NXP (NXP Semiconductors) is a newly independent semiconductor company founded by Philips and has a long history of 50 years. It provides engineers and designers a wide range of semiconductor products and software for mobile communications, consumer electronics, and security. Applications, contactless billing and connectivity, and in-car entertainment and networking products deliver a better perceived experience.

On October 28, 2016, Qualcomm acquired Dutch semiconductor company NXP for US$47 billion. In February 2015, Freescale and NXP reached a merger agreement, the overall market value of the merger was 40 billion US dollars. The acquisition was completely completed in the second half of 2015. With a long-term cumulative survey of consumers, large R&D investments and world-class partners, NXP's vivid experience of "vibrant media technology" allows consumers to enjoy a better sensory experience, such as color. Bright images, clear and loud sounds, and easy sharing of information at home, in the car, and on mobile devices.

NXP Semiconductors offers High Performance Mixed Signal and standard product solutions with its leading RF, analog, power management, interface, security and digital processing expertise. These innovative products and solutions are used in a wide range of applications in automotive, smart identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing. The company has business executives in more than 25 countries around the world. In 2013, the company's net income reached $4.82 billion.