NXP is a newly independent semiconductor company founded by Philips. It has a long history of 50 years. It mainly provides engineers and designers with a variety of semiconductor products and software to bring a better perceptual experience for mobile communication, consumer electronics, security applications, contactless payment and connection, in car entertainment and network and other products.

In 2015, NXP acquired Freescale Semiconductor founded by Motorola, becoming the world's top ten non storage semiconductor companies and the world's largest automotive semiconductor supplier (strategy Analytics). It has offices in 30 countries and regions around the world, with a total staff of more than 30000.