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Chinese market becomes increasingly important for top European chipmaker NXP Semiconductors due to the country’s booming EV industry
Top European chipmakers are seeking stability for their businesses in China as Washington’s export controls further complicate global supply chain operations, reported Financial Times on November 15.
Chinese leading RF provider Sunway Communication (信维通信) has reached strategic cooperative agreement with NXP
Chinese EV manufacturer NIO’s electric flagship sedan ET7 is equipped with UWB digital key, which is reportedly the world’s first UWB digital key capable of localization at centimeter-level precision
Chinese semiconductor company Nexperia (安世半导体) has opened its first design center in North America and is in the middle of hiring 100 engineers in Dallas, Texas, to support a new business unit for power management and analog chips.
Dutch global semiconductor company NXP has been operating in China for 35 years. Li Tingwei, Chairman of NXP Greater China, said the company is now working with more than 1,000 Chinese enterprises.
South Korean memory chip giant SK Hynix and Netherlands-based NXP Semiconductors have both ramped up their production sites in China, JW Insights noticed.