Nov 4 (Reuters) - NXP Semiconductors NV ( NXPI )

forecast fourth-quarter revenue below estimates on Monday, as it

anticipates uncertain demand and broader macroeconomic weakness

in Europe and the Americas.

Nasdaq-listed shares of NXP fell 5% in trading after the

bell.

Enterprises cutting down on spending due to budget

constraints in a sluggish economy has impacted the Eindhoven,

Netherlands-based chipmaker.

NXP provides manufacturers with chips and other technology

essential for high-speed digital processing utilized in sectors

like automotive, manufacturing, telecommunications and the

Internet of Things (IoT).

"While we experienced some strength against our expectations

in the communication infrastructure, mobile and automotive end

markets, we were confronted with increasing macro related

weakness in the industrial and IoT market," said CEO Kurt

Sievers.

The Dutch firm expects fourth-quarter revenue with a

mid-point of $3.10 billion, compared to analysts' average

estimate of $3.36 billion, according to data compiled by LSEG.

Industrial and IoT revenue fell 7% in the third quarter

ended Sept. 29, while mobile revenue was up 8%.

Revenue from the automotive segment - NXP's biggest - fell

3% to $1.83 billion.

NXP posted third quarter revenue of $3.25 billion, in line

with analyst estimates.

Chipmaker ON Semiconductor also projected

fourth-quarter revenue and profit below Wall Street estimates in

October, citing persistent soft demand for semiconductors in the

auto sector.