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Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortcomings in lithography and EDA software (Bloomberg)

Bloomberg : Sources: Big Fund III, China's main chip fund that has secured only a part of its $48B goal, plans to focus on key shortc...

7 November 2023

NXP Semiconductors reports Q3 revenue down 0.3% YoY to $3.43B, beating $3.4B est., and forecasts strong Q4 profit due to strong automotive and industrial demand (Chavi Mehta/Reuters)

Chavi Mehta / Reuters:
NXP Semiconductors reports Q3 revenue down 0.3% YoY to $3.43B, beating $3.4B est., and forecasts strong Q4 profit due to strong automotive and industrial demand  —  Chipmaker NXP Semiconductors (NXPI.O) forecast fourth-quarter profit above Wall Street targets on Monday …

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