NXPIN NXP Semiconductors NV

NXP Provides Update Regarding Impact of Severe Winter Weather on Austin, Texas Facilities

NXP Provides Update Regarding Impact of Severe Winter Weather on Austin, Texas Facilities

EINDHOVEN, The Netherlands and AUSTIN, Texas, Feb. 17, 2021 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today provided an update regarding the impact of the unusually severe winter weather conditions on its operations in Austin, Texas. Austin-area utility providers are prioritizing service to residential areas and for critical health, safety and human services. As a result, electricity and natural gas providers have temporarily suspended service to Austin semiconductor manufacturers, including NXP, requiring the company to idle manufacturing at its two Austin facilities. Affected customers are being notified directly by NXP of the potential for supply disruptions.

“We are carefully monitoring the situation and will resume operations in our Austin facilities as soon as possible,” said David Reed, executive vice president, Operations at NXP. “We are working to maintain our Austin factories in a safe state to enable high quality and reliable supply once operations restart. Once necessary utility services are restored, our operations team will be able to evaluate the impact of the shut down, and when full production will resume. In the meantime, our focus is on the health and safety of our employees and the Austin community.”

NXP also noted that all of its other manufacturing facilities outside Texas remain in full operation.

About NXP Semiconductors

NXP Semiconductors N.V. enables secure connections for a smarter world, advancing solutions that make lives easier, better, and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the automotive, industrial & IoT, mobile, and communication infrastructure markets. Built on more than 60 years of combined experience and expertise, the company has approximately 29,000 employees in more than 30 countries and posted revenue of $8.61 billion in 2020. Find out more at .

  
For further information, please contact:

  
Investors:Media:
Jeff PalmerJacey Zuniga
  

NXP-CORP



EN
17/02/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NXP Semiconductors NV

 PRESS RELEASE

NXP Semiconductors Reports Fourth Quarter and Full-Year 2025 Results

NXP Semiconductors Reports Fourth Quarter and Full-Year 2025 Results EINDHOVEN, The Netherlands, Feb. 02, 2026 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the fourth quarter, which ended December 31, 2025. “NXP delivered quarterly revenue of $3.34 billion, surpassing the midpoint of our guidance and reflecting sequential improvement across all end markets. Throughout 2025, we executed effectively despite a challenging first half, maintaining operational discipline while advancing our strategic priorities in software defined vehicles and ...

 PRESS RELEASE

NXP Semiconductors Announces Conference Call to Review its Fourth Quar...

NXP Semiconductors Announces Conference Call to Review its Fourth Quarter and Full Year 2025 Financial Results EINDHOVEN, The Netherlands, Jan. 15, 2026 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it will release financial results for the fourth quarter and full year 2025 after the close of normal trading on the NASDAQ Global Select Market on Monday, February 2, 2026. The company will host a conference call with the financial community on Tuesday, February 3, 2026, at 8:00 a.m. U.S. Eastern Standard Time (EST). Earnings Conference Call Details Interested pa...

 PRESS RELEASE

NXP Advances Edge AI Leadership with New eIQ Agentic AI Framework

NXP Advances Edge AI Leadership with New eIQ Agentic AI Framework New eIQ Agentic AI Framework enables autonomous agentic intelligence at the edge, adding a new pillar to NXP’s edge AI platformBrings agentic AI to the edge, delivering real-time autonomous decision making for use cases requiring low latency, high reliability and data privacyTrusted foundation for both experienced and new developers to rapidly prototype and deploy agentic AI designs for autonomous edge devices LAS VEGAS, Jan. 06, 2026 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced its new eIQ A...

 PRESS RELEASE

NXP and GE HealthCare Accelerate AI Innovation in Acute Care

NXP and GE HealthCare Accelerate AI Innovation in Acute Care Collaboration focuses on the development of two advanced edge AI concepts in anesthesiology and neonatal care designed to help improve patient care. LAS VEGAS and CHICAGO, Jan. 06, 2026 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) and GE HealthCare (NASDAQ: GEHC) today announced a collaboration to pioneer new advancements in edge AI innovation leveraging NXP’s long history in secure, high-performance edge processing and GE HealthCare’s deep experience in medical technology innovation. Beginning with new anesthesi...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch