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NXP Semiconductors information


NXP Semiconductors N.V.
Company typePublic
Traded as
  • Nasdaq: NXPI
  • Nasdaq-100 component
  • S&P 500 component
IndustrySemiconductors
Founded2006; 18 years ago (2006), as a Philips spin-off
HeadquartersHigh Tech Campus, Eindhoven, Netherlands
Key people
  • Peter Bonfield (chairman)
  • Kurt Sievers (president and CEO)
ProductsIntegrated circuits
RevenueIncrease US$13.3 billion (2023)
Operating income
Decrease US$3.66 billion (2023)
Net income
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) is a Dutch semiconductor designer and manufacturer with headquarters in Eindhoven, Netherlands.[2] The company employs approximately 34,000 people in more than 30 countries. NXP reported revenue of $13.3 billion in 2023.[3]

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.[4] On March 2, 2015, it was announced that NXP would merge with Freescale Semiconductor.[5] The merger was closed on December 7, 2015.[6] On October 27, 2016, it was announced that Qualcomm would try to buy NXP.[7] However, Qualcomm cancelled the deal due in part to trade issues in China. The merger was effectively cancelled on July 26, 2018.[8]

  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. ^ "SEC Filings - NXP Semiconductors N.V. | NXP Semiconductors".
  4. ^ "NXP Semiconductors N.V. Joins the NASDAQ-100 Index". CIOL (Press release). December 17, 2013.
  5. ^ "NXP and Freescale Announce $40 Billion Merger" (Press release). March 1, 2015.
  6. ^ NXP Semiconductors And Freescale Semiconductor Close Merger RTTNews. Retrieved on 2015-12-13.
  7. ^ 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.
  8. ^ 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.

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