The Traderszone Network

Published in TZ Latest News 21 November, 2014 by The TZ Newswire Staff

NXP Semiconductors Banks On Apple, China Growth

NXP Semiconductors (NXPI), which designs chips that enable secure mobile payments, hopes to get a lift from Apple (AAPL). The Netherlands-based company provides chips for the iPhone 6, and some analysts think it’s a supplier for the new Apple Pay app. Yet NXP’s customer base is diverse. Its top 10 customers account for less than 30% of revenue.

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