ON Semiconductor
ON Semiconductor (NASDAQ: ON) designs intelligent power and sensing semiconductors — including SiC, GaN, MOSFETs, image sensors, and analog/mixed-signal ICs — serving automotive, industrial, and AI data center OEMs via direct sales and global distribution.
- Company typePublic
- Founded1999
- HeadquartersTokyo, Japan
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What ON Semiconductor does
ON Semiconductor (onsemi), founded in 1999 and headquartered in Scottsdale, Arizona, is a publicly traded semiconductor company (NASDAQ: ON) operating 19 manufacturing sites across 9 countries, 43 design centers, and 8 solution engineering centers with approximately 26,000 employees and a portfolio of more than 80,000 parts. The company specializes in intelligent power and sensing technologies, centered on four technology platforms: Silicon Carbide (EliteSiC, with vertically integrated production from substrate to module and M3e MOSFETs at 650V-1700V), Gallium Nitride (GaNEXUS at 40V-1200V and proprietary Vertical GaN at the Syracuse, NY fab, with 130+ patents covering the GaN-on-GaN architecture), analog/mixed-signal ICs on the Treo 65nm BCD platform (1-90V), image sensing through the Hyperlux family, and PowerTrench MOSFETs. The product stack supports traction inverters, onboard chargers, ADAS cameras, robotic perception, AI server power delivery, and energy infrastructure.
The business model is enterprise B2B hardware sales through a combination of direct field sales and a global distributor network (Digi-Key, Mouser, regional distributors across APAC, Americas, and EMEA) with quote-based pricing and multi-year supply contracts tied to OEM design-ins. Primary end markets are Automotive (NIO, Geely, Volkswagen Group, Xiaomi, FORVIA HELLA — covering ADAS, EV powertrain, LED lighting, and zonal architecture) and Industrial (automation, robotics, solar/storage, DC fast EV charging), with Computing/Data Center as the fastest-growing segment (AI data center revenue doubled YoY in Q1 2026 and is projected to roughly double again in 2026). Secondary exposure spans Medical, Aerospace/Defense, and Consumer. FY2025 revenue was approximately $6.0 billion (down ~15% YoY), Q1 2026 returned to 5% YoY growth at $1.51 billion, and the company generated record FY2025 free cash flow of $1.42 billion, funding ongoing share repurchases.
Strategic positioning centers on energy-efficient wide-bandgap semiconductors (SiC, GaN) for electrification and AI infrastructure. The pending $7 billion all-stock acquisition of Synaptics (announced June 2026, expected close mid-2027) marks a deliberate entry into edge AI and physical AI through Synaptics' compute, wireless connectivity, and human-machine interface portfolio, with management projecting $200 million in annual synergies and a 2030 TAM expansion to $243 billion. Capital structure is supported by $1.3 billion (later $1.5 billion total) of 0% Convertible Senior Notes due 2031 issued in May 2026. Sustainability credentials include Ethisphere World's Most Ethical Companies recognition for six consecutive years through 2021, EcoVadis Platinum (2020), and inclusion in the Dow Jones Sustainability Index.
ON Semiconductor firmographics
Firmographics- Name
- ON Semiconductor
- Legal name
- ON Semiconductor Corporation
- Website
- https://onsemi.jp
- Company type
- Public
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- ON Semiconductor (NASDAQ: ON) designs intelligent power and sensing semiconductors — including SiC, GaN, MOSFETs, image sensors, and analog/mixed-signal ICs — serving automotive, industrial, and AI data center OEMs via direct sales and global distribution.
- Ownership category
- akta.pro rank
ON Semiconductor industry classification
Industry- Product category
- Power Semiconductors
- NAICS
- Semiconductor and Related Device Manufacturing (334413), Semiconductor and Other Electronic Component Manufacturing (3344), Semiconductor and Other Electronic Component Manufacturing (33441)
- SIC
- Semiconductors & Related Devices (3674), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Wide-Bandgap Power Devices (SiC/GaN Discretes) (HDAHAHAG)
- akta.pro secondary industries
- Power Modules (IGBT/MOSFET/SiC/GaN Modules) (HDAHAHAH), High-Voltage, Power Discretes & Modules (IGBT/MOSFET/SiC/GaN) (HDAHAAAK), Power Management & Power ICs (HDAHAAAE), Compound Semiconductor Wafers & Substrates (SiC/GaN/GaAs/InP/Sapphire) (HDAHAGAB), Semiconductors for Industrial Control & Power (MCUs, DSPs, FPGAs, ASICs, IGBTs, MOSFETs, diodes) (IMAGAJAE), Wide-Bandgap (SiC/GaN) Power Modules, Gate Drivers & Packaging (EUAFAIAJ)
Keywords
Where ON Semiconductor is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices5 records
Markets served
ON Semiconductor business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Semiconductor Hardware Sales: ON Semiconductor generates revenue primarily through the sale of semiconductor components including power semiconductors (SiC, GaN, MOSFETs, IGBTs), image sensors, mixed-signal ICs, and power modules. Revenue from Q1 2026 was $1.51 billion. The company serves automotive, industrial, computing, medical, and aerospace/defense markets.
- AI Data Center Solutions: Growing revenue stream from power management solutions for AI data centers including GaNEXUS, EliteSiC, and power stages. AI data center revenue grew over 30% sequentially and doubled year-over-year in Q1 2026. Projected to double again in 2026 to approximately $500 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B semiconductor components sold through direct sales and distributors |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
ON Semiconductor product offering
Product offeringCore offering
ON Semiconductor (onsemi) designs and manufactures intelligent power and sensing semiconductors, including Silicon Carbide (SiC), Gallium Nitride (GaN), MOSFETs, IGBTs, image sensors, and mixed-signal ICs. The company offers over 80,000 different parts serving automotive, industrial, computing, medical, aerospace/defense, and consumer markets through direct sales and a global distributor network.
Product overview
ON Semiconductor (onsemi) offers intelligent power and sensing technologies across a portfolio of over 80,000 parts. The product portfolio centers on the Treo Platform (BCD 65nm analog/mixed-signal), GaNEXUS (gallium nitride 40V-1200V), EliteSiC (silicon carbide 650V-1700V), Vertical GaN (GaN-on-GaN up to 1200V+), PowerTrench MOSFETs (30V-150V), and Hyperlux image sensors (automotive/industrial). Complementary products include IGBTs, power modules, motor drivers, gate drivers, LED drivers, wireless connectivity (Bluetooth LE), interfaces, timing/logic, and memory. Design tools include Elite Power Simulator and Elite Pairing Studio. Solutions span automotive (ADAS, EV powertrain, LED lighting, zonal architecture), industrial (automation, robotics, energy infrastructure), data center (AI server power), medical, and aerospace/defense. Products are sold directly and through distribution to tens of thousands of customers globally.
Differentiator
Problem solved
Functional benefit
Brands
- EliteSiC: Silicon Carbide (SiC) power semiconductor family for high-efficiency, high-voltage power systems
- GaNEXUS
- Hyperlux
- Treo Platform
- PowerTrench
- Vertical GaN (vGaN)
Products and services
- EliteSiC
Quantifiable outcome
- AI data center revenue doubled year-over-year in Q1 2026 with over 30% sequential growth
- +3 more outcomes
Companies that use ON Semiconductor
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles4 records
ON Semiconductor technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature6 records
ON Semiconductor partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights6 records
ON Semiconductor competitors and assessment
Company assessmentDirect peers
- Infineon Technologies: Infineon is the global leader in power semiconductors and a direct competitor in SiC, IGBTs, MOSFETs, and automotive power ICs. Its broad portfolio and large automotive share overlap directly with ON Semiconductor's core intelligent power and sensing business.
- STMicroelectronics: STMicroelectronics competes directly with ON Semiconductor in SiC MOSFETs, automotive microcontrollers, power management ICs, and image sensors. Its broad automotive and industrial footprint and SiC investments position it as a primary direct peer.
Broad incumbents
- Texas Instruments: Texas Instruments is the largest analog and mixed-signal semiconductor company, competing with ON Semiconductor's Treo Platform power management ICs and analog products. Its scale, IDM model, and broad automotive/industrial presence make it a key incumbent peer.
- NXP Semiconductors: NXP is a major automotive semiconductor incumbent competing with ON Semiconductor in ADAS, automotive radar, and vehicle electrification. Both serve similar Tier-1 and OEM customers across global automotive platforms.
- Renesas Electronics: Renesas is a leading automotive and industrial semiconductor company with overlapping microcontroller, power management, and analog product portfolios. Its automotive focus and global customer base align with ON Semiconductor's primary segments.
- Analog Devices: Analog Devices competes in mixed-signal and power management semiconductors serving automotive, industrial, and aerospace markets. Its precision analog and sensing portfolios overlap with ON Semiconductor's Treo Platform and Hyperlux image sensors.
- Microchip Technology: Microchip Technology is a broad analog and microcontroller supplier serving industrial and automotive markets. Its mixed-signal and power management offerings compete with ON Semiconductor's Treo Platform and standard products portfolio.
Emerging players
- Wolfspeed: Wolfspeed is a pure-play silicon carbide company with vertically integrated substrate-to-device manufacturing. It is the most direct pure-SiC competitor to ON Semiconductor's EliteSiC franchise and a leading emerging player in the wide-bandgap semiconductor market.
- Power Integrations: Power Integrations specializes in high-voltage power conversion ICs for power supplies, EV charging, and industrial applications. It competes with ON Semiconductor's EliteSiC and GaNEXUS portfolios in specific power conversion use cases.
- Allegro MicroSystems: Allegro MicroSystems designs sensor ICs and power management solutions primarily for automotive and industrial applications. Its magnetic sensor and power IC offerings overlap with ON Semiconductor's sensing and intelligent power portfolio.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ON Semiconductor social profiles
Digital presenceON Semiconductor compliance and trust
Trust signalCompliance5 records
ON Semiconductor financial estimates
Financial estimateRevenue estimate
Valuation estimate
ON Semiconductor leadership team
Management profileNumber of profiles
Profiles8 records
ON Semiconductor subsidiaries and ownership
Company hierarchySubsidiaries2 records
ON Semiconductor funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ON Semiconductor M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ON Semiconductor
What does ON Semiconductor do?
ON Semiconductor (onsemi) designs and manufactures intelligent power and sensing semiconductors, including Silicon Carbide (SiC), Gallium Nitride (GaN), MOSFETs, IGBTs, image sensors, and mixed-signal ICs. The company offers over 80,000 different parts serving automotive, industrial, computing, medical, aerospace/defense, and consumer markets through direct sales and a global distributor network.
Is ON Semiconductor a public or private company?
ON Semiconductor is a public company. It is classified as public and is currently operating.
When was ON Semiconductor founded?
ON Semiconductor was founded in 1999. It employs 5,001 to 10,000 people.
Where is ON Semiconductor based?
ON Semiconductor is headquartered in Tokyo, Japan, in the Asia region.
How does ON Semiconductor make money?
Two revenue lines are on record. Semiconductor Hardware Sales are the primary driver. The others are AI Data Center Solutions.
Who are ON Semiconductor's main competitors?
Direct peers on record are Infineon Technologies and STMicroelectronics. Broad incumbents are Texas Instruments, NXP Semiconductors, Renesas Electronics, Analog Devices and Microchip Technology. Emerging players are Wolfspeed, Power Integrations and Allegro MicroSystems.
Does ON Semiconductor have an API?
No public API is recorded for ON Semiconductor.
What industry is ON Semiconductor in?
ON Semiconductor's product category is Power Semiconductors. Its primary akta.pro industry code is HDAHAHAG, Wide-Bandgap Power Devices (SiC/GaN Discretes), with a secondary code of HDAHAHAH, Power Modules (IGBT/MOSFET/SiC/GaN Modules). Its NAICS code is 334413 and its SIC code is 3674.