NXP Semiconductors N.V. (NXPI) provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide.
The company operates through two segments, High Performance Mixed Signal and Standard Products.
The High Performance Mixed Signal segment offers in-vehicle networking, car passive keyless entry and immobilization, and car radio and car audio amplifiers; lighting drivers; RF solutions, such as silicon tuners and AC-DC power conversion integrated circuits (ICs); and microcontrollers. This segment also develops audio software solutions that enable mobile device manufacturers to produce hand held products.
The Standard Products segment provides standard semiconductor components, such as small signal discretes, power discretes, protection and signal conditioning devices, and standard logic devices. The company also provides ICs and discrete semiconductors. Its products are used in automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer, and computing applications.
The Dutch company markets its products to various original equipment manufacturers, original design manufacturers, contract manufacturers, and distributors.
Shares have formed a bullish "cup and handle" after reports surfaced that the new generation of Apple's iPhones and iWatch will be equipped with the company's chip that powers near field communication (NFC). This is the heart of the Apple Pay. Higher share prices are expected for this stock.
52-Week Trading Range: $40.18 - $74.94
Entry Point: $73.40
Stop Loss: $69.70
Target Price: $80.75
We are closing NXPI at $74.70 after its 30 days expired without reaching our target price.