NXP Cuts Leave It Short Of Capacity
August 18, 2010
STMicroelectronics is not the only European semiconductor company to have been caught out by the upturn. NXP's Q2 earnings report states:
'Our overall demand, bolstered by our increased design wins, is greater than our current capacity. Additional capacity to meet the demand is underway, however this will have only limited impact in the third quarter. Therefore our expectation is that total comparable sales will be relatively flat on a sequential basis.'
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