NXP Appoints Industry Veteran to Lead Microcontroller Business
Jim Trent Joins NXP as VP and GM of Microcontroller Business Line
(firmenpresse) - EINDHOVEN, THE NETHERLANDS and SAN JOSE, CA -- (Marketwire) -- 03/29/12 -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that it has appointed Jim Trent as vice president and general manager of its microcontroller business line. Jim will be based in San Jose, California, and will lead NXP's microcontroller business worldwide, reporting to Alexander Everke.
"Over the past 15 years, the microcontroller business at NXP has had remarkable growth, as we've transformed our business to focus on the 32-bit ARM platform," said Alexander Everke, executive vice president of the High Performance Mixed Signal business unit, NXP Semiconductors. "Jim Trent brings tremendous experience and vision to his new role, and we are confident that he will take the NXP microcontroller business to the next level."
Jim has over 25 years of senior management experience in the semiconductor industry. He comes to NXP from Renesas Electronics America, Inc., where he was vice president of the Automotive business unit. Prior to joining Renesas, Jim was vice president and general manager of the Multipurpose Microcontrollers and Automotive Group for NEC Americas, Inc. Before that, he held a variety of leadership roles at Motorola, Inc.
"With the industry's broadest ARM microcontroller portfolio along with a strong analog IP portfolio, NXP is well positioned to accelerate growth as the importance of sensor signal-processing increases," said Jim Trent, vice president and general manager, microcontroller business line, NXP Semiconductors. "I am excited to join such a dynamic organization, and am particularly impressed with the spirit of collaboration, the strong system knowledge, and the application insights across NXP."
Information on the NXP microcontroller business is available at
NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.2 billion in 2011. Additional information can be found by visiting .
This document includes forward-looking statements which include statements regarding NXP's business strategy, financial condition, results of operations, and market data, as well as any other statements which are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties include the following: market demand and semiconductor industry conditions; the ability to successfully introduce new technologies and products; the end-market demand for the goods into which NXP's products are incorporated; the ability to generate sufficient cash, raise sufficient capital or refinance corporate debt at or before maturity; the ability to meet the combination of corporate debt service, research and development and capital investment requirements; the ability to accurately estimate demand and match manufacturing production capacity accordingly or obtain supplies from third-party producers; the access to production capacity from third-party outsourcing partners; any events that might affect third-party business partners or NXP's relationship with them; the ability to secure adequate and timely supply of equipment and materials from suppliers; the ability to avoid operational problems and product defects and, if such issues were to arise, to correct them quickly; the ability to form strategic partnerships and joint ventures and to successfully cooperate with alliance partners; the ability to win competitive bid selection processes to develop products for use in customers' equipment and products; the ability to successfully establish a brand identity; the ability to successfully hire and retain key management and senior product architects; and, the ability to maintain good relationships with our suppliers. In addition, this document contains information concerning the semiconductor industry and NXP's business segments generally, which is forward-looking in nature and is based on a variety of assumptions regarding the ways in which the semiconductor industry, NXP's market segments and product areas may develop. NXP has based these assumptions on information currently available, if any one or more of these assumptions turn out to be incorrect, actual market results may differ from those predicted. While NXP does not know what impact any such differences may have on its business, if there are such differences, its future results of operations and its financial condition could be materially adversely affected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak to results only as of the date the statements were made. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after we distribute this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in our SEC filings. Copies of our SEC filings are available from on our Investor Relations website, or from the SEC website, .
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Datum: 29.03.2012 - 02:00 Uhr
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