On Semiconductor (ON) or Onsemi, has disclosed a major restructuring plan to lay off about 2,400 employees globally in 2025. This decision follows the chipmaker’s struggle with declining demand ...

Onsemi ON-1.43%decrease; red down pointing triangle is planning a 9% cut to its workforce as it tries to maintain its pace of innovation amid a drop in demand and falling revenue. The ...

Onsemi said this week that it plans to lay off about 9% of its workforce by year’s end as the Arizona-based chipmaker cuts costs in response to a sharp decline in sales. The company employs ...

In a move to streamline operations and reduce costs, ON Semiconductor Corp (NASDAQ:ON), a prominent player in the semiconductor industry with a market capitalization of $21.55 billion, disclosed a ...

onsemi Hyperlux™ ID is the industry’s first real-time, indirect time-of-flight (iToF) sensor that offers high precision long distance measurements and 3D imaging of fast-moving objects ...

Onsemi (NASDAQ:ON – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty-five research firms that are presently covering the company, MarketBeat.com reports.

Onsemi has offered $35.10 for each Allegro share, it said on Wednesday, higher than its previous offer of $34.50 made in 2024. The offer values Allegro at an implied enterprise value of $6.9 ...

ON Semiconductor plans to cut 2,400 jobs in a restructuring move, aiming for $105M-$115M in annual savings. CEO Hassane El-Khoury shifts focus to AI chip demand, pausing side projects as ON ...

Investors with a lot of money to spend have taken a bullish stance on ON Semiconductor ON. And retail traders should know. We noticed this today when the trades showed up on publicly available ...

American chipmaker Onsemi has announced a restructuring plan that will result in approximately 2,400 job cuts across all business divisions globally this year. In a filing, the company said the ...

The plan was initiated on Monday, and the company expects charges between $50 million and $60 million in relation to the job cuts, with most of these expected to be recorded within the current year.

US chipmaker Onsemi is making another attempt to acquire smaller rival Allegro MicroSystems for cash, after being rebuffed repeatedly over the past six months. Onsemi has offered to pay $35.10 for ...