© designersart dreamstime.com Components | February 06, 2015
NXP keeps on growing
NXP Semiconductors forth quarter ended the fiscal year on a high note for the company. Revenues for the forth quarter came in at USD 1.5 billion, an increase of almost 20 percent from the same quarter the year before.
“Our results in the fourth quarter of 2014 came in at the high-end of our guidance, as NXP delivered Product revenue of USD 1.50 billion, approximately a 20 percent increase from the same period in the prior year and a 2 percent sequential increase – significantly better than historic seasonality on a sequential basis. Total NXP revenue was USD 1.54 billion, a 1.5 percent sequential increase, and nearly a 19 percent increase from the same period in the prior year,” said Richard Clemmer, NXP Chief Executive Officer. On a full-year basis, NXP delivered strong year-on-year growth. Full-year Product revenue was USD 5.5 billion, up 17 percent year-on-year, as demand associated with key HPMS design opportunities continued to accelerate. HPMS segment revenue was USD 4.2 billion, an increase of 19 percent year-on-year, due to broad based strength across all of the company's target end markets. Standard Product segment revenue was USD 1.3 billion, an increase of 11 percent year-on-year, reflecting better than overall industry growth in both discrete and logic product lines. In total, NXP revenue was USD 5.65 billion, an increase of 17 percent year-on-year, and full-year non-GAAP free cash flow was USD 1.14 billion, up 68 percent year-on-year, representing 20 percent of total revenue. “During the fourth quarter, growth within the HPMS segment was better than seasonal and near the upper-end of our guidance range. We achieved record revenue levels in our Identification, Automotive and Infrastructure & Industrial businesses. Revenue in the Identification business was USD 411 million, up nearly 4 percent sequentially, and up 25 percent from the same period in the prior year. In Automotive revenue was USD 292 million, up 1 percent versus the third quarter and up 6 percent versus from the same period in the prior year. Within Portable & Computing, revenue was USD 213 million, down 2 percent from the prior quarter, yet still up 34 percent compared to the same period in the prior year. Revenue in Industrial & Infrastructure was USD 253 million, up 6 percent sequentially, and up 30 percent from the same period in the prior year", said Clemmer. ----- Image © NXP
Arrow sits comfortably as number one among distributors SourceToday has rolled up their sleeves and taking it upon themselves to analyse the world of electronic component distribution.
Vitesco and ROHM cooperate on Silicon Carbide Power Solutions The powertrain business area of Continental Vitesco Technologies and ROHM Semiconductor have recently signed a development partnership, beginning in June 2020.
Six chip companies expecting an increase in 2Q sales Because of uncertainty regarding the impact of Covid-19 on business in the second half of this year, many semiconductor companies have not provided full year 2020 guidance.
Murata to close its Kanuma manufacturing plant It was short lived, the Kanuma plant. Established back in September of 2017, the site has developed, designed and produced primary and secondary batteries, but now the plant will close and production will be transferred.
Integra wins $3 million contract from Northrop Grumman Integra Technologies has been was awarded a $3 million contract from Northrop Grumman.
NI to acquire OptimalPlus in a $365 million deal National Instruments has entered into a definitive agreement to acquire OptimalPlus Ltd., a global player in data analytics software for the semiconductor, automotive and electronics industries.
Seagate to consolidate operations in the US On June 1, 2020, Seagate Technology committed to a restructuring plan with the aim reduce its cost structure, and invest in future opportunities. The company also intends to consolidate its Minnesota facilities into one location.
SkyWater chosen for volume US manufacturing of temperature sensing chip Foundry partner, SkyWater Technology, has been chosen by investment firm, Asymmetric Return Capital (ARC) and Linear ASICs, a fabless analog and mixed-signal semiconductor company, to volume manufacture a microchip with temperature sensing capabilities used in a low-cost, smartphone-enabled wireless patch that assists in the remote detection of COVID-19.
Samsung expands with new NAND flash facility Samsung Electronics plans to expand its NAND flash production capacity in Pyeongtaek, Korea, in order to improve its ability to meet demands from emerging technologies.
ASML ships first-generation multibeam inspection system ‘eScan1000’ ASML Holding NV says that it has completed system integration and testing of its first-generation HMI multibeam inspection (MBI) system for 5 nm nodes and beyond.
Cognex takes measures to counter deteriorating market conditions Machine vision technology provider, Cognex Corporation, says it is taking significant steps to reducing expenses due to deteriorating market conditions and to position the company for growth when conditions improve.
Verkotan selects PWC technology from Rohde & Schwarz Test and measurement specialist Rohde & Schwarz has recently introduced the R&S PWC200, the first plane wave converter (PWC) on the market. Verkotan is the first independent test house to choose this technology to test 5G NR FR1 base stations over-the-air (OTA).
Kurt Sievers takes the helm at NXP At its annual general meeting of shareholders, the appointment of Kurt Sievers as the company’s next CEO was overwhelmingly approved.
Excelitas’ Qioptiq subsidiary expands with new plant Excelitas Technologies, a company delivering photonic solutions, sats that its Qioptiq subsidiary held a ground-breaking ceremony last week to mark the beginning of construction for a new factory in Göttingen, Germany.
Farnell adds Sorensen power supplies to its roster Distributor Farnell announces that it has added Sorensen, the premier DC programmable power supply brand from Ametek, to its range of power supplies.
Infineon raises EUR 1 billion following successful share placement Infineon informs that the company placed 55 million new shares, following an accelerated bookbuilding process with institutional investors, under the exclusion of subscription rights. The shares were placed at a price of EUR19.30 per share, meaning that the company managed to raise EUR 1.06 billion.
Skeleton Technologies strengthens management with new COO Skeleton Technologies has appointed Ants Vill, former Vice President of Product, as Chief Operating Officer.Load more news