Chinese group completes Nexperia acquisition

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A consortium of Chinese companies has completed its acquisition of NXP’s standard products division and the company has been launched officially as Nexperia.

Gerton Jansen, pictured, the new company’s chief marketing officer, said: “We have been successful as part of Philips, then as part of NXP. This move will allow us to invest further in R&D and in capital equipment to grow our market position.”

Nexperia, which produces around 85billion devices a year, had revenues in 2016 in excess of $1.1billion and claimed a 12% market share. Its three main product areas are logic and ESD, and MOS discretes, both of which comprise about 35% of its revenue, and diodes. Currently, it has more than 10,000 products in its portfolio.

Jansen said Nexperia’s security of supply, installed capacity and manufacturing excellence attracted customers. “But we still have to be price competitive,” he added.

Claiming Nexperia has always been ‘a company within a company’, Jansen said customers shouldn’t see any difference after the acquisition. “We will remain a standard products powerhouse,” he asserted.

Nexperia has two front end manufacturing facilities, in Manchester and Hamburg, and three back-end packaging plants in Asia. Investment has already been made in Manchester, where production has moved to 8in wafers, a new trench technology has been rolled out and a new clean room is being built.

“Customers are looking for innovative solutions,” Jansen concluded. “If you’re good enough to sell to the automotive sector, you’re good enough to sell to those who want auto qualified parts and prices.”