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What does NXP stand for?

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What does NXP stand for?

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NXP stands for the consumer's \u201cnext experience,\u201d according to CEO Frans van Houten. NXP is also associated with Philips Semiconductors' Nexperia platform where audio and video processing technologies reside. The NXP trademark will include a \u201cFounded by Philips\u201d tagline as part of its branding.

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