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NXP earmarks $124M for Singapore Wireless USB base

Posted: 26 Jul 2007 ?? ?Print Version ?Bookmark and Share

Keywords:Wireless USB? Singapore base? $124M investment?

NXP Semiconductors has set aside $124 million to expand its Wireless USB technology base in Singapore. The investment is part of the company's efforts to help advance Wireless USB as a mainstream technology for mobile computing users.

The five-year commitment will involve collaboration between NXP's USB Innovation Center in Singapore and its U.S. counterparts to build the Asian facility's expertise in Wireless USB development. This encompasses standardization, IC design, test and product engineering, and system and software development. The two teams will also cooperate in marketing the technology.

A company statement quoted Marc Cetto, EVP and general manager of the mobile and personal business unit at NXP, as saying that the investment was ideal given the country's multicultural, knowledge-intensive manpower. "Together with the support of Singapore's Economic Development Board (EDB), [this] empowers the development of state-of-art Wireless USB to further our leadership position," he remarked, referring to NXP's pole position in the USB transceiver market.

The EDB's Swee-Nian Lim, who chairs the board's electronics cluster, was no less delighted with the NXP move. "NXP's decision to expand its Singapore Innovation Center for its ongoing developments in Wireless USB is an endorsement of Singapore's strengths in cutting-edge innovation in technology and strong foundation in electronics industry," the official said. "Since its inception more than 10 years ago, the NXP Innovation Center has trained and developed a core group of high-caliber R&D talent and strengthened the semiconductor industry in Singapore."




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