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19 September 2019

NXP Broadens Mobile Communications Division In Anticipation Of GPS Cellphones

GloNav, an American semiconductor company which specializes in the production of global positioning system chips NXP by has been purchased by Dutch chipmaker NXP for $110 million in cash. NXP is looking to strengthen its mobile communications unit due to estimates that 40% of mobile phones, about 560 million units, will have GPS by 2010. NXP has already acquired cellular communications company Silicon Laboratories for $285 million and developed a broad mobile communications business featuring FM radio, USB, Bluetooth, and near-field communications offerings.

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