Index Composed of the 100 Largest Non-Financial Stocks Listed on NASDAQ
EINDHOVEN, THE NETHERLANDS -- (Marketwired) -- 12/16/13 -- NXP Semiconductors N.V. ("NXP") (NASDAQ: NXPI) today announced that it has been added to the NASDAQ-100 Index® by The NASDAQ Stock Market, effective with the market open on Monday, December 23, 2013. The NASDAQ-100 Index is composed of the 100 largest non-financial stocks listed on The NASDAQ Stock Market based on market capitalization.
"We are proud to become a member of such a prestigious group and be recognized as one of the 100 most valuable companies on the NASDAQ," said Rick Clemmer, CEO and President, NXP Semiconductors. "Since our IPO in 2010 we have consistently outgrown the market -- this demonstrates that our strategy of providing unique and differentiated product solutions continues to resonate with the market."
Launched in January 1985, the NASDAQ-100 Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. The full NASDAQ-100 Index lists can be found at http://www.nasdaq.com.
This document includes forward-looking statements, which include statements regarding NXP's business strategy, financial condition, results of operations and market data, as well as other statements that are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after NXP distributes this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in NXP's SEC filings. Copies of NXP's SEC filings are available from the SEC website, www.sec.gov.
About NXP Semiconductors
NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable secure connections for a smarter world. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the automotive, identification and mobile industries, and in application areas including wireless infrastructure, lighting, healthcare, industrial, consumer tech and computing. NXP has operations in more than 25 countries, and posted revenue of $4.36 billion in 2012. Find out more at www.nxp.com.
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Source: NXP Semiconductors