Flexible Electronics News

NXP Semiconductors Reports 4Q and Full-Year 2016 Results

Full-year revenue was $9.5 billion, up 56% versus 2015 revenue.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the fourth quarter and full year ended Dec. 31, 2016. The company reported revenue of  $2.44 billion in Q4 and $9.498 billion for the full year.   “NXP delivered better than historical seasonal results for the fourth quarter of 2016, with revenue of $2.44 billion, an increase of 52% year on year, and a decline of 1% versus the prior quarter, in-line with the mid-point of our guidance. Our full-year revenue was $9.5 billion, up 56% versus o...

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