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NXP Semiconductors has got rid of a share in the Chinese enterprises


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 NXP Semiconductors has got rid of a share in the Chinese enterprises


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POSTER: computer news   ||    NXP SEMICONDUCTORS HAS GOT RID OF A SHARE IN THE CHINESE ENTERPRISES

DATE:2017-04-20

After buying NXP Semiconductors assets, American Qualcomm Corporation has every chance to be considered the largest player in the market of semiconductor components for automotive electronics, but a deal of this scale inevitably leads to some optimization, although the new owners of the business promised not to completely shut down the NXP factories.

As noted by the EE Times , NXP Semiconductors NV said on Wednesday it sold the remaining 27% stake in the Chinese company Advanced Semiconductor Manufacturing Corp.  Lt; / RTI & gt;  (ASMC) for $ 53.7 million to the Chinese company Shanghai Pudong Science and Technology Investment Co.  Lt; / RTI & gt;  Back in the late eighties of the last century, ASMC was founded as a joint venture between Royal Philips Electronics and the Chinese government.  Later, Philips separated NXP, and ASMC for a long time was named Philips Semiconductor Shanghai, releasing semiconductor products by order of Philips in two plants that process silicon plates with a size of 200 mm.  Now NXP will not have a share in the capital of ASMC.

It is generally believed that this deal was dictated by the need to obtain approval of Chinese regulators to take over NXP by the American corporation Qualcomm.  The latter does not have its own production facilities, and prefers to place orders for the production of self-developed processors at contractor enterprises.  American anti-monopolists have no objections to the purchase of NXP by Qualcomm, and therefore this transaction can be completed by the end of this year.


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 NXP Semiconductors has got rid of a share in the Chinese enterprises


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Related news:

Qualcomm extends the deal with NXP Semiconductors (2017-08-25)
The European Commission began its own investigation of the deal between Qualcomm and NXP (2017-06-11)
The European regulator does not see the intention of Qualcomm to cooperate in the decision to absorb NXP (2017-06-04)
NXP Semiconductors has got rid of a share in the Chinese enterprises (2017-04-20)
This year, NXP will release at least 5 SoC using the FD-SOI technical process (2017-04-14)
Qualcomm will not close the NXP plant (2017-01-23)
NXP believes that the consolidation of the assets in the industry will continue (2016-11-06)
Qualcomm to pay for NXP Semiconductors to about 47 billion (2016-10-28)
Qualcomm and NXP Semiconductors will soon agree on a price (2016-10-07)
Interest in NXP can show Intel and Samsung (2016-10-02)
NXP Semiconductors can get all Qualcomm (2016-09-30)
NXP Semiconductors can sell its standard products to Chinese investors (2016-04-11)
NXP completed the acquisition of Freescale Semiconductor (2015-12-08)
NXP will be Owner of Freescale Semiconductor (2015-03-03)
dx10 winxp (2006-06-15)

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