SOURCE: NXP Semiconductors
EINDHOVEN, THE NETHERLANDS--(Marketwired - Apr 29, 2014) - NXP Semiconductors N.V. (NASDAQ: NXPI), today announced that it is now the world's number one supplier for small-signal discretes. In its recent report, 'Competitive Landscaping Tool (CLT)™ - Annual Detail - 2014 Worldwide Semiconductor Market Share', industry analyst IHS, a global leader in critical information and insight, reported that NXP notched a significant increase in total sales. The report also confirmed that NXP has continued to extend its overall leadership in standard products worldwide.
This is the first time that NXP has topped the Small-Signal Discretes rankings since it established its General Applications (GA) Discretes business division in 1997. NXP GA offers one of the widest portfolios in the market and leads in the areas of ESD protection, power efficiency and miniaturization. Innovative products, high quality levels and high volume production infrastructure make GA Discretes the preferred supplier for automotive, communication and entertainment consumer electronics customers. NXP delivers roughly one fourth of the global market demand of small-signal discretes.
NXP has led the Standard Products market since 2013. NXP's product lineup includes Bipolar Power Transistors, FET Power Transistors, Thyristors, Rectifier & Power Diodes Small Signal & Other Discretes. As of 2014 Standard Logic products are also included in NXP's Business Unit Standard Products.
"NXP enables secure connections for a smarter world, so we are very pleased to be recognized for our leadership in the Small-Signal Discretes market. Reaching number one was always the mission for the Business Line GA so to achieve it is a great boost to the team in Hamburg," said Jürgen Lange, Senior Vice President & General Manager BL Discretes, NXP. "Our focus on developing high quality products, our early entry into the mobile market and growth in developing global markets such as China are all contributing factors to reaching this point."
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable secure connections for a smarter world. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the automotive, identification and mobile industries, and in application areas including wireless infrastructure, lighting, healthcare, industrial, consumer tech and computing. NXP has operations in more than 25 countries, and posted revenue of $4.82 billion in 2013. Find out more at www.nxp.com.
This document includes forward-looking statements which include statements regarding NXP's business strategy, financial condition, results of operations and market data, as well as other statements that are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after NXP distributes this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in NXP's SEC filings. Copies of NXP's SEC filings are available from the SEC website, www.sec.gov.