NXP Semi hints Apple’s iPhone might keep defying China smartphone slump

NXP CEO Kurt Sievers said that China’s smartphone market is still struggling, but that chip orders from one major non-Android customer are still strong. NXP makes NFC chips that go into smartphones, and analysts believe Apple is a major customer.
Apple’s flagship iPhone 14 Pro Max
Stephen Nellis for Reuters:Sievers’ comments in an interview with Reuters came a day after the company gave a better-than-expected sales forecast based on a steady recovery in the automotive segment,