Saturday, March 27, 2010

NXP going IPO

Their biggest growth area will be E Traffic:

Want to take the lead in the developing telematics market? Combining GNSS, mobile and advanced security technology, NXP's ATOP offers you a cost-effective route to implementing driver applications from road pricing to eCall and stolen vehicle tracking.
They have sold one billion near field communications chips.
I have NAVTEQ in my investment new feed for this story:
NAVTEQ, the leading global provider of digital map, traffic and location data for in-vehicle, portable, wireless and enterprise solutions is having its Map & Positioning Engine concept taken significantly closer to production by the development of a reference application in collaboration with NXP Semiconductors and the electronics and software specialist, Technolution.
With a billion cars, new and old, the chip market for automobile Black Boxes is huge, and starting last year the market should show 20% compound growth over the next five years.

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