NXP and Changan Automobile Announce Long-Term Strategic Partnership

Work together to build a highly competitive car entertainment platform to boost the innovation and upgrade of China's auto industry

Shanghai/Chengdu, China, August 25, 2017 – NXP Semiconductors (Nasdaq: NXPI, hereinafter referred to as “NXP”), the global leader in secure and connected automotive solutions, today at Changan International Auto Show with Changan Automobile It announced the establishment of a strategic partnership, and the two sides will carry out long-term and in-depth cooperation in the research and development of new technologies, jointly promote the formulation of industry standards and actively promote the application of new technologies, so that the combination of semiconductor technology innovation and automotive industry demand is more Tight and efficient.

NXP and Changan Automobile Strategic Cooperation Signing Site Photo

Left three: NXP Global Senior Vice President and President of Greater China Zheng Li Zuo 4: Chang Wei, Vice President of Changan Automobile

Based on the long-term cooperation strategy between the two parties, Changan will use NXP's i.MX6 application processor based on the existing large-scale adoption of the NXP's i.MX6 application processor, including: iXP's latest i.MX8 Series processors (including i.MX 8QuadMax, 8QuadPlus, 8Quad, 8QuadXPlus, 8DualXPlus and 8DualX), car radio chip Dirana 3, amplifier \PMIC power management, CAN transceiver, etc., support Changan "InCall" intelligent car entertainment system for the whole line Various models. Work together to build a Changan car entertainment information platform with sustainable industry competitiveness.

In the future, the two sides will also carry out exchanges and research and development around V2X workshop communication, NFC identification, ADAS technology applications, etc. Through the breakthrough design, the car will be transformed from simple transportation to mobile information hub to jointly promote industrial innovation and upgrading.

Li Wei, vice president of Changan Automobile, said: "Product competition is the core part of market competition. Intelligent networked vehicles are the future direction of the automotive industry. Changan Automobile began research and development of smart cars seven years ago and continuously deepened its research in related fields. Cross-border cooperation; NXP has world-leading technological advantages and R&D resources in the field of automotive electronics, and in recent years, close cooperation between the two parties has formed a win-win and long-term sustainable partnership. After becoming a long-term strategic partner, both parties are The in-depth cooperation in key technology areas will help Changan Automobile to further optimize its products, realize the international synchronization of advanced industry technologies, and establish its leading position in the field of technological innovation in China's automotive industry."

Zheng Li, senior vice president of NXP Global and president of Greater China, said: "We are very honored to have long-term strategic cooperation with Changan Automobile. Changan Automobile's 'Leading Culture' and NXP continue to challenge ourselves and always strive to lead the semiconductor technology. The concept of innovation is the same. NXP has a global lead in research and development capabilities and technical experience in the automotive semiconductor field. Through in-depth exchanges and cooperation, we share our technological achievements and forward-looking perspectives with our industry partners, and provide customized advanced technologies and solutions. Pu has a long-term commitment to the Chinese market. He hopes to promote innovation and development of local industries together with Chinese partners through cross-localization and industry cooperation."

In the Internet age, 90% of automotive innovation comes from electronic technology. As a global leader in automotive electronics and secure connected car innovation, NXP is an industry leader in ADAS, automotive infotainment systems, in-vehicle networks, vehicle-to-vehicle and vehicle-to-infrastructure (V2X). In September 2016, NXP joined hands with Changan Automobile and Neusoft Group to establish the “China Automotive Information Security Common Interest Group” to jointly promote the establishment and application of hardware-based automotive safety industry standards and escort China's automotive information security; May 2017 NXP became a member of the National Intelligent Networked Auto (Shanghai) Pilot Demonstration Zone and fully supported Shanghai's first large-scale vehicle networking DSRC technology road test in China. Changan Automobile is China's largest automaker and the first automaker to realize long-distance driverless driving. The cooperation between NXP and Changan Automobile will surely provide more excellent products for auto consumers, thus effectively helping China's auto industry to upgrade.

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