Connected cars driving consolidation in chip sector

The world’s largest car chipmaker, NXP Semiconductor, expects self-driving cars and connected devices will drive a wave of consolidation in the microprocessor sector. Euronews recently discussed an accelerating consolidation trend currently underway in the chip manufacturing market. A pivotal tie-up in the sector was Qualcomm’s $38 billion acquisition of NXP last week. Much of the business […]