Reported about 15 hours ago
NXP Semiconductors NV has projected fourth-quarter revenue that exceeds Wall Street expectations, buoyed by a recovery in demand, particularly in the automotive sector. The company's shares rose following this news, reflecting its success in capitalizing on growing demand for scalable processing solutions. NXP's automotive segment revenue increased, and the company continues to expand through strategic acquisitions, including recent deals to enhance its automotive technology capabilities.
Source: YAHOO