NXP Semiconductors Announces Third Quarter 2009 Results

EINDHOVEN, The Netherlands – NXP Semiconductors today announced third quarter sales of USD 1,034 million, a comparable increase of 19.2% and a nominal increase of 20.7% from the second quarter of 2009. While the effects of the economic and financial crisis continue to have an impact on the industry, the increase in sales on a sequential basis was visible across all business segments and regions.

Home Segment

Sales for the 3rd quarter of 2009 were USD 217 million compared to USD 212 million in the same quarter in 2008, a nominal sales increase of 2.4%. On a comparable basis, sales declined by 2.9%, mainly due to the general economic downturn, and in the analog TV market.

On a sequential basis, sales increased to USD 217 million in the 3rd quarter of 2009 from USD 181 million in the 2nd quarter of 2009. This resulted in a nominal increase of 19.9%, an increase of 19.5% on a comparable basis. The increase in sales is largely attributable to the replenishment of the supply chain.

Subsequent events

On October 5, 2009, we announced the agreement with Trident Microsystems, Inc. (“Trident”) whereby Trident will acquire our television systems and set-top box business lines. The transaction is expected to close in the first calendar quarter of 2010, and is subject to the approval of the stockholders of Trident, consultations with employee representatives in certain jurisdictions and other customary closing conditions, including regulatory approvals.

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