Editor's note: Cypress and NXP, the well-known semiconductor companies, released the 2017 Q2 business report in late July and early August. Cypress benefits from automotive, IoT wireless connectivity and USB-C solution camps. At a record high, total revenue for the second quarter was $593.8 million, an increase of 11.6% from the previous quarter. "NXP's second quarter 2017 performance was good, with a turnover of 2.2 billion US dollars. Due to strong demand for automotive product portfolio, the automotive division's second-quarter revenue reached a record high of 938 million US dollars, up 9% year-on-year. , accounting for 42.6% of quarterly revenue.

Recently, Cypress Semiconductor Corporation announced its second quarter 2017 financial report. Total revenue for the second quarter of 2017 was $593.8 million, an increase of 11.6% from the previous quarter, which was higher than the guidance. The profit margins under GAAP (United States General Accounting Standards) and non-GAAP were 39.8% and 40.9%, respectively. GAAP and non-GAAP diluted earnings per share increased by 50% and 62%, respectively. Cars, IoT wireless connectivity and USB-C solutions have seen record revenues.

Cypress President and CEO Hassana El-khoury said: "Cypress's revenue in the second quarter hit a new high, mainly due to the three key growth of automotive, IoT wireless connectivity and USB-C. Record revenue in the field. We are still highly focused on investing in high growth end markets to drive revenue and profit growth, increase gross margins and expand our customer base."

El-Khoury said: “We have been implementing the Cypress 3.0 strategy for a year, focusing on providing embedded system solutions for target markets that are growing faster than the entire semiconductor industry. Our team has been working hard to implement this strategy and has gotten Positive response from customers, partners and employees. At present, this strategy has enabled us to continue to grow on the expected path. This is a very exciting period in Cypress history."

NXP's Q2 operating income was $2.2 billion, and the automotive division's revenue accounted for 42.6%.

NXP Semiconductors released its financial report and results for the second quarter of 2017 (as of July 2, 2017) on August.

NXP's chief executive Richard Clemmer said: "NXP's second quarter 2017 results were good, with a turnover of US$2.2 billion. As the company successfully divested its standard products business in early February, it fell 7 years. %, the ratio was flat. In the second quarter, the company's high-power mixed-signal products business revenue was 2.1 billion US dollars, up 4% year-on-year and 4% quarter-on-quarter. Due to strong demand for automotive product portfolio, the automotive division's second quarter revenues were re-created. The new high reached 938 million US dollars, up 9% year-on-year, accounting for 42.6% of quarterly revenue. Looking ahead, our products will continue to maintain good market performance and promote NXP's long-term sustainable development."

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