Nxp Semiconductors N.V. (NASDAQ:NXPI)
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1 Year : From Jul 2017 to Jul 2018
NXP Semiconductors N.V. (NASDAQ:NXPI) today announced a $22 million dollar program that expands its operations in the United States, enabling the Company’s US facilities to manufacture security chips for government applications that can support critical US national and homeland security programs. Upon completion of the expansion project, NXP facilities in Austin and Chandler will be certified to manufacture finished products that exceed the highest domestic and international security and quality standards.
“This initiative advances NXP’s long-term commitment to developing secure ID solutions for federal, state and local government programs in the United States and demonstrates our deep dedication to serving the American market,” said Ruediger Stroh, Executive Vice President of Security and Connectivity at NXP. “The expansion program further positions NXP to deliver solutions for the IoT, connected devices and many other fast-growing applications in the United States as we continue to be a major contributor to the country’s global leadership in the semiconductor industry.”
As the market leader in secure identification solutions, NXP’s proven technology is included in core components that power secure government-issued ID documents in more than 120 countries, and is used by 95 countries worldwide to secure electronic passport programs.
Steve Adler, the Mayor of Austin, said, “We are excited to see NXP investing in Austin and in the cyber security of our country. We trust this initiative will also secure thousands of jobs and further foster the growth of Austin as a major technology hub.”
NXP R&D manufacturing facilities in San Jose, Austin and Chandler have also undergone a thorough security cite certification process to produce Common Criteria EAL6+ SmartMX microcontroller family products. Common Criteria is an international set of guidelines and specifications developed for evaluating information security products to ensure they meet a rigorous security standard for government deployments.
About the SmartMX Microcontroller Family
SmartMX, the platform of choice for highly secure and fast data transactions, is a proven solution for contact, contactless and dual interface applications with over six billion ICs deployed in the field. The SmartMX microcontroller platform:
- secures transactions for over one-third of chip-based payment cards in circulation, serving banks all over the world.
- serves as the core component in a variety of digital identity schemes and is deployed in nearly 120 out of 145 countries implementing e-Government programs.
- is used in many sovereign electronic documents such as ePassports, citizen cards, national ID cards, driving_edit licenses, social security cards and health cards.
- is the 6th generation in the market, with NXP holding the most security certificates in the industry.
- is the preferred technology for the secure element of NFC-enabled phones.
About NXP NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 31,000 employees in more than 33 countries, with almost 7,000 employees in the USA and posted revenue of $9.5 billion in 2016. Find out more at www.nxp.com
NXP and the NXP logo are trademarks of NXP B.V. All other product or service names are the property of their respective owners. All rights reserved. © 2017 NXP B.V.
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