It become a separate legal entity called NXP Semiconductors and owned by a consortium of private investment companies and Royal Philips Electronics.
NXP is one of the World’s leading semiconductor suppliers. In 2008, NXP had sales of USD 5.4 billion (including the Mobile & Personal business), 30,000 employees, sales offices in 60 countries and 13 manufacturing plants in Europe, the USA and Asia.
NXP is leading supplier of application specific system solutions and components to the Home Consumer Electronics, Automotive, Identification and Multi Market Semiconductor device markets.
NXP is the second supplier in the world of RF power transistors for use in cellular base stations, radar and broadcast systems. NXP has extensive knowledge on semiconductor technologies, packaging, and RF applications.