(MENAFN– Trend News Agency)
BAKU, Azerbaijan, January 16. NXP
Semiconductors has secured a 1 billion euro loan from the European
Investment bank (EIB) to advance its research, development, and
innovation (RDI) initiatives in Europe, Trend reports.

The funding, with a six-year term and an approximate 4.75%
interest rate for dollar-denominated tranches, will support
projects at NXP’s facilities in Austria, France, Germany, the
Netherlands, and Romania through 2026.

This investment aligns with the EIB’s“Strategic Tech-EU”
program, which aims to accelerate innovation in key areas such as
microchips, artificial intelligence, and quantum computing.
Semiconductors, as essential components in digital and sustainable
technologies, play a pivotal role in enabling decarbonization and
supporting industries’ digital transitions.

“It is fundamental for Europe to remain a key player in critical
technology value chains,” said EIB Vice President Robert de Groot.
“With semiconductors central to the digital and green transitions,
their importance will only grow, and we are proud to support
strategic projects like this.”

NXP’s European teams are developing advanced automotive
processors, radar systems, energy-efficient solutions, and secure
in-vehicle networking. Beyond automotive technology, the company is
focusing on innovations such as AI-driven edge technologies, secure
edge identification, and NFC solutions for mobile devices and
wearables.

Maarten Dirkzwager, NXP’s Executive Vice President and Chief
Strategy Officer, emphasized the strategic importance of the
partnership:“This loan underscores our commitment to strengthening
Europe’s semiconductor ecosystem and ensuring its leadership in
global technology and sustainability. It complements initiatives
like the IPCEI and the European Commission’s semiconductor
policies.”

The funding will also contribute to building a robust European
chip ecosystem, aligned with the EU Chips Act and the Netherlands’
National Technology Strategy. In addition to developing
next-generation microprocessors and controllers, NXP aims to
enhance energy efficiency in its semiconductor designs, supporting
Europe’s broader technological and sustainability goals.

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