{"id":784768,"date":"2023-09-19T03:03:10","date_gmt":"2023-09-19T07:03:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/"},"modified":"2023-09-19T03:03:10","modified_gmt":"2023-09-19T07:03:10","slug":"nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/","title":{"rendered":"NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development"},"content":{"rendered":"<div class=\"mw_release\">\n<ul type=\"disc\">\n<li>\n          <em>Grants to be provided by the respective ministries of Austria, Germany, the Netherlands and Romania<\/em>\n        <\/li>\n<li>\n          <em>Planned investments reinforce NXP\u2019s commitment to strengthening innovation and supply chain resilience in Europe and follows the announcement of a joint venture partnership establishing TSMC\u2019s First European Fab<\/em>\n        <\/li>\n<\/ul>\n<p>EINDHOVEN, The Netherlands, Sept.  19, 2023  (GLOBE NEWSWIRE) &#8212; NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it is strengthening its European research and development (R&amp;D) through grants to be provided via the 2<sup>nd<\/sup> Important Project of Common European Interest on Microelectronics and Communication Technologies (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lWgqaH4AOkQp1l5rWK1-P_FIFw1_fy8Z5tK-nbH12iQ0m7NdBzGAFbcDgvb5yZdJFN0KkPb-sbwG48rVxXnoaxVZocSPRhm8In9Gjvcj0xCQ-9UbE-ckIqCD-2b1kq08S26hiPZH6Njn2VEG5BO3fQJYJ0yjj2CAWbf8nvnETsQ=\" rel=\"nofollow noopener\" target=\"_blank\">IPCEI<\/a> ME\/CT), with the final investment decision pending confirmation of the level of public funding. Dedicated NXP teams across Austria, Germany, the Netherlands and Romania will innovate in core technologies across automotive, industrial and cybersecurity. This includes 5nm, advanced driving assistance and battery management systems in automotive, 6G and Ultra-Wideband as well as artificial intelligence (AI), RISC-V and post-quantum cryptography.<\/p>\n<p>\u201cNXP\u2019s planned investments in our Austrian, German, Dutch, and Romanian operations signal our strong commitment to the EU\u2019s goal of enabling both digital and green transition,\u201d said Kurt Sievers, President and CEO of NXP. \u201cOur activities through IPCEI ME\/CT complement NXP\u2019s planned joint venture participation in TSMC\u2019s first European foundry. It also underscores our commitment to strengthening innovation and supply chain resilience in Europe. NXP believes expanding research, development, and manufacturing efforts in Europe is of vital importance, and each of these three critical elements must be successfully integrated to achieve greater European semiconductor ecosystem resilience.\u201d<\/p>\n<p>Extensive research, development, and manufacturing presence across multiple sites in all four countries enable NXP to develop cutting-edge technology and products that contribute significantly to the achievement of EU industrial strategies. In close collaboration with a strong ecosystem of more than 50 partners from industry and academia across Europe, NXP will strengthen key technologies of\u00a0microelectronics in Europe.<\/p>\n<p>No other microelectronics company participating in IPCEI ME\/CT is currently planning to invest in its operations across so many EU member states. NXP is also an active participant in three of the four IPCEI ME\/CT workstreams: \u201cSense\u201d, \u201cThink\u201d, and \u201cCommunicate\u201d, reflecting NXP\u2019s areas of leadership and strategic focus.<\/p>\n<p>NXP\u2019s planned investments in Austria, Germany, the Netherlands, and Romania follow the announcement that the company is going to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gEBbqxCavjnmUDucmjXc3l_Jodzi0fqNQI8qnGbCZjsgLI9_6dC9mFO5CsaEA-dom2brXmJjY6VkSeyhNRPH8yFcgKN_vv3IzektCbVauUX77AYLbeTuf1LOFGFGoAQG9WtwazsKYUb5BVvy_NOu46hdNIct9ryf9YHzuPcW8KMv-W5dlpkMaUyWXAvCEdQ-6e_HMu8XCD4E41CCi6vAoyuYUHvk6RATFAu_tMLZnTQYZvAeB-Bi9oPrQezstc9UMsZWaakTdL9BjkeEql4PppPNK7DPPDRZNues2L-SjC5buiU5B4gJHUf8gJP3kbtY0Peje6NzhNYsgkCvC92c4n_OW8tlnLnvP6KAwGVEz9U=\" rel=\"nofollow noopener\" target=\"_blank\">form a new joint venture, ESMC (European Semiconductor Manufacturing Company), with TSMC, Bosch, and Infineon<\/a> with plans to establish TSMC\u2019s first semiconductor manufacturing site in Europe. The new 300mm fab, planned to be built in Dresden, Germany, is expected to have a monthly production capacity of 40,000 300mm (12-inch) wafers on TSMC\u2019s 28\/22 nanometer planar CMOS and 16\/12 nanometer FinFET process technology, further strengthening Europe\u2019s semiconductor manufacturing ecosystem with advanced FinFET transistor technology and creating about 2,000 direct high-tech professional jobs.<\/p>\n<p>\n        <strong>NXP in Austria<\/strong><br \/>\n        <br \/>NXP Austria is a center of excellence for cryptography and security, advancing solutions that make lives easier, better and safer. NXP Austria innovates hardware and software solutions as well as services for the IoT, automotive, Industry 4.0 and mobile sectors. At NXP Austria, nearly 800 people from approximately 50 countries work on Innovations to research, design, develop, manage, and promote NXP&#8217;s products.<\/p>\n<p>For more information on NXP in Austria, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O9mJuPqRse2YjGjSWzrqGr0espyg4B-DQ-T3mBWmBt0KixnFxsdyV8THW8M-6RBQvAaYSrFW98Qf6GpSyKM_r1dBd1wabWbW_Pn1dYmObWRwwpnwY-xztNYt-7WZUD00FUloanevH5VzCfXjRaaijg==\" rel=\"nofollow noopener\" target=\"_blank\">nxp.com\/austria<\/a>.<\/p>\n<p>\n        <strong>NXP in Germany<\/strong><br \/>\n        <br \/>With over 1,200 people, Germany is a very important R&amp;D hub for NXP with a focus on semiconductor solutions for the automotive market as well as secure connected edge applications, such as industrial IoT, mobile, and wearables. Primary R&amp;D competencies in Hamburg, Munich, and Dresden include cybersecurity, automotive processing, and RF. A collaborative quantum computing initiative was established in 2023 in Hamburg. IPCEI will help to further strengthen and expand these core competencies. In addition, the German sites are home to an experienced sales engineering team that completes NXP\u2019s global network of customer support.<\/p>\n<p>For more information on NXP in Germany, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O9mJuPqRse2YjGjSWzrqGomAI0TrnBU9AS-lfjNX1EK8g4ccUzfXzmxMjhc29kcjNEcWxYbsC3-Gj5Y-f_7F-3mj-pBk7DyD0kCS8a_XT1VYsmt0q7bCjoGQZNQdrnEBGD8BCgLYmhFU7jCfGsWvlQ==\" rel=\"nofollow noopener\" target=\"_blank\">nxp.com\/germany<\/a>.<\/p>\n<p>\n        <strong>NXP in the Netherlands<\/strong><br \/>\n        <br \/>NXP has over 2,200 people and significant operations across three sites in the Netherlands.\u00a0NXP\u2019s international headquarters is located on the High Tech Campus Eindhoven. R&amp;D groups based in Eindhoven focus on security innovation, software and hardware IP development, chip design, system innovation and certification. NXP Nijmegen features manufacturing, R&amp;D, testing, technology enablement and support functions. NXP\u2019s Delft site is home to hardware and software design teams focusing on secure wireless solutions including automotive electronics such as radio, GPS, car access systems, and sensor electronics.<\/p>\n<p>For more information on NXP in the Netherlands, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O9mJuPqRse2YjGjSWzrqGt29OAEEsI6Q20xdZcE93-xUmVT3kbgxVpjTAzzhK1dCVB5Dab6mazAseKxnZS4yGP4UyFHL1JOXFam9LYnl53yKX3d_sCmlCrO2A4_a_wiJCd4xUPdUn3xPEejQE3TjdxpfBVcVWkJ3GPaaU894XY5cbc5ayC8Wq2WRwTCoBBvX\" rel=\"nofollow noopener\" target=\"_blank\">nxp.com\/netherlands<\/a>.<\/p>\n<p>\n        <strong>NXP in Romania<\/strong><br \/>\n        <br \/>NXP Bucharest\u2019s over 1,000 people focus on software development for automotive, microcontrollers and connectivity products as well as IT service management and customer supply operations. Each year, NXP Romania hosts interns who learn the specifics of software development in automotive, edge computing and IoT.<\/p>\n<p>For more information on NXP in Romania, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O9mJuPqRse2YjGjSWzrqGlmB5DissZpU3pqe5puE1fEhqaql1jr150kiqTrKzXdZXRT_q2DWvZK0Z_NNeAoVZYUd-Yp0Eq_tQGVieUOd4UYOKy6oM2X9LdFrfU1bX7RILU1GpLDMujP0vMD_g4hnXdgmzVng1wiwJYgKg1eNt39ac5iWVknkYx6yW8bwan7C\" rel=\"nofollow noopener\" target=\"_blank\">nxp.com\/romania<\/a>.<\/p>\n<p align=\"left\">\n        <strong>About NXP Semiconductors<\/strong><br \/>\n        <br \/>NXP Semiconductors N.V. (NASDAQ: NXPI) brings together bright minds to create breakthrough technologies that make the connected world better, safer and more secure. As a world leader in secure connectivity solutions for embedded applications, NXP is pushing boundaries in the automotive, industrial &amp; IoT, mobile, and communication infrastructure markets while delivering solutions that advance a more sustainable future. Built on more than 60 years of combined experience and expertise, the company has approximately 34,500 team members in more than 30 countries and posted revenue of $13.21 billion in 2022. Find out more at www.nxp.com.<\/p>\n<p>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. \u00a9 2023 NXP B.V<\/p>\n<p>\n        <strong>For more information, please contact:<\/strong>\n      <\/p>\n<p>\n        <strong>Americas\u00a0&amp;\u00a0Europe<br \/><\/strong>Andrea Lempart<br \/>Tel: +49 175 610 695 1<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RRGsUBMamlPrTRcc561B84i3vPVzCrUCcmpLh5czQbjPI8CebLGbkDy-K5cYrSgOJHWPHHvUjrjG5xhxP62JQn5PK3T9Ab72Drt1vxFk0R8=\" rel=\"nofollow noopener\" target=\"_blank\"><u>andrea.lempart@nxp.com<\/u><\/a><\/p>\n<p>NXP-Corp<\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3HDh4F-_Zr9UG1GKDNd-BF6Q6QlWHa4ig96_o2Nbo7ypZ2bDu4HXgg2aOWRHlXnPXVuRYAzXFzaifSG_ThIoalfZbYJxg6DhIWhWC6cjqOiFD8P_rjN8aZ-TBXJ9M622rGCikNnuEtvCvVbQQ2tHsBFNgNazkk_eSlZXA6d6lNGV_Pd5LFwrpo_ej1166QESRBYrfsmUWt4IUIa5eNCts0Bjjk007fJMdYqSfNSaAcYzEP9IPnVIYsG0Nh6B8aatKAjEA1Gup1qBd5j0LwdVDw==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/85e22706-4246-42f9-836b-4e938a17a769<\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyNDAyMiM1ODE5NTc1IzIwMDk4ODc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MjY3YWJiNTAtZDBlNC00MWYwLWEwODUtYjkzZTBlNzc2MDMyLTEwMjE0NjA=\/tiny\/NXP-USA-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Grants to be provided by the respective ministries of Austria, Germany, the Netherlands and Romania Planned investments reinforce NXP\u2019s commitment to strengthening innovation and supply chain resilience in Europe and follows the announcement of a joint venture partnership establishing TSMC\u2019s First European Fab EINDHOVEN, The Netherlands, Sept. 19, 2023 (GLOBE NEWSWIRE) &#8212; NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it is strengthening its European research and development (R&amp;D) through grants to be provided via the 2nd Important Project of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME\/CT), with the final investment decision pending confirmation of the level of public funding. Dedicated NXP teams across Austria, Germany, the Netherlands and Romania will innovate in core technologies across automotive, industrial &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-784768","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Grants to be provided by the respective ministries of Austria, Germany, the Netherlands and Romania Planned investments reinforce NXP\u2019s commitment to strengthening innovation and supply chain resilience in Europe and follows the announcement of a joint venture partnership establishing TSMC\u2019s First European Fab EINDHOVEN, The Netherlands, Sept. 19, 2023 (GLOBE NEWSWIRE) &#8212; NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it is strengthening its European research and development (R&amp;D) through grants to be provided via the 2nd Important Project of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME\/CT), with the final investment decision pending confirmation of the level of public funding. Dedicated NXP teams across Austria, Germany, the Netherlands and Romania will innovate in core technologies across automotive, industrial &hellip; Continue reading &quot;NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-19T07:03:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyNDAyMiM1ODE5NTc1IzIwMDk4ODc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NXP Embraces EU\u2019s IPCEI ME\\\/CT to Expand Research and Development\",\"datePublished\":\"2023-09-19T07:03:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\\\/\"},\"wordCount\":984,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODkyNDAyMiM1ODE5NTc1IzIwMDk4ODc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\\\/\",\"name\":\"NXP Embraces EU\u2019s IPCEI ME\\\/CT to Expand Research and Development - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/","og_locale":"en_US","og_type":"article","og_title":"NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development - Market Newsdesk","og_description":"Grants to be provided by the respective ministries of Austria, Germany, the Netherlands and Romania Planned investments reinforce NXP\u2019s commitment to strengthening innovation and supply chain resilience in Europe and follows the announcement of a joint venture partnership establishing TSMC\u2019s First European Fab EINDHOVEN, The Netherlands, Sept. 19, 2023 (GLOBE NEWSWIRE) &#8212; NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it is strengthening its European research and development (R&amp;D) through grants to be provided via the 2nd Important Project of Common European Interest on Microelectronics and Communication Technologies (IPCEI ME\/CT), with the final investment decision pending confirmation of the level of public funding. Dedicated NXP teams across Austria, Germany, the Netherlands and Romania will innovate in core technologies across automotive, industrial &hellip; Continue reading \"NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-19T07:03:10+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyNDAyMiM1ODE5NTc1IzIwMDk4ODc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development","datePublished":"2023-09-19T07:03:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/"},"wordCount":984,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyNDAyMiM1ODE5NTc1IzIwMDk4ODc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nxp-embraces-eus-ipcei-me-ct-to-expand-research-and-development\/","name":"NXP Embraces EU\u2019s IPCEI ME\/CT to Expand Research and Development - 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