Flexible Electronics News

NXP Semiconductors Updates View of 1Q 2020 Performance

Sets date to review detailed results.

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By: Anthony Locicero

Copy editor, New York Post

 NXP Semiconductors N.V. updated its performance expectations for first quarter 2020 due to the business impact from the novel coronavirus (COVID-19).    This pre-announcement is currently the company’s best estimate but may change following the completion of its first quarter financial closing procedures. These estimates reflect a worse than anticipated impact from the COVID-19 pandemic versus what the company had anticipated on March 2, 2020.   “Consistently during this challenging per...

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