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ON Semiconductor further announced that it intends to take restructuring measures during the first quarter of 2020 to realign its investments.
March 10, 2020
By: Anthony Locicero
Copy editor, New York Post
ON Semiconductor Corporation provided an update to its first-quarter 2020 revenue outlook. This update incorporates the potential impact of change in business conditions due to the novel coronavirus known as COVID-19, the company said. “Based on preliminary assessment of the current business environment, we anticipate that our revenue for first quarter of 2020 will be in range of $1,275 million to $1,325 million, as compared to our earlier guidance of $1,355 million to $1,405 million, which we...
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