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Second quarter 2008 at NXP 22-07-08

NXP Semiconductors announced second quarter sales of USD 1,524 million, a comparable decrease of 1.9% on the second quarter of 2007 and a comparable decrease of 0.6% over the first quarter of 2008. Adjusted EBITDA in the second quarter was USD 114 million, down from USD 190 million in the second quarter of 2007 and down from USD 183 million in the first quarter of 2008. Adjusted The net loss was USD 330 million.

 

The Mobile & Personal business showed a 3.3% comparable sales decline caused by soft market conditions and related weak sales in Personal Entertainment Systems and Cellular Systems. The Home business sales decreased on a comparable basis with 8.6% caused by the continued declining CRT market and RF Solutions. The Automotive & Identification business showed a 0.5% comparable sales decline with strong sales in Automotive and flat sales in Identification. MultiMarket Semiconductors realized a comparable growth of 3.9% due to stronger sales in Power Management, Standard ICÊs and General Applications.

 
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