ON - On Semiconductor Corp

ON Semiconductor Corporation, known as onsemi, provides intelligent power and sensing solutions primarily focused on automotive and industrial markets. The company was incorporated in 1992 and operates through three main segments: the Power Solutions Group (PSG), the Advanced Solutions Group (ASG), and the Intelligent Sensing Group (ISG). onunsemi's offerings include advanced semiconductor products that contribute to the electrification of vehicles, enabling efficient energy conversion and supporting the development of smart factories and vehicles, particularly in areas like electric vehicle charging systems and imaging for autonomous driving.

With a strategic focus on innovation, onsemi aims to capitalize on high-growth megatrends in electric and automated transportation while enhancing operational efficiencies and profitability. The company has invested in expanding its manufacturing capabilities, particularly in Silicon Carbide (SiC) technologies, to meet increasing demand. By streamlining operations through its Fab Right strategy and realigning its business structure, onsemi is positioning itself for future growth in the rapidly evolving semiconductor landscape.