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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.
onsemi has successfully completed its acquisition of GT Advanced Technologies, enhancing its silicon carbide (SiC) capabilities. This strategic move aims to meet customer demand for SiC solutions, vital for electric vehicles and energy infrastructure. The acquisition will enable onsemi to provide end-to-end power solutions and assure customers of a steady supply of critical components. Additionally, onsemi plans to invest in expanding GTAT's manufacturing and R&D efforts to bolster the SiC supply chain, reinforcing its commitment to sustainable, high-growth technologies.
onsemi (NASDAQ: ON) will announce its financial results for Q3 2021 on November 1, 2021, before market open. A conference call will be held at 9 a.m. EDT on the same day, accessible via webcast on the company's website or through teleconference. The call will provide insights into the company's performance in key areas including vehicle electrification and industrial automation. Investors can expect a detailed discussion of financial metrics and future outlook following the earnings release.
The AR0821CS, a new 8.3 MP CMOS digital image sensor from onsemi, is now available and integrated into Basler's dart camera module family. This sensor boasts advanced features, delivering 4K video at 60 fps with embedded High Dynamic Range technology, achieving a dynamic range over 140 dB. Designed for diverse applications including machine vision and security systems, it excels in challenging lighting conditions. The AR0821CS is supported by a robust development ecosystem and is showcased at the VISION trade fair in Germany from October 5-7.
onsemi has introduced a groundbreaking asset tracking solution featuring the RSL10 Asset Tag, which boasts an industry-leading battery life of up to five years. This innovation is crucial for industrial sectors aiming to reduce maintenance costs associated with asset management. The RSL10 leverages low power consumption and integrates advanced features like a 3-axis accelerometer and environmental sensors. The tags are part of a larger collaboration with Blyott and Tatwah to enhance healthcare equipment tracking, meeting strict sterilization requirements.
onsemi (Nasdaq: ON) has been selected by Ramaxel to supply cloud power technologies for its upcoming Intel-based VR13.HC servers. The partnership highlights onsemi's strong portfolio of high-performance power solutions, aimed at meeting the increasing power demands of modern processors. The newly launched FD3501 digital multiphase controller will offer superior efficiency and reliability. Furthermore, onsemi plans to introduce 8-phase and 12-phase controllers to support upcoming server platforms. This collaboration positions onsemi as a key player in the rapidly growing cloud market.
onsemi has announced a definitive agreement to acquire GT Advanced Technologies for
ON Semiconductor, now branded as onsemi, has unveiled its new identity as part of its evolution to lead in intelligent power and sensing technologies. The company aims to address megatrends like vehicle electrification and sustainable energy, while committing to achieving net-zero emissions by 2040. Under the tagline “Intelligent Technology. Better Future,” onsemi seeks to foster innovation and help customers meet their climate goals. CEO Hassane El-Khoury emphasized the strategy to deliver differentiated technologies that enhance shareholder value while promoting sustainability.
ON Semiconductor has rebranded as onsemi to reinforce its position as a leader in intelligent power and sensing technologies. The company aims to innovate within the automotive and industrial sectors to address megatrends like vehicle electrification and sustainable energy. Committed to achieving net-zero emissions by 2040, onsemi is focused on delivering market-leading technologies that support customers' climate initiatives. The new tagline, “Intelligent Technology. Better Future.” encapsulates the brand’s vision to solve complex challenges and enhance sustainability.
ON Semiconductor (NASDAQ: ON) will host its Financial Analyst event on August 5, 2021, in New York City. The event aims to present the company’s strategy, technology advancements, and financial outlook. A real-time webcast of the presentations will be available on the Investors page of the company's website starting at 2 PM ET. Institutional investors who haven’t registered should email AnalystDay2021@onsemi.com for an invitation. A replay of the webcast will be accessible for about 30 days post-event.
ON Semiconductor reported a record revenue of $1,669.9 million for Q2 2021, a 38% increase year-over-year. GAAP diluted EPS rose to $0.42, up from $0.00 in the same quarter last year. Non-GAAP diluted EPS increased to $0.63 compared to $0.12 a year ago. Gross margin improved 310 basis points quarter-over-quarter to 38.3%. The company anticipates strong demand in the automotive and industrial sectors, projecting Q3 2021 revenue between $1,660 and $1,760 million.
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