Latest news, according to reports, the Dutch union has announced that Dutch employees of chip manufacturer NXP will go on strike on March 12th, demanding a 9% salary increase!

The union stated that workers at NXP's Nijmegen factory in the eastern Netherlands will hold a 24-hour strike. If NXP cannot meet the demands of the workers, other factories may also take similar actions. It is reported that employees of NXP are requesting a 9% salary increase and bonus, while the company only offers a 2.5% salary increase.

NXP Semiconductor Company announced strong fourth quarter earnings in early February, exceeding Wall Street's forecasts for profits and revenue. This increase is enough to drive the company's stock price higher in post market trading, although the guidance provided by the company for this quarter is mixed, investors are still optimistic about its prospects. In the fiscal year 2023, NXP achieved a net profit of 2.79 billion US dollars, with a slight increase of 1% in total revenue, reaching 13.28 billion US dollars.

Enzhipu President and CEO Kurt stated that the company's performance was above the midpoint of its own guidance range, ending the year's "steady performance", reflecting its strong execution power and stable gross profit margin. The CEO said, "We are achieving a soft landing by managing our control area, particularly by limiting excessive product delivery to customers."

According to data, like most chip manufacturers, NXP sells a wide range of processor product combinations to customers in different industries, but its most famous is its automotive chips, which support all devices from in car infotainment systems to tire pressure monitoring systems and vehicle to vehicle communication. Its other businesses include chips for identification, wired and wireless infrastructure, consumer, mobile, and computing applications.

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