NXP Semiconductors

"NXP" redirects here. For the airfield, see Twentynine Palms Strategic Expeditionary Landing Field.
NXP Semiconductors N.V.
Company typePublic
IndustrySemiconductors
Founded2006; 18 years ago (2006), as a Philips spin-off
HeadquartersHigh Tech Campus, Eindhoven, Netherlands
Key people
ProductsIntegrated circuits
RevenueIncrease US$13.3 billion (2023)
Decrease US$3.66 billion (2023)
Decrease US$2.82 billion (2023)
Total assetsIncrease US$24.4 billion (2023)
Total equityIncrease US$8.64 billion (2023)
Number of employees
c. 34,200 (2023)
Websitenxp.com
Footnotes / references
[1]

NXP Semiconductors N.V. (NXP for Next eXPerience) is a Dutch semiconductor manufacturing and design company with headquarters in Eindhoven, Netherlands.[2] It is the third largest European semiconductor company by market capitalization as of 2024.[3] The company employs approximately 34,000 people in more than 30 countries and it reported revenues of $13.3 billion in 2023.[4]

Originally spun off from Philips in 2006, NXP completed its initial public offering, on August 6, 2010, with shares trading on Nasdaq under the ticker symbol NXPI. On December 23, 2013, NXP Semiconductors was added to the Nasdaq-100 index.[5] In 2021 it was added to the American stock index S&P 500[6]

On March 2, 2015, it was announced that NXP would merge with Freescale Semiconductor in a transaction which would value the combined enterprise at just over $40 billion.[7] The merger was closed on December 7, 2015.[8]

On October 27, 2016, it was announced that Qualcomm would try to buy NXP for $44 billion, which at that time would have been the biggest semiconductor takeover globally.[9] However, Qualcomm cancelled the deal due in part to trade issues in China. The merger was effectively cancelled on July 26, 2018.[10]

NXP customers include Apple Inc., Dell, Ericsson and Samsung.[11]

  1. ^ "NXP Semiconductors N.V. 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. 22 February 2024.
  2. ^ "NXP Worldwide Locations| NXP Semiconductors". nxp.com. Retrieved 2023-03-29.
  3. ^ "Leading semiconductor companies in Europe in 2024, by market capitalization| NXP Semiconductors".
  4. ^ "SEC Filings - NXP Semiconductors N.V. | NXP Semiconductors".
  5. ^ "NXP Semiconductors N.V. Joins the NASDAQ-100 Index". CIOL (Press release). December 17, 2013.
  6. ^ "NXP Semiconductors to Join S&P 500 Index".
  7. ^ "NXP and Freescale Announce $40 Billion Merger" (Press release). March 1, 2015.
  8. ^ NXP Semiconductors And Freescale Semiconductor Close Merger RTTNews. Retrieved on 2015-12-13.
  9. ^ Clark, Don; Higgins, Tim (2016-10-27). "Qualcomm to buy NXP Semiconductors for $39 billion". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-10-27.
  10. ^ Obe, Mitsuru; Anzai, Akihide (2018-07-27). "China shifts blame to Qualcomm for collapse of NXP deal". Nikkei Asian Review. ISSN 2188-1413. Retrieved 2018-07-27.
  11. ^ https://finance.yahoo.com/news/analysts-bullish-nxp-semiconductors-n-041158201.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANU-nFsTrjmYIo_gxHGW_KBsTQ7-W6G8IiIAFzC8ZiB-Q4x1Dr_XSzCjf_TTvMcJX0QIegoSbuffYcyFeyrSv80Bz7XrhGqxceg3lvYToVbASFSj67NHFLqGB9231-abRbTWVJeBAeX5B8m1Y1zxIK4kuUYal3_fOpBPG7x3Vj9Q