NXP intensifies China localization strategy, collaborates with local foundry
NXP's strategic shift aims to boost Chinese chip production and support local automotive industry growth by 2025
According to a report published by TrendForce on July 4, NXP has intensified its focus on its China localization strategy amid growing US export controls and potential tariff risks. The company announced plans to collaborate with a local Chinese foundry to manufacture its chips entirely within China. Although NXP operates a significant packaging and testing facility in Tianjin, the majority of its wafer fabrication occurs in the US and Singapore.
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