TITLE

NXP blames $367M Q2 loss on "soft" market conditions

AUTHOR(S)
Taylor, Colleen
PUB. DATE
July 2007
SOURCE
Electronic News;7/30/2007, Vol. 53 Issue 31, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that NXP sales were $1.57 billion in the second quarter of 2007 which is greater by 2.3 percent from the first quarter. NXP posted a net loss of $367.15 million as a result of soft market conditions. But, the company is still intent to grow through acquisitions such as the acquisition of the BlueStreak microcontroller product portfolio from Sharp Microelectronics of the Americas and the AeroFONE single-chip phone and power amplifier product lines from Silicon Laboratories.
ACCESSION #
26129387

 

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