32-Bit RISC-V Embedded Processor and Subsystem, Maps ARM M-0 to M-4. Optimal PPA,
Analysis: NXP's options limited as economy worsens
(10/22/2008 1:02 PM EDT)
PHILADELPHIA — NXP Semiconductors executives would be the first to admit that the automotive and multimarket IC vendor is in rather poor shape. They'd also be quick to add they have an aggressive plan to improve the company's fortunes.
They may have only one shot.
NXP is in a troubled state, and some analysts are even questioning its ability to survive in the current economic environment. Even management admits they are racing against time to fix the company's problems, which have now been compounded by the ongoing global financial meltdown and the resulting slowdown in corporate and consumer IT equipment spending.
The company's hope rests on a complex reorganization program introduced on Sept. 12, which would involve a total overhaul of manufacturing, R&D as well as other support functions, many of which NXP hopes to outsource in a bid to cut expenses by as much as $550 million.
E-mail This Article | Printer-Friendly Page |
Related News
- Analysis: NXP's Clemmer keeps cutting
- Unleashing Edge AI Potential: Eta Compute's New Collaboration with NXP Semiconductors
- NXP and TSMC to Deliver Industry's First Automotive 16 nm FinFET Embedded MRAM
- AccelerComm's LEOphy Shortlisted at SCF Industry Awards 2023
- IAR Systems enables next generation automotive applications with NXP's S32K3 MCU family
Breaking News
- Numem at the Design & Reuse IP SoC Silicon Valley 2024
- Synopsys Accelerates Next-Level Chip Innovation on TSMC Advanced Processes
- TSMC Celebrates 30th North America Technology Symposium with Innovations Powering AI with Silicon Leadership
- Keysight, Synopsys, and Ansys Deliver Radio Frequency Design Migration Flow to TSMC's N6RF+ Process Node
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
Most Popular
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Qualitas Semiconductor Appoints HSRP as its Distributor for the China Markets
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
- Credo at TSMC 2024 North America Technology Symposium
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process