NXP Semiconductor NXP released its Q1 results in May

http://chargersupplierss.comNXP Semiconductor NXP released its Q1 results in May

NXP Semiconductor NXP released its Q1 results in May. In Q1, NXP reported revenue of $1.945 billion, or 21.086 billion yuan, up 22.17% from a year earlier. Among them, the revenue of the automobile business segment was 1.557 billion US dollars, equivalent to 10.469 billion yuan; The industrial and IoT segment had revenue of $682 million, equivalent to 4.586 billion yuan; Revenue from the handset division was $401 million, or 2.696 billion yuan; Communications manufacturing and other revenue of $496 million, equivalent to 3.335 billion yuan. In addition, NXP spent $1.777 billion (11.948 billion yuan) on research and development in Q1.