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NXP Semiconductors N.V. Is a global semiconductor manufacturer headquartered in Eindhoven, Netherlands. The company employs approximately 45,000 people in more than 35 countries, including 11,200 engineers in 23 countries. NXP reported revenue of $6.1 billion in 2015, including one month of revenue contribution from recently acquired Freescale Semiconductor.NXP is currently the fifth-largest non-memory semiconductor supplier globally, and the leading semiconductor supplier for the Secure Identification, Automotive and Digital Networking industries. The company was founded in 1953, with manufacturing and development in Nijmegen, Netherlands. Known then as Philips Semiconductors, the company was sold to a consortium of private equity investors in 2006, at which point the company's name was changed to NXP.On August 6, 2010, NXP completed its IPO, with shares trading on NASDAQ under the ticker symbol NXPI.
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On December 23, 2013, NXP Semiconductors was added to the NASDAQ 100. Finally, on March 2, 2015, it was announced that NXP Semiconductors would merge with chip designer and manufacturer Freescale Semiconductor in a $40 billion US-dollar deal. The merger was closed on December 7, 2015.NXP Semiconductors provides mixed signal and standard product solutions based on its security, identification, automotive, networking, RF, analog, and power management expertise. With an emphasis on security of the connected vehicle and the growing Internet of Things, the company's products are used in a wide range of 'smart' automotive, identification, wired and wireless infrastructure, lighting, industrial, consumer, mobile and computing applications.NXP is the co-inventor of near field communication (NFC) technology along with Sony and supplies NFC chip sets that enable mobile phones to be used to pay for goods, and store and exchange data securely. NXP manufactures chips for eGovernment applications such as electronic passports; RFID tags and labels; and transport and access management, with the chip set and contactless card for MIFARE used by many major public transit systems worldwide.In addition, NXP manufactures automotive chips for in-vehicle networking, passive keyless entry and immobilization, and car radios. NXP invented the IﾃつｲC interface over 30 years ago and is a supplier of IﾃつｲC solutions. NXP is also a volume supplier of standard logic devices, and celebrated its 50 years in logic (via its history as both Signetics and Philips Semiconductors) in March 2012.NXP currently owns more than 9,000 issued or pending patents.