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NXP Semiconductors Announces Conference Call to Review First Quarter 2021 Financial Results

NXP Semiconductors Announces Conference Call to Review First Quarter 2021 Financial Results
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NXP Resumes Operations at Austin, Texas Facilities Following Weather-Related Shutdown and

Press release content from Globe Newswire. The AP news staff was not involved in its creation. NXP Resumes Operations at Austin, Texas Facilities Following Weather-Related Shutdown and . NXP USA, Inc.March 11, 2021 GMT EINDHOVEN, The Netherlands and AUSTIN, TX, March 11, 2021 (GLOBE NEWSWIRE) NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it has resumed initial operations at its manufacturing facilities in Austin, Texas following the severe winter storm and corresponding widespread disruption of gas, electricity and water recently experienced across Texas. The storm and subsequent loss of utilities damaged NXP’s two wafer manufacturing facilities in Austin and caused a full shutdown that began on February 15.

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Weeks after freeze, Samsung s Austin fab remains shut down

Weeks after it was shut down amid power outages during last month s Texas freeze, Samsung s Austin fabrication facility still has not resumed operations. The situation is likely costing the technology giant millions of dollars, industry experts said. Coupled with the simultaneous shutdown of NXP Semiconductors two Austin fabrication facilities, the situation is turning into an economic disaster for the semiconductor industry in Central Texas, said Ed Latson, executive director of the Austin Regional Manufacturers Association. Samsung, which is the biggest electricity user on Austin Energy s power grid, and NXP were among several large industrial power users that were ordered to shut down their Austin operations the week of Feb.15.

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Samsung, NXP chip fabs remain shutdown in Austin; What s the impact?

Samsung, NXP chip fabs remain shutdown in Austin; What s the impact?
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Samsung s Austin fab has yet to resume full operations following storm

Samsung s Austin fab has yet to resume full operations following storm
statesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from statesman.com Daily Mail and Mail on Sunday newspapers.

United statesMatt brysonSamsung austinJacey zunigaRoger kayEd latsonKara carlson austinPatrick moorheadNational instrumentsReliable energyAustin energyAustin regional manufacturers associationEndpoint technologies associatesCoalition for cleanMichele glazeCentral texas