NXP Semiconductors bets big on India’s tech future with $1bn investment

NXP Semiconductors bets big on India’s tech future with $1bn investment

NXP Semiconductors, a global leader in the semiconductor industry, is making a bold move by investing over $1 billion in India to expand its research and development (R&D) footprint. Kurt Sievers, the company’s CEO, announced this substantial commitment during the Semicon India 2024 conference, marking a pivotal moment for both NXP and India’s burgeoning tech […]

Dresden gears up: TSMC, Bosch, Infineon, and NXP announce joint semiconductor investment

Dresden gears up: TSMC, Bosch, Infineon, and NXP announce joint semiconductor investment

In a monumental move strengthening the European semiconductor arena, global tech leaders including TSMC, Robert Bosch, Infineon Technologies, and NXP Semiconductors have unveiled their strategic blueprint to collectively funnel their resources into the European Semiconductor Manufacturing Company (ESMC) GmbH, based in Dresden, Germany. This collaboration, part of the European Chips Act framework, is prepping the […]

Mahindra partners with NXP Semiconductors to explore electric and connected vehicle landscape

Mahindra partners with NXP Semiconductors to explore electric and connected vehicle landscape

Mahindra & Mahindra, a major player in India’s automotive, farm, and services sectors, has signed a memorandum of understanding (MoU) with NXP Semiconductors, a global leader in secure connectivity solutions for embedded applications. This association is set to focus on the exploration of the electric and connected vehicle landscape, spanning various vehicle types such as […]