NXP Semiconductors has introduced the S32K5 microcontroller family, the first 16nm FinFET MCU with embedded magnetic RAM (MRAM), designed to advance zonal software-defined vehicle (SDV) architectures and extend the NXP CoreRide platform. These microcontrollers aim to help automakers consolidate electronic control units (ECUs) without sacrificing latency or efficiency.

The S32K5 family features Arm Cortex CPU cores running up to 800 MHz for high-performance applications, embedded MRAM for faster ECU programming and over-the-air updates, an integrated Ethernet switch core for seamless network design and software reuse, and an eIQ Neutron neural processing unit for power-efficient machine learning at the vehicle’s edge. It also includes a post-quantum cryptography security accelerator to protect against future cybersecurity threats and ASIL-D safety features for secure partitioning of critical applications.

These microcontrollers will support zonal and electrification architectures, offering scalable, software-defined solutions to speed up vehicle development and reduce lifecycle costs. NXP has partnered with automotive software leaders such as Elektrobit, Green Hills Software, Sonatus, and Synopsys to ensure seamless integration into existing and future vehicle systems.

The S32K5 family will begin sampling in Q3 2025, providing automakers and Tier-1 suppliers with a next-generation platform for advancing SDV architectures.

NXP Semiconductors announced that its board of directors has approved a quarterly interim dividend of $1.014 per ordinary share for the first quarter of 2025. The dividend will be paid in cash on April 9, 2025, to shareholders of record as of March 19, 2025.

The company stated that this decision reflects the continued strength of its capital structure and confidence in its long-term growth and cash flow. Cash dividends will be subject to a 15% Dutch dividend withholding tax, though certain shareholders may be eligible for a full or partial refund.

NXP, a global leader in semiconductor solutions for automotive, industrial, IoT, mobile, and communications infrastructure markets, generated $12.61 billion in revenue in 2024.

NXP Semiconductors reported its financial results for the fourth quarter and full-year 2024, with a 5% year-over-year decline in full-year revenue, totaling $12.61 billion. The fourth-quarter revenue was $3.11 billion, down 9% year-over-year, but slightly above the midpoint of the guidance range. Despite market challenges, NXP maintained solid gross margins and strong free cash flow. Full-year GAAP gross margin was 56.4%, and non-GAAP gross margin was 58.1%. The company returned $713 million to shareholders in Q4 through dividends and share repurchases.

Revenue from the automotive segment was $1.79 billion in Q4, down 6% year-over-year, while industrial & IoT, mobile, and communications infrastructure saw further declines. NXP introduced several new products, including automotive Ethernet switches and UWB solutions. It also entered into agreements to acquire Aviva Links and TT Tech Auto to strengthen its automotive capabilities.

For 2025, NXP's guidance for Q1 revenue is between $2.725 billion and $2.925 billion, with non-GAAP gross margins expected to be between 55.8% and 56.8%. CEO Kurt Sievers emphasized the company's resilience in the face of soft demand and its focus on executing growth strategies.

A conference call is scheduled for February 4, 2025, to discuss the results.