NXP Semiconductors
The Netherlands-based semiconductor manufacturer and designer NXP Semiconductors N.V. (NXP) is based in Eindhoven. Almost 31,000 employees are employed by the organization in more than 30 nations. In 2021, NXP reported $11.06 billion in revenue. On August 6, 2010, NXP, which was first separated from Philips in 2006, completed its first public offering. Shares of NXP now trade on the NASDAQ under the ticker name NXPI.
NXP Semiconductors was included in the Nasdaq-100 index on December 23, 2013. On March 2, 2015, it was revealed that NXP and Freescale Semiconductor would merge. On December 7, 2015, the transaction was finalized. It was disclosed on October 27, 2016, that Qualcomm would attempt to acquire NXP. Since Qualcomm set a deadline for the Chinese merger authorities to approve the acquisition, the attempt was essentially abandoned on July 26, 2018.
NXP Semiconductors' market capitalization as of March 2023 is $45.81 billion. NXP Semiconductors is now the 347th most valuable business in the world, according to market valuation. The most recent financial reports from NXP Semiconductors show that the company's current revenue (TTM) is $13.20 billion. The company generated $11.06 billion in revenue in 2021, a rise from $8.61 billion in revenue in 2020.
Founded: 2006
Headquarters: High Tech Campus, Eindhoven, Netherlands
Website: nxp.com