03.11.2021 • News

ON Semiconductor reports Record Revenue for Third Quarter 2021

ON Semiconductor Corporation announced results for the third quarter of 2021. The company reports a record revenue of $1,742.1 million, an increase of 32 percent year-over-year.

Hassane El-Khoury, president and CEO of On Semiconductor, was pleased with the results. He stated: “We delivered another quarter of record results driven by on-going execution of our new strategy with demand remaining strong for our intelligent power and sensing solutions in the automotive and industrial end-markets."

He continues: "With a rapidly expanding design-win funnel for disruptive applications such as electric vehicles, ADAS, industrial automation, and alternative energy, coupled with ongoing transformational changes, we are making sustainable progress towards our target financial model”.

test

Selected financial results for the quarter are shown with comparable periods. Image: On Semiconductor

Company

ON Semiconductor

NE Glisan Street 23400
97030 Gresham OR
US

Company contact







SPS Atlanta

A New Era of Smart Manufacturing Begins

A New Era of Smart Manufacturing Begins

The inaugural SPS – Smart Production Solutions Atlanta starts soon, marking a significant milestone in the evolution of the SPS brand

PhotonicsViews

PhotonicsViews September 2025 available now!

PhotonicsViews September 2025 available now!

The new issue of the PhotonicsViews is available. Read the September 2025 issue for free as PDF or E-Paper.

most read

Photo
10.06.2025 • NewsMachine Vision

The winners of the inspect award 2025

This time, with two additional categories, “SMEs” and “Artificial Intelligence,” the selection was even larger than usual. But now they have been chosen: the machine vision products of the year 2025.