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Business listed for second year in a row, up 23 positions
PHOENIX–(Small business WIRE)–
ON Semiconductor Corporation (Nasdaq: ON), driving power effective innovations, has been named to the Fortune Quickest-Increasing Firms list for the second year in a row moving up 23 positions from final year. ON Semiconductor is a premier supplier of higher functionality silicon options for power effective electronics. The company’s broad portfolio of energy, analog, sensors and connectivity solutions assists buyers effectively resolve their style challenges in automotive, industrial, cloud energy and the World-wide-web of Items (IoT) applications.
“Being recognized on the Fortune Quickest-Increasing Firms list for the second year in a row is a testament to the tough function and persevering efforts from our international employee base,” mentioned Keith Jackson, president and CEO of ON Semiconductor. “We continue to see a meaningful improve in our content material getting created into important automotive, industrial, and cloud-energy applications and think these to be amongst the quickest-increasing semiconductor finish-markets for a lengthy time. This continuous evolution in our business is rooted in our playing-to-win mentality as evidenced by our leadership position in mature markets though expanding in these important development regions.”
“We continue to make prudent investments to strengthen our competitive position in our strategic finish-markets,” mentioned Bernard Gutmann, executive vice president and CFO. “Our functionality speaks to the transformative nature of our company as we continue to engineer a improved tomorrow via our actions nowadays. I want to thank all of our workers and company partners for their dedication to our important initiatives more than the years. As we strategy a 20 year milestone IPO year in 2020, we appear forward to an additional 20 years of paramount successes.”
Headquartered in Phoenix, Arizona (USA), the business has more than 160 areas in North America, Europe and Asia and a international employee count of extra than 36,000. This international presence combined with the depth and breadth of its portfolio of more than 86,000 solutions and an in depth intellectual home portfolio enables the business to be agile and competitive in an ever-altering marketplace.
In addition to this accomplishment, ON Semiconductor was not too long ago recognized as #485 on the Fortune 500, on top of that recognized as a single of Wall Street Journal’s Management Major 250, was listed on the Dow Jones Sustainability Index and recognized by Ethisphere as a single of the World’s Most Ethical Firms for the fourth consecutive year.
Each and every organization’s all round rank on Fortune’s 100 Quickest-Increasing Firms list was determined on 3 regions of functionality more than a 3-year period ending June 28, 2019: typical annual income development, typical improve in earnings per share and total stock return. To see the complete list click right here.
About ON Semiconductor
ON Semiconductor (Nasdaq: ON) is driving power effective innovations, empowering buyers to lower international power use. The business is a major supplier of semiconductor-primarily based options, providing a extensive portfolio of power effective, energy management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company’s solutions aid engineers resolve their special style challenges in automotive, communications, computing, customer, industrial, health-related, aerospace and defense applications. ON Semiconductor operates a responsive, reputable, globe-class provide chain and high-quality system, a robust compliance and ethics system, and a network of manufacturing facilities, sales offices and style centers in important markets all through North America, Europe and the Asia Pacific regions. For extra facts, pay a visit to http://www.onsemi.com.
ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Elements Industries, LLC. All other brand and solution names appearing in this document are registered trademarks or trademarks of their respective holders. Though the business references its web-site in this news release, facts on the web-site is not to be incorporated herein.
Vice President Investor Relations and Corporate Improvement
Supply: ON Semiconductor Corporation