Flexible Electronics News

NXP Semiconductors Reports1Q 2018 Results

NXP delivered first quarter revenue of $2.27 billion, an increase of approximately 3% year on year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. reported financial results for the first quarter 2018 ended April 1, 2018.   NXP delivered first quarter revenue of $2.27 billion, an increase of approximately 3% year on year, and a decrease of 8% as compared to the prior quarter, with the annual period comparison impacted by the divestment of the Standard Products business during the first quarter of 2017. HPMS segment revenue was $2.17 billion, an increase of 8% year on year, and a decrease of 8% on a sequential basi...

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