CONNECT WITH US

NXP revenue dips as chip cycle bottoms out; auto demand drives cautious rebound

Jingyue Hsiao, DIGITIMES Asia, Taipei 0

Credit: AFP

NXP Semiconductors posted third-quarter revenue of US$3.17 billion, down 2.4% year-on-year but above the midpoint of its guidance, reflecting steady demand across key end markets. The company reported a gross margin of 57%, slightly below 58.2% in the...

The article requires paid subscription. Subscribe Now