Market shows signs of soft spots, says NXP's Clemmer

Peter Clarke, EETimes
8/17/2010 7:16 AM EDT

LONDON – NXP BV, which has closed several fabs in recent quarters, could not meet demand for its chips in the second quarter. But Rick Clemmer, the company's CEO, is not worried that this will allow others to capitalize in Q3 at NXP's expense. While chip demand remains generally healthy there are some market signs of soft spots and Clemmer said that Q3 2010 may not be the sales bonanza Q3 provides in most years.

In its financial results for Q2 NXP (Eindhoven, The Netherlands) said it does not expect manufacturing capacity additions being put in place will impact the third quarter to a significant degree and as such predicted flat sales in Q3.

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