Freescale Microprocessors
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Freescale Microprocessors
Freescale Semiconductor, Inc. was an American semiconductor manufacturer. It was created by the divestiture of the Semiconductor Products Sector of Motorola in 2004. Freescale focused their integrated circuit products on the automotive, embedded system, embedded and communications markets. It was bought by a private investor group in 2006, and subsequently merged with NXP Semiconductors in 2015. History Divestiture from Motorola and first IPO As of 2003, Motorola Semiconductor Products Sector earned US$5.0 billion in semiconductor sales in 2002 (out of US$27 billion sales for all of Motorola). Motorola announced that their semiconductor division would be divested on October 6, 2003 and would have a temporary name ''SPS Spinco''. Freescale completed its Initial public offering (IPO) on July 16, 2004, at a price of US$13. In its announcement, it estimated the stock price to be US$17.50- 19.50 but following a cooling of the market towards tech stocks, it lowered its price to US ...
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NXP Semiconductors
NXP Semiconductors N.V. is a Dutch semiconductor manufacturing and design company with headquarters in Eindhoven, Netherlands. It is the third largest European semiconductor company by market capitalization as of 2024. The company employs approximately 34,000 people in more than 30 countries and it reported revenues of $13.3 billion in 2023. The company's origins date back to the 1950s as part of Philips and it became one of the world's largest semiconductor companies by the end of the 20th century. Philips spun off the company in 2006 and it has since operated independently. The company's name is an abbreviation of Next eXPerience. Overview Originally spun off from Philips in 2006, NXP completed its initial public offering, on August 6, 2010, with shares trading on Nasdaq under the ticker symbol "NXPI". On December 23, 2013, NXP Semiconductors was added to the Nasdaq-100 index. In 2021, it was added to the S&P 500 stock index. NXP is the co-inventor of near field comm ...
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