SOURCE: NXP Semiconductors

NXP Semiconductors

April 05, 2011 19:00 ET

NXP Relocates Automotive Sales and Marketing Headquarters to Shanghai and Establishes New Automotive Technical Center in China

EINDHOVEN, THE NETHERLANDS and SHANGHAI, CHINA--(Marketwire - April 5, 2011) - Today, NXP Semiconductors (NASDAQ: NXPI) made two major announcements underscoring its commitment to the growing automotive market in China. NXP has established a new China Automotive Technical Center to focus on R&D, system innovation and customer application support, and has also moved its Automotive sales and marketing headquarters to Shanghai.

Drue Freeman, vice president global automotive sales and marketing at NXP Semiconductors, has formally relocated from Hamburg, Germany to Shanghai, China effective April 1st. This move is part of NXP's strategy to locate more of its customer-facing automotive operations closer to its fastest growing markets. 

"Shanghai is the ideal base for me to focus on further accelerating NXP's growth in Automotive," said Drue Freeman, who has been based in Germany for the last seven years. "In addition to the burgeoning domestic China market, all of our major European and American customers are establishing significant business and development operations in China. Furthermore, being in Shanghai will allow me to spend more time with our important Japanese and Korean customers as well." 

With the creation of the NXP China Automotive Technical Center in Shanghai, NXP is building a regional hub for technical excellence in automotive systems and applications. NXP's existing European Automotive Technical Centers are widely recognized as a cornerstone of NXP's success in the automotive semiconductor market, building upon years of experience in In-Vehicle Networking, Sensors and RFID-based Automotive Security, and providing in depth technical support for customers on challenging issues such as Electromagnetic Compatibility (EMC). 

"We want to bring the same level of leading-edge product and application expertise we have today in Europe directly to our customers in China," said Kurt Sievers, senior vice president and general manager, Automotive business, NXP Semiconductors. "We also want to ensure that the Chinese market requirements are being fully captured in our High Performance Mixed Signal innovation focusing on CO2 reduction as well as Connected Mobility."

Over the next 12 months NXP expects to build up the NXP China Automotive Technical Center with more than 20 specialist engineers, who will work closely with their colleagues in the European Automotive Technical Centers as well as with local Tier 1 customers and domestic car OEMs.

About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 30 countries, NXP posted revenue of $4.4 billion in 2010. For more information, visit www.nxp.com.

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