With its intelligent power and sensing technologies, onsemi is enabling a sustainable ecosystem while in turn committing to be carbon neutral by 2040
PHOENIX – Aug. 5, 2021 — ON Semiconductor (Nasdaq: ON) today revealed its new trade name “onsemi” and refreshed brand as a next step in the company’s evolution to establish itself as the leading provider of intelligent power and sensing technologies. With a continued focus on the automotive and industrial end-markets, onsemi has sharpened its strategy to drive disruptive innovation that enables and contributes to a sustainable ecosystem of high-growth megatrends such as vehicle electrification, advanced safety, alternative energy and factory automation.
Today, the industrial and automotive end-markets are responsible for two-thirds of global greenhouse gas emissions, providing an immense opportunity for onsemi to do its part in achieving a net-zero economy with its intelligent power and sensing technologies. Climate change not only presents a risk to the environment, but opportunities for innovative business solutions and onsemi is committed to applying its research and design expertise and adapting its own operations to achieve net-zero emissions by 2040.
Under the new tagline, “Intelligent Technology. Better Future.”, onsemi plans to break through traditional thinking and market barriers to create innovative and game-changing solutions that solve customers’ most difficult design challenges, and support their achievement of their own climate initiatives, propelling the sustainable energy revolution. onsemi’s value proposition includes a unique combination of deep systems knowledge, technology leadership, and industry-leading manufacturing and packaging proficiency.
“We have spent the last several months focusing the strategy, and realigning our product portfolio and investments to deliver market-leading and differentiated technologies to our customers,” said Hassane El-Khoury, CEO and president at onsemi. “We are creating intelligent power and sensing technologies to enable our customers’ success, drive a better future for next generations and create value for our shareholders, always with an eye on sustainability to make the world a better place for everyone.”