NXP Semiconductors NV was incorporated in the Netherlands as a Dutch private company with limited liability under the name KASLION Acquisition B.V. on August 2, 2006. In August 2010, the Company made an initial public offering of 34 million shares of its common stock and listed its common stock on the NASDAQ Global Select Market. The Company is a semiconductor company. It provides High-Performance Mixed-Signal and Standard Product solutions that leverage its deep application insight and its technology and manufacturing expertise in security, interface, RF, analog, power management and digital processing products. Its product solutions are used in automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company operates in over 25 countries, with research and development activities in Asia, Europe and the United States, and manufacturing facilities in Asia and Europe. The Company's segments are High Performance Mixed Signal and Standard Products. The High Performance Mixed Signal segment is engaged in developing products and system and sub-system solutions that allow its customers to bring their end products to market more quickly. Its products, particularly application system and sub-system solutions, help its customers design critical parts of their end products and thus help many of them to differentiate themselves based on feature performance, functionality, cost or time-to-market. The Standard Products segment supplies a broad range of standard semiconductor components, such as small signal discretes, power discretes, protection and signal conditioning devices and standard logic devices, which it largely produces in dedicated in-house high-volume manufacturing operations. Its portfolio consists of variety of catalog products, using widely-known production techniques, with characteristics that are largely standardized throughout the industry as well as discrete solutions especially in the field of ESD protection / EMI filtering and low loss rectification and power switching. The Company competes with Analog Devices Inc., Atmel Corporation, Entropic Communications Inc., Fairchild Semiconductors International Inc., Freescale, Infineon, Linear Technology Corporation, Maxim Integrated Products, Inc., MaxLinear, Renesas, ON Semiconductor Corporation, Power Integrations Inc., ROHM Co., Ltd., Silicon Laboratories Inc., STMicroelectronics and Texas Instruments Incorporated.