NXP CEO on China, Apple Pay, IoT & V2V
Junko Yoshida, EETimes
4/30/2015 08:25 PM EDT
MADISON, Wis. — NXP Semiconductors posted in the first quarter of 2015 total revenue of $1.47 billion, an increase of 17.7 percent over the same period a year ago. Richard Clemmer, NXP CEO, attributed the first quarter results to the company’s “better product mix, which drove better profitability.” NXP’s non-GAAP operating margin in the first quarter was 26 percent.
A merger of NXP and Freescale is expected in the second half of this year. Clemmer confidently spoke of significant integration planning already under way. This “should assure a successful Day One execution of the merger,” he said.
NXP is also likely to have a buyer for its RF power business in the next few months. Due to the sheer size of the two companies’ combined RF power business, Clemmer had previously talked about selling NXP’s RF power business in order to meet regulatory guidelines.
E-mail This Article | Printer-Friendly Page |
|
NXP Hot IP
Related News
Breaking News
- Ceva multi-protocol wireless IP could simplify IoT MCU and SoC development
- Controversial former Arm China CEO founds RISC-V chip startup
- Fundamental Inventions Enable the Best PPA and Most Portable eFPGA/DSP/SDR/AI IP for Adaptable SoCs
- Cadence and TSMC Collaborate on Wide-Ranging Innovations to Transform System and Semiconductor Design
- Numem at the Design & Reuse IP SoC Silicon Valley 2024
Most Popular
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Qualitas Semiconductor Appoints HSRP as its Distributor for the China Markets
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
- Credo at TSMC 2024 North America Technology Symposium
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process