NXP forecasts lower 4Q24 results due to falling auto chip demand and macro issues

Jerry Yang, Taipei; Jessie Shen, DIGITIMES Asia Tuesday 5 November 2024 0

Credit: Bloomberg

NXP Semiconductors anticipates that its revenue and profit performance for the fourth quarter of 2024 will be below market expectations, with an estimated range of US$3 billion to US$3.2 billion, as a result of a slowdown in the automotive industry,...

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