NXP secures €1 billion loan from EIB for semiconductor R&D in Europe
The loan aims to advance NXP's research in automotive, industrial and IoT semiconductor solutions across European countries until 2026
As reported in a press release on Jan. 16, NXP Semiconductors has announced a significant boost to its research, development, and innovation (RDI) efforts through a €1 billion loan from the European Investment Bank (EIB).
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