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Shin Park-je appointed as CEO of integrated NXP Semiconductors Korea...Freescale merger completed
World's 4th largest non-memory semiconductor company, world's 1st largest automotive semiconductor company, leading the general-purpose MCU market
NXP Semiconductors announced that it has completed the merger with Freescale Semiconductor, which has been in progress since March, and will be newly launched as an integrated NXP Semiconductors. Shin Park-je, Chairman of the integrated NXP Semiconductors Korea, has been appointed as the CEO.

▲NXP Semiconductor Korea Shin Bak-je, CEO and Chairman
The combined NXP will become a leader in high-performance mixed-signal (HPMS) semiconductors with annual sales of approximately $10 billion. In particular, it will become the world's fourth largest non-memory company, the world's number one automotive semiconductor company, and will establish a strong leadership position in general-purpose microcontrollers.
“Through this merger, NXP has become a semiconductor technology powerhouse and, as a leader in secure connections, will be able to provide customers with more complete solutions,” said Shin Park-je, president and CEO of NXP Semiconductors Korea. “We believe that we will be able to continue to achieve high growth that outpaces the market and create tremendous value for customers and shareholders.”
NXP Semiconductors announced that it has completed the merger with Freescale Semiconductor, which has been in progress since March, and will be newly launched as an integrated NXP Semiconductors. Shin Park-je, Chairman of the integrated NXP Semiconductors Korea, has been appointed as the CEO.
▲NXP Semiconductor Korea Shin Bak-je, CEO and Chairman
The combined NXP will become a leader in high-performance mixed-signal (HPMS) semiconductors with annual sales of approximately $10 billion. In particular, it will become the world's fourth largest non-memory company, the world's number one automotive semiconductor company, and will establish a strong leadership position in general-purpose microcontrollers.
“Through this merger, NXP has become a semiconductor technology powerhouse and, as a leader in secure connections, will be able to provide customers with more complete solutions,” said Shin Park-je, president and CEO of NXP Semiconductors Korea. “We believe that we will be able to continue to achieve high growth that outpaces the market and create tremendous value for customers and shareholders.”
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