NXP records sales slump amid industrial downturn

Digitimes
Feb 3, 2025, 11:39 pm361 ptsTrendingTop
NXP Semiconductors reported a 9% revenue decline in the fourth quarter of 2024 to US$3.11 billion amid pricing pressures and increased competition. With conservative guidance for the first quarter of 2025, industry analysts note that while automotive demand remains stable, weakness in other sectors highlights…

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