NXP reported Q2 revenues of $1,506m, corresponding to a 2.7% sequential increase and 11.6% yoy. The biggest contributor was Automotive with $310m (+2.6% sequentially, +7.6% yoy), and the strongest growth yoy was reached by Secure Connected Devices ($276m, +39.4%), while Secure Identification Solutions witnessed the strongest sequential growth ($257m, +15.8%). Standard Products were relatively flat sequentially and yoy (-0.3% and +1.9%). The non-GAAP gross margin reached 48.7% (48.1% for the G
31 Jul 2015
Roaring margins in light of an excellent quarter
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Roaring margins in light of an excellent quarter
NXP Semiconductors NV (0EDE:LON) | 0 0 0.0% | Mkt Cap: 23,931m
- Published:
31 Jul 2015 -
Author:
Charles Bordes -
Pages:
3
NXP reported Q2 revenues of $1,506m, corresponding to a 2.7% sequential increase and 11.6% yoy. The biggest contributor was Automotive with $310m (+2.6% sequentially, +7.6% yoy), and the strongest growth yoy was reached by Secure Connected Devices ($276m, +39.4%), while Secure Identification Solutions witnessed the strongest sequential growth ($257m, +15.8%). Standard Products were relatively flat sequentially and yoy (-0.3% and +1.9%). The non-GAAP gross margin reached 48.7% (48.1% for the G