NXP Semiconductors sales dip 1% to USD 2.2 bln in Q1

Friday 5 May 2017 | 10:21 CET | News
NXP Semiconductors reported revenues of USD 2.21 billion in the first quarter, down 1 percent year-on-year due above all to a 3 percent decline in product sales. The gross margin expanded to 48.8 percent from 26.8 percent a year ago, and the reported net income attributable to shareholders came in at USD 1.31 billion versus a USD 398 million net loss in the year-earlier quarter. NXP also reduced its gross debt to USD 6.5 billion from USD 9.2 billion a year earlier.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

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

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


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

Published 03 Aug 2017 17:54 CET | World
NXP Semiconductors reported revenues of USD 2.21 billion in the second quarter, down 7 percent from the year before and flat ...

Qualcomm verlengt bod op NXP

Published 30 Jun 2017 09:25 CET | Netherlands
Qualcomm verlengt het bod op het Nederlandse NXP omdat er nog te weinig interesse zou zijn bij beleggers. De Amerikaanse ...

EU launches in-depth probe into Qualcomm takeover of NXP

Published 12 Jun 2017 08:59 CET | Europe
The European Commission has opened an in-depth investigation into Qualcomm's proposed acquisition of Netherlands-based NXP ...

NXP supplies elements of Empay mobile wallet in UAE

Published 08 Jun 2017 11:29 CET | United Arab Emirates
Cardtek said that it is collaborating with NXP Semiconductors for the Empay mobile wallet by Emcredit. Empay will enable ...

NXP shareholders push for higher bid from Qualcomm - report

Published 31 May 2017 14:41 CET | World
Shareholders of NXP Semiconductors are pushing the company to renegotiate its takeover by Qualcomm and secure a higher price, ...

Tan joins NXP automotive team

Published 26 May 2017 10:25 CET | World
NXP Semiconductors has announced the appointment of Alexander E. Tan as the new vice president and general manager of Automotive ...

Qualcomm warns of Apple impact as Q2 hit by Blackberry deal

Published 20 Apr 2017 08:42 CET | World
Qualcomm reported results for its fiscal second quarter to March lower than expected due to its arbitration settlement with ...

NXP to reduce gross debt by USD 2.7-6.5 bln

Published 13 Feb 2017 13:46 CET | World
NXP Semiconductors said it will be reducing its gross debt by USD 2.7-6.5 billion, from the USD 9.2 billion recorded at the end ...

NXP Semiconductors sales stable, margins up in Q4

Published 02 Feb 2017 10:47 CET | World
NXP Semiconductors reported revenues of USD 2.44 billion for the fourth quarter, up 52 percent year-on-year thanks to its ...

NXP intros i.MX 8M family of applications processors

Published 05 Jan 2017 16:59 CET | World
NXP Semiconductors is demonstrating its new i.MX 8M family of applications processors for IoT audio, voice and video interactions ...

NXP underlying revenues improve, slipping only 3% in Q3

Published 27 Oct 2016 14:35 CET | World
NXP Semiconductors reported third quarter revenues at USD 2.469 billion, a jump of 62 percent from the year before and at the ...

Qualcomm to acquire NXP Semiconductors for USD 47 bln

Published 27 Oct 2016 13:27 CET | World
Qualcomm has agreed to buy NXP Semiconductors for USD 47 billion, strengthening its position in the wireless market and creating ...

EC approves NXP sale of Standards Products business

Published 13 Oct 2016 19:47 CET | World
The European Commission (EC) has approved the sale of NXP Semiconductor's Standard Products business (Nexperia) to a consortium ...

NXP underlying revenue falls 8% in Q2, meets guidance

Published 28 Jul 2016 12:24 CET | World
NXP Semiconductors reported sales growth of 57 percent for second-quarter 2016 at USD 2.37 billion but on a comparable basis, ...

NXP underlying revenue falls 11% in Q1

Published 26 Apr 2016 09:29 CET | World
NXP Semiconductors reported first-quarter revenues of USD 2.2 billion, an increase of almost 52 percent year-on-year following ...

NXP, Freescale complete merger

Published 08 Dec 2015 09:06 CET | World
NXP Semiconductors has completed its takeover of Freescale Semiconductor, first announced in March. The new company, with annual ...