ON ON Semiconductor Corporation

onsemi Aligns Business Groups to Expand Product Portfolio and Accelerate Growth

onsemi (Nasdaq: ) today announced the formation of the Analog and Mixed-Signal Group (AMG) which will be led by newly appointed group president, Sudhir Gopalswamy. The group will be focused on expanding onsemi’s portfolio of industry-leading power management and sensor interface devices to unlock an additional $19.3 billion total addressable market and accelerate the company’s growth in the automotive, industrial and cloud-end markets.

Additionally, Simon Keeton has been promoted to group president of the Power Solutions Group (PSG). His leadership has been instrumental in delivering more than $4 billion in total revenue last year, while ramping a profitable silicon carbide business that achieved over $800 million in revenue in 2023.

“This organizational alignment builds on our strength in delivering highly differentiated and optimized solutions focused on customer needs,” said Hassane El-Khoury, president and chief executive officer of onsemi. “With Simon and Sudhir’s industry expertise and proven track records, we are setting the foundation for further growth and leadership in intelligent power and sensing technologies.”

AMG specializes in the development of a range of power management ICs and high precision, low power sensor interfaces and communications products. It positions onsemi to become a full suite provider of high efficiency power tree solutions with an expanded portfolio of gate drivers, DC-DC converters, multi-phase controllers, eFuses and more. The group will continue to extend its leadership in automotive- and industrial-focused sensor interface and communication solutions such as inductive, ultrasonic and medical sensing, as well as single-pair Ethernet and Bluetooth® Low Energy (Bluetooth LE) solutions.

AMG combines the former Advanced Solutions Group (ASG) and Integrated Circuits Division (ICD), previously a part of the PSG. Gopalswamy will oversee both AMG and Intelligent Sensing Group (ISG), which together drove nearly $4 billion in revenue for the company last year.

This strategic move accelerates onsemi’s position and will add even more system value for customers by powering every architecture with analog and mixed-signal technologies that enable advanced functionality, higher performance and faster time to market.

onsemi will publish its first quarter 2024 earnings based on the reorganized business segments and provide comparable historical data.

About onsemi

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way to creating a safer, cleaner and smarter world. onsemi is recognized as a Fortune 500® company and included in the Nasdaq-100 Index® and S&P 500® index. Learn more about onsemi at .

onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.

EN
12/03/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ON Semiconductor Corporation

 PRESS RELEASE

onsemi Reports Second Quarter 2025 Results

onsemi Reports Second Quarter 2025 Results Returned over 100% of free cash flow year-to-date through share repurchases SCOTTSDALE, Ariz., Aug. 04, 2025 (GLOBE NEWSWIRE) -- onsemi (the “Company”) (Nasdaq: ON) today announced its second quarter 2025 results with the following highlights: Revenue of $1,468.7 millionGAAP gross margin and non-GAAP gross margin of 37.6%GAAP operating margin and non-GAAP operating margin of 13.2% and 17.3%, respectivelyGAAP diluted earnings per share and non-GAAP diluted earnings per share of $0.41 and $0.53, respectivelyCash from operations of $184.3 million...

 PRESS RELEASE

onsemi Powers Xiaomi’s YU7 Electric SUV Line-Up

onsemi Powers Xiaomi’s YU7 Electric SUV Line-Up onsemi EliteSiC technology enables vehicle to deliver longest driving range in its class Scottsdale, Ariz., Aug. 04, 2025 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ) today announced that select Xiaomi YU7 electric SUV models feature an advanced 800V drive platform powered by onsemi’s EliteSiC M3e technology. The EliteSiC M3e platform features superior performance and efficiency enabling automakers to design smaller, lighter, and more robust traction systems for electric vehicles (EV). By integrating onsemi’s EliteSiC M3e technology into the tra...

 PRESS RELEASE

onsemi Collaborates with NVIDIA to Accelerate Transition to 800 VDC Po...

onsemi Collaborates with NVIDIA to Accelerate Transition to 800 VDC Power Solutions for Next-Generation AI Data Centers Effort sets foundation for high-voltage systems, unlocking breakthrough efficiency and power density Scottsdale, Ariz, July 29, 2025 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ) today announced its working with NVIDIA to support the transition to 800 Volts Direct Current (VDC) power architectures, a transformative solution that is driving significant gains in efficiency, density, and sustainability for next-generation AI data centers.   At the core of this shift is new po...

 PRESS RELEASE

onsemi and Schaeffler Expand Collaboration with New EliteSiC-based PH...

onsemi and Schaeffler Expand Collaboration with New EliteSiC-based PHEV Platform Traction inverter solution will use onsemi’s next-generation EliteSiC to enable longer driving range and enhanced reliability for plug-in hybrid EVs SCOTTSDALE, Ariz., July 24, 2025 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ) today announced an expanded collaboration with leading motion technology company Schaeffler through a new design win that leverages onsemi’s next-generation product line of silicon carbide MOSFETs. The onsemi solution will power the Schaeffler traction inverter for a leading global automak...

Pierre FerraguÊ
  • Pierre FerraguÊ

Memory: China XPU ban lifted. Samsung most exposed. All benefit

Nvidia announced it can resume shipping XPUs to China. We’ve prepared a one-slider summarising the implications for memory vendors.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch