NXP is mulling a sale of its standard chip business reports Bloomberg.
By David Manners-Electronics Weekly, Apr. 14, 2016 –
The division made an operating profit of $264 million last year on sales of $1.24 billion.
It is thought to be worth about $2 billion.
Chinese investor Jianguang Asset Management known as JAC Capital is thought to be interested.
JAC bought NXP's RF business business last year for about $1.8 billion.
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