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NXP Semiconductors N.V. is a global semiconductor company with over 70 years of innovation, specializing in providing solutions that leverage its extensive portfolio of intellectual property, application knowledge, process technology, and manufacturing expertise . The company offers products used in a wide range of applications across four primary end markets: automotive, industrial & Internet of Things (IoT), mobile, and communication infrastructure . NXP markets its products worldwide to original equipment manufacturers (OEMs), contract manufacturers, and distributors, with a significant portion of its revenue derived from these sectors .
- Automotive - Develops semiconductor solutions for automotive applications, enhancing vehicle safety, connectivity, and efficiency.
- Industrial & Internet of Things (IoT) - Provides semiconductor products for industrial automation and IoT devices, enabling smart and connected environments.
- Mobile - Offers semiconductor solutions for mobile devices, focusing on enhancing connectivity and user experience.
- Communication Infrastructure - Supplies semiconductor products for communication networks, supporting high-speed data transfer and connectivity.
| Name | Position | External Roles | Short Bio | Start Date | |
|---|---|---|---|---|---|
Kurt Sievers ExecutiveBoard | President and CEO | Board Member at Capgemini S.E., ZVEI, and GSA; President of AENEAS; Member of APA and OAV (spokesperson for Korea) | Joined NXP in 1995; became CEO in May 2020; instrumental in NXP-Freescale merger and navigating industry challenges; holds a Master’s in Physics and IT from Augsburg University. | May 2020 | View Report > |
Andrew Micallef Executive | Executive Vice President, Chief Operations and Manufacturing Officer | None | Joined NXP in May 2021; oversees manufacturing, quality, and supply chain strategies; previously COO at Marvell and held leadership roles at Intersil, Audience, LSI, and Agere. | May 2021 | |
Christopher Jensen Executive | Executive Vice President and CHRO | Adjunct Professor at Baylor University | Joined NXP in 2015 after Freescale merger; became CHRO in June 2020; expertise in HR functions, change management, and M&A. | June 2020 | |
Ron Martino Executive | Executive Vice President and Chief Sales Officer | None | Joined Freescale (now NXP) in 2008; over 30 years of experience in microelectronics; previously led Edge Processing and i.MX application processor businesses. | N/A | |
William Betz Executive | Executive Vice President and CFO | None | Joined NXP in 2013; became CFO in October 2021; extensive finance experience in semiconductors; MBA from University of Chicago Booth School of Business. | Oct 2021 | |
Gregory L. Summe Board | Independent Non-Executive Director | Managing Partner at Glen Capital Partners; Board Member at State Street Corporation and Avantor Corporation | Joined NXPI Board in December 2015; former Chair of Freescale Semiconductor; extensive leadership in finance and strategy; MBA from Wharton School. | Dec 2015 | |
Julie Southern Board | Chair of the Board | Non-Executive Director at Ocado Group plc and RWS Holdings plc | Chair of NXPI Board since May 2023; non-executive director since 2013; former CFO and CCO at Virgin Atlantic Airways; extensive board experience. | May 2023 |
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With the anticipated low single-digit ASP erosion next year and increased pricing pressure, particularly in the automotive sector, how will you maintain your gross margins without sacrificing market share, and would you consider exiting certain product lines if price becomes the only competitive lever?
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Given the broader macro weakness in Europe and North America leading to both lower production numbers and reduced inventory targets at your Tier 1 customers, how significantly do you expect this "double whammy" to impact your revenue growth, and what strategies are you implementing to mitigate this effect?
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Despite investing $400 million in capacity access fees and $172 million in equity investments into the BSMC and ESMC foundry joint ventures under construction, how do you balance these significant capital expenditures with your commitment to return excess cash to shareholders through buybacks and dividends?
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Your channel inventory increased from 1.7 to 1.9 months due to late-quarter weakness reducing sell-through more than anticipated; how are you adjusting your inventory management practices to better align with the uncertain demand environment and prevent unintended inventory build-up?
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Considering that the majority of your Industrial and IoT business is concentrated in China and that strength in China cannot offset the weakness in Europe and the U.S., how do you plan to diversify your geographic exposure to mitigate risks associated with regional demand fluctuations?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Competes with the company on a global basis in the semiconductor industry, including in areas such as research and development, manufacturing, sales, and marketing across various product lines. | |
Engages in competition with the company in the semiconductor market, focusing on specific applications or market segments. | |
Infineon Technologies AG | Competes with the company in the semiconductor industry, with a focus on certain product lines and market segments. |
A competitor in the semiconductor space, investing in research and development and targeting specific applications or market segments. | |
Competes with the company in the semiconductor industry, particularly in areas requiring advanced technology and innovation. | |
Renesas Electronics Corp. | A competitor in the semiconductor market, focusing on specific applications and market segments. |
Engages in competition with the company in the semiconductor industry, targeting various product lines and market segments. | |
Competes with the company in the semiconductor industry, investing in research and development and targeting specific applications or market segments. |
| Customer | Relationship | Segment | Details |
|---|---|---|---|
Avnet | Distributor | All | 22% of revenue in 2024 = $2,775 million (22% of $12,614 million ) and 21% in 2023 (total revenue for 2023 is N/A in documents). |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Kinara, Inc. | 2025 | NXP Semiconductors entered into a definitive all‐cash agreement valued at $307 million, expected to close in the first half of 2025; the deal brings in high-performance, energy-efficient neural processing units for edge AI applications in industrial and automotive markets. |
TTTech Auto | 2025 | NXP Semiconductors announced an all‐cash acquisition valued at $625 million to bolster its automotive business through the integration of TTTech Auto’s MotionWise middleware, safety-critical systems expertise, and approximately 1,100 engineers, with the transaction slated to close in the second half of 2025. |
Aviva Links | 2024 | NXP Semiconductors announced the all‐cash acquisition of Aviva Links for $242.5 million on December 17, 2024, to expand its automotive connectivity portfolio with ASA-compliant SerDes solutions for ADAS and IVI applications, with closing expected in the first half of 2025. |
Recent developments and announcements about NXPI.
Earnings
New Earnings (Q4 2024)
·6 days agoView full earnings summary →NXPI Q4 highlights: China sales rose 4% YoY, now 36% of revenue (vs. total rev -5%), with no inventory buildup. Meanwhile, a 30% EOL in comm. infra drags revenue. Gross margin ~56% near-term, aiming for 57-63% if H2 revenue recovers. Visibility remains limited.
8-K Filings
8-K Filing
·Feb 19, 2025, 9:34 PMOther EventsView full 8-K filing →The Board approved a $1.014 interim dividend per share for Q1 2025, payable April 9 to shareholders of record as of March 19. The filing also confirms an additional share repurchase authorization.