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NXP To Sell RF Power For $1.8 Billion

2015-06-03 15:53:58| rfglobalnet Home Page

NXP Semiconductors N.V. announced on May 28 an agreement that will facilitate the sale of its RF Power business to Jianguang Asset Management Co. Ltd (“JAC Capital”). Under the terms of the agreement JAC Capital will pay $1.8 billion for the business.

Tags: power sell billion nxp

 

HPA and NXP unveil V2X intelligent traffic light for Port of Hamburg

2015-06-01 16:55:37| Green Car Congress

Tags: of light port traffic

 
 

Stora Enso and NXP to develop intelligent packaging solutions

2015-05-28 15:25:51| Paper - Topix.net

Stora Enso's packaging businesses are in a phase of rapid development. Stora Enso and NXP have begun co-operation on intelligent packaging solutions.

Tags: solutions develop packaging intelligent

 

NXP sells RF Power unit to help pay for Freescale

2015-05-28 11:35:00| Telecompaper Headlines

(Telecompaper) NXP Semiconductors said it has signed an agreement to facilitate the sale of its RF Power business to Jianguang Asset Management (JAC Capital) for USD 1.8 billion. CEO Richard Clemmer added that the deal will support the closure of the company's merger with Freescale Semiconductor and that NXP will keep investing in the new company's R&D, manufacturing and customer service, supported by JAC Capital, in order to strengthen its market position. Under the agreement, the NXP RF Power business will become an independent company incorporated in the Netherlands and 100 percent owned by JAC Capital. The company will be led by its current management team and include around 2,000 NXP employees. All relevant patents and intellectual property associated with the business will be transferred in the sale, as well the NXP back-end manufacturing operation in the Philippines that is focused on advanced package, test and assembly of RF Power products.

Tags: power pay unit sells

 

NXP Shoots Higher on iPhone 6 Demand; Cramer Calls It 'Must Own'

2015-05-22 03:47:56| Electronics - Topix.net

Investors appear to be piling into the semiconductor company, known for its chips that work with mobile payments , following a report from Morgan Stanley noting demand for the Apple Apple introduced its mobile payments service, Apple Pay, as part of the iPhone 6. NXP is a supplier of chips to Apple, per the company's 2015 supplier list. Other suppliers to Apple include Skyworks Solutions .

Tags: must own higher demand

 

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