SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › Manufacturer › NXP sues a startup founded by its former employees
  • 0

NXP sues a startup founded by its former employees

SemiMediaEdit
December 24, 2018

According to media reports, NXP recently sued Semidrive, a semiconductor company founded by several former employees.

The reason for NXP’s suit against Semidrive is that these former employees have started to create new companies with the same business operations during NXP’s work and persuaded NXP’s technical team to join the company they set up.

Founded in June 2018, Semidrive has R&D centers in Nanjing and Shanghai. According to public information, the chairman of Semidrive, Zhang Qiang, has nearly 20 years of experience in the automotive electronics industry and the automotive semiconductor industry. He is responsible for the Greater China region in well-known companies such as Delphi Automotive, Philips Semiconductors, Infineon Semiconductor, and Freescale Semiconductor. In June 2018, he co-founded Semidrive Semiconductor and became chairman.

According to the Semidrive official website, it is a startup that specializes in the design and manufacture of intelligent driving chips for cars. The founders are all from the world famous automotive semiconductor companies, with more than 20 years of chip design, marketing and sales experience. The team is committed to building Semidrive into a leader in China's automotive smart chips and becoming a global leader in smart driving chips.

According to industry sources, Semidrive's angel round of financing has received a total investment of 100 million yuan, and has reached strategic cooperation intentions with a number of customers. In addition, there are many well-known investment companies interested in it. A startup with such high attention and funding is rare in the industry. With a technical team and funding, Semidrive's chip manufacturing project can be launched quickly. Although it takes time for the chip to enter the market, because the team is from NXP and will become a direct competitor of NXP in the future, and has a substantial impact on its market share, this is the direct reason for NXP to bring it to court.

Related

electronic components news NXP
Silicon Labs launches next-generation Z-Wave 700 to drive smart home development
Previous
Cypress acquires Cirrent to further strengthen leadership in the IoT Market
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Mouser Electronics expands to the Philippines with local customer service center
Qualcomm ranked first in the world's top ten IC design companies
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
TSMC’s CoWoS capacity to reach 75,000 wafers/month by end-2025

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

Diodes expands automotive bipolar transistor lineup for power control applications

Diodes expands automotive bipolar transistor lineup for power control applications

December 22, 2025
0
TDK launches HVC27*MC compact high-voltage DC contactor with mirror contact

TDK launches HVC27*MC compact high-voltage DC contactor with mirror contact

December 19, 2025
0
Vishay launches fast-acting thin film chip fuses for circuit protection

Vishay launches fast-acting thin film chip fuses for circuit protection

December 18, 2025
0
ROHM rolls out low-power DC motor driver ICs for appliance and industrial uses

ROHM rolls out low-power DC motor driver ICs for appliance and industrial uses

December 17, 2025
0
1
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator