NXP Semiconductors NV ((NASDAQ:NXPI)), formerly known as Philips Semiconductors, was founded by the Dutch company Philips more than 50 years ago. It was independent on August 31, 2006 and named KASLION Acquisition BV. It was changed to KASLION Acquisition BV in May 2010. Current name, headquartered in Eindhoven, the Netherlands, with 40,400 full-time employees, is the world’s leading semiconductor chip company.
NXP Semiconductors (NXPI):
The predecessor of NXP Semiconductors NXP was a branch established by Philips half a century ago, specializing in the development of semiconductors. In the 1980s, Philips became the world’s largest semiconductor manufacturer with NXP at that time. In 2006, Philips sold its semiconductor branch to KASLION Acquisition BV, a consortium composed of several Dutch investors, and NXP was separated from Philips. Currently, NXP can provide semiconductors, system solutions and software for use in TVs, set-top boxes, smart identification applications, mobile phones, automobiles, and other electronic devices.
After separating from Philips, NXP focuses on the following markets:
- Intelligent Recognition
- vehicle electronics
- family entertainment
- Multimarket Semiconductor
- NXP Software
March 3, 2015, NXP Semiconductors to 16.7 billion dollars in cash and stock to acquire companies with Freescale (Freescale) (the latter including debt). The combined new company will have a market value of more than 40 billion U.S. dollars and will become the leader in the automotive and industrial semiconductor markets.
After the merger, NXP will be among the top ten semiconductor manufacturers in the world due to the expansion of its revenue; if TSMC (TSMC), which focuses on foundry, and Micron ( Micron ) and SK Hynix ( SK Hynix) Ignoring, NXP has the strength to challenge the top five semiconductor manufacturers in the world.