NXP's first quarter revenue by business segment

In the first quarter of 2024, NXP's automotive chip revenue fell 1% year-on-year and 5% month-on-month to $1.804 billion. Industrial and IoT chip revenue increased 14% year-on-year and fell 13% month-on-month to $574 million. Mobile chip revenue increased 34% year-on-year and fell 14% month-on-month to $349 million. Revenue from communications infrastructure and other products fell 25% year-on-year and 12% month-on-month to $399 million.