Dutch chipmaker NXP makes China push by backing radar company Hawkeye

Dutch chipmaker NXP Semiconductorshas come a long way since Qualcomm’s outsize $44 billion to acquire it fell through last year. In an announcement released on Tuesday, NXP said it’s agreed to back and partner with Hawkeye Technology, a Chinese company specializing in automotive radars, as part of an ambition to capture the rapid growth of sensor-powered vehicles in China.
Financial terms of the investment were undisclosed, but the tie-up will see Hawkeye providing a suite of technic