ON Semiconductor Corporation Overview
Company Headquarters: US
Founded: ~35,700
Workforce: 1999
Company Working: ON Semiconductor Corporation (ON Semiconductor) is a provider of power and signal management, logic, analog, sensors, timing, connectivity, system on chip (SoC), discrete, and custom solutions. It operates through three business segments—power solutions, analog solutions, and image sensors. The power solutions segment offers an array of discrete, modular, and integrated semiconductor products that perform multiple functions, including power switching, signal conditioning, circuit protection, signal amplification, and voltage reference. The analog solutions segment covers analog, mixed-signal and advanced logic application-specific integrated circuits (ASIC), and application-specific standard products (ASSP) solutions mainly used for automotive, consumer electronics, computing, industrial, communications, medical, and aerospace & defense markets. The image sensor group segment includes complementary metal oxide semiconductor and charge-coupled device image sensors, proximity sensors, image signal processors, and actuator drivers for autofocus and image stabilization. The company has design centers, solution engineering centers, and manufacturing facilities in North America, Europe, and Asia. In March 2019, the company acquired Quantenna Communications, a leading provider of Wi-Fi solutions.
Strategy
ON Semiconductor currently focuses on automotive and industrial markets due to their rate of growth and the opportunities. Furthermore, the company is actively looking for strategic acquisition and alliances. The company is expanding geographically by increasing its number of manufacturing facilities and design centres so that it can strengthen its position in the market. Moreover, the company also focuses on organic growth strategies through innovation. For instance, in June 2018, the company announced the expansion of its SiC Schottky diode line, mainly intended for automotive applications.
