Nexperia Reflects on 2023: Strong Automotive Growth, Sustainability Progress, and Continued Innovation
We experienced a slight decrease in revenue compared to 2022, reflecting a challenging year for the semiconductor industry. Despite weak market demand, the continued growth of our automotive segment, significant ESG achievements, and increased R&D investments are paving the way for future growth.
We’re proud to highlight:
• Securing an $800 million Sustainability-Linked Loan to support carbon neutrality goals.
• Upcoming release of our second ESG report.
• Being Awarded a Gold Medal by EcoVadis, placing us among the top 5% of companies in our industry.
Innovation remains core to our strategy. We’re heavily investing in R&D, to upgrade and expand our product portfolio in Power Discretes, Modules, Analog & Power ICs, to drive a greener and more sustainable future. The longer-term outlook remains strongly positive given the essential role of semiconductors in the global megatrends of electrification, digitalization, automation, and green energy transition.
#financialresults #sustainabilitymatters #
Read the full press release 👇 https://www.nexperia.com/about/news-events/press-releases/Nexperia-announces-2023-financial-results
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