NXP is the world's largest supplier of automotive semiconductors

What is the story of NXP Semiconductors, one of the top 10 non-storage semiconductor companies in the world?
NXP formerly known as the Netherlands Philips was established in 1953 semiconductor division, in 2006, Philips will be the semiconductor business to 7.913 billion euros price, sold to a private equity consortium in the Netherlands.
What companies did NXP acquire?
▶ In 2015, acquired Freescale Semiconductor in the United States
▶ In 2019, acquired Marvell's WiFi and Bluetooth connectivity business assets
Where are NXP's products used?
Safe and connected cars, mobile devices, industrial IoT, smart cities, smart homes, and communications infrastructure all have NXP's presence, enabling devices to sense, think, connect, and act in a smarter way
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