Day: November 2, 2021

NXP Gives Bullish Outlook on Effort to Boost Chip Supply

(Bloomberg) — NXP Semiconductors NV, a major chip supplier to the automotive industry, gave a bullish revenue forecast for the current period.

Most Read from Bloomberg

The Dutch company said fourth-quarter revenue will be $2.93 billion (2.5 billion euros) to $3.08 billion as global chip shortages continue to drive sales. That compares with the $2.91 billion average estimate from analysts surveyed by Bloomberg.

“We continue to take additional actions to assure supply to our customers, which underpins our continued confidence in robust growth in the remainder of 2021 and through 2022,” Chief Executive Officer Kurt Sievers said Monday in a statement.

Key Insights

  • NXP reported third-quarter revenue of $2.9 billion, up 26% from a year earlier.

  • Sievers said in April that supply would likely remain tight for the remainder of 2021 with a constraint in auto chips lasting until 2022.

  • The gap between putting in a semiconductor order and taking

Read More


Car & Automotive,automotive industry,Car & Mechanical,Car & Classic,motorcycleTransport infrastructure consists of the fixed installations, including roads , railways , airways , waterways , canals and pipelines and terminals reminiscent of airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (together with fueling docks and gas stations ) and seaports Terminals may be used both for interchange of passengers and cargo and for maintenance. French cars are good vehicles, however they typically have many electrical faults and the driving experience is just not so impressive if you happen to ask me. The potential photo voltaic power that could be used by people differs from the amount of photo voltaic energy present close to the floor of the planet because elements equivalent to geography, time variation, cloud cowl, and the land available to humans limit the amount of solar energy that we can purchase.

The three started work on a brand new and improved … Read More