Search results for NXP Semiconductors
Industry
NXP Semiconductors shares surge 26 percent after Q1 beats estimates
NXP Semiconductors shares surged about 26 percent on April 29, putting the stock on track for its biggest jump since its 2010 listing, after its first-quarter results beat market expectations. The company posted adjusted earnings of $3.05 per share and revenue of $3.18 billion. Investors focused on its potential to benefit from rising data centre infrastructure demand, especially in power and control. Brokerages raised their price targets after the results.
Industry
China analog chipmakers raise prices as broader semiconductor price hikes spread
Pressure to raise prices is spreading across the semiconductor supply chain, prompting Chinese analog chipmakers to lift prices in line with global companies. The trend could give China, which is strong in mature-node manufacturing, an opening to expand market share, analysts say. S&P Global Ratings\' Clifford Kurz said China may benefit as analog chips are mainly made on mature processes. SEMI expects China’s share of 22 to 40 nm capacity to rise from 25 percent in 2024 to 42 percent in 2028.
AI & Enterprise
Wind River appoints Kim Young-nam as new head of Korea branch
Wind River, an Aptiv subsidiary that provides intelligent edge software, said on March 16 it appointed Kim Young-nam as head of its Korea branch. Before joining Wind River, Kim worked with key customers in automotive and embedded systems at Freescale and NXP Semiconductors. Since joining Wind River in 2016, he has led strategic sales initiatives for major customers at home and abroad as head of the automotive market.
