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MarketScreener Homepage  >  Equities  >  Nasdaq  >  NXP Semiconductors N.V.    NXPI   NL0009538784

NXP SEMICONDUCTORS N.V.

(NXPI)
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NXP Semiconductors N : , Amazon partner to connect cars to cloud computing services

11/17/2020 | 02:00am EST

Nov 17 (Reuters) - Dutch chipmaker NXP Semiconductors on Tuesday said it had entered a strategic relationship with Amazon.com's cloud computing unit to help cars communicate with data centers.

NXP is one of the biggest suppliers of computing chips to automakers and Amazon Web Services is the largest cloud computing service by revenue. The companies said the partnership would involve making a new NXP chip designed to aggregate data from a car's systems and send it over the internet to work better with Amazon's data centers.

“We see the opportunity to help (automakers) make impactful improvements throughout vehicle life cycles with new vehicle data insights and the ability to make continuous improvements using machine learning and over-the-air updates," Henri Ardevol, executive vice president and general manager of automotive processing at NXP Semiconductors, said in a statement.

The two companies said they would give more details about the partnership in a web presentation on Nov. 19. (Reporting by Stephen Nellis in San Francisco; Editing by Christian Schmollinger)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -0.84% 3298.57 Delayed Quote.2.12%
NXP SEMICONDUCTORS N.V. -3.19% 163.62 Delayed Quote.6.13%
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Financials (USD)
Sales 2020 8 565 M - -
Net income 2020 11,0 M - -
Net Debt 2020 5 092 M - -
P/E ratio 2020 -28 797x
Yield 2020 0,90%
Capitalization 47 208 M 47 208 M -
EV / Sales 2020 6,11x
EV / Sales 2021 5,27x
Nbr of Employees 29 400
Free-Float 88,2%
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Technical analysis trends NXP SEMICONDUCTORS N.V.
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 179,30 $
Last Close Price 168,75 $
Spread / Highest target 30,4%
Spread / Average Target 6,25%
Spread / Lowest Target -15,9%
EPS Revisions
Managers and Directors
NameTitle
Kurt Sievers President, Chief Executive Officer & Director
Peter Leahy Bonfield Non-Executive Chairman
David W. Reed Executive Vice President-Technology & Operations
Peter Kelly Chief Financial Officer & Executive Vice President
Petri Kuivala Chief Information Security Officer
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