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But the company is also spending heavily to meet demand. Even with more revenue expected for the fourth quarter, its profit guidance — between billion and .5 billion — is lower than the .3 billion it reported in net income for the third quarter.
But the company's donation is a "particularly valuable one" as the rapid spread of COVID-19 sparks a global race to purchase masks, according to The Globe and Mail.
But the Dutch company is focusing on installing more electronics into individual cars, and NXP sees huge opportunities with vehicles getting increasingly smarter and electrified.
But with the winds of change, the company has joined the automation bandwagon. Zhang Xiaoquan, named after its eponymous founder, has been investing heavily in the automation of its manufacturing process so as to increase productivity. The company is currently preparing for an initial public offering to further expand its presence in the global markets.
But there could be a silver lining to all of this negativity. If it leads to greater efforts to reskill and reshape the workforce to better adapt to change, then this is exactly what is required. Ironically, it could well be this pessimism that produces the preparedness needed to ensure that, ultimately, the pessimism was unfounded.
来源：资阳报