The Business Times

NXP Semiconductors

Companies & Markets

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

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

A model of the a 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 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

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

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

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

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