NXP Semiconductors NV has confirmed it would consider a takeover if a potential buyer offered a big enough premium and gave the company flexibility with customers and employees.
This is according Richard Clemmer, chief executive officer of Europe's third-largest chipmaker.
Mr Clemmer revealed he would consider a deal similar to the $6.5 billion (£3.9 billion) that Texas Instruments Inc offered National Semiconductor Corp in April.
"If someone came in like in the case of the TI-National offer, where they offered an 80 per cent premium associated with it and allowed us to protect our customers and our employees, we would be very much considering that," he said on Bloomberg Television.
Mr Clemmer added that the company isn't currently in any merger talks.
Meanwhile, Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest made-to-order chip-maker, has confirmed a decline in April sales on a month-on-month basis.
The underwhelming figures are, according to the firm, due to an appreciation of the New Taiwan dollar.
Posted by Simon Jones