Tag: Onsemi
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Onsemi reveals $2 bn semiconductor investment in Czech Republic
U.S. chipmaker Onsemi has decided to invest up to $2 billion to boost its semiconductor production in the Czech Republic.
Onsemi is expecting incentives from the...
Onsemi to slash 1,000 jobs as part of cost-cutting measures
Onsemi, a leading semiconductor manufacturer, said it will cut job to approximately 1,000 employees. This decision comes as the company aims to streamline operations...
Chipmaker Onsemi cuts jobs, forecast weak fourth-quarter on slowing EV demand
Leading chipmaker Onsemi has announced its financial results for the third quarter of 2023, reporting revenue of $2,181 million. This figure represents a slight...
Onsemi Expands Silicon Carbide Facility in South Korea to Meet Growing Demand
Onsemi has announced the completion of the expansion of its silicon carbide (SiC) fabrication facility in Bucheon, South Korea.
This expansion addresses the surging demand...
Onsemi posts 1% growth in Q1 revenue to $1.95 bn
Onsemi has reported revenue of $1.959 billion (+1 percent) with operating margin of 28.8 percent for the first quarter of 2023.
Onsemi has generated revenue of...
