NXP Semiconductors is a global semiconductor company headquartered in Eindhoven, Netherlands. It specializes in designing and manufacturing a wide range of products, including microcontrollers, processors, and connectivity solutions. NXP serves various industries, such as automotive, industrial, and consumer electronics, providing essential components for smart devices and systems. Founded in 2006 as a spin-off from Philips, NXP has grown through strategic acquisitions and innovations. The company is known for its focus on security and connectivity, particularly in the Internet of Things (IoT) and automotive markets. NXP's technologies enable advancements in areas like smart cities, autonomous vehicles, and mobile payments.