NXP Semiconductors NV : signs Industry Collaboration with EU Commission on Cybersecurity

ECSO drives EU contract for Public-Private Partnership to support R&I

Hamburg, Germany and Straßbourg, France. On July 5, 2016 as a founding partner of the European Cyber Security Organization (ECSO), NXP signed the contract for a Public-Private Partnership (PPP) with the European Commission to establish a strategic alliance in cybersecurity. ECSO is a non-profit association, set up by NXP and other leading stakeholders with the ambition to develop a trusted cyber ecosystem in Europe. As a dedicated member, NXP has been actively involved in the setup and contributed key topics from its R&D security roadmap to the partnership.

Following the signature, European Union will invest €450 million in this partnership as part of its research & innovation program Horizon 2020. In return, ECSO members are to jointly invest an additional €1.3 billion into research and development of innovative and trusted cybersecurity solutions, products and services. 'Trusted components are fundamental for market development of innovative applications like IoT, smart systems and revolutionary solutions for instance in automatic driving', said Senior Vice President and General Manager Secure Card Solutions Ulrich Huewels, who represented NXP at the signing ceremony.

At the first ECSO member meeting held in Brussels on July 7, NXP's Ulrich Huewels has been elected into the ECSO board of directors. Eva Schulz-Kamm, heading NXP Global Political Affairs, has joined the Partnership Board which is the main interface of ECSO to the European Commission.

NXP continues to advocate Europe's proven certification schemes such as Common Criteria and SOGIS. In addition, a balanced certification scheme with baseline security and privacy requirements is essential for IoT devices. Therefore, NXP supports the creation of a mandatory EU Trust Label demanding security-by-design features.

Further information is available at:www.ecs-org.euandhttp://www.nxp.com/applications/solutions-for-the-iot-and-adas/smart-connected-solutions-for-the-iot/end-to-end-security-and-privacy-for-the-iot:END-TO-END-SECURITY-AND-PRIVACY

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 44,000 employees in more than 35 countries. Find out more atwww.nxp.com

Photo Caption:
EU Commissioner for Digital Economy and Society Guenther Oettinger and NXP SVP Ulrich Huewels signing the cPPP contract on European Cybersecurity.