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NEWS TAGGED ONSEMI
Tuesday 5 August 2025
Onsemi posts weaker margins; revenue down 15% amid soft industrial demand
On August 4, Onsemi reported second quarter 2025 revenue of US$1.47 billion, marking a 15% year-over-year decline, as weakness in the industrial sector and margin pressure weighed...
Tuesday 5 August 2025
Onsemi to shed 5% of 2025 revenue as part of strategic shift toward higher margins
Onsemi plans to eliminate approximately 5% of its 2025 revenue through the exit of legacy and non-core products, aligning with its Fab Right strategy and broader transformation efforts...
Tuesday 5 August 2025
Onsemi remains cautious on tariffs, sees recovery in auto and AI segments
Onsemi flagged weak industrial and automotive demand in the second quarter of 2025 but expects modest growth ahead, with AI-related sales providing a boost. CEO Hassane El-Khoury...
Tuesday 15 July 2025
Japan's JS Foundry files for bankruptcy following power chip strategy setbacks
JS Foundry, a Japanese contract manufacturer focused on power semiconductors, filed for bankruptcy with the Tokyo District Court on July 14, reporting liabilities of JPY16.1 billion...
Wednesday 25 June 2025
Taiwan lab, chip gear maker develop laser tech to speed SiC processing
Taiwan's National Applied Research Laboratories and semiconductor equipment manufacturer Deuvtek have developed infrared nanosecond laser technology for SiC wafer grinding that cuts...
Tuesday 6 May 2025
Onsemi sharpens focus on cost control, portfolio streamlining, and SiC gains to navigate downturn
On May 5, On Semiconductor (Onsemi) reported a 22% revenue drop to US$1.45 billion in the first quarter of 2025, with margins squeezed by lower utilization and pricing pressures....
Tuesday 15 April 2025
Onsemi abandons US$3.9 billion bid for Allegro MicroSystems
On April 14, 2025, Onsemi announced the termination of its pursuit to acquire Allegro MicroSystems. The company has officially withdrawn its all-cash proposal, valued at US$35.10...
Thursday 6 March 2025
Allegro deems Onsemi's $6.9B cash bid "inadequate"
In a bold move that is shaking up the semiconductor industry, Onsemi has publicly disclosed an unsolicited proposal to acquire Allegro MicroSystems for US$35.10 per share in cash,...
Wednesday 26 February 2025
Auto market remains sluggish as Onsemi cuts 9% of workforce
Onsemi has announced a significant restructuring plan in response to the ongoing challenges in the automotive chip market. On February 25, 2025, the company revealed its intention...
Monday 17 February 2025
SiC golden era dims as price wars, weak EV demand weigh on market
Leading silicon carbide (SiC) manufacturers, including STMicroelectronics, Onsemi, Infineon Technologies, and Wolfspeed, posted dismal financial results, fueling concerns that the...
Tuesday 11 February 2025
Onsemi eyes weak 1Q25 amid slow automotive market
Onsemi reported fourth-quarter revenue declined 15% year over year to US$1.72 billion, missing expectations. With lower margins and a weak first-quarter forecast, analysts express...
Thursday 19 December 2024
Denso invests in Onsemi to strengthen automotive chip supply stability
Japan-based Denso announced a strategic collaboration with Onsemi, aimed at advancing semiconductor technology vital for autonomous driving and advanced driver-assistance systems...
Wednesday 18 December 2024
Onsemi's dual focus on automotive electrification and AI data centers sharpens with China push
Amid shifting dynamics in the power semiconductor market, Onsemi is leveraging China as a key growth driver for its dual focus on automotive electrification and AI data centers. Celebrating...
Wednesday 11 December 2024
Onsemi to acquire SiC JFET tech to strengthen power portfolio for AI data centers
Onsemi announced on December 9, 2024, that it has agreed to acquire Qorvo's Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology business, including the United Silicon...
Thursday 28 November 2024
Onsemi targets China's automotive and energy storage growth
Onsemi's leadership has been increasing its presence in China recently. After Felicity Carson, SVP of global operations at Onsemi, attended PCIM Asia 2024 in Shenzhen at the end of...