NXP: From the Split of PHILIPS to the Acquisition of Freescale and the Strategic Transformation of Nexperia
Opportunities from the Split of PHILIPS Semiconductor Division: NXP In 2006, PHILIPS split its semiconductor division into NXP for 7.9 billion euros. This decision was driven by Siemens’ recent split of its semiconductor division into Infineon Technologies, which yielded significant profits, prompting PHILIPS to accelerate its own split. It was also based on a precise … Read more