Goodix Expands Footprint in Audio Markets with the Acquisition of NXP’s Voice and Audio Solutions
Time : 2019-08-16
Source : Goodix
Shenzhen, China, August 16, 2019 -- Shenzhen Goodix Technology Co., Ltd. (SH: 603160) today
announces a definitive agreement with NXP Semiconductors (NASDAQ: NXPI) under
which it will acquire all assets of NXP Semiconductors’ Voice and Audio
Solutions (VAS). The transaction includes employees which are based in Europe
and Asia, and relevant intellectual properties.
As a market leader of smart amplifier
solutions, NXP’s VAS business offers premium voice and audio solutions for
leading smartphone manufacturers worldwide. The portfolio includes software and
hardware solutions for mobile devices and various IoT applications. As part of
the transaction, Goodix will acquire certain voice and audio intellectual
properties, as well as an industry leading engineering team. This will extend
Goodix’s innovative product portfolio in the mobile market and strengthen its
strategic deployment in the IoT field.
“The acquisition represents a strategic
move in Goodix’s growth plan,” says David Zhang, CEO, Goodix.
“The transaction will enhance our existing mobile and IoT product lines, significantly
strengthen our R&D capabilities in audio applications such as hearables,
allowing us to offer our customers a more comprehensive portfolio and
accelerate Goodix’s strategic development via innovation.”
As a landmark onward step in Goodix’s IoT
development after its success in the mobile market, the acquisition reflects
Goodix’s commitment and ultimate pursuit of becoming a world-leading
comprehensive innovator in the semiconductor industry.
About Goodix
Goodix Technology (SH: 603160) is an integrated solution provider for applications based on IC design and software development offering industry-leading software and hardware semiconductor solutions for smart devices, IoT applications, and automotive electronics. Goodix serves hundreds of millions of global consumers with quality products and solutions via renowned brands including Huawei, OPPO, vivo, Xiaomi, OnePlus, Google, Amazon, Samsung, Nokia, Dell, HP, LG, ASUS, etc., and is recognized as the largest biometric authentication solution provider for Android devices in the global market. For more information, visit www.goodix.com.