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Revenue was $2.37 billion, an increase of 57% year on year.
July 29, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. reported financial results for the second quarter 2016, ended July 3, 2016, and provided guidance for the third quarter of 2016. “NXP delivered solid results for the second quarter of 2016, with revenue at $2.37 billion, an increase of 57% year on year, an increase of 6% versus the prior quarter and $20 million above the mid-point of our guidance. HPMS segment revenue was $2.01 billion, an increase of 76% year-on-year, and an increase of approximately 5% from the prio...
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