💨 Abstract

NXP Semiconductors plans to generate 8-10% of its revenue from India over the next three to five years due to growing automotive and industrial sectors, according to a senior executive. This is a response to uncertainties in sales to China due to investments in older chip production and European tariffs on Chinese electric vehicles.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io