Kevin Clark on semiconductor pricing
From Aptiv PLC ($APTV) Q4 2025 Earnings Call · · Castify Earnings Call
“We're confident that we'll be able to come in at a level won't be consistent with 2026, will be higher but a level that is certainly below the 100 to 120% price increases that you're hearing thrown around today as it relates to whatever that price increase ends up being.”
On , Kevin Clark, President, Chairman & Chief Executive Officer at Aptiv PLC, spoke about semiconductor pricing during Aptiv PLC ($APTV) Q4 2025 Earnings Call on Castify Earnings Call.
About Kevin Clark
Kevin Clark, Aptiv’s chair and chief executive officer, reported record fourth-quarter revenue of $5.22 billion and full-year new business awards of $27 billion, which fell short of the company’s $31 billion target due to customer awards shifting to early 2026. He stated that the separation of the electrical distribution systems business into a new company called Versigent remains on track for April 1, 2026, and that a leadership team for the spin-off has been finalized. Clark said the company navigated changes in geopolitical trends and trade policies during 2025 and delivered earnings growth despite larger-than-anticipated foreign exchange and commodity headwinds. Clark noted that the company’s principal trade exposure is within North America, with over 95% of U.S. trade flows between the U.S. and Mexico, and that over 99% of its Mexican imports are USMCA compliant. He said Aptiv is working to mitigate tariff impacts by optimizing its supply chain, shifting manufacturing footprint, and building inventory, and that any remaining tariff amounts would be passed on to customers. Clark also stated that the company expects 2026 revenue growth to accelerate, driven by new automotive program launches and continued double-digit growth in other end markets, and that 2026 bookings for Aptiv and Versigent combined are expected to exceed $30 billion.