Saturday, May 25, 2019

ON Semiconductor Ranks 485 on the FORTUNE 500

BWW News Desk
May 16, 2019

ON Semiconductor Corporation Nasdaq a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwonsemicom2FPowerSolutions2Firdoampesheet51986221ampnewsitemid20190516005931amplanenUSampanchorONampindex1ampmd5b3848f8d466e8b0683f9cc1e43a59c03 relnofollowONa driving energy efficient innovations today announced that it has been named to the Fortune 500 list of Americas largest companies by revenue for the second year in a row moving up seven positions from last year ON Semiconductor is a premier supplier of high performance silicon solutions for energy efficient electronics The companys broad portfolio of power and signal management logic discrete and custom devices helps customers efficiently solve their design challenges in automotive communications computing consumer industrial LED lighting medical militaryaerospace and power applications pblockquotep idpullquotepblockquote p Being recognized on the FORTUNE 500 for the second year in a row is a testament to our entire global team and the partnerships we have cultivated with customers and suppliers around the world said Keith Jackson president and CEO of ON Semiconductor We continue to invest in our infrastructure scale technology and talent All of these investments are yielding strong results as evidenced by our momentum and by increasing customer selection of ON Semiconductor solutions for the full ecosystem p p Another recordsetting year was delivered by ON Semiconductor in 2018 said Bernard Gutmann executive vice president and CFO The industry faced challenging macroeconomic conditions yet we delivered record revenue and free cash flow Our growth drivers remain intact and we are wellpositioned to continue to outperform the industry Customer interest in our comprehensive portfolio continues to be very strong with evidence of positive revenue synergies p p Headquartered in Phoenix Arizona USA the company has over 160 locations in North America Europe and Asia and a global employee count of more than 36000 This global presence combined with the depth and breadth of its portfolio of over 86000 products and an extensive intellectual property portfolio enables the company to be agile and competitive in an ever changing market p p In addition to this accomplishment ON Semiconductor was recognized in 2018 as one of Fortunes 100 Fastest Growing Companies one of Wall Street Journals Management Top 250 was listed on the Dow Jones Sustainability Index and was recently recognized by Ethisphere as one of the Worlds Most Ethical Companies for the fourth year in a row p p For the FORTUNE 500 companies are ranked by total revenues for their respective fiscal years For more information about the list please visit a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Ffortunecom2F500ampesheet51986221ampnewsitemid20190516005931amplanenUSampanchorhttp3A2F2Ffortunecom2F500ampindex2ampmd5227e553fe419b54f7047b3a5657f8c14 relnofollowhttpfortunecom500a p p bAbout ON Semiconductorb p p ON Semiconductor Nasdaq a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwonsemicom2FPowerSolutions2Firdoampesheet51986221ampnewsitemid20190516005931amplanenUSampanchorONampindex3ampmd5d96d4a982aece2a519177ba4f44a2219 relnofollowONa is driving energy efficient innovations empowering customers to reduce global energy use The company is a leading supplier of semiconductorbased solutions offering a comprehensive portfolio of energy efficient power management analog sensors logic timing connectivity discrete SoC and custom devices The companys products help engineers solve their unique design challenges in a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwonsemicom2FPowerSolutions2Fcontentdo3Fid3D15067ampesheet51986221ampnewsitemid20190516005931amplanenUSampanchorautomotive2Ccommunications2Ccomputing2Cconsumer2Cindustrial2Cmedical2Caerospaceanddefenseapplicationsampindex4ampmd58b89e5b44ce9842954e491a82305f4fd relnofollowautomotive communications computing consumer industrial medical aerospace and defense applicationsa ON Semiconductor operates a responsive reliable worldclass supply chain and quality program a robust compliance and ethics program and a network of manufacturing facilities sales offices and design centers in key markets throughout North America Europe and the Asia Pacific regions For more information visit a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwonsemicomampesheet51986221ampnewsitemid20190516005931amplanenUSampanchorhttp3A2F2Fwwwonsemicomampindex5ampmd52d13602c15e8b7429e643a0edd4dac5d relnofollowhttpwwwonsemicoma p ul li classbwlistitemmargb Follow a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Ftwittercom2Fonsemiampesheet51986221ampnewsitemid20190516005931amplanenUSampanchor40onsemiampindex6ampmd5c9a1c53dfc5e8242c635086e5ca6d3ae relnofollowonsemia on bTwitterb li ul p iON Semiconductor and the ON Semiconductor logo are registered 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 Although the company references its website in this news release information on the website is not to be incorporated hereini p p p pimg referrerpolicyunsafeurl alt srchttpsctsbusinesswirecomctCTidbwnewsampsty20190516005931r1ampsidweb02ampdistronxamplangen stylewidth0height0span classbwct31415p

SOURCE: BUSINESS WIRE. ©2015 Business Wire


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