NXP Reports Record Revenue in 2022, Automotive Shines
2022 was a record-breaking year for NXP with solid profit growth and healthy free cash flow generation. Accelerated growth drivers (except UWB) are…
NXP Q3 2022 Revenues Better Than Expected; Automotive, Mobile Segments Shine
NXP’s Q3 2022 revenues were $20 million more than the midpoint of the company’s previous guidance. The automotive, mobile and communication…
Connected Car Sales Overtake Non-connected Cars in Q2 2022
The US overtook China in Q2 2022 to lead the global connected car market. The top five groups – Volkswagen, Toyota, GM, Stellantis and Hyundai –…
Automotive, Industrial Segments Drive NXP’s Strong Q2 Numbers
Second quarter revenues for NXP were $37 million more than the midpoint of the company’s previous guidance with the automotive and industrial…
Europe Connected Car Market Drives Forward Despite Bumps
4G car market share will hit the high of 91% in 2022 before declining. 3G car market share will be in a continuous decline after 2021. London, San…
NXP Sees Record Revenues in 2021; Automotive Segment Leads the Way
NXP’s automotive segment crossed $5.4 billion in revenues in 2021, surpassing the previous high of $4.5 billion in 2018. The segment will continue…
Global Connected Car Market Remains Resilient; 5G Cars Deployed Globally
In 2021, 4G cars were 90% of total connected car shipments. 5G cars are expected to be a quarter of connected cars by 2025. San Diego, Buenos…
US Connected Car Market on Recovery Path After COVID-19; 5G Cars to Account for 27% of Market by 2025
In 2020, 92% of connected cars in the US were using 4G LTE networks. 80 million new connected cars will be added in the US during 2020-2025. San…
COVID Dents TCU Shipments but Recovery Looks Promising
Continental, LG, and Harman together account for a majority of global TCU shipments. One in four TCUs shipped in 2025 will be 5G-enabled. Automakers…
Connected Car Shipments for Europe Hit the Expressway
In Q2 2020, 4 out of 5 connected cars were using 4G LTE connectivity in Europe. 69 million new connected cars will be added in Europe during…