Nov 12 (Reuters) - Apple ( AAPL ) supplier Skyworks Solutions ( SWKS )

forecast first-quarter revenue and profit below Wall

Street estimates on Tuesday, indicating weak demand from

automotive and industrial clients.

Shares of the California-based company fell 3.1% in extended

trading.

Slowing sales of electric vehicles at a time when some

customers are clearing excess inventory have hit demand for

companies such as Skyworks Solutions ( SWKS ).

The company's customers include Amazon.com ( AMZN ) and

Apple ( AAPL ). It competes with chip firms such as NXP

Semiconductors ( NXPI ), Qorvo ( QRVO ) and Texas Instruments ( TXN )

.

Skyworks forecast first-quarter revenue to be between $1.05

billion and $1.08 billion, the midpoint of which was below

analysts' average estimate of $1.10 billion, according to data

compiled by LSEG.

The company expects adjusted profit per share of $1.57

for the first quarter ending in December, compared with

estimates of $1.72 per share.

Rival Qorvo ( QRVO ) also forecast third-quarter revenue and

profit below estimates in October, pressured by stiff

competition and a consumer shift toward entry-level smartphones.

Meanwhile, demand for consumer electronics is expected to

increase in the upcoming holiday shopping period amid a recovery

in the smartphone market, driven by the launch of new

smartphones loaded with AI features.

"We expect our mobile business to be up mid-single digits

sequentially, driven by seasonal product ramps," CFO Kris

Sennesael said in a statement.

The company reported revenue of $1.02 billion in the fourth

quarter ended Sept. 27, which was in line with estimates.

Adjusted profit per share for the quarter was $1.55,

compared with estimates of $1.52 per share.