Welcome to our dedicated page for On Semiconductr news (Ticker: ON), a resource for investors and traders seeking the latest updates and insights on On Semiconductr stock.
On Semiconductor (ON) provides energy-efficient semiconductor solutions powering innovations across automotive, industrial, and emerging technologies. This news hub offers investors and industry professionals centralized access to official announcements and market developments.
Track critical updates including quarterly earnings, strategic partnerships, product launches, and operational milestones. Our curated collection ensures timely access to information impacting ON's position in power management systems, automotive image sensors, and industrial automation solutions.
Discover updates on ON's hybrid manufacturing strategy, supply chain initiatives, and advancements in energy-efficient semiconductor design. Content spans regulatory filings, executive commentary, and technology breakthroughs relevant to automotive electrification and smart manufacturing trends.
Bookmark this page for ongoing insights into ON's role in enabling sustainable technologies through semiconductor innovation. Verify time-sensitive details directly with company filings and official channels.
ON Semiconductor announced the appointment of Gregory L. Waters and Bruce E. Kiddoo to its Board of Directors, effective December 17, 2020. Waters, an experienced semiconductor executive, previously served as CEO of Integrated Device Technology, while Kiddoo brings 25 years of financial expertise from Maxim Integrated and Broadcom. Emmanuel T. Hernandez is retiring after 18 years on the Board. The Chairman expressed excitement over the new appointments, emphasizing their potential to enhance the company's strategic direction and shareholder value.
ON Semiconductor has announced the appointment of Hassane El-Khoury as the new president and CEO, effective December 7, 2020. This change follows Keith Jackson's retirement after leading the company through significant growth, expanding from $1.2 billion to $5.5 billion. El-Khoury, previously the CEO of Cypress Semiconductor, aims to enhance ON's position in automotive, industrial, and IoT markets. The transition is expected to reinforce stakeholder value and financial performance while Jackson remains as an advisor until May 2021 for a smooth leadership handover.
ON Semiconductor (Nasdaq: ON) has partnered with Theta Power Systems International to enhance motor control solutions for applications transitioning to brushless DC (BLDC) motors. This collaboration aims to address the significant energy consumption of traditional motors, which account for approximately 45% of global electricity use. The two companies will develop hardware and software solutions that promote efficiency in HVAC, appliances, and pool pumps, aligning with regulatory demands for reduced energy usage. This partnership is expected to accelerate the adoption of three-phase BLDC technology, enhancing customer market reach and reducing engineering costs.
ON Semiconductor has launched its advanced Motor Development Kit (MDK), aimed at enhancing energy-efficient motor control solutions from 1 kW to over 10 kW. Electric motors, which consume over half the power generated in industrialized countries, often operate at an average efficiency of just 44%. The MDK includes a Universal Controller Board and various Power Boards, facilitating flexible motor control evaluation. Key components like the Zynq-7000 SoC from Xilinx enhance its capabilities. The first two Power Boards will be available in Q4 2020, with more planned for Q1 2021.
ON Semiconductor Corporation reported third quarter 2020 revenue of $1,317.3 million, down 5% year-over-year but up 9% sequentially. Gross profit decreased 7% year-over-year to $441.2 million, while net income rose significantly to $160.6 million compared to a net loss of $60.7 million in the prior year. The company anticipates fourth quarter revenue between $1,300 million to $1,400 million and gross margins of 32.9% to 34.9%. Growth is expected across automotive and industrial markets as demand trends normalize.
ON Semiconductor (Nasdaq: ON) has unveiled its expanded XGS family of image sensors, which features high-performance, low-noise products ideal for industrial applications and IoT. New models include the XGS 45000, XGS 30000, XGS 20000, and XGS 5000, offering up to 45 Mp resolution and 60 fps in 8K video mode. These sensors support various applications, including machine vision and Intelligent Transportation Systems, with a global shutter to prevent motion artifacts. Leading manufacturers like Teledyne Imaging and JAI A/S have already integrated the new technology into their products.
ON Semiconductor Corporation (Nasdaq: ON) is set to announce its third quarter financial results on November 2, 2020, prior to market opening. A conference call will follow at 9 a.m. Eastern Time on the same day, accessible via webcast and teleconference. Investors can access the live call through the company's Investor Relations website. ON Semiconductor is known for its energy-efficient semiconductor solutions across various sectors including automotive and industrial applications.
ON Semiconductor (Nasdaq: ON) has launched the AR0234CS 2.3 Mp CMOS image sensor featuring global shutter technology, suitable for machine vision cameras, AR/VR headsets, and autonomous mobile robots. This sensor supports 1080p video at up to 120 fps, minimizing distortion and motion artifacts. It offers high dynamic range and low noise, catering to various applications—from consumer to industrial IoT—under diverse lighting conditions. Advanced features include auto exposure control and programmable regions of interest, enhancing system design efficiency.
ON Semiconductor Corporation has appointed Thomas L. Deitrich to its board of directors. Deitrich, an accomplished executive with over 25 years in the technology sector, is the current CEO of Itron, Inc. His experience includes leadership roles at Freescale Semiconductor, Flextronics International, Sony Ericsson, and General Electric. With his background in product management, R&D, and supply chain management, Deitrich is expected to bring valuable insights and operational expertise to ON Semiconductor. The board expresses excitement about his contributions during a pivotal time for the company.
FAQ
What is the current stock price of On Semiconductr (ON)?
What is the market cap of On Semiconductr (ON)?
