onsemi is executing on its fab-liter manufacturing strategy with the ultimate goal of sustainable financial performance through gross margins expansion. Last week the company signed a definitive agreement to divest its South Portland, ME fab. Earlier this month, onsemi closed on the sale of its wafer fabrication facility in Oudenaarde, Belgium. As onsemi transitions production to more efficient fabs within its network, it will improve its cost structure by eliminating fixed costs associated w...