STMicro Beats Q1 2023 Earnings Expectations Despite Chip Shortages
STMicro expects 2023 revenue of $17.0 billion-$17.8 billion, representing a 5%-10% growth over 2022. Silicon carbide (SiC) substrate manufacturing…
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…
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…
Connected Vehicle 2022 Summit: From ADAS to Autonomous Mobility, Here are Some Key Takeaways
India’s Connected Vehicle event is back offline after two years. Held in Bengaluru from May 4 to May 6, the event saw attendance from the chipset,…
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…
Semiconductor Component Shortage Hits Automobile Industry
The impact of COVID-19 on the semiconductor supply chain has extended from consumer to automotive electronics. Since Q2 2020, many automotive…