We have known for quite some time the interest they have in Qualcomm for introducing its chips to the car and television market. This is one of the main motivations that have led the American company to take such an important step as to acquire NXP Semiconductors, a company for which they have paid no less than 47.000 million, if we test the statement published on NXP's own website.
However… Why did Qualcomm choose NXP Semiconductors and not another company? If we do a little memory and pull the bibliography, NXP was born in 2006 by the hand of Frans can Houten, just when he was the delegate of the Philips semiconductor division. The name that was given at that time has its origin in Nexperia, the name by which the division was known, and the slogan Consumer Next Experience.
Qualcomm will enter through the big door in the automotive sector thanks to the purchase of NXP Semiconductors.
After many years of hard work, development and investment in projects, the company finally manages to stand out in the market, especially in the manufacture of mobile components such as ARM and NFC processors, as well as in the automobile sector, same in which the company has managed to stand out above the rest, achieving that 40% of its income comes from this sector.
As you can see, in this specific case Qualcomm has not only decided to pull its portfolio to become a benchmark within this sector, but also acquires the most influential company in it. As mentioned, the company intends to close this transaction at the end of 2017 with the intention that both companies end up generating a annual profit of $ 30.000 billion.
Further information: NXP