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NXPI NXP Semiconductors NV

249.43
-6.76 (-2.64%)
After Hours
Last Updated: 21:15:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
NXP Semiconductors NV NASDAQ:NXPI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.76 -2.64% 249.43 247.60 254.45 258.21 246.55 253.35 3,538,056 21:15:03

NXP Semiconductors Divests Stake in Advanced Semiconductor Manufacturing Corporation Ltd.

19/04/2017 4:09pm

GlobeNewswire Inc.


NXP Semiconductors NV (NASDAQ:NXPI)
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NXP Semiconductors N.V. (NASDAQ:NXPI) today announced that the company has sold its shares in Advanced Semiconductor Manufacturing Corporation Ltd. (ASMC).

The company sold 421.45 million shares, representing a 27.47 percent ownership in ASMC, for a total consideration of $53.7 million USD, or 0.99 HKD per share. The sale was made to Shanghai Pudong Science and Technology Investment Co., Ltd, (PDSTI). ASMC is traded on the Hong Kong Stock Exchange (stock code: 3355).

This announcement is for informational purposes only.

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. Find out more at www.nxp.com.

For further information, please contact:

Investors:	
Jeff Palmer
jeff.palmer@nxp.com
+1 408 518 5411

Media:
Jacey Zuniga
jacey.zuniga@nxp.com
+1 512 895 7398

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