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Announces $5 billion share repurchase authorization, termination of Qualcomm and NXP purchase agreement.
July 27, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the second quarter 2018 ended July 1, 2018. NXP delivered second quarter revenue of $2.29 billion, an increase of 4% year on year, and an increase of 1% as compared to the prior quarter. HPMS segment revenue was $2.19 billion, an increase of 5% year on year, and an increase of 1% on a sequential basis. Within the Automotive group, second quarter revenue was $1,008 million, up 7% year on year, with auto MCU, advanced analog and infot...
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