NXP establishes China headquarters to strengthen investment and resource integration in China

NXP aims to strengthen investment and resource integration in China's business and promote China's "smart life, safe connection" concept.

Shanghai, China, March 26, 2015 NXP Semiconductors (Nasdaq: NXPI) today announced that it has changed its NXP Semiconductors (Shanghai) Co., Ltd., which was incorporated in Shanghai, to "NXP (China) Management Co., Ltd. "("NXP China"). NXP China will integrate all of NXP's resources and operations in the Chinese market and expand its business scope to broader areas such as investment management decisions, capital operations and financial management. This structural change will help NXP to deepen its efforts and support the local market and make a lasting contribution to the development of China's semiconductor industry and related application industries.

As the foundation and source of rapid development of the information technology industry, integrated circuits have been widely integrated into various fields of China's national economic and social development. In order to promote the rapid development of the industry, the State Council of China promulgated the "Outline for the Promotion of the Development of the National Integrated Circuit Industry" in 2014: "We must continue to expand the opening up to the outside world, vigorously attract foreign capital, technology and talents, and encourage international integrated circuit companies. Domestic construction of research and development, production and operation centers.” Recently, the Ministry of Industry and Information Technology clearly stated that “enhanced opening up, encourage domestic and foreign enterprises to actively cooperate, and use policies to guide the improvement of cooperation quality” is an important policy that China will support the semiconductor and integrated circuit industries. These have created a good policy environment for the establishment of NXP (China) Management Co., Ltd.

For the establishment of China Headquarters, NXP Semiconductors CEO Rick Clemmer said: "The Chinese market is the top priority of NXP's global development strategy. We have long invested in the world's leading technology resources in China and are committed to providing the Chinese market and customers. The most innovative solution in the field of smart living and secure connectivity. The establishment of NXP (China) Management Co., Ltd. further strengthens our commitment to the Chinese market and our customers and our continued investment in the Chinese market."

This week, during the visit of Dutch Prime Minister Mark Rutte, he said: "The Netherlands has always been China's top three trade partners in the EU. The Netherlands-China cooperation spans technological innovation, agriculture, and energy conservation. In various fields such as platoon and urban planning, NXP has set up its China headquarters in Shanghai, reflecting the huge potential for cooperation in science and technology in the future."

Mr. Zheng Li, senior vice president and CEO of NXP Semiconductors, also said: “The establishment of NXP (China) Management Co., Ltd. is a new milestone for NXP's development in the Chinese market. We will use this as an opportunity to integrate NXP China. Resources, joint upstream and downstream enterprises, create an ecological chain, cooperate with Chinese enterprises through product innovation, respond to global competition, become a model of inclusive growth partners in China, and provide high-quality cooperation in industrial innovation to support China. The government will achieve the country's new industrialization and informationization goals in the near future."

About NXP Semiconductors

NXP Semiconductors NV. (NASDAQ: NXPI) is committed to providing secure and secure solutions for smart living. Based on the expertise of high-performance mixed-signal, NXP continues to innovate in applications such as connected cars, network security, portable and wearable applications, and the Internet of Things. The company has business executives in more than 25 countries around the world. In 2014, the company's turnover reached US$ 5.65 billion.

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