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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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onsemi (Nasdaq: ON) will hold its Financial Analyst Day on May 16, 2023 in New York City. This invitation-only event aims to present the company's strategic plans, direction, and financial outlook. Attendees will receive invitations with further details. The event's presentation materials and a live webcast will be available on the company's Investor Relations webpage, with a replay accessible for approximately 30 days post-event.

Recognized as a Fortune 500 company, onsemi focuses on automotive and industrial sectors, driving innovations in vehicle electrification, sustainable energy, and 5G infrastructure.

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onsemi (Nasdaq: ON) plans to announce its fourth-quarter financial results, covering the period ending December 31, 2022, on February 6, 2023, before the market opens. A conference call will follow at 9 a.m. ET on the same day, accessible via webcast and teleconference. Investors can find the webcast on the company’s Investor Relations page, where a re-broadcast will be available for 30 days. onsemi focuses on innovations in automotive and industrial markets, addressing megatrends like vehicle electrification and sustainable energy. It is recognized as a Fortune 500 company and included in the S&P 500 index.

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onsemi (Nasdaq: ON) and Ampt LLC have announced a partnership to enhance the performance of DC string optimizers for large-scale photovoltaic and energy storage systems. Ampt will incorporate onsemi's EliteSiC family of silicon carbide technologies, specifically N-Channel SiC MOSFETs, to improve project economics for solar developers. This collaboration aims to fulfill the increasing demand for efficient energy solutions, offering significant cost savings and higher performance. The EliteSiC technology features 80 mΩ RDS(on), low switching losses, and operates at 175°C temperatures.

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onsemi (Nasdaq: ON) has announced that its EliteSiC silicon carbide power modules will power Kia Corporation’s EV6 GT model, enhancing the vehicle's performance. The EV accelerates from 0 to 60 mph in just 3.4 seconds, reaching a top speed of 161 mph. The integration of EliteSiC technology improves efficiency while reducing the weight of traction inverters, resulting in a 5% increase in EV range. This collaboration aligns with onsemi’s strategy to support high-volume EV production through its robust SiC supply chain.

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onsemi (Nasdaq: ON) has launched its new 1700 V EliteSiC devices, a significant addition to its silicon carbide family, designed for high-efficiency operation in energy infrastructure and industrial applications. These devices include a 1700 V MOSFET and two avalanche-rated diodes, showcased at the Consumer Electronics Show in Las Vegas. The EliteSiC MOSFET features a market-leading gate charge of 200 nC, enhancing efficiency in renewable energy applications. The new devices promise improved performance and reliability, driving onsemi's leadership in the industrial SiC sector.

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LA Semiconductor has acquired the Pocatello, Idaho fabrication plant from onsemi (ON) as part of its strategy to enhance chip manufacturing capacity in the U.S. The facility will operate as a pure-play contract manufacturing foundry with a long-term wafer supply agreement with onsemi. This acquisition is backed by financing from Macquarie Group, which sees potential in supporting domestic semiconductor production. LA Semiconductor, established in 2021, aims to meet the growing demand for analog and mixed-signal semiconductors, leveraging the support of the CHIPS and Science Act.

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onsemi has finalized the sale of its Niigata, Japan facility to JS Foundry K.K., aligning with its fab-liter strategy to enhance gross margins and decrease fixed costs. This divestiture aims to streamline operations and improve financial predictability. JS Foundry K.K. will continue wafer fabrication at the site under a supply agreement with onsemi, ensuring customer supply continuity. The leadership expressed confidence in the future of the Niigata site under JS Foundry's management, acknowledging the dedication of its employees during the transition.

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onsemi (Nasdaq: ON) has launched the innovative NCS32100 rotary position sensor, designed for industrial applications to enhance speed and accuracy. This dual-inductive sensor achieves +/-50 arcsec accuracy at 6,000 RPM, supporting speeds up to 100,000 RPM. Incorporating a built-in microcontroller, it outputs absolute position and velocity, streamlining design and reducing external components. Its robust features include low sensitivity to contamination and mechanical vibration, making it ideal for fast-moving environments. The NCS32100 is available now, with reference designs to support rapid development.

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onsemi (Nasdaq: ON) has introduced a new series of MOSFET devices featuring innovative top-side cooling technology. This advancement is aimed at enhancing power density in automotive applications, particularly for motor control and DC/DC conversion. The TCPAK57 package, measuring 5mm x 7mm, incorporates a 16.5mm² thermal pad that dissipates heat directly into a heatsink. The devices deliver high electrical efficiency, with low RDS(ON) values of up to 1mΩ, and are designed for demanding automotive conditions. Full-scale manufacturing is slated for January 2023.

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onsemi (Nasdaq: ON) has partnered with Mercedes-Benz to supply high-efficiency silicon carbide (SiC) power modules, enhancing the VISION EQXX's traction inverter. This collaboration boosts EV range by up to 10%, setting a record of 1,202 km (747 miles) on a single charge. The vehicle achieves remarkable energy efficiency, consuming under 10 kWh per 100 km, thanks to its innovative design and SiC technology, which improves heat dissipation and power output. onsemi is positioned as a leading supplier in SiC solutions, ensuring supply assurance and scalability.

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FAQ

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

The current stock price of ON Semiconductor (ON) is $69.62 as of November 22, 2024.

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

The market cap of ON Semiconductor (ON) is approximately 29.4B.

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

29.45B
424.37M
0.33%
103.89%
5.69%
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