Tag Archives: fsl

Apple Supplier NXP Sells RF Unit To Help Close Merger

Apple (AAPL) chip supplier NXP Semiconductors (NXPI) is selling its RF power business to China’s JianGuang Asset Management (JAC Capital) for $1.8 billion, a move to satisfy concerns over its pending acquisition of peer Freescale Semiconductor (FSL). NXP shares rose 0.4% to 111.16, reaching another new high in the stock market today. NXP cleared a 105.04 buy point on May 21. On Wednesday, the stock cleared another buy point of 108.60 with a 3.5%

NXP CEO: Deal With Freescale Will Create "Powerhouse"

Shares of NXP Semiconductors (NXPI) raced out of the gate to an all-time high early Monday as Wall Street applauded the Dutch chipmaker’s plans to buy smaller peer Freescale Semiconductor (FSL) in a deal valued at around $12 billion. NXP, which supplies mixed-signal, analog, power management, radio frequency and digital processing chips, announced the buyout late Sunday. The combined company will become the world’s No. 1 automotive semiconductor

NXP Semiconductors Merger Pays In Autos And – Apple?

A more than $40 billion merger plan announced over the weekend begins to build what one analyst calls an “automotive powerhouse.” IBD Leaderboard company NXP Semiconductors (NXPI), a connected-car chipmaker and also a supplier of some chip technology in Apple (AAPL) iPhones, said it will merge with Freescale Semiconductor (FSL) to establish the No. 1 automotive semiconductor supplier as well as the market leader in general purpose microcontroller