NXP Semiconductors

The deal will expand STMicro’s portfolio of Mems sensors, which includes automotive safety products as well as sensors for industrial applications.

STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million

Purchase price consists of US$900 million to be paid upfront, and US$50 million to be paid subject to the achievement of technical milestones

NXP gets more than half of its revenue from the automotive industry, where decreased demand for electric vehicles outside of China has hurt growth.

Telcos, Media & Tech

NXP gives disappointing sales forecast as chip slump persists

NXP and its peers have been struggling with a stubborn glut of chips that help power electric cars and manufacturing operations

A model of the NXP-VIS joint venture's 300mm semiconductor wafer manufacturing facility during its groundbreaking ceremony in Singapore on Wednesday (Dec 4).

Telcos, Media & Tech

NXP, TSMC affiliate plan to expand US$7.8 billion Singapore plant

NXP Semiconductors and a Taiwan Semiconductor Manufacturing Co (TSMC) affiliate are discussing an expansion of their US$7.8 billion Singapore venture, recognising a need to diversify chip production i...

NXP Semiconductors is in talks with the automotive sector and other industries in India, where it has four semiconductor design centres, with about 3,000 employees.

Telcos, Media & Tech

NXP Semiconductors to invest more than US$1 billion in India as it boosts R&D efforts

NXP Semiconductors will invest over US$1 billion in India, doubling its research and development efforts, the Dutch company’s CEO said on Wednesday (Sep 11), joining global names betting on a country ...

ESIA said chip policy under the incoming EU Commission should feature fewer export restrictions, focus on areas where European companies already had advantages, and that aid should be awarded more quickly.

Telcos, Media & Tech

Semiconductor body calls for EU ‘Chips Envoy’, more support

EUROPE’S main computer chip industry group ESIA called on the European Union on Monday (Sep 2) to speed up aid, draw up a revamped “Chips Act 2.0” support package and name an envoy to champion the sec...

China is both the largest producer and the world’s biggest market for EVs, yet the manufacturers mostly rely on foreign companies for the multiple chips that modern high-end cars require.

Transport & Logistics

Europe’s auto chipmakers have a deepening China habit

AS ADVANCED semiconductor companies in the US and allied countries pull back from China, a less glamorous sector of the chip market is turning even more to the world’s second-biggest economy.

By 2029, the factory is expected to produce 55,000 300 mm wafers per month and supply proportional capacity to its two equity partners.

Global Enterprise

NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant

Taiwan’s Vanguard International Semiconductor Corp will invest US$2.4 billion for a 60% stake, while NXP will invest US$1.6 billion and hold 40%

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News