Tag Archives: NXP

NXP Semiconductors Issues Q2 Guidance Above Expectations

By Rich Duprey, The Motley Fool

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Mobile-chip maker NXP Semiconductors  reported first-quarter earnings that came in ahead of top-line consensus estimates by Capital IQ analysts, and issued guidance for the full year that was above expectations.

NXP reported revenues for the three months ending on March 31 of $1.09 billion, up 11% from the same period last year, when it recorded revenues of $978 million and ahead of analysts’ expectations of $1.07 billion. The chipmaker recorded a GAAP loss $0.06 per share, but adjusted profits of $0.72, more than triple the $0.23 per share in adjusted profits it generated last year.

Guidance for the second quarter 2013, however, was expected to be in a range of $1.15 billion to $1.21 billion, with the $1.18 billion mid-range number above the $1.16 billion expectations of analysts. On the bottom line, it anticipates $0.62 to $0.70 per share, with the midrange of $0.66 ahead of Wall Street’s $0.63-per-share estimates.

Noting that its standard products segment performed more weakly than desired because of product mix, pricing pressures, and poor factory performance that resulted from a slower-than-expected recovery from its recent quality control issues, NXP CEO Richard Clemmer said, “Our strategy continues to be focused on providing unique and differentiated product solutions to enable our customers’ success, which over the longer-term should allow NXP to outpace the cyclical growth of the overall semiconductor market.”

NXP Semiconductors provides chips used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer, and computing applications.

Editor’s note: The Q1 top-line consensus estimate number in this article has been updated.


The article NXP Semiconductors Issues Q2 Guidance Above Expectations originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends NXP Semiconductors. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

EU details concerns about alleged smartcard chip cartel

The European Commission announced on Monday that it has launched a formal investigation into a group of smartcard chip suppliers who are suspected of breaking the European Union‘s antitrust laws by operating a cartel, and has sent letters detailing its concerns to the companies.

Although the Commission did not name the companies, it did confirm in January 2009 that raids were carried out on Infineon Technologies, STMicroelectronics, Atmel Corp, Renesas Technology and NXP, a Philips spin-off.

The Commission said at the time that it had reason to believe the companies had coordinated their behavior to keep prices artificially high. Following the raids, the Commission offered the companies a chance to reach a so-called Article 9 settlement. However a lack of progress has now led to formal proceedings.

Infineon, Renesas and Philips all confirmed on Monday that they had received an official Statement of Objections from the Commission. However STMicroelectronics said it had not, nor has it been involved in any settlement negotiations.

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From: http://www.pcworld.com/article/2036085/eu-details-concerns-about-alleged-smartcard-chip-cartel.html#tk.rss_all

Will Wal-Mart Be the Death of Near-Field Communications?

By Rich Duprey, The Motley Fool

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According to a recent Harris Interactive survey, most consumers feel smartphone payments will eventually replace credit and debit cards and cash for most purchases but it’s likely not going to happen within the next five years.

That bodes well for the long-term outlook for chip makers like NXP Semiconductors and Skyworks Solutions , which are leaders in the field of near-field communications, or NFC. That’s the technology that allows mobile devices to securely communicate with a payment terminal. Wave your NFC-enabled smartphone in front of an NFC-enabled terminal and you can easily make a payment.

Objects are closer than they appear
The interest expressed in the survey is part of the reason behind why NXP feels 2013 is the year that NFC technology takes off. Google has been in the forefront of the issue through its Wallet mobile payment system and Android smartphones like Samsung’s Galaxy have been equipped with NFC chips to take advantage of it wherever it’s available. Indeed, Samsung recently partnered with Visa to provide an NFC platform that financial institutions can trust.

Banks will be able to load payment account information to a secure chip embedded in Samsung devices using Visa’s mobile provisioning service linked to Samsung’s service that creates secure data storage domains for card issuers.

Notably, however, Apple has yet to jump into the fray. Although many watchers had anticipated the iPhone 5 to include an NFC chip, it was not to be, even though it had acquired such capabilities through its AuthenTec acquisition last year. And with Skyworks already a chip supplier for the iPhone, should Apple decide it needs to be a part of the NFC revolution, it has ready access to a key player in the field.

Scanning the horizon
Yet retail king Wal-Mart may be leading the way in killing off the chances of NFC gaining a real foothold. Rather than investing in the expensive new terminal upgrades that would be required to make NFC in its stores a reality, it’s rolling out an iPhone app called Scan & Go that allows consumers to scan and bag their purchases while shopping and simply scan a quick-response pixilated QR code square at the checkout terminal to complete the purchase.

While that may be a means for it to ultimately save money on cashier salaries, it could provide the pathway for other retailers to follow. Wal-Mart is expanding the test program to 200 stores in 14 markets, and though the app is only available for the iPhone, it’s easy to see that (depending upon its success) it could eventually roll out to all 14,000 stores and be available across all smartphone platforms.

Stop & Shop supermarkets have offered a similar app for both iPhones and Android devices for several years, but Wal-Mart’s entry could be the thing that brings it mainstream. Because near-field communications has taken longer than expected to get up and running, just as widespread adoption looks to be within …read more

Source: FULL ARTICLE at DailyFinance

NXP Semiconductors Wants Cars to Talk to Each Other

By Rich Duprey, The Motley Fool

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It might seem like something out of Terminator: Rise of the Machines, but in an effort to make the roads safer as well as more efficient to travel upon, NXP Semiconductors is imagining a future where cars communicate not only with one another but with the road and environment around them.

Talk to me
Through a consortium of companies including car manufacturers like Honda and Audi, along with technology partners such as mapmaker TomTom, NEC, and TE Connectivity, as well as a number of universities and research institutes, NXP is looking to implement and deploy a wireless communications network between cars and the highway infrastructure around them.

For example, the technology would allow cars to communicate with one another and could  essentially “see” around corners to detect danger even before it was visible to the driver, or to warn of traffic jams or approaching emergency vehicles. 

Just last week the chip maker perhaps best known for its leadership in near-field communications signed a memorandum of understanding with one of the consortium partners, Cohda Wireless, to create a cooperative intelligent transportation system in Europe. In January, NXP and Cisco  announced  a significant investment in Cohda Wireless to develop a similar system in the U.S. The Transportation Department has been running a test in Michigan since last August testing vehicle awareness in more than 2,800 cars.

The Internet of Things
According to Cisco, more devices, appliances, and even cattle are connecting to the Internet than people (farmers can track the health of their “networked cows” via technology developed by Dutch start-up Sparked). In fact, the Internet became an “Internet of Things” as far back as 2008 when there were more devices connected than people on the Earth. Cisco predicts some 25 billion devices will be connected by 2015, and 50 billion by 2020.

NXP and Cohda have developed a wireless communication system that will complement Cisco’s “Internet of Things” infrastructure using Cohda’s 802.11p technology. That’s an amendment to the Wi-Fi LAN standard but designed specifically for automotive applications.

“Roadlink” will be the branded named of the new NXP and Cohda technology used for marketing a total car-to-X communication and security system for on-board units and road-side units in the intelligent transportation system of the future. Automotive-ready modules based on Roadlink are currently being developed by companies such as lesswire AG in Germany. The first C2X module from lesswire is expected to be available in 2015.

Cart before the horse?
Because it’s a consortium that’s developing the system, it will become a complete end-to-end solution right from the get-go and avoiding many of the chicken-or-egg scenarios that have plagued a number of technological advances, such as natural gas cars: Do you develop the refueling infrastructure first so that cars have a place to fill up, or do you make the cars first to prove there is demand to necessitate the expense to build the infrastructure?

Car-to-X has the potential to create vehicles that are more than simply passive receptacles through which information passes, but rather part of an active, holistic network where the very …read more

Source: FULL ARTICLE at DailyFinance

'Sensorless sensing' technology enables accurate correction of temperature effects on LED performance

When comparing LEDs to incandescent light bulbs, there is a noticeable difference in light quality: LED lamps when dimmed are perceived to be “colder” than incandescents. At CES 2013 this week, NXP Semiconductors is demonstrating a groundbreaking solution that allows LED lamps to closely mimic the traditional incandescent light bulb, to produce a warmer, cozier white light as they are dimmed. Featuring “sensorless sensing” technology, developed and patented by NXP, this solution also has the advantage of driving down LED system costs by eliminating external temperature sensors, reducing the size of the heat sinks required for LED system cooling, and significantly improving reliability.
Source: FULL ARTICLE at Phys.org