NXP's net profit attributable to NXP for the second quarter of fiscal year 2022 was US$670 million, an increase of 68.77% year-on-year
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Update time : 2022-07-28 14:21:52
NXP announced its financial results on July 26, announcing net income attributable to common shareholders of the parent company of US$670 million for the second quarter of fiscal 2022, up 68.77% year-on-year, and operating income of US$3,312 million, up 27.58% year-on-year.
NXP continued to perform well despite significant macroeconomic cross-trends," said Kurt Sievers, President and CEO of NXP. The very strong performance of new designs in the end markets we focus on reinforces our confidence that our investments are aligned with long-term market demand."
NXP Semiconductors N.V. is a global semiconductor company. With a 50-year history of innovation and operations, the company is a long-standing supplier and was registered in the Netherlands on August 2, 2006 as a private limited liability company under the name of KASLION Acquisition. The company is able to use its deep insight and experience in application technology for radio frequency, analogue, energy management, interfaces, and secure digital processing systems to provide leading-edge, high-performance mixed-signal and standard product solutions. The company's product solutions are used in a wide range of automotive, identification, wireless network infrastructure, lighting, industrial, mobile, consumer and computer applications.