NXP Semiconductors CEO: China Is Taking the Lead In COVID-19 Recovery
Chipmaker NXP Semiconductors (NASDAQ: NXPI) reported second-quarter results late Monday evening. The Dutch-Texan company posted lower sales and earnings due to the ongoing COVID-19 health crisis but management also sketched out a gradual return to normalcy in the fall. Chinese customers are already stocking up on industrial computing chips and products designed for the Internet of Things.
Metric
Q2 2020
Source Fool.com
