Ron Burgundy Posted November 5, 2016 Share Posted November 5, 2016 By Harro Ten Wolde MUNICH (Reuters) - NXP Semiconductor, the world's largest chip supplier to the automotive industry, expects efforts to make self-driving cars will lead to more consolidation in its sector, the company's automotive head told Reuters. "Automotive has been driving M&A and will be the force behind M&A in the chip sector for some time. The chip industry has been undergoing rapid consolidation as companies try to capture market share, much of it related to connected devices and cars, as smartphone sales growth flattens. View the full article Quote Link to comment Share on other sites More sharing options...
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