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ted the sale of an 80 1 percent stake in philips semiconductors to a consortium of private equity investors consisting of kkr bain capital silver lake partners apax partners and alpinvest partners 18 19 the new company name nxp from next experience was announced on 31 august 2006 20 21 and the company was officially launched during the internationale funkausstellung ifa consumer electronics show in berlin the newly independent nxp was ranked as one of the world s top 10 semiconductor companies 22 in february 2007 nxp announced that it would acquire silicon laboratories aerofone single chip phone and power amplifier product lines to strengthen its mobile and personal business in exchange for 285 million in cash 23 24 the next year nxp announced that it would transform its mobile and personal business unit into a joint venture with stmicroelectronics 25 in 2009 following st s purchase of nxp s 20 percent stake this business unit became st ericsson which was itself a 50 50 joint venture of ericsson mobile platforms and stmicroelectronics 26 in april 2008 nxp announced it would acquire the set top box business of conexant to complement its existing home business unit 27 28 in september 2008 nxp announced that it would restructure its manufacturing r d and back office operations resulting in 4 500 job cuts worldwide 29 in october 2009 nxp announced that it would sell its home business unit to trident microsystems 30 nxp was the co inventor of near field communication nfc technology along with sony and inside secure and had supplied nfc chip sets that enables mobile phones to be used to pay for goods and store and exchange data securely 31 nxp manufactures such chips for egovernment applications such as electronic passports rfid tags and labels and transport and access management with the chip set and contactless card for mifare used by many major public transit systems worldwide 32 2010s edit on 26 july 2010 nxp announced the acquisition of the british rf specialist jennic 33 one month late nxp announced its initial public offering on the nasdaq which involved 34 million shares priced at 14 each 34 in december 2010 nxp announced that the pending sale of its sound solutions business to knowles electronics part of dover corporation for 855 million in cash 35 36 in april 2012 nxp announced its intent to acquire electronic design consultancy catena to work on automotive applications 37 three months later nxp sold its high speed data converter assets to integrated device technology 38 during 2012 revenue for nxp s identification business unit reached 986 million a 41 percent rise from 2011 which was partially attributed to the growing sales of nfc chips and secure elements 39 on 4 january 2013 nxp and cisco announced their investment in cohda wireless an australian company focused on car to car and car to infrastructure communications 40 that same month nxp announced it would enact between 700 and 900 redundancies worldwide in an effort to cut costs related to support services 41 in may 2013 nxp announced that it acquired code red technologies a provider of embedded software development such as the lpcxpresso ide and red suite 42 on 23 december 2013 nxp semiconductors was added to the nasdaq 100 index 43 in july 2014 nxp reported to have terminated the employment of union organizers 44 and a campaign was started for their reinstatement 45 one year later a joint venture with the beijing jianguang asset management co ltd was registered in shanghai china under the name ween semiconductors 46 ween semiconductors has been involved in the production of bipolar and sic power semiconductors triacs and igbt modules 47 in march 2015 a merger agreement was announced between nxp and freescale semiconductor on 14 june 2016 it was announced that nexperia would be divested from nxp to a consortium of financial investors consisting of beijing jianguang asset management co ltd jac capital and wise road capital ltd wise road capital 48 prior to the divestiture of nexperia 49 nxp has been a volume supplier of discrete and standard logic devices celebrating its 50 years in logic via its history as both signetics and philips semiconductors in march 2012 50 freescale semiconductors in march 2015 a merger agreement was announced through which nxp would merge with competitor freescale semiconductor 51 52 as part of the merger nxp s rf power activities were sold to jac capital for us 1 8 billion and rebranded as ampleon in a transaction closed in november 2015 53 both nxp and freescale had deep roots stretching back to when they were part of philips nxp and motorola freescale respectively 54 both had similar revenue us 4 8 billion and us 4 2 billion in 2013 for nxp and freescale respectively with nxp primarily focusing on near field communication nfc and high performance mixed signal hpms hardware and freescale focusing on its microprocessor and microcontroller businesses and both companies possessing roughly equal patent portfolios 55 on 7 december 2015 nxp completed the merger with freescale semiconductor the merged company continued its operation as nxp semiconductors n v 56 57 on 27 october 2016 it was announced that qualcomm would attempt to buy nxp for 44 billion which at that time would have been the biggest semiconductor takeover globally 58 59 in april 2017 qualcomm received approval from u s antitrust regulators for the acquisition of nxp for 47 billion 60 the acquisition still required the approval of chinese authorities thus qualcomm refiled an antitrust application and request to purchase with the chinese ministry of commerce 61 however qualcomm subsequently chose to cancel the acquisition entirely on 26 july 2018 62 63 in order to protect against potential hackers nxp offers gateways to automotive manufacturers that prevent communication with every network within a car independently 64 the i mx 8 was announced in early 2017 based around three products all versions includes one or two cortex a72 cpu cores and all versions includes two cortex m4f cpu cores 65 66 in september 2018 nxp announced that it acquired omniphy a provider of automotive ethernet subsystem technology 67 68 on 6 december 2019 nxp announced the completion of the acquisition of the wireless connectivity assets from marvell technology 69 during 2019 nxp acquired the wireless connectivity assets of marvell technology 2020s edit on 18 june 2020 nxp announced hovergames challenge 2 help drones help others 70 one month later nxp delivered secure and scalable edge connected platforms based on its i mx rt crossover processors and wi fi bluetooth solutions 71 in 2021 nxp was added to the s p 500 stock index 72 on 5 january 2023 nxp introduced industry first 28 nm rfcmos radar one chip for safety critical advanced driver assistance system adas applications with denso leveraging it to build advanced adas platforms 73 nxp and foxconn opened a joint laboratory in december 2023 in the foxconn nankan facility in taiwan marking a new milestone in the companies strategic collaboration for software defined electric vehicle development 74 leadership edit nxp s first ceo was frans van houten he was succeeded by richard l clemmer on 1 january 2009 75 from may 2020 until 2025 kurt sievers served as president and ceo 76 77 78 rafael sotomayor took over as president in april 2025 and then as ceo in october 2025 79 80 81 worldwide sites edit nxp headquarters in eindhoven netherlands july 2011 nxp semiconductors is headquartered in eindhoven netherlands and has numerous international locations 82 wafer fabs edit chandler arizona united states austin texas united states nijmegen netherlands singapore ssmc r d edit nxp nijmegen eindhoven hq nijmegen san jose california austin texas chandler arizona san diego novi michigan kanata ontario gratkorn milan catania leuven delft brno rožnov pod radhoštěm bucharest caen nxp hamburg germany hq mougins toulouse grenoble sophia antipolis dresden hamburg munich southampton glasgow yokneam illit bengaluru pune hyderabad noida test and assembly edit bangkok thailand kaohsiung taiwan petaling jaya malaysia tianjin china sales edit san jose california san diego novi michigan irvine california woburn massachusetts guadalajara kanata ontario beijing hong kong tokyo singapore seoul paris sindelfingen joint ventures edit vsmc european semiconductor manufacturing company esmc systems on silicon manufacturing company ssmc pte ltd 61 datang nxp semiconductors co ltd 49 advanced semiconductor manufacturing co ltd 27 cohda wireless pty ltd 23 controversies edit in march 2013 nxp locked out workers at its plant in bangkok thailand due to stalled negotiations over a new work schedule with their trade union which was affiliated with the confederation of thai electrical appliances electronic automobile metalworkers team management then called in small groups of workers asked them if they agreed with the union s demands and told them to leave if they did they were not able to enter the factory the next day in response team staged protests outside the factory and on march 13 outside the dutch embassy and also filed a complaint with the national human right commission on april 29 mediation by the ministry of labour led to the signing of a memorandum that passed the decision over the work schedule to the labour relations committee the committee decided on june 20 that the new work schedule did not violate thai labour law however the national human rights committee decided otherwise and recommended the factory should revert to the old schedule nxp continues to demand regular 12 hour shifts 83 in may 2014 the company fired 24 workers at its plant in the special economic zone in cabuyao the philippines the workers were all officials of a trade union affiliated with the metal workers alliance of the philippines mwap reports said they were fired due to their union functions in negotiations for a new collective bargaining agreement factory owners claimed the workers were fired after refusing to work on 9 april while workers said they had not been paid for two months 84 industriall and its affiliated unions in the philippines condemned the dismissals 85 86 in september mwap and nxp reached an agreement by which 12 of the fired workers were reinstated and the other 12 received separation packages nxp also committed itself to a long term wage increase 87 in the summer of 2015 a member of the dutch parliament questioned trade minister lilianne ploumen regarding nxp s behaviour 88 see also edit nxp mifare contactless smart cards and proximity cards nxp lpc microcontrollers nxp qoriq microprocessors nxp greenchip references edit nxp semiconductors n v 2025 form 10 k annual report u s securities and exchange commission 19 february 2026 nxp worldwide locations nxp semiconductors retrieved 29 march 2023 top european semiconductor companies by market cap 2025 statista retrieved 24 march 2026 nxp semiconductors reports fourth quarter and full year 2024 results nxp semiconductors afzal maleha 24 september 2024 analysts bullish on nxp semiconductors n v nxpi with 24 upside yahoo finance 1 2 3 davids mila verbong geert 13 december 2011 intraorganizational alignment and innovation processes philips and transistor technology cambridge university press 1 2 history of philips semiconductors in nijmegen nem nijmegen u s philips trust seeks signetics the new york times 7 march 1975 guide to the don liddie papers on signetics pdf computer history museum archived from the original pdf on 11 may 2013 retrieved 2 february 2013 philips is world no 2 in semiconductors electronicsweekly com 28 april 2009 retrieved 27 may 2011 chip battle grows in europe the new york times 11 may 1987 retrieved 27 may 2011 nexperia spins out itec equipment arm bits chips 6 july 2021 archived from the original on 10 december 2023 retrieved 10 december 2023 philips malaysian investment development authority archived from the original on 10 december 2023 retrieved 10 december 2023 philips in 1 billion deal for vlsi technology the new york times 4 may 1999 retrieved 27 may 2011 cullen drew 26 february 1999 philips stalks vlsi with takeover proposal the register philips targets end 06 for chips unit ipo or merger ee times 21 june 2006 archived from the original on 14 march 2012 retrieved 27 may 2011 lohr steve 1 september 2006 new name and strategy for chip division at philips the new york times issn 0362 4331 archived from the original on 2023 12 10 retrieved 10 december 2023 kkr bain sell nxp in initial offering at 46 discount to lbo bloomberg news 6 august 2010 retrieved 27 may 2011 nxp hits the ground running forbes 1 september 2006 retrieved 27 may 2011 philips semiconductors to become nxp ee times 31 august 2006 retrieved 27 may 2011 philips semiconductor changes name to nxp infoworld com 1 september 2006 norton kate 2 august 2006 what are kkr s plans for philips semi businessweek archived from the original on 2008 04 23 retrieved 27 may 2011 nxp pays 285 million for silicon labs cellular unit ee times 8 february 2007 retrieved 28 may 2011 walko john 8 february 2007 nxp to pay 285 million for silicon labs cellular unit informationweek com st and nxp combine to enter wireless market epdtonthenet net 16 september 2008 glen 17 february 2009 csr sirf merger pairs struggling bluetooth and gps powerhouses and shows handset platform dominance inside gnss archived from the original on 27 may 2019 retrieved 27 may 2019 screen printing software shopworx com nxp to acquire conexant s set top box business ee times 28 april 2008 retrieved 29 may 2011 update 2 nxp restructures affects 4 500 jobs costs 800 mln reuters 12 september 2008 retrieved 29 may 2011 nxp sells digital tv chip business takes stake in trident electronics weekly 5 october 2009 retrieved 29 may 2011 nxp says demand for nfc chips to soar reuters 19 may 2011 retrieved 28 may 2011 nxp consolidates no 1 position in worldwide id market ecn europe 4 august 2011 archived from the original on 2 april 2012 retrieved 12 november 2011 nxp buys jennic boosts short range rf portfolio ee times 26 july 2010 retrieved 2 july 2011 nxp announces pricing of its initial public offering nxp semiconductors nxp to sell off sound solutions business electronics weekly 22 december 2010 retrieved 31 may 2011 dover corporation completes acquisition of sound solutions from nxp semiconductors n v reuters 5 july 2011 archived from the original on 2012 10 18 retrieved 5 july 2011 nxp buys dutch design house for automotive thrust ee times 4 april 2012 retrieved 4 may 2012 idt buys nxp s data converter assets ee times 19 july 2012 retrieved 2 february 2013 nxp ceo we know we re going to have more competition nfc times 31 january 2013 retrieved 4 february 2013 cisco nxp place bet on connected car company wall street journal 4 january 2013 retrieved 1 february 2013 nxp plans to cut 700 to 900 jobs worldwide computerworld 14 january 2013 retrieved 22 january 2013 nxp acquires code red technologies nxp se...