NXP - the birth of the automotive core faucet

NXP has several distinctive labels: "car core giant", "standing on the shoulders of giants" and "almost being acquired by Qualcomm for a huge amount".

In June last year, semiconductor research institution IC Insights announced the ranking of the top ten MCU manufacturers in the world in 2021. NXP ranked first with sales of US$3.795 billion, followed by Microchip, Renesas Electronics, STMicroelectronics and British Feiling.

NXP, STMicroelectronics and Infineon are known as the European Big Three. But compared with the other two, NXP is obviously much "younger".

Looking at the history of NXP, this company headquartered in Eindhoven, the Netherlands, was actually established in 2006. A young company with less than 20 years of history has become the world's top 1 (ranking floating). This is how it did it ?

The birth of the car core giant

Since then, NXP has been able to work on its own business with peace of mind. Affected by the epidemic last year, there was a shortage of car cores. NXP took advantage of the momentum to achieve full-year revenue of 13.21 billion US dollars, and in the first quarter of 2023, it also achieved a record high revenue of US$3.12 billion.