Aimed at providing a platform to share knowledge and explore avenues for nurturing innovation
New Delhi, May 22, 2017: NXP India; a world leader in secure connectivity solutions for embedded applications; recently concluded its technical symposium, with hundreds of enthusiastic attendees across multiple NXP sites in India. The symposium highlighted the key trends which are driving the company’s growth such as Advanced Driver Assistance Systems (ADAS), Internet of Things (IoT), security, automotive, and payments. The inaugural edition of the event was attended by NXP Global leaders such as Lars Reger, Senior Vice president and Chief Technology Officer for Automotive, Richard House, Vice President, Digital Networking Software, and Chris Collins, Senior Vice President, Product and Technology Enablement.
During the three-day symposium, leaders shared their insights on the automotive industry and emphasized on the importance of innovation. There were different themes on each day, from paper presentations on key innovations to special technical presentations from tech streams to global market insights and trends by the global leaders to name a few. Further, a panel discussion was organized on IoT security that was driven and conducted by NXP global leaders and industry experts across India. The leaders discussed various aspects of IoT and highlighted the importance of secured connectivity for the IoT revolution to grow. Furthermore, Prof. M. Balakrishnan, Deputy Director (Strategy & Planning), Professor, Department of Computer Science & Engineering, IIT Delhi, gave the key-note speech on ASSISTECH: Technology Solutions for the Mobility & Education of the Visually Impaired. It highlighted the key role technology plays in improving the life of the differently-abled.
Speaking about the occasion, Sanjay Gupta, Vice President and India Country Manager said: “We were happy to host the Tech Symposium for our talented engineers and grateful to the entire NXP leadership team for their encouragement and immense support. The symposium aimed at providing a platform for our technical community to share knowledge, showcase niche technological developments, mutual learnings and explore avenues for nurturing innovation across multiple levels”.
NXP is a leader in high-performance mixed-signal semiconductor electronics, with innovative products and solutions, and leadership positions in automotive, broad-based microcontrollers, secure identification, network processing and RF power. A top semiconductor solutions supplier to the automotive industry, NXP also has leading positions in automotive infotainment, networking and safety systems. NXP has a broad customer base, serving more than 25,000 customers through its direct sales channel and global network of distribution channel partners.
NXP recently announced its financial results for the first quarter that ended in April 2, 2017, delivering solid seasonal results, with a revenue of $2.21 billion. The first quarter results are a strong step towards the successful integration of Freescale and NXP. With the divestment of NXPs Standard Products group, the overall product portfolio has a sharpened focus on higher growth, desirable margins, and stickier market segments.
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ: NXPI) enables secure connections and infrastructure 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 secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 31,000 employees in more than 33 countries and posted revenue of $9.5 billion in 2016.