# NXP Semiconductors sells RF power business to JAC Capital

NXP Semiconductors agreed to sell its entire radio frequency (RF) power business to Chinese state-owned private equity firm Jianguang Asset Management (JAC Capital). The divestiture includes a manufacturing building in the Philippines, a laboratory in the Netherlands, and all related patents and employees.

- Type: Acquisition
- Announced: 2023-11-08
- Where: China
- Status: announced
- Products: RF power amplifiers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [NXP Semiconductors](https://endata.com/companies/19521.md) (partner)
- [Jianguang Asset Management](https://endata.com/companies/73585.md) (acquirer)

## Sources

- [avcj.com](https://www.avcj.com/avcj/news/54896/nxp-semiconductors-sells-power-assets-to-china-s-jac-capital), 2023-11-08: "The divestiture package provides Jianguang Asset Management with the assets it needs to compete effectively in the RF power amplifier market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.