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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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NXP Semiconductors: Cautious Optimism Driven by Auto Segment

NXP Semiconductors website view

NXP Semiconductors NV (NASDAQ: NXPI) confirms details seen in reports from Texas Instruments Inc. (NASDAQ: TXN) and On Semiconductor Corp. (NASDAQ: ON). The news from NXP is better than Texas Instruments, and includes outperformance and an increase in guidance supported by company diversification

NXP Semiconductors, like Onsemi, has excellent exposure to the automobile industry, sustaining operations while other markets correct. Because the auto demand centers on electrification and self-driving capability, it should not slow down soon. Eventually, consumer demand will return, reaccelerating business for NXP Semiconductors. Between then and now, NXP Semiconductors has positioned itself to outperform its peers (and pays a nice 2.45% dividend). 

NXP Semiconductors isn’t the only semiconductor stock paying a dividend, but it is among the more attractive and offers some value. Texas Instruments pays a better yield but offered a bleak forecast. Shares are moving lower, which is part of why it has a better yield.

Broadcom also has a better yield but trades at a higher multiple and doesn’t have the same exposure to automobiles. The payout from NXP Semiconductors has a yield near 2.5% and well above the broad market average. It comes with a good growth outlook. NXP doesn’t have a long history of distribution increases. Still, in the four years it has increased the payout, balance sheet and 23% payout ratio says the company will continue raising the distribution for the foreseeable future. 

NXP Semiconductors Moves Higher on Mixed Results 

NXP Semiconductors had a mixed quarter regarding segment performance and growth, but the results beat the MarketBeat consensus and have the shares moving higher. The company reported $3.12 billion in revenue, which is down slightly compared to last year, but it beat consensus by 420 basis points. The automobile segment drove the strength almost entirely, which grew by 17%, but communications helped with a 7% increase. The industrial and mobile segments were the weak links in the chain, declining by 26% and 35%, and they may not bounce back this year. 

The margin news is also mixed but ultimately favorable to share prices. The gross margin expanded but was offset by increased SG&A and R&D expenses. This left the adjusted earnings down compared to last year but 560 bps above consensus to outpace the topline strength by more than 150 bps. The good news in the report, the news that may keep this stock moving higher, is the guidance. The company issued guidance for the second quarter that is above consensus on the top and bottom lines, suggesting the full-year estimates are significantly off. 

“Solid first-quarter results, guidance for the second quarter, and our early views into the second half of the year underpin a cautious optimism that NXP is successfully navigating through the cyclical downturn in our consumer-exposed businesses, while we see continued strength in our automotive and core-industrial businesses,” said Kurt Sievers, NXP president and chief executive officer.

The Technical Outlook: Ready to Spring Higher 

NXP Semiconductors is up more than 3% following the first quarter results and confirms support at the bottom of a trading range. The stock may move upward within the range, but there are hurdles to cross. The first is near $200 — the critical line. If the market cannot move above this level, it will remain range bound at current levels. However, if it can move above $200, it could move up to retest the top of a larger range near $230. 

NXPI chart on MarketBeat

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