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ON Semiconductor Corp. reports developments tied to onsemi's intelligent power and sensing technologies for automotive, industrial and AI data center end markets. Recurring updates include earnings releases, margin and cash-flow commentary, share repurchases, capital-structure actions, and strategy presentations.
Company news also covers design wins and customer collaborations involving EliteSiC power technology, FS7 insulated-gate bipolar transistor products, hybrid power integrated modules, electric-vehicle platforms, renewable energy systems, solar inverters and energy storage applications.
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.