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NXP records sales slump amid industrial downturn

Jingyue Hsiao, DIGITIMES Asia, Taipei Tuesday 4 February 2025 0

Credit: AFP

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...

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