Onsemi sharpens focus on cost control, portfolio streamlining, and SiC gains to navigate downturn

Jingyue Hsiao, DIGITIMES Asia, Taipei Tuesday 6 May 2025 0

Credit: AFP

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. The company is streamlining its portfolio, exiting non-core businesses,...

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