July 30 (Reuters) - Skyworks Solutions ( SWKS ) reported

a drop in third-quarter revenue, hurt by sluggish demand for

chips used in the automotive industry, sending its shares down

by nearly 5% in extended trading.

Slower-than-expected sales of electric vehicles as consumers

pulled back on discretionary spending have weighed on companies

such as Skyworks and Wolfspeed ( WOLF ).

The company's automotive customers include Tesla,

Ford Motor ( F ) and General Motors ( GM ).

Skyworks had said in April it expects about 10% lower

content in the next generation of the iPhone compared to the

current version Apple ( AAPL ) sells.

The chip company reported revenue of $905.5 million for the

quarter ended June 28, lower than $1.07 billion, a year earlier.

Analysts expected revenue of $900.4 million in the fiscal third

quarter.

It expects revenue between $1 billion and $1.04 billion in

the fiscal fourth quarter, largely above analysts' average

estimate of $1.01 billion, according to LSEG data.

Apple's ( AAPL ) smartphone shipments rose in the April-June period,

but its market share fell to 15.8% from 16.6%, a year earlier,

according to IDC data.

Skyworks' net income fell to 75 cents per share in the third

fiscal quarter from $1.22, a year earlier.

(Reporting by Akash Sriram in Bengaluru; Editing by Sriraj

Kalluvila)