NXP Semiconductors (NASDAQ:NXPI) is a global semiconductor company headquartered in Eindhoven, the Netherlands. The company develops and supplies secure connectivity and processing solutions for automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure applications.
Its product portfolio includes microcontrollers and application processors, automotive networking and processing chips, analog and power-management devices, radio-frequency and wireless connectivity products, sensors, and embedded security solutions. NXP’s technologies are used in vehicle electrification and advanced driver-assistance systems, in-vehicle networking, industrial automation, smart-home equipment, mobile devices, and communications infrastructure.
NXP serves customers worldwide through operations and sales activities across North America, Europe, Asia, and other international markets. The company was created in 2006 when it was separated from Philips and became an independent semiconductor business. In 2015, NXP completed its acquisition of Freescale Semiconductor, expanding its capabilities in automotive, embedded processing, and networking technologies.
