Our differentiated products,  technology leadership, broad customer engagements and scale are positioning us to capitalize on the explosive growth in  wirelessly-enabled platforms and services.  As an example, today’s smartphones function as a camera, music player, GPS navigator, gaming platform, social networking  tool, video screen…and can even make calls! Consumers are demanding increasingly faster data rates, improved video  connections and instant Web browsing functionality not only from their smartphones, but from an increasing number of other  platforms including tablets and home networks. As a result, the need for wireless capability has never been greater. The advent  of the tablet alone is creating an incremental addressable market that can be measured in the billions of dollars. With worldwide  shipments of smartphones predicted to reach one billion units by 2015 and tablets expected to surpass a quarter of a billion units,  the opportunities for semiconductor providers who can deliver the most highly innovative solutions are tremendous. In fact, some  analysts estimate that the total available market for analog content is expected to grow more than three times faster than the total  unit growth of smartphones. While the typical feature phone previously consumed less than $2 of semiconductor content, today’s  smartphones can require up to $12 of Skyworks addressable functionality. This includes GPRS/EDGE power amplifi cation, antenna  switching, power and lighting, wireless networking and the integration of various WCDMA and LTE bands.  This trend plays directly to Skyworks’ strengths. All of these platforms demand high performance solutions that preserve  battery life, increase data rates and shrink board space. Accordingly, we leverage our in-house building blocks, our deep  understanding of system-level requirements and our scale to deliver highly integrated, best-in-class solutions to meet our  customers’ needs. Our solutions simplify unprecedented complexity, integrating up to 20 frequency bands that have been  optimized for performance and yet can be delivered as drop-in solutions. As a result, we are actively supporting the entire  spectrum of mobile providers, from handset OEMs and smartphone providers to baseband suppliers, expanding upon our  leadership position and capitalizing on this explosive market trend.  Consumer Demand for Mobile Connectivity Breakthrough Simplicity Page 3 Skyworks / Letter to Stockholders