More on JPMorgan's NXP (NXPI +6.9%) report: Analyst Harlan Sur writes NXP has two iPhone 5...

|About: NXP Semiconductors (NXPI)|By:, SA News Editor
More on JPMorgan's NXP (NXPI +6.9%) report: Analyst Harlan Sur writes NXP has two iPhone 5 design wins - it's providing an interface chip for Apple's new Lightning connector to go with the display interface chip mentioned in iSuppli's teardown. Sur thinks each win should produce $200M-$250M in revenue over a 3-year period, and that the chipmaker's Q3 and Q4 estimates have little or no downside risk. But he still rates NXP a Neutral.