ON Semiconductor feeds

ON Semiconductor Introduces New Series of Adjustable Output Low Dropout Voltage Regulators for Automotive Applications

Wed, 22 Feb 2012 07:00:00 GMT

PHOENIX, Ariz. – Feb. 22, 2012 – ON Semiconductor (Nasdaq: ONNN), a premier supplier of high performance silicon solutions for energy efficient electronics, has announced two new low dropout (LDO) voltage regulator ICs. Building on the company’s market-leading power management portfolio for automotive applications, the new devices are ideal for use in audio and infotainment systems, instrument cluster, navigation and satellite radio.

ON Semiconductor Reports Fourth Quarter and 2011 Annual Results

Wed, 08 Feb 2012 07:00:00 GMT

For the fourth quarter of 2011, highlights include:
• Total revenues of approximately $767.9 million
• GAAP gross margin of 31.1 percent
• Non-GAAP gross margin of 32.9 percent
• GAAP net loss per fully diluted share of $0.02
• Non-GAAP net income per fully diluted share of $0.13
• Record cash, cash equivalents and short-term investments of $901.5 million
• Completed a $325 million five-year senior revolving credit facility
• Extended debt maturity of $198.6 million of 2.625% convertible senior subordinated notes from December 2013 to December 2016 via a notes exchange

For 2011, highlights include:
• Record total revenues of approximately $3.442 billion, up approximately 49 percent compared to 2010
• Record adjusted EBITDA of $626.7 million
• Completed the acquisitions of SANYO Semiconductor in January and the CMOS Image Sensor Business Unit from Cypress Semiconductor in February

PHOENIX, Ariz. – Feb. 8, 2012 – ON Semiconductor Corporation (Nasdaq: ONNN) today announced that total revenues in the fourth quarter of 2011 were $767.9 million, a decrease of approximately 14 percent from the third quarter of 2011. During the fourth quarter of 2011, as previously indicated, the company was negatively impacted from the flood in Thailand. During the fourth quarter of 2011, the company reported a GAAP net loss of $8.8 million, or $0.02 per fully diluted share. The fourth quarter 2011 GAAP net loss was impacted by $67.2 million of special items which include restructuring, asset impairment and other charges, which were primarily related to the Thailand flood and charges associated with the convertible notes exchange. The complete special item details can be found in the attached schedules.

Fourth quarter 2011 non-GAAP net income was $58.4 million, or $0.13 per share on a fully diluted basis. Third quarter 2011 non-GAAP net income was $110.5 million, or $0.24 per share on a fully diluted basis. A reconciliation of these non-GAAP financial measures (and other non-GAAP measures used elsewhere in this release, such as non-GAAP gross margin and adjusted EBITDA) to the company’s most directly comparable measures prepared in accordance with U.S. GAAP are set forth in the attached schedules and on our website at http://www.onsemi.com/.

On a mix-adjusted basis, average selling prices for ON Semiconductor in the fourth quarter of 2011 were down approximately two to three percent when compared to the third quarter of 2011. Total company GAAP gross margin in the fourth quarter was 31.1 percent. Total company GAAP gross margin in the fourth quarter included a net charge of approximately $13.3 million, or approximately 180 basis points, from special items including the Thailand related inventory write down. Total company non-GAAP gross margin in the fourth quarter was 32.9 percent.

Adjusted EBITDA for the fourth quarter of 2011 was $122.0 million. Adjusted EBITDA for the third quarter of 2011 was $169.9 million.

Total revenues for 2011 were a record $3.442 billion, an increase of approximately 49 percent from $2.313 billion in 2010. During 2011, the company reported GAAP net income of $11.6 million, or $0.03 per fully diluted share. The 2011 GAAP net income included net charges of $383.5 million from special items. During 2010, the company reported GAAP net income of $290.5 million, or $0.65 per fully diluted share. The 2010 GAAP net income included net charges of $105.3 million from special items. The special item details can be found in the attached schedules.

The non-GAAP net income for 2011 was $395.1 million, or $0.86 per share on a fully diluted basis. The non-GAAP net income for 2010 was $395.8 million, or $0.89 per share on a fully diluted basis.

The company’s GAAP gross margin in 2011 was 29.3 percent. GAAP gross margin in 2011 included a net charge of approximately $190.8 million, or approximately 550 basis points, from special items. Non-GAAP gross margin in 2011 was 34.8 percent. The company’s GAAP gross margin in 2010 was 41.3 percent. GAAP gross margin in 2010 included a net charge of approximately $10.4 million, or approximately 50 basis points, from special items. Non-GAAP gross margin in 2010 was 41.8 percent. The special item details can be found in the attached schedules.

“2011 was a transformational year for the company,” said Keith Jackson, ON Semiconductor president and CEO. “During the year we completed the acquisitions of SANYO Semiconductor and the CMOS Image Sensor Business Unit. We achieved record annual revenues and adjusted EBITDA in 2011 and ended the year with our highest cash, cash equivalents and short term-investments in our history at over $900 million. After a challenging second half of 2011 for the industry and ON Semiconductor, we believe that the first quarter of 2012 represents the bottom of the current semiconductor cycle.”

FIRST QUARTER 2012 OUTLOOK
“During the fourth quarter, the company faced significant challenges related to the flood in Thailand and the resulting damage to our SANYO Semiconductor manufacturing facilities located in that country,” Jackson said. “Our SANYO Semiconductor segment revenue in the first quarter of 2012 will continue to be negatively impacted by lower production capacity as a result of the Thailand flood. We are, however, expecting SANYO Semiconductor revenues to be approximately flat compared to the fourth quarter of 2011 as orders that were fulfilled out of finished goods inventory in the fourth quarter of 2011 will begin to be fulfilled from production capacity at other locations within our global internal and external manufacturing network in the first quarter of 2012. We also believe that the historical ON Semiconductor business will be seasonally down in the first quarter of 2012.”

“Based upon product booking trends, backlog levels and estimated turns levels, we anticipate that total ON Semiconductor revenues will be approximately $720 to $760 million in the first quarter of 2012,” Jackson said. “Backlog levels for the first quarter of 2012 represent approximately 80 to 85 percent of our anticipated first quarter 2012 revenues. We expect that average selling prices for the first quarter of 2012 will be down approximately two to three percent when compared to the fourth quarter of 2011. The non-GAAP outlook for the first quarter of 2012 includes stock-based compensation expense of approximately $8 to $10 million.”

The following table outlines ON Semiconductor’s projected first quarter of 2012 GAAP and non-GAAP outlook.

* Convertible Notes, Non-cash Interest Expense is pursuant to FASB’s Accounting Standards Codification (“ASC”) Topic 470: Debt.
** Fully diluted share count can vary for, among other things, the actual exercise of options or restricted stock units, the incremental dilutive shares from all of the company’s convertible senior subordinated notes, and the repurchase or the issuance of stock or convertible notes or the sale of treasury shares. Please refer to the table on our website for potential changes to the Fully Diluted Share Count. This table can be found on our website at http://www.onsemi.com under Investors - Investor Relations, Quarterly Results.
*** Special Items can include: amortization of intangible assets, amortization of acquisition-related intangibles, expensing of inventory fair market value step-up, inventory write downs, purchased in-process research and development expenses, inventory valuation adjustments, restructuring, asset impairments and other, net, goodwill impairment charges, gains and losses on debt prepayment, income tax adjustments to approximate cash taxes, non-cash interest expense, their related tax effects and certain other special items as appropriate.
**** Regulation G and other provisions of the securities laws regulate the use of financial measures that are not prepared in accordance with GAAP. We believe these non-GAAP measures provide important supplemental information to investors. We use these measures, together with GAAP measures, for internal managerial purposes and as a means to evaluate period-to-period comparisons. However, we do not, and you should not, rely on non-GAAP financial measures alone as measures of our performance. We believe that non-GAAP financial measures reflect an additional way of viewing aspects of our operations that – when taken together with GAAP results and the reconciliations to corresponding GAAP financial measures that we also provide in our releases – provide a more complete understanding of factors and trends affecting our business. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies’ non-GAAP financial measures, even if they have similar names.

FINANCIALS

TELECONFERENCE
ON Semiconductor will host a conference call for the financial community at 5:00 p.m. Eastern Time (ET) on February 8, 2012, to discuss this announcement and ON Semiconductor’s fourth quarter and 2011 annual results. The company will also provide a real-time audio webcast of the teleconference on the Investor Relations page of its website at http://www.onsemi.com. The webcast replay will be available at this site approximately one hour following the live broadcast and will continue to be available for approximately 30 days following the conference call. Investors and interested parties can also access the conference call through a telephone call by dialing (888) 546-9664 (U.S./Canada) or (973) 935-8144 (International). In order to join this conference call, you will be required to provide the Conference ID Number – which is 48965565. Approximately one hour following the live broadcast, the company will provide a dial-in replay that will continue to be available through February 15, 2012. To listen to the teleconference replay, call (855) 859-2056 (U.S./Canada) or (404) 537-3406 (International). You will be required to provide the Conference ID Number – which is 48965565.

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included or incorporated in this document could be deemed forward-looking statements, particularly statements about the future financial performance of ON Semiconductor. These forward-looking statements are often characterized by the use of words such as “believes,” “estimates,” “expects,” “projects,” “may,” “will,” “intends,” “plans,” or “anticipates,” or by discussions of strategy, plans or intentions. All forward-looking statements in this document are made based on information available to us as of the date of this release, our current expectations, forecasts and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. Among these factors are the uncertainty surrounding natural disasters, including the ongoing impact of the flood in Thailand, including availability of historical books and financial and corporate records and data, labor and supply costs, our ability to effectively shift production to other facilities in order to maintain supply continuity for our customers, any impact on our controls and procedures, our ability to collect on insurance claims and the timing thereof, the fact that the timing of events could differ materially from those anticipated, uncertainties as to restructuring, impairment and other costs and charges including the potential for unanticipated charges not currently contemplated and our revenues and operating performance. Other factors include poor economic conditions and markets (including current credit and financial conditions), effects of exchange rate fluctuations, the cyclical nature of the semiconductor industry, changes in demand for our products, changes in inventories at our customers and distributors, technological and product development risks, enforcement and protection of our intellectual property rights and related risks, availability of raw materials, electricity, gas, water and other supply chain uncertainties, our ability to effectively shift production to other facilities in order to maintain supply continuity for our customers, variable demand and the aggressive pricing environment for semiconductor products, our ability to successfully manufacture in increasing volumes on a cost-effective basis and with acceptable quality for our current products, competitor actions including the adverse impact of competitor product announcements, pricing and gross profit pressures, loss of key customers, order cancellations or reduced bookings, changes in manufacturing yields, control of costs and expenses and realization of cost savings from restructurings and synergies, significant litigation, risks associated with decisions to expend cash reserves for various uses such as debt prepayment or acquisitions rather than to retain such cash for future needs, risks associated with acquisitions and dispositions (including from integrating and consolidating, and timely filing financial information with the Securities and Exchange Commission for, acquired businesses, such as SANYO Semiconductor, and difficulties encountered in accurately predicting the future financial performance of acquired businesses, such as SANYO Semiconductor), risks associated with our substantial leverage and restrictive covenants in our debt agreements from time to time, risks associated with our worldwide operations including foreign employment and labor matters associated with unions and collective bargaining arrangements as well as man-made and/or natural disasters such as the flooding in Thailand or the Japan earthquake and tsunami affecting our operations and finances/financials, the threat or occurrence of international armed conflict and terrorist activities both in the United States and internationally, risks and costs associated with increased and new regulation of corporate governance and disclosure standards (including pursuant to Section 404 of the Sarbanes-Oxley Act of 2002), risks related to new legal requirements and risks involving environmental or other governmental regulation. Information concerning additional factors that could cause results to differ materially from those projected in the forward-looking statements is contained in ON Semiconductor’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other of our filings with the Securities and Exchange Commission. If any of these trends, risks or uncertainties actually occurs or continues, our business, financial condition or operating results could be materially adversely affected, the trading prices of our securities could decline, and investors could lose all or part of their investment. Readers are cautioned not to place undue reliance on forward-looking statements. These forward-looking statements should not be relied upon as representing our views as of any subsequent date and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made.

ON Semiconductor Showcases Breakthrough Power Products for Reducing Energy Consumption in Standby Mode at APEC 2012

Mon, 06 Feb 2012 07:00:00 GMT

Applied Power Electronics Conference (APEC) – ORLANDO, Florida – Booth 200 - Feb. 6, 2012 – ON Semiconductor (Nasdaq: ONNN), a premier supplier of high performance silicon solutions for energy efficient electronics, continues to develop innovative technology and products that allows it to offer a broad portfolio of power semiconductor solutions to the market.

Phase Synchronizing Clock Generator

Thu, 02 Feb 2012 22:06:36 GMT

P1P3800A : Phase Synchronizing Clock Generator

Phase of output clocks are selectable through four select signals that provide sixteen configurations
Glitch free output transition when select inputs change state
Power down mode makes this IC suitable for low power applications

LVCMOS Spread Spectrum Peak EMI Reduction Device

Thu, 02 Feb 2012 22:05:01 GMT

P3P8163A : LVCMOS Spread Spectrum Peak EMI Reduction Device

Spread spectrum output clock with a ± 0.4% deviation enables system wide EMI reduction when applied at source
Ability to use a crystal or a direct clock input
Provides two buffered outputs: CLK1 and CLK2 with flexibility to turn on/off CLK2

ON Semiconductor Names Its 2011 Distribution Partner Award Winners

Thu, 02 Feb 2012 07:00:00 GMT

PHOENIX, Ariz. – Feb. 2, 2012 – ON Semiconductor Corporation (Nasdaq: ONNN) a premier supplier of high performance silicon solutions for efficient electronics, has announced its top 2011 distribution partners. These awards honor the distributor in each region that led overall channel sales, grew market share, captured increased sales of products from acquisitions made by ON Semiconductor, and scored high on overall process excellence.

The 2011 awards are as follows:

• Arrow Electronics: Leading Distribution Partner for the Americas
• Arrow Electronics: Leading Distribution Partner for Europe
• Yosun: Leading Distribution Partner for China
• World Peace International: Leading Distribution Partner for Taiwan
• Uniquest: Leading Distribution Partner for Korea
• Arrow Electronics: Leading Distribution Partner for Southeast Asia
• Yosun: Leading Distribution Partner for India

• Mouser Electronics: Leading Global Distribution Partner for New Product Introduction

“Distribution sales accounted for approximately 36 percent of ON Semiconductor’s 2011 annual revenues and are expected to continue to grow,” said Jeff Thomson, vice president of Global Channel Sales for ON Semiconductor. “The ongoing market penetration and overall product revenue growth of the company continue to be highly dependent on the collaborative working relationships and unique channel sales programs we have fostered with our worldwide distribution partners. Each of the 2011 award winners successfully grew product sales, generated significant new business, and effectively supported both our customers’ needs and ON Semiconductor’s initiatives for operational excellence. ON Semiconductor is pleased to recognize these outstanding channel partners for their valuable contributions throughout 2011.”

ON Semiconductor to Announce Fourth-Quarter and 2011 Financial Results

Tue, 31 Jan 2012 07:00:00 GMT

PHOENIX, Ariz. – Jan. 31, 2012 – ON Semiconductor Corporation (Nasdaq: ONNN) a premier supplier of high performance silicon solutions for energy efficient electronics, plans to announce its financial results for the fourth quarter ending December 31, 2011, after the market closes on Wednesday, February 8, 2012.

The company will host a conference call at 5:00 p.m. Eastern Time (ET) on February 8, following the release of its financial results. Investors and interested parties can access the conference call in the following manner:

• Webcast: A live webcast of the conference call will be available via the “Investors” section of the company’s website at http://www.onsemi.com. The re-broadcast of the call will be available at this site approximately one hour following the live broadcast and will continue for 30 days.

• Teleconference: A telephone conference of the earnings report can be accessed by dialing 888-546-9664 (U.S./Canada) or 973-935-8144 (International). In order to join this conference call, you will be required to provide the Conference ID Number – which is 48965565.

• Teleconference Replay: Approximately one hour following the live broadcast, the company will provide a dial-in replay that will continue to be available through February 15, 2012. To listen to the teleconference replay, call 855-859-2056 (U.S./Canada) or 404-537-3406 (International). You will be required to provide the Conference ID Number – which is 48965565.

300 mA Low Dropout Linear Voltage Regulator

Fri, 20 Jan 2012 06:50:09 GMT

CAT6220 : 300 mA Low Dropout Linear Voltage Regulator

2.3 – 6.5 V voltage range enables operation from 4 Carbon-Zinc or Alkaline batteries
10 µA typical operating current
Stable operation with small ceramic output capacitor

ON Semiconductor Receives Trusted Foundry and Broker Accreditations

Tue, 17 Jan 2012 07:00:00 GMT

PHOENIX, Ariz. – Jan. 17, 2012 – ON Semiconductor (Nasdaq: ONNN), a premier supplier of high performance silicon solutions for energy efficient electronics, has been granted Category 1A Trusted Foundry accreditation for its Pocatello, Idaho, ‘Fab 10’, and Gresham, Oregon, facilities. The Trusted Foundry Program is a Department of Defense (DOD) project to accredit trusted, secure sources for the development and manufacture of Application Specific Integrated Circuits (ASICs) for a wide range of critical DOD applications including GPS, thermal imaging and encrypted media. The program seeks to negate the potential risk of system counterfeiting, tampering or sabotage.

Energy conservation fuels technology growth opportunities

Wed, 04 Jan 2012 07:00:00 GMT

Energy conservation fuels technology growth opportunities

Delivering Efficiency in White Goods

Wed, 04 Jan 2012 07:00:00 GMT

Delivering Efficiency in White Goods

ON Semiconductor Enters into a $325 Million Revolving Credit Facility

Fri, 23 Dec 2011 07:00:00 GMT

PHOENIX, Ariz. – Dec. 23, 2011 – ON Semiconductor Corporation (Nasdaq: ONNN) today announced that it has entered into a senior revolving credit facility with a group of lenders. The facility enables the company to borrow up to $325 million under revolving loans. The new facility has a five year term that expires in December of 2016. Fees and interest expense under the revolving credit facility can vary based on the company’s total leverage ratio. Based on the company’s current total leverage ratio, the facility is expected to bear interest at LIBOR plus 175 basis points if drawn. If the facility is undrawn, as it is currently, there is a yearly commitment fee of 35 basis points. This can vary as well based on the total leverage ratio.

Under the revolving credit facility, the company is required to maintain a maximum total leverage ratio of less than 3.75 to 1.00 and a minimum interest coverage ratio of 3.50 to 1.00. The company can utilize the borrowings under the facility for areas such as general corporate purposes, working capital and acquisitions. Further information on the revolving credit facility is contained in the Form 8-K filed by the company today.

“We are pleased to secure a $325 million revolving credit facility at attractive interest rates from a core group of lenders,” said Donald Colvin, ON Semiconductor executive vice president and CFO. “The facility enhances the credit profile of the company and provides ON Semiconductor with considerable financial flexibility to support our longer term corporate objectives.”

# # #

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included or incorporated in this document could be deemed forward-looking statements, particularly statements about the future financial performance of ON Semiconductor. These forward-looking statements are often characterized by the use of words such as “believes,” “estimates,” “expects,” “projects,” “may,” “will,” “intends,” “plans,” or “anticipates,” or by discussions of strategy, plans or intentions. All forward-looking statements in this document are made based on information available to us as of the date of this release, our current expectations, forecasts and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. Among these factors are our revenues and operating performance, poor economic conditions and markets (including current credit and financial conditions), effects of exchange rate fluctuations, the cyclical nature of the semiconductor industry, changes in demand for our products, changes in inventories at our customers and distributors, technological and product development risks, enforcement and protection of our intellectual property rights and related risks, availability of raw materials, electricity, gas, water and other supply chain uncertainties, our ability to effectively shift production to other facilities in order to maintain supply continuity for our customers, variable demand and the aggressive pricing environment for semiconductor products, our ability to successfully manufacture in increasing volumes on a cost-effective basis and with acceptable quality for our current products, competitors’ actions including the adverse impact of competitive product announcements, pricing and gross profit pressures, loss of key customers, order cancellations or reduced bookings, changes in manufacturing yields, control of costs and expenses and realization of cost savings from restructurings and synergies, significant litigation, risks associated with decisions to expend cash reserves for various uses such as debt prepayment or acquisitions rather than to retain such cash for future needs, risks associated with acquisitions and dispositions (including from integrating and consolidating, and timely filing financial information with the Securities and Exchange Commission for, recently acquired businesses, such as SANYO Semiconductor, and difficulties encountered in accurately predicting the future financial performance of recently acquired businesses, such as SANYO Semiconductor), risks associated with our substantial leverage and restrictive covenants in our debt agreements from time to time, risks associated with our worldwide operations including foreign employment and labor matters associated with unions and collective bargaining arrangements as well as man-made and/or natural disasters such as the flooding in Thailand or the Japan earthquake and tsunami affecting our operations and finances/financials, the threat or occurrence of international armed conflict and terrorist activities both in the United States and internationally, risks and costs associated with increased and new regulation of corporate governance and disclosure standards (including pursuant to Section 404 of the Sarbanes-Oxley Act of 2002), risks related to new legal requirements and risks involving environmental or other governmental regulation. Information concerning additional factors that could cause results to differ materially from those projected in the forward-looking statements is contained in ON Semiconductor’s Annual Report on Form 10-K for the period ended December 31, 2010, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other of our filings with the Securities and Exchange Commission. If any of these trends, risks or uncertainties actually occurs or continues, our business, financial condition or operating results could be materially adversely affected, the trading prices of our securities could decline, and investors could lose all or part of their investment. Readers are cautioned not to place undue reliance on forward-looking statements. These forward-looking statements should not be relied upon as representing our views as of any subsequent date and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made.

ON Semiconductor Completes a Private Exchange for $199 Million of its 2.625 Percent Convertible Senior Subordinated Notes Due 2026

Mon, 19 Dec 2011 07:00:00 GMT

PHOENIX, Ariz. – Dec. 19, 2011 – ON Semiconductor Corporation (Nasdaq: ONNN) today announced that it has successfully completed a privately negotiated exchange of approximately $199 million aggregate principal amount of its 2.625 percent Convertible Senior Subordinated Notes due in 2026 with certain holders. Pursuant to the terms of the privately negotiated exchange, approximately $199 million in aggregate principal amount of the existing notes were exchanged for an equal principal amount of new 2.625 percent Convertible Senior Subordinated Notes of the Company due in 2026 and cash consideration. The new notes issued under the transaction have substantially the same terms as the existing notes, other than (i) the first date upon which holders of the notes may require us to repurchase their notes (without regard to the occurrence of certain specified events) has been extended from December 15, 2013 to December 15, 2016 under the new notes, (ii) the first date upon which we will have the right to redeem the notes at our option has been extended from December 15, 2013 to December 20, 2016 under the new notes, and (iii) the first date upon which the notes become convertible (without regard to the occurrence of certain specified events) has been extended from June 15, 2013 to June 15, 2016 under the new notes. In addition, the number of additional shares that may be issuable upon conversion in connection with specified fundamental changes has been revised based on the closing price of the company’s common stock of $8.04 per share on December 2, 2011.

“We are pleased to announce the completion of the privately negotiated exchange for approximately $199 million of the 2.625 percent Convertible Senior Subordinated Notes,” said Donald Colvin, ON Semiconductor executive vice president and CFO. “With this privately negotiated exchange, ON Semiconductor has been able to reduce its 2013 total debt obligations by approximately 38 percent or $199 million.”

# # #

ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its website in this news release, information on the website is not to be incorporated herein.

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included or incorporated in this document could be deemed forward-looking statements, particularly statements about the future financial performance of ON Semiconductor. These forward-looking statements are often characterized by the use of words such as “believes,” “estimates,” “expects,” “projects,” “may,” “will,” “intends,” “plans,” or “anticipates,” or by discussions of strategy, plans or intentions. All forward-looking statements in this document are made based on information available to us as of the date of this release, our current expectations, forecasts and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. Among these factors are our revenues and operating performance, poor economic conditions and markets (including current credit and financial conditions), effects of exchange rate fluctuations, the cyclical nature of the semiconductor industry, changes in demand for our products, changes in inventories at our customers and distributors, technological and product development risks, enforcement and protection of our intellectual property rights and related risks, availability of raw materials, electricity, gas, water and other supply chain uncertainties, our ability to effectively shift production to other facilities in order to maintain supply continuity for our customers, variable demand and the aggressive pricing environment for semiconductor products, our ability to successfully manufacture in increasing volumes on a cost-effective basis and with acceptable quality for our current products, competitors’ actions including the adverse impact of competitive product announcements, pricing and gross profit pressures, loss of key customers, order cancellations or reduced bookings, changes in manufacturing yields, control of costs and expenses and realization of cost savings from restructurings and synergies, significant litigation, risks associated with decisions to expend cash reserves for various uses such as debt prepayment or acquisitions rather than to retain such cash for future needs, risks associated with acquisitions and dispositions (including from integrating and consolidating, and timely filing financial information with the Securities and Exchange Commission for, recently acquired businesses, such as SANYO Semiconductor, and difficulties encountered in accurately predicting the future financial performance of recently acquired businesses, such as SANYO Semiconductor), risks associated with our substantial leverage and restrictive covenants in our debt agreements from time to time, risks associated with our worldwide operations including foreign employment and labor matters associated with unions and collective bargaining arrangements as well as man-made and/or natural disasters such as the flooding in Thailand or the Japan earthquake and tsunami affecting our operations and finances/financials, the threat or occurrence of international armed conflict and terrorist activities both in the United States and internationally, risks and costs associated with increased and new regulation of corporate governance and disclosure standards (including pursuant to Section 404 of the Sarbanes-Oxley Act of 2002), risks related to new legal requirements and risks involving environmental or other governmental regulation. Information concerning additional factors that could cause results to differ materially from those projected in the forward-looking statements is contained in ON Semiconductor’s Annual Report on Form 10-K for the period ended December 31, 2010, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other of our filings with the Securities and Exchange Commission. If any of these trends, risks or uncertainties actually occurs or continues, our business, financial condition or operating results could be materially adversely affected, the trading prices of our securities could decline, and investors could lose all or part of their investment. Readers are cautioned not to place undue reliance on forward-looking statements. These forward-looking statements should not be relied upon as representing our views as of any subsequent date and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made.

# # #

512 kb Serial EEPROM

Fri, 16 Dec 2011 07:29:32 GMT

CAT25512 : 512 kb Serial EEPROM

64k x 8 bits with 128-byte page write buffer
20 MHz SPI compatible
1.8 V to 5.5 V supply voltage range

20 A, 450 V N-Channel IGBT

Fri, 16 Dec 2011 07:28:15 GMT

NGB8245 : 20 A, 450 V N-Channel IGBT

Temperature compensated Gate−Collector voltage clamp limits stress applied to load
Low threshhold voltage for interfacing power loads to logic or microprocessor devices
Gate-Emitter ESD protection and integrated ESD diode protection

Low Noise 2-Channel Clock Fanout Buffer

Fri, 16 Dec 2011 07:26:43 GMT

NB3RL02 : Low Noise 2-Channel Clock Fanout Buffer

Integrated LDO to power external clock source such as a TCXO
0.2 µA typical power consumption in standby mode
WLCSP-8 package, 0.8 mm x 1.6 mm x 0.5 mm

Dual High Speed Low Power CAN Transceiver

Thu, 15 Dec 2011 07:21:01 GMT

NCV7441 : Dual High Speed Low Power CAN Transceiver

Compatible with ISO 11898 standard
Excellent ESD performance (>10 kV) and reduced electromagnetic susceptibility for robust performance
Low electromagnetic emission without common mode choke

4-Line Ultra-Low Capacitance ESD Protection

Thu, 15 Dec 2011 07:20:02 GMT

ESD7484 : 4-Line Ultra-Low Capacitance ESD Protection

Excellent ESD protection ideal for HDMI, IEEE 1394a/b/c, MIPI and LVDS
Very-high cutoff frequency (5.3 GHz), secures a high level of signal integrity
Low profile with footprint: 1.6 x 1.1 mm WLSCP Package, 0.4 mm pitch

5-Line HDMI Control Line ESD Protection

Thu, 15 Dec 2011 07:19:03 GMT

ESD5384 : 5-Line HDMI Control Line ESD Protection

12 pF capacitance with high ESD protection up to 15kV
Ideal line protection for HDMI 1.3 and 1.4
Space saving, WLCSP small outline footprint: 1.14 x 1.14 mm WLCSP9, 0.4 mm pitch

3-Line ESD Protection for USB On-The-Go

Thu, 15 Dec 2011 07:18:03 GMT

ESD7383 : 3-Line ESD Protection for USB On-The-Go

Low capacitance for D+/D- and ID pins, 8 kV at contact ESD protection
USB 2.0 compliant with high speed ports up to 480 Mb/s
Ultra-small footprint: 0.8 x 0.8 mm WLCSP4 package, 0.4 mm pitch