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ON Semiconductor Reports 1Q 2018 Results

Records revenue of $1,377.6 million and gross margin of 37.6%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ON Semiconductor Corporation announced that total revenue in the first quarter of 2018 was $1,377.6 million, down approximately 4% compared to GAAP revenue in the first quarter of last year. First quarter 2018 revenue was approximately flat as compared to revenue in fourth quarter of 2017.   “We delivered strong revenue and margin performance in the first quarter. We are seeing an upwards inflection in long-term demand for our products, driven by strengthening engagement with our customers on ...

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