NXP Capacity Cuts Cause Flat Sales In 30% Growth Year
November 4, 2010
In a year in which the semiconductor market is expected to grow 30%, NXP looks as if it will grow at zero per cent.
Q1 sales were $1.165 billion; Q2 sales were $1.2 billion; Q3 sales were $1.2 billion. NXP says it expects Q4 product revenue to be flat with Q3.
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