Q4 gross margin was 49%, up from 46% a year earlier and in-line with guidance. NXP is forecasting a 48%-49% gross margin for seasonally weak Q1.
NXP's 17% Y/Y rev. growth was fueled by a 50% increase in portable/computing chip sales to $159M (boosted by sales of M7 motion co-processors to Apple), a 21% increase in automotive chip sales to $275M, and a 20% increase in industrial/infrastructure chip sales to $194M.
Identification chip sales (inc. NFC chips) rose 13% to $329M, and sales of standard products (analog chips) rose just 2%.