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NXPI, SWKS, TXN Affected Little by Apple iPhone Production Cuts

Apple's iPhone Production Cuts: Impact on Semiconductor Industry

Impact of iPhone production cuts on suppliers with diversified customer base

In the last few articles, we saw the financial impact of iPhone production cuts on small companies with large exposures to Apple (AAPL). We also saw the impact on large companies with heavy exposure in the smartphone sector and thus Apple. We’ll now look at the financial impact of the production cuts on NXP Semiconductors (NXPI), Skyworks (SWKS), and Texas Instruments (TXN). They have exposure to diverse consumer segments, including the smartphone.

NXP Semiconductors

NXP Semiconductors has a diversified customer base. Apple is just one of the many customers to which the company caters. NXP supplies NFC (near field communication) chips for the mobile payment app Apple Pay. The app is pre-installed on...