1、 1 NXP Semiconductors Reports First Quarter 2025 Results Announces Management Transition EINDHOVEN,The Netherlands,April 28,2025 NXP Semiconductors N.V.(NASDAQ:NXPI)today reported financial results for the first quarter,which ended March 30,2025.“NXP delivered quarterly revenue of$2.84 billion,in-li

2、ne with the midpoint of guidance.NXPs first-quarter results and guidance for the second quarter underpin a cautious optimism that NXP continues to effectively navigate through a challenging set of market conditions.We are operating in a very uncertain environment influenced by tariffs with volatile

3、direct and indirect effects.Considering these external factors,we are redoubling our efforts to manage what is in our direct control,enabling NXP to drive solid profitability and earnings,”said Kurt Sievers,NXP President and Chief Executive Officer.The company announced that Mr.Sievers has informed

4、the Board of Directors of his intention to retire from NXP at the end of 2025.“Kurt has been a dynamic,visionary,and highly effective CEO of NXP since May 2020,”said Julie Southern,NXPs Chair of the Board of Directors.“He has been instrumental in leading the definition and implementation of NXPs str

5、ategy to be the leader in intelligent systems at the edge within the Automotive and Industrial&IoT end markets.After a successful 30-year career with NXP,we are saddened to see Kurt retire.We and the entire NXP community thank him for his leadership and wish him the absolute best in his retirement.”

6、Following a comprehensive and thorough succession planning process,NXPs Board of Directors announced that it has unanimously approved Mr.Rafael Sotomayor to succeed Mr.Sievers as President,effective April 28,2025.Messrs.Sievers and Sotomayor will work closely to orchestrate a smooth leadership trans