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ON Semiconductor Corp - ON STOCK NEWS

Welcome to our dedicated page for ON Semiconductor news (Ticker: ON), a resource for investors and traders seeking the latest updates and insights on ON Semiconductor stock.

ON Semiconductor Corp. (NASDAQ: ON), popularly known as onsemi, is at the forefront of energy-efficient innovations. The company’s mission is to empower customers worldwide to reduce global energy use through its wide array of semiconductor-based solutions. With a comprehensive portfolio that includes energy-efficient power and signal management, logic, and both standard and custom devices, ON Semiconductor is a pivotal player in the semiconductor industry.

The company serves a broad spectrum of industries, helping engineers tackle unique design challenges in automotive, communications, computing, consumer, industrial, medical, and military/aerospace applications. Onsemi is particularly recognized for its influential role in the automotive market, being the second-largest power chipmaker globally and the leading supplier of image sensors tailored for automotive applications.

In recent years, ON Semiconductor has shifted its strategic focus to emerging applications such as electric vehicles, autonomous vehicles, industrial automation, and renewable energy. This pivot is in response to growing market demands and technological advancements, positioning the company to capture substantial growth in these high-potential markets.

Onsemi’s operational excellence is reflected in its responsive and reliable supply chain, robust quality programs, and extensive network of manufacturing facilities, sales offices, and design centers spread across North America, Europe, and the Asia-Pacific regions. This global footprint ensures that the company remains close to key markets and can swiftly respond to customer needs.

Financially, ON Semiconductor is in a strong position, continually investing in innovative projects and partnerships. This commitment to growth and excellence is evident in its latest projects and collaborations, aimed at developing cutting-edge solutions that meet the evolving needs of their clientele. Whether through advancements in power semiconductor technology or innovative sensor solutions, ON Semiconductor continues to lead the charge in making the world more energy-efficient.

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Eagle Pharmaceuticals, Inc. (NASDAQ:EGRX) is under investigation by Lifshitz Law PLLC for possible securities laws violations and/or breaches of fiduciary duties. Allegations include slower-than-anticipated pull-through from a wholesale customer, overstated revenue, ineffective internal controls, and misleading positive statements.
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onsemi achieves record revenue in automotive and industrial end markets with revenue of $2,180.8 million. GAAP and non-GAAP gross margin of 47.3%. GAAP operating margin and non-GAAP operating margin of 31.5% and 32.6% respectively. GAAP diluted earnings per share and non-GAAP diluted earnings per share of $1.29 and $1.39 respectively. Record automotive revenue of $1.2 billion, increased 33% year-over-year. Record industrial revenue of $616 million, up slightly year-over-year.
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onsemi to announce Q3 financial results on October 30, 2023
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Hyperlux LP image sensors introduced by onsemi for industrial and commercial cameras
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Christina Lampe-Önnerud appointed to onsemi's board of directors
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onsemi announces Q2 2023 results with revenue of $2,094.4 million, flat YoY. Record automotive revenue exceeds $1 billion, a 35% YoY increase. Industrial revenue of $609.3 million, a 5% YoY increase. Silicon carbide revenue grew nearly 4x YoY.
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Magna and onsemi have announced a long-term supply agreement for Magna to integrate onsemi's EliteSiC intelligent power solutions into its eDrive systems. This integration will improve the cooling performance, acceleration, and charging rates of Magna's electric vehicles, increasing their efficiency and range. Additionally, onsemi's silicon carbide manufacturing capability will simplify Magna's supply chain and meet the growing demand for SiC-based products for EVs. Magna will also invest $40 million for the procurement of new SiC equipment to ensure future supply.
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onsemi (Nasdaq: ON) secures $1.95B in long-term supply agreements for intelligent power technologies with leading solar inverter manufacturers, solidifying its position as the top power semiconductor supplier in the market. The company's superior die technology and customized module design enable solar inverter providers to compete on time-to-market, product development, supply resilience, and quality assurance, resulting in LTSAs with eight of the top 10 solar inverter suppliers. onsemi's intelligent power solutions improve efficiency and system cost for solar inverters, contributing to the growth of the solar power market and the advancement of sustainable energy.
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BorgWarner and onsemi expand collaboration for silicon carbide, with a total agreement worth over $1 billion. BorgWarner plans to integrate onsemi EliteSiC power devices into its VIPER power modules for electric vehicles, expecting increased performance and efficiency.
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FAQ

What is the current stock price of ON Semiconductor (ON)?

The current stock price of ON Semiconductor (ON) is $68.47 as of November 21, 2024.

What is the market cap of ON Semiconductor (ON)?

The market cap of ON Semiconductor (ON) is approximately 28.8B.

What industries does ON Semiconductor serve?

ON Semiconductor serves automotive, communications, computing, consumer, industrial, medical, and military/aerospace industries.

What are the key products offered by ON Semiconductor?

ON Semiconductor offers power and signal management, logic, standard, and custom devices.

What recent strategic focus has ON Semiconductor adopted?

ON Semiconductor is focusing on electric vehicles, autonomous vehicles, industrial automation, and renewable energy.

How is ON Semiconductor positioned in the automotive market?

ON Semiconductor is the second-largest power chipmaker in the world and the leading supplier of image sensors for automotive applications.

Where are ON Semiconductor’s manufacturing and design centers located?

ON Semiconductor has manufacturing facilities, sales offices, and design centers in North America, Europe, and the Asia-Pacific regions.

What is ON Semiconductor's approach to manufacturing?

ON Semiconductor employs a hybrid manufacturing strategy for flexible capacity.

How does ON Semiconductor support engineers with their design challenges?

ON Semiconductor provides a comprehensive portfolio of products that help engineers solve design challenges in various applications.

What is ON Semiconductor's mission?

ON Semiconductor aims to drive energy-efficient innovations and help customers reduce global energy use.

What makes ON Semiconductor's supply chain notable?

ON Semiconductor operates a responsive, reliable supply chain and maintains a robust quality program.

What are some emerging applications ON Semiconductor is focusing on?

ON Semiconductor is focusing on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.

ON Semiconductor Corp

Nasdaq:ON

ON Rankings

ON Stock Data

28.79B
424.37M
0.33%
103.89%
5.69%
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