NXP to invest $22M in Austin, Arizona to make chips more secure for U.S. government

NXP Semiconductors NV is pouring millions of dollars into its United States manufacturing operations, including in Austin, to produce more chips that meet the rigorous standards needed for technology that protects national secrets.
The Netherlands-based company announced July 20 plans to spend $22 million to expand its production capabilities in the Texas capital and Chandler, Arizona.
The expansion will allow NXP (Nasdaq: NXPI) to produce more secure chips for U.S. government agencies, including…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal https://www.bizjournals.com/austin/news/2017/07/24/nxp-to-invest-22m-in-austin-arizona-to-make-chips.html?ana=RSS%26s=article_search

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