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NXP’s Board of Directors has unanimously approved Rafael Sotomayor to succeed Kurt Sievers as president, effective April 28, 2025.
April 29, 2025
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the first quarter, which ended March 30, 2025. “NXP delivered quarterly revenue of $2.84 billion, in-line with the midpoint of guidance. NXP’s first-quarter results and guidance for the second quarter underpin a cautious optimism that NXP continues to effectively navigate through a challenging set of market conditions. We are operating in a very uncertain environment influenced by tariffs with volatile direct and indirect effects. ...
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