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As an auto chip shortage continues to disrupt car manufacturing, ON Semiconductor CEO Hassane El-Khoury told CNBC he expects a bottleneck in orders to subside by the second half of 2021.
CNBC
ON Semiconductor on Friday cut its first-quarter revenue outlook amid the fast-spreading coronavirus, sending its shares down 4% in premarket trading.
Reuters
Acquisition creates platform for addressing connectivity applications for Industrial and Automotive markets
Benzinga
ON Semiconductor plans to invest $51 million to support expansion of the Luzerne County facility. The ON Semiconductor Mountain Top location specializes in the manufacturing of semiconductor discrete devices used in power management applications across a wide variety of industries including automotive, industrial, communication and computing.
Company release
ON Semiconductor has agreed to sell its ignition IGBT power device business to Littelfuse for $104 million to allow its acquisition of Fairchild Semiconductor to go ahead.
EE Times
ON Semiconductor on Wednesday said it extended its tender offer for Fairchild Semiconductor International until Jan. 20 but didn't raise its offer of $20 a share, which remains below a competing bid.
NASDAQ.com
A group led by China Resources Holdings' semiconductor arm and Hua Capital Management has made an offer for Fairchild Semiconductor. That bid followed a November agreement with ON Semiconductor to buy Fairchild for $2.4 billion.
Bloomberg
ON Semiconductor has announced the completion of its acquisition of Aptina Imaging. The total consideration of approximately US$400 million in cash for the acquisition of Aptina was funded by cash on the balance sheet and ON Semiconductor's existing revolving line of credit.
Company release
Although only 2% growth was registered in the worldwide semiconductor market in 2011, several companies posted results that were far different, according to IC Insights.
IC Insights
US chipmakers ON Semiconductor and Microsemi said Tuesday they suspended production at factories in Thailand after floods damaged facilities, in a sign that supply chain disruptions could hurt production during a typically busy third quarter.
Wall Street Journal
On Semiconductor plans to invest more than US$30 million to expand capacity and capabilities at its 8-inch wafer manufacturing facility in Gresham, Oregon. The facility remains the company's most advanced wafer fab - with current production technologies down to 0.11-micron.
EE Times
Hans Stork joins ON Semiconductor after three years with Applied Materials as Group VP of the Si Systems Group and six years with Texas Instruments as the company's CTO and Senior VP of Si Technology Development.
Company release
ON Semiconductor has announced the completion of the acquisition of Sanyo Semiconductor, a subsidiary of Sanyo Electric, and other assets related to Sanyo Electric's semiconductor business.
Company release
Japan's Sanyo Electric will close two of its domestic semiconductor plants by 2012, and move production to another plant along with about 1,000 workers, according to the Nikkei business daily.
Reuters
Japan's Sanyo Electric is to sell its loss-making chip unit to ON Semiconductor for about 33 billion yen (US$373 million), turning its focus to environmentally friendly technology.
Reuters UK
Sanyo Electric has decided to sell its semiconductor business to ON Semiconductor for 20-30 billion yen (US$228-341 million), Kyodo News reported Friday, without citing sources.
Nikkei.com
"The acquisition of Sound Design Technologies solidifies our position as a leading supplier of ultra-low-power digital signal processing (DSP) technology for hearing aids and audio processing applications," said Robert Tong, VP of ON Semiconductor's Medical Division.
Company release
6 Feb 2009
Chip maker ON Semiconductor said Wednesday it expects first-quarter revenue in the range of US$340 million to $380 million, which is below Wall Street's expectations.
MSNBC
ON Semiconductor has introduced the industry's first 4-amp supercapacitor LED flash driver for high-megapixel camera phones and standalone camera applications.
Company release
The efforts announced follow cost-reduction measures ON Semi began taking in 4Q 2008, including the reduction of 2009 planned capital expenditures to $50 million to $60 million from normalized yearly levels of $130 million to $140 million, temporary site shutdowns during the quarter, a hiring freeze, the elimination of second half 2008 bonus payments, and strict controls over all discretionary spending.
Semiconductor International
...Microchip, which said it pulled out after On ended its pursuit of Atmel, may seek to team up with another company and make a new bid for Atmel, Suji De Silva, an analyst with Kaufman Bros., said in an interview. Microchip is still an interested buyer, De Silva said. There could be another partner or they may go it alone.
Bloomberg
Microchip Technology and On Semiconductor stepped up their US$2.3 billion takeover attempt of Atmel Wednesday, saying they will nominate a dissident slate of directors for the chip maker's board.
Bizjournals.com