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NXP lifts profit in Q2, bolstered by historic highs at Automotive

Thursday 3 August 2017 | 17:54 CET | News
NXP Semiconductors reported revenues of USD 2.21 billion in the second quarter, down 7 percent from the year before and flat sequentially, negatively affected by comparison periods made strong by the sale of the company's Standard Products operations. Revenues at the JPMS segment lifted 4 percent to USD 2.1 billion but at the Automotive group, they again hit a historical record of USD 938 million, up 9 percent, pushed by strong demand across the product portfolio.

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Categories: Mobile & Wireless
Companies: Freescale Semiconductor / NXP Semiconductors / Qualcomm
Countries: World
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