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NXP Semiconductors N.V. - NXPI STOCK NEWS

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NXP Semiconductors N.V. (NASDAQ: NXPI) is a global leader in secure connectivity solutions, driving innovation across various industries. With expertise in high-performance mixed-signal electronics, NXP provides solutions for the automotive, industrial, Internet of Things (IoT), mobile, and communication infrastructure markets. The company is recognized for its significant market share in the automotive sector, supplying microcontrollers and analog chips for automotive clusters, powertrains, infotainment systems, and radars.

Founded in 2006 and headquartered in Eindhoven, Netherlands, NXP operates in over 30 countries with approximately 34,200 employees. In 2023, NXP posted impressive revenue of $13.28 billion, demonstrating strong financial performance and resilience in a challenging semiconductor market environment.

In 2015, NXP acquired Freescale Semiconductor, bolstering its market position and expanding its product portfolio. The company focuses on four mega trends driving the electronics industry: energy efficiency, connected devices, security, and health. These trends influence NXP’s development of cutting-edge technologies for connected cars, secure devices, portable and wearable electronics, and IoT applications.

Recent achievements include the unveiling of the first ion-trap-based quantum computer demonstrator made entirely in Germany, through a partnership with eleQtron and ParityQC as part of the DLR Quantum Computing Initiative. This technology aims to tackle complex problems in climate modeling, global logistics, and materials sciences.

NXP also collaborates with ZF Friedrichshafen AG on next-generation SiC-based traction inverter solutions for electric vehicles (EVs), enhancing EV performance and sustainability. These solutions leverage NXP’s advanced GD316x high-voltage isolated gate drivers, designed to extend EV range and reduce charging stops.

Furthermore, NXP announced a joint venture with Vanguard International Semiconductor Corporation to build a new 300mm semiconductor wafer manufacturing facility in Singapore. This facility will support automotive, industrial, consumer, and mobile markets, increasing production capacity and creating approximately 1,500 jobs by 2027.

Beyond financial success, NXP is committed to sustainability, digital sovereignty, and innovation. The company operates with a hybrid manufacturing strategy to ensure competitive cost, supply control, and geographic resilience. NXP’s ongoing investments and collaborations continue to solidify its position as a key player in the global semiconductor industry.

Find out more at NXP's website.

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NXP Semiconductors N.V. (NASDAQ: NXPI) announced the extension of its automotive radar one-chip family, the new SAF86xx, designed to deliver a seamless transition path from today’s smart sensors to future streaming sensors. The highly integrated radar SoC is intended for streaming rich low-level radar sensor data at up to 1 Gbit/s, providing extended detection range beyond 300 m and more reliable detection of small objects like curb stones, cyclists, and pedestrians. The new radar one-chip is set to support NCAP safety functions, advanced ADAS, and autonomous driving applications, and is now sampling for alpha customers.
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NXP Semiconductors (NXPI) announced the Trimension NCJ29D6B, a single-chip Ultra-Wideband (UWB) solution for secure car access, delivering improved performance, reduced cost, and higher security compared to previous generations. The chip is expected to be on the road by 2025, selected by major OEMs. The new UWB device aims to address multiple use cases with a single system, including secure car access, child presence detection, intrusion alert, and gesture recognition, enabling OEMs to eliminate redundant systems and reduce cost, space, and weight.
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Mixel® Inc. (Mixel) celebrates its 25-year anniversary as a leading provider of mixed-signal intellectual property (IP) with a global customer base. Mixel's MIPI® PHY IPs have been integrated into thousands of products, with key partnerships and contributions to the MIPI Alliance. The company's growth is exemplified by its branch in Cairo, Egypt, and its substantial impact on various industries, including mobile platforms, automotive, IoT, VR/AR/MR, and wearables.
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NXP Semiconductors N.V. (NASDAQ: NXPI) has announced the approval of an interim dividend payment as part of its capital return program. The board of directors has approved an interim dividend of $1.014 per ordinary share for the fourth quarter of 2023, reflecting the company's confidence in its ability to drive long-term growth and strong cash flow. The dividend will be paid in cash on January 5, 2023, to shareholders of record as of December 13, 2023. Dutch dividend withholding tax at a rate of 15 percent will apply to cash dividends, with potential reduction in certain circumstances for non-Dutch resident shareholders.
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NXP Semiconductors expands its S32 vehicle compute platform with the introduction of the S32M2, a motor control solution optimized for efficiency improvement across vehicle applications. The S32M2 simplifies and optimizes motor control of body and comfort applications, reducing in-cabin noise and enhancing occupant comfort. It enables OEMs to accelerate time-to-market and reduce costs compared to discrete motor control implementations. The S32M2 combines advanced compute with MOSFET gate drivers, physical layer interfaces, and a built-in voltage regulator directly from the vehicle’s battery. It is supported with different memory options and certified to ISO 26262 for functional safety.
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NXP Semiconductors reported Q3 2023 revenue of $3.43 billion, slightly above guidance. Revenue in Mobile, Industrial & IoT, and Automotive end-markets performed well, while Communication Infrastructure & Other was slightly below expectations. Full-year 2023 revenue is expected to be flat compared to 2022. NXP executed capital return policy with $262 million in cash dividends and $306 million in share repurchases. The company also announced joint ventures to advance the adoption of RISC-V and provide semiconductor manufacturing services in Germany. NXP is strengthening its European R&D through grants for various innovative projects.
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NXP Semiconductors invests in Zendar Inc. to advance high-resolution radar systems for autonomous driving and ADAS. Zendar's Distributed Aperture Radar (DAR) solution improves angular resolution and offers lidar-like performance. The investment aims to strengthen NXP's position in the automotive radar market and improve road safety. The radar solutions will be based on NXP's S32R radar processor platform and RFCMOS SAF8x one-chip SoCs. DAR technology enables high-angular resolution below 0.5 degrees, while conventional radar operates between 2 and 4 degrees.
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NXP Semiconductors invests in Zendar Inc. to advance high-resolution radar systems for autonomous driving and ADAS. The collaboration aims to improve radar solutions by leveraging Zendar's Distributed Aperture Radar (DAR) technology. DAR offers lidar-like performance and enhances angular resolution. The radar solutions will be based on NXP's S32R radar processor platform and RFCMOS SAF8x one-chip SoCs. The partnership will simplify system solutions, reduce complexity, and offer a smaller radar footprint for car OEMs and Tier 1 suppliers.
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NXP Semiconductors N.V. to release Q3 2023 financial results and host conference call
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NXP Semiconductors receives supplier awards from DENSO and Hyundai Motor Group, as well as an innovation award from BMW Group for its digital car key solution.
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FAQ

What is the current stock price of NXP Semiconductors N.V. (NXPI)?

The current stock price of NXP Semiconductors N.V. (NXPI) is $226.38 as of November 22, 2024.

What is the market cap of NXP Semiconductors N.V. (NXPI)?

The market cap of NXP Semiconductors N.V. (NXPI) is approximately 57.1B.

What does NXP Semiconductors N.V. specialize in?

NXP Semiconductors specializes in secure connectivity solutions for automotive, industrial, IoT, mobile, and communication infrastructure markets.

Where is NXP Semiconductors headquartered?

NXP Semiconductors is headquartered in Eindhoven, Netherlands.

What was NXP's revenue in 2023?

NXP Semiconductors posted a revenue of $13.28 billion in 2023.

Who did NXP acquire in 2015?

NXP Semiconductors acquired Freescale Semiconductor in 2015.

What are the four mega trends driving the electronics industry?

The four mega trends are energy efficiency, connected devices, security, and health.

What recent achievement did NXP accomplish in quantum computing?

NXP, in collaboration with eleQtron and ParityQC, revealed the first ion-trap-based quantum computer demonstrator made entirely in Germany.

What is the significance of NXP's collaboration with ZF Friedrichshafen AG?

The collaboration aims to develop next-generation SiC-based traction inverter solutions to improve EV performance and sustainability.

What is the VisionPower Semiconductor Manufacturing Company Pte Ltd?

It is a joint venture between NXP and Vanguard International Semiconductor Corporation to build a 300mm semiconductor wafer manufacturing facility in Singapore.

How many employees does NXP have?

NXP Semiconductors has approximately 34,200 employees.

What is NXP's approach to manufacturing strategy?

NXP employs a hybrid manufacturing strategy to ensure competitive cost, supply control, and geographic resilience.

NXP Semiconductors N.V.

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3.53%
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