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Technology Stocks : NXP Semiconductor
NXPI 209.12+1.3%Oct 31 9:30 AM EST
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To: JakeStraw who wrote (34)6/16/2011 11:13:24 PM
From: Glenn Petersen   of 78
 
Some perspective:

NFC technology is seen as a growth driver for NXP, but in 2011 NFC will contribute less than 1% of its sales, CEO Richard Clemmer said in a recent interview at the company's headquarters in Eindhoven, in the South of the Netherlands. And despite an expected doubling of its contribution to sales in 2012 and 2013, Clemmer said he doubts that NFC will ever reach a double-digit share of NXP's overall sales which reached $4.4 billion in 2010.

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