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.
News and filings about onsemi (ON) highlight its role in semiconductor and related device manufacturing for automotive, industrial, AI data center, and advanced imaging markets. The company’s news flow frequently centers on intelligent power and sensing technologies, reflecting its focus on vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure.
Recent announcements describe new collaborations in gallium nitride (GaN) power devices, including agreements with GlobalFoundries and a memorandum of understanding with Innoscience. These items explain how onsemi is working to expand its GaN portfolio across low, medium, and high voltages and to scale manufacturing on 200mm GaN-on-silicon processes. News coverage details target applications such as AI data centers, electric vehicles, renewable energy, industrial systems, telecom infrastructure, consumer power supplies, and aerospace, defense, and security systems.
Other news focuses on automotive power solutions, such as the adoption of onsemi’s PowerTrench T10 MOSFET technology by FORVIA HELLA for advanced automotive platforms, and on AI data center power management, including the acquisition of rights to Vcore power technologies from Aura Semiconductor. onsemi also issues regular updates on quarterly financial results, share repurchase authorizations, and strategic manufacturing and restructuring decisions, which are of interest to investors tracking ON stock.
Visitors to this news page can review company press releases, partnership announcements, technology platform updates like the Treo ROIC platform, and financial communications that together provide a detailed picture of how onsemi is positioning its power and sensing portfolio across automotive, industrial, AI data center, and high-reliability imaging markets.
ON Semiconductor (Nasdaq:ON) has launched the RSL10 Smart Shot Camera, a cutting-edge device combining cloud-based AI with ultra-low-power image capture. This innovative camera enables smart IoT applications for surveillance, factory automation, and smart agriculture, among others. The platform integrates ON’s technologies, including the RSL10 SIP with Bluetooth Low Energy, allowing devices to automatically capture and analyze images based on environmental triggers. The camera aims to enhance safety and efficiency in various settings and is currently available through authorized distributors.
Avnet (Nasdaq: AVT) and ON Semiconductor (Nasdaq: ON) have collaborated to streamline the development of Internet of Things (IoT) devices. Their framework simplifies the creation of IoT-enabled products through rapid prototyping solutions and Avnet’s IoTConnect® Platform, powered by Microsoft® Azure. The initial offering includes the RSL10 Sensor Development Kit, featuring low-power Bluetooth® technology and various environmental sensors. This partnership aims to reduce complexity for original equipment manufacturers (OEMs), allowing faster market delivery and improved product differentiation.
ON Semiconductor Corporation (Nasdaq: ON) reported its fourth quarter and fiscal year 2020 results. Fourth quarter revenue reached $1,446.3 million, marking a 3% increase year-over-year. The company posted a GAAP diluted EPS of $0.21 and a Non-GAAP diluted EPS of $0.35, both up from last year. Automotive revenue hit a record $491 million. Operating cash flow rose to $884.3 million, while free cash flow increased to $500.7 million. For Q1 2021, the company anticipates revenue between $1,410 and $1,510 million.
ON Semiconductor (Nasdaq: ON) announces the appointment of Thad Trent as executive vice president and chief financial officer, effective February 16, 2021. Trent, a 30-year finance veteran, previously served as CFO at Cypress Semiconductor, leading revenue growth from $723 million to $2.5 billion. Bernard Gutmann, the outgoing CFO, will retire after nearly four decades, transitioning to an advisory role until April 2021. The company also welcomes Dr. Wei-Chung Wang as executive vice president of manufacturing and operations following Bill Schromm's retirement.
ON Semiconductor has launched the Quuppa Intelligent Locating System, utilizing the RSL10 System on Chip (SoC) to enhance indoor asset tracking with Direction Finding and Angle of Arrival technologies. This solution supports real-time tracking with centimeter-level accuracy, operating at 50 updates per second. It is part of a broader asset management ecosystem, including partnerships for Bluetooth tags and beacons. This innovation aims to improve operational efficiencies across various industries, addressing the growing demand for Real-Time Locating Systems (RTLS).
ON Semiconductor Corporation (Nasdaq: ON) will announce its financial results for Q4 2020 on February 1, 2021, before the market opens. Following the announcement, a conference call will be held at 9 a.m. EST. Investors can join via webcast or teleconference. The company specializes in energy-efficient semiconductor solutions across various applications, including automotive and industrial sectors.
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.
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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.