Flexible Electronics News

NXP Semiconductors Reports 3Q 2017 Results

Records revenue of $2.387 billion, GAAP gross marginof 50.9%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the third quarter ended Oct. 1, 2017.   NXP delivered revenue of $2.39 billion, a decline of 3% year on year, and up 8% as compared to the prior quarter, with the annual period comparison impacted by the successful divestment of the Standard Products business during the first quarter of 2017. HPMS segment revenue was $2.29 billion, an increase of 9% on both a year on year, and on a sequential basis.   Within the Automotive group, third q...

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