What made NXP so valuable to Chinese hackers?
It emerged on Friday that the Chinese hacker group "Chimera" had been able to spy on NXP for years. Its corporate network's security proved inadequate, resulting in the theft of chip designs. But what in particular made NXP's chips attractive to the Chinese hackers?
Dutch news outlet NRC reveale... Read more
The Netherlands gives NXP, ASML and Nearfield 230 million euro
The Dutch government is giving NXP, ASML and Nearfield Instruments a 230 million euro for tech and chip manufacturing research. The subsidy is part of a European Important Project of Common European Interest (Ipcei) project.
Within the government subsidy provided, NXP is receiving funding for tw... Read more
NXP reports customer data breach, warns for suspicious emails
NXP has alerted customers by email to a data breach. A cyber incident occurred on July 11, which the Dutch chipmaker's incident response team discovered three days later. The company advises customers to watch for suspicious emails.
The email NXP sent to customers was shared on X by Troy Hunt, f... Read more
Dutch government, ASML, NXP and VDL put €100M into Smart Photonics
Smart Photonics, a Dutch manufacturer of photonic chips, has raised 100 million euros. Backers of the Eindhoven-based outfit are the government, regional and national growth funds and chip companies from the local area.
Smart Photonics focuses on the development and manufacturing process of phot... Read more
NXP unveils its i.MX 91 family of applications processors
NXP has unveiled new i.MX 91 processors. The new chips should power Smart Factories and Smart Homes.
This week Dutch semiconductor giant NXP used the Computex event to announce the latest processor from its i.MX 9 series of applications processors. These are intended for industrial, medical, con... Read more
NXP records strong revenue growth in third quarter
The Netherlands-based chip manufacturer NXP posted revenue of about €3.5 billion ($3.45 billion) in the third quarter of this year.
NXP achieved 20 percent more revenue than in the same period last year. The growth follows a great quarter in the automotive industry.
Revenue in the automotiv... Read more
NXP: ‘Chips Act makes too little money available to reach target’
The support package for European chip makers won't be enough to reach the European Union's goal, according to NXP's CEO. The chip giant calculated that the market needs €500 billion in investments, while the support package only provides €43 billion.
The European Union wants to have a 20 pe... Read more
NXP turnover increases substantially
NXP saw its turnover increase substantially in the first quarter of this year. In particular, automotive chipset sales grew strongly.
In the first quarter of 2022, the chip manufacturer realised a total turnover of 3.14 billion dollars (2.99 billion euros) -- no less than a 22 percent increase ... Read more
Odyssey founds European repair center for chip manufacturing equipment
Odyssey is expanding into Europe with a 'high tech repair center' in The Netherlands. The American organization specializes in repairs of radio frequency equipment. Odyssey works for large customers in the chip industry, including NXP.
The impact of the global chip shortage goes beyond scarcity.... Read more
NXP achieves record sales in 2021
NXP managed to book record sales of over 10 billion euros ($11.6 billion) in 2021. This was 28 percent more than in 2020. Chipsets for the automotive sector brought in the most revenue last year.
The Dutch chip manufacturer is performing well, its 2021 results show. In the fourth quarter of 2021... Read more