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Why ON Semiconductor Could Be The Big Loser If NXP Sells Standard Products Division
Friday, April 8, 2016 - 3:26pm | 476FBR said that a potential sale of NXP Semiconductors NV (NASDAQ: NXPI)'s standard products unit to a Chinese entity is bad for ON Semiconductor Corp (NASDAQ: ON). A Bloomberg report said NXP Semiconductors is weighing a sale of its standard products business, and may seek at least $2 billion for...
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NXP Semiconductors Gains 2%, Co. Said To Be Exploring $2 Billion Asset Sale
Friday, April 8, 2016 - 8:50am | 145According to a report by Bloomberg, NXP Semiconductors NV (NASDAQ: NXPI) may be looking for a buyer to acquire its $2 billion standards products business. NXP Semiconductors' standards products business is responsible for the mass production of chips used in phones, television sets and cars...