Friday, 8 April 2016

NXP mulling sale of standard chip business to China

NXP is mulling a sale of its standard chip business reports Bloomberg. 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 ...

NXP mulling sale of standard chip business to China



from ElectronicsWeekly http://www.electronicsweekly.com/news/business/nxp-mulling-sale-of-standard-chip-business-to-china-2016-04/

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