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Home Tech Semiconductors

NXP records sales slump amid industrial downturn

Jingyue Hsiao

Jingyue Hsiao

, DIGITIMES Asia, Taipei

Feb 4, 2025, 12:39 0

Credit: AFP

NXP Semiconductors reported a 9% revenue decline in the fourth quarter of 2024 to US$3.11 billion amid pricing pressures and increased competition. With conservative guidance for the first quarter of 2025, industry analysts note that while automotive demand...

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