Company Directory - NXP Semiconductors N.V.
Company Details - NXP Semiconductors N.V.
NXP Semiconductors N.V.
WebsiteEindhoven, Netherlands
NXP Semiconductors is a global semiconductor company specializing in secure connectivity solutions for embedded applications.
CCI Score
CCI Score: NXP Semiconductors N.V.
-1.43
0.01%
Latest Event
EIB Grants €1 Billion Loan to NXP to Boost European Semiconductor Innovation
The European Investment Bank (EIB) has granted NXP Semiconductors a €1 billion loan to fund research, development, and innovation. The initiative is aimed at strengthening Europe's critical semiconductor and chip business, aligning with the EIB’s Strategic Tech-EU programme, which seeks to accelerate digitalisation and innovation in strategic technologies.
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BYSTANDER
NXP Semiconductors N.V. is currently rated as a Bystander.
Latest Events
- JAN162025
The European Investment Bank (EIB) has granted NXP Semiconductors a €1 billion loan to fund research, development, and innovation. The initiative is aimed at strengthening Europe's critical semiconductor and chip business, aligning with the EIB’s Strategic Tech-EU programme, which seeks to accelerate digitalisation and innovation in strategic technologies.
+40
Economic and Structural Influence
March 28
Acceptance of a substantial €1 billion loan from the European Investment Bank is a strong signal of economic collaboration aimed at bolstering critical European industries. By investing in research, development, and innovation within the semiconductor sector, NXP is contributing to a robust and resilient economic infrastructure that supports democratic values and reduces dependence on authoritarian or oligarchic economic structures.
EIB grants €1 billion loan to NXP to strengthen Europe’s critical businesses
+20
Technology and Services Impact
March 28
The loan will support advanced research and innovation in semiconductor technology, reinforcing the role of NXP in developing secure and cutting-edge connectivity solutions. This technological investment not only advances the firm’s product capabilities but also contributes to strengthening the overall European chip ecosystem, aligning with progressive initiatives in technological development.
EIB grants €1 billion loan to NXP to strengthen Europe’s critical businesses
- JAN152025
NXP Semiconductors announced it secured a €1 billion loan from the European Investment Bank to support its research, development, and innovation efforts across several EU countries, reinforcing European technological leadership and infrastructure.
+50
Technology and Services Impact
March 28
The infusion of funds is directly aimed at advancing semiconductor technology and innovation, which is critical for ensuring secure, decentralized technology infrastructures that oppose fascist centralization and promote modern, progressive tech ecosystems.
NXP Secures €1 Billion EIB Loan to Advance Semiconductor Innovation in Europe
+40
Public and Political Behavior
March 28
The collaboration with a major public institution like the EIB highlights constructive public and political behavior that supports EU priorities and democratic innovation. This alliance enhances public infrastructure and reinforces values that resist authoritarian centralization.
NXP Secures €1 Billion EIB Loan to Advance Semiconductor Innovation in Europe
+40
Economic and Structural Influence
March 28
By securing significant financing to bolster its RDI and production capacities, NXP contributes to a more resilient European technology infrastructure. This strengthens economic structures in a way that diminishes reliance on centralized, potentially authoritarian supply chains.
NXP Secures €1 Billion EIB Loan to Advance Semiconductor Innovation in Europe
- DEC312024
In the 2024 cycle, NXP Semiconductors contributed $105,252 and spent $330,000 on lobbying, according to an OpenSecrets profile. This financial engagement highlights the company's active participation in political processes, raising concerns about corporate influence on policy and democratic accountability.
-50
Political Contributions and Lobbying Efforts
March 28
The reported political contributions and lobbying expenditures demonstrate significant corporate involvement in shaping political agendas. From an anti-fascist perspective, such influence—especially when not transparently aligned with public interest—can undermine democratic processes and favor corporate interests over those of marginalized communities.
- MAR222024
Workers at Nexperia Philippines, a subsidiary of NXP Semiconductors, protested against planned temporary layoffs and alleged union-busting practices that reportedly violate collective bargaining agreements and secure labor rights.
-80
Labor Relations and Human Rights Practices
March 28
The article details union protests over planned layoffs and alleged union-busting by Nexperia management, highlighting a disregard for workers' rights and collective bargaining agreements. Such practices undermine worker security and fair labor practices, aligning with authoritarian labor strategies.
- MAR192024
The Center for Trade Union and Human Rights (CTUHR) reported concerns over recent and planned layoffs at Nexperia Philippines Incorporated (formerly NXP and Philips Semiconductors) during ongoing Collective Bargaining Agreement negotiations. The layoffs, including the dismissal of union officials, are alleged to undermine workers’ rights and the security of tenure, continuing a pattern observed in previous years.
-80
Labor Relations and Human Rights Practices
March 28
The reported layoffs—including the dismissal of union officials during sensitive CBA negotiations—demonstrate a disregard for labor rights. Such actions undermine the security of tenure and collective bargaining efforts, echoing past incidents under the company's predecessors. This type of behavior contributes to an erosion of workers' rights and empowers authoritarian management practices, warranting a strongly negative rating.
Layoffs at electronics firm show signs of labor rights violations
- MAR192024
CTUHR has condemned the layoffs and planned retrenchments at Nexperia Philippines during ongoing collective bargaining negotiations. The article highlights concerns that these actions undermine collective bargaining and mirror past labor rights violations by the predecessor, NXP Semiconductors.
-75
Labor Relations and Human Rights Practices
March 28
The decision to retrench workers during crucial collective bargaining negotiations indicates a disregard for worker rights and union representation. This mirrors earlier incidents at NXP Semiconductors where union officials were retrenched, suggesting a systematic pattern of undermining labor rights for profit. These actions are viewed negatively from an anti-authoritarian, labor-justice perspective.
[Statement] Layoffs at electronics firm show signs of labor rights violations | CTUHR
- DEC312023
According to OpenSecrets data, NXP Semiconductors spent $330,000 on lobbying in 2023, engaging in corporate political influence by targeting various legislative bills.
-40
Political Contributions and Lobbying Efforts
March 28
NXP Semiconductors' expenditure of $330,000 on lobbying in 2023 is indicative of significant corporate political influence. From an anti-fascist perspective, such heavy lobbying is viewed critically as it may contribute to the entrenchment of corporate interests over democratic processes, potentially undermining progressive reforms.
- DEC312023
NXP Semiconductors has demonstrated a comprehensive supplier engagement program. The company conducts rigorous social responsibility audits across its supply chain, promotes diversity and inclusion among suppliers, and has implemented robust grievance mechanisms to safeguard workers from retaliation or discrimination. The program's strong performance in 2023, including a high corrective action closure rate and regular reviews by the Ethics Committee, underscores its commitment to ethical labor practices and supply chain oversight.
+65
Labor Relations and Human Rights Practices
March 28
NXP's audit program and grievance mechanisms actively protect labor rights. The focused efforts to address 'Labor and Human Rights' issues, including regular supplier audits and corrective follow-up procedures, reflect a strong commitment to fair labor practices and support for workers, which is aligned with anti-authoritarian and anti-fascist principles.
+70
Supply Chain Ethics
March 28
By ensuring its suppliers adhere to a strict Code of Conduct and by actively tracking and closing nonconformances, NXP underscores its commitment to ethical supply chain practices. Such rigorous oversight and inclusion efforts promote safe working conditions and transparency, which are critical in resisting exploitative practices that can underpin authoritarian regimes.
- OCT012023
NXP Semiconductors has published its Human Rights Policy, reaffirming its commitment to uphold international labor and human rights laws, ensure supply chain due diligence, and maintain a respectful, inclusive workplace consistent with global human rights standards.
+80
Labor Relations and Human Rights Practices
March 28
By publishing its Human Rights Policy, NXP demonstrates a proactive commitment to international labor rights and human rights principles. This policy, which includes regular due diligence, clear remediation processes, and stakeholder engagement (including supply chain partners), positively supports the rights of workers and marginalized communities, aligning with progressive, anti-authoritarian values.
- JAN012023
OpenSecrets data reveals that NXP Semiconductors spent $330,000 on lobbying activities in 2023, reflecting the company's active political influence efforts which may prioritize corporate interests over broader democratic accountability.
-40
Political Contributions and Lobbying Efforts
March 28
The company's expenditure of $330,000 on lobbying in 2023 is indicative of its engagement in shaping policy through significant financial influence. From an anti-fascist perspective, such use of corporate funds to influence political processes can undermine democratic accountability and disproportionately favor corporate interests over the rights and needs of workers and marginalized communities.
- JAN012023
In 2023, NXP Semiconductors refreshed its Human Rights Management System to align with the Human Rights Policy published in 2022. The update emphasizes enhanced due diligence, risk assessments, and compliance monitoring to ensure respect for workers' rights across its operations and supply chain.
+80
Labor Relations and Human Rights Practices
March 28
NXP's update to its Human Rights Management System demonstrates a strong commitment to ethical business practices and the protection of labor rights. The enhanced due diligence measures and supply chain monitoring reflect progressive efforts to uphold human rights standards, which is a positive development from an anti-fascist and pro-worker rights perspective.
- JAN012023
NXP Semiconductors spent $330,000 on lobbying in 2023, according to OpenSecrets data, highlighting the company's active engagement in political lobbying that may influence federal policy and democratic accountability.
-80
Political Contributions and Lobbying Efforts
March 28
The expenditure of $330,000 on lobbying in 2023 demonstrates NXP Semiconductors’ commitment to influencing political processes. This kind of corporate political spending can undermine democratic transparency and empower corporate interests over public welfare, which is viewed negatively from an anti‐fascist perspective.
- JUN012021
NXP Semiconductors published its 2021 Slavery and Human Trafficking Statement, detailing comprehensive due diligence measures on labor rights and addressing issues such as forced labor and unethical recruitment practices. The document outlines progressive supplier audits, remediation actions like reimbursing recruitment fees to vulnerable migrant workers, and robust policies to uphold human rights and worker dignity.
+80
Labor Relations and Human Rights Practices
March 28
The statement demonstrates strong commitment to labor rights and ethical business practices. By outlining extensive due diligence measures and transparent remediation processes for issues like forced labor and wage discrepancies, NXP exhibits a progressive approach that supports worker dignity and fair labor practices, aligning with anti-fascist and anti-authoritarian values.
- JAN112021
NXP Semiconductors published an extensive modern slavery and human trafficking statement outlining its strict internal labor policies, supply chain due diligence, supplier audits, training programs, and worker grievance mechanisms. The report details efforts to enforce a no-fees policy, protect worker rights across global operations, and collaborate with external stakeholders to improve ethical conduct throughout its supply chain.
+85
Labor Relations and Human Rights Practices
March 28
NXP’s report demonstrates a strong commitment to labor rights by implementing rigorous training programs, clear no-fees policies, and effective worker grievance procedures that help combat modern slavery and human trafficking. This proactive stance protects marginalized workers and aligns with progressive labor practices.
+80
Supply Chain Ethics
March 28
The document details extensive supply chain oversight measures including comprehensive risk assessments, supplier audits, and corrective action plans. These efforts to eliminate forced labor and unethical recruitment practices show robust commitment to ethical business conduct and transparency in supply chain management.
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