NXP Plans to Close or Sell Factories, Cut 4,500 Jobs (Update1) (Bloomberg.com)

Published on: Fri, 12 Sep 2008 07:38:16 GMT

Sept. 12 (Bloomberg) -- NXP BV, Europe's third-largest chipmaker, plans to sell or close four factories and cut about 4,500 jobs, as it aims to save $550 million annually. More »