Flexible Electronics News

ON Semiconductor Reports Second Quarter 2019 Results

Notes revenue of $1,347.7 million, down approximately 7% compared to 2018 second quarter revenue.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

ON Semiconductor Corporation announced that 2019 second quarter revenue was $1,347.7 million, down approximately 7% compared to 2018 second quarter revenue, while 2019 second quarter revenue was down approximately 3% as compared to 2019 first quarter revenue.   During the second quarter, ON Semiconductor announced that it has signed a definitive agreement to acquire, in a phased transaction, a 300mm fab located at East Fishkill, NY and related assets from GLOBALFOUNDRIES. ON Semiconductor also a...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters