ON Semiconductor news

ON Semiconductor Executives to Present at Investor Conferences

Fri, 20 Nov 2009 07:00:00 GMT

PHOENIX, Ariz. – Nov. 20, 2009 - ON Semiconductor Corporation (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has announced that executives from the company will present at the following conferences:

Credit Suisse’s Annual Technology Conference – 10:00 a.m. (MST), Tuesday, December 1 at the Phoenician, Scottsdale, AZ.

Barclays Capital Global Technology Conference – 2:30 p.m. (PST), Wednesday, December 9 at the Fairmont, San Francisco, CA.

ON Semiconductor will provide a webcast of the conference presentations on the Investors section of its website at http://www.onsemi.com.

ON Semiconductor Reports Third Quarter of 2009 Results

Wed, 04 Nov 2009 07:00:00 GMT

For the third quarter of 2009, highlights include:

Total revenues of $472.9 million
Adjusted EBITDA of $110.2 million
GAAP net income of $0.07 per fully diluted share
Non-GAAP net income of $0.16 per fully diluted share
Net cash provided by operating activities of $87.6 million
Cash, cash equivalents and short-term investments of $470.2 million

PHOENIX, Ariz. – Nov. 4, 2009 – ON Semiconductor Corporation (Nasdaq: ONNN) today announced that total revenues in the third quarter of 2009 were $472.9 million, an increase of approximately 13 percent from the second quarter of 2009. During the third quarter of 2009, the company reported GAAP net income of $29.9 million, or $0.07 per fully diluted share. The third quarter 2009 GAAP net income included net charges of $41.0 million, or $0.09 per fully diluted share, from special items. The special item details can be found in the attached schedules. During the second quarter of 2009, the company reported a GAAP net loss of $3.0 million, or $0.01 per fully diluted share.

Third quarter 2009 non-GAAP net income was $70.9 million, or $0.16 per share on a fully diluted basis. Second quarter 2009 non-GAAP net income was $38.7 million, or $0.09 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 www.onsemi.com.

On a mix-adjusted basis, average selling prices in the third quarter of 2009 were down less than two percent when compared to the second quarter of 2009. GAAP gross margin in the third quarter was 37.2 percent. Non-GAAP gross margin in the third quarter of 2009 was 38.5 percent. GAAP gross margin in the third quarter included a net charge of approximately $6.5 million, or approximately 130 basis points, from special items. The special item details can be found in the attached schedules.

Adjusted EBITDA for the third quarter of 2009 was $110.2 million. Adjusted EBITDA for the second quarter of 2009 was $78.3 million.

“We exited the third quarter of 2009 with the highest level of cash, cash equivalents and short-term investments in the company’s history at over $470 million and the lowest net debt position in the company’s history at approximately $425 million,” said Keith Jackson, ON Semiconductor president and CEO. “As a result of the strong financial performance, financial discipline and cash generating capabilities of the company we increased our cash, cash equivalents and short-term investments by approximately $67 million from the prior quarter. While there is still uncertainty as to how quickly the semiconductor industry will return to pre-recession revenue levels, our revenues continue to improve from the lows of the first quarter of 2009. We also believe that the overall supply chain remains very lean. Our weeks of distribution inventory were at the lowest level in the company’s history at approximately 9 weeks exiting the third quarter of 2009.”

“ON Semiconductor Corporation has recently completed the acquisition of privately-held PulseCore Holdings (Cayman) Inc. in an all cash transaction for initial consideration of approximately $17 million. PulseCore’s previous owners and other stakeholders also have the ability to receive additional earn-out proceeds if, among other things, PulseCore is able to meet certain revenue and gross margin objectives in 2010 and 2011. The acquisition of PulseCore expands ON Semiconductor’s high gross margin clock and circuit protection offerings for the consumer, wireless and computing end-market customers. PulseCore’s capabilities in standard and custom high-speed and low power analog and mixed signal solutions for EMI (electromagnetic interference) reduction also enhance ON Semiconductor’s overall EMI filtering and circuit protection portfolios. In addition, PulseCore’s strong design capabilities and history in India represents ON Semiconductor’s first foray into design activity in that country.”

FOURTH QUARTER 2009 OUTLOOK
“Based upon product booking trends, backlog levels and estimated turns levels, we anticipate that total revenues will be approximately $480 to $495 million in the fourth quarter of 2009,” Jackson said. “Backlog levels at the beginning of the fourth quarter of 2009 were up from backlog levels at the beginning of the third quarter of 2009 and represent over 90 percent of our anticipated fourth quarter 2009 revenues. We expect that average selling prices for the fourth quarter of 2009 will be down approximately one to two percent, sequentially. Starting in the first quarter of 2009, we began recording non-cash interest expense associated with the adoption of FASB Staff Position No. APB 14-1* related to our convertible senior subordinated notes. In the fourth quarter of 2009, we anticipate approximately $8 million of non-cash interest expense associated with this adoption. The following table outlines our fourth quarter 2009 GAAP and non-GAAP outlook.”

Q4 2009 Business Outlook

* Convertible Notes, Non-cash Interest Expense are included in 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 the sale of treasury shares. Please refer to the table on our website for potential changes to the Fully Diluted Share Count.
*** Special Items can include: stock based compensation expense; restructuring, asset impairments and other, net; expensing of appraised inventory fair market value (FMV) step up; amortization of intangibles; goodwill impairments; income tax adjustments to approximate cash taxes; non-cash interest expense and certain other special items as necessary.
**** Regulation G and other provisions of the securities laws regulate the use of financial measures that are not prepared in accordance with generally accepted accounting principles. 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 news 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 Nov. 4, 2009 to discuss this announcement and ON Semiconductor’s results for the third quarter of 2009. The company will also provide a real-time audio broadcast 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 36083041. Approximately one hour following the live broadcast, the company will provide a dial-in replay that will continue to be available through Nov. 11, 2009. To listen to the teleconference replay, call 800-642-1687 (U.S./Canada) or 706-645-9291 (International). You will be required to provide the Conference ID Number – which is 36083041.

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements related to the future financial performance of ON Semiconductor and our ability to increase cash flow from current levels. These forward-looking statements are based on information available to ON Semiconductor as of the date of this release and current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond ON Semiconductor’s control. In particular, such risks and uncertainties include difficulties encountered in integrating acquired businesses; the variable demand and the aggressive pricing environment for semiconductor products; dependence on each company’s ability to successfully manufacture in increasing volumes on a cost-effective basis and with acceptable quality for its current products; the adverse impact of competitive product announcements; revenues and operating performance; poor economic conditions and markets, including the current credit markets; the cyclical nature of the semiconductor industry; changes in demand for our products; changes in inventories at customers and distributors; technological and product development risks; availability of raw materials; competitors' actions; pricing and gross margin pressures; loss of key customers; order cancellations or reduced bookings; changes in manufacturing yields; control of costs and expenses; significant litigation; risks associated with acquisitions and dispositions; risks associated with leverage and restrictive covenants in debt agreements; risks associated with international operations including foreign employment and labor matters associated with unions and collective bargaining agreements; 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); 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, as filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2009, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other of ON Semiconductor’s SEC filings. These forward-looking statements should not be relied upon as representing ON Semiconductor’s views as of any subsequent date and ON Semiconductor does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made.

ON Semiconductor Joins Electronic Industry Citizenship Coalition (EICC)

Tue, 03 Nov 2009 07:00:00 GMT

PHOENIX, Ariz. – Nov. 3, 2009 – ON Semiconductor (Nasdaq: ONNN) a leading global provider of high performance, energy efficient, silicon solutions, has become an applicant member of the Electronic Industry Citizenship Coalition (EICC) in order to deliver the shared benefits of a consistent code of conduct framework throughout its global supply chain.

As an EICC applicant member, ON Semiconductor is committed to the organization’s shared Code of Conduct – which is a standards-based approach for monitoring compliance across several areas of activity including environmental, sustainability, labor, health and safety.

“The tools and shared efficiencies available as a member of the EICC will enable us to more efficiently monitor and improve our compliance activities and will also provide us a way in the future to oversee compliance by our worldwide vendors,” said John Nelson, ON Semiconductor executive vice president and chief operating officer (COO). “Aligning with the EICC’s standards will serve to further enhance our expertise in this area and ensure the company remains a responsible, forward-thinking global citizen.”

While ON Semiconductor believes it is in compliance with all EICC guidelines, formal membership in the coalition will assist in confirming compliance and continued improvement. It will also enable ON Semiconductor to progressively begin to apply the EICC code to ensure compliance by key vendors that support the manufacturing of ON Semiconductor products.

“ON Semiconductor has a world-class supply chain and lean in-house manufacturing operations that serve as significant competitive advantages in our highly competitive industry,” said Keith Jackson, president and CEO of ON Semiconductor. “We manufacture, market and ship more than 30 billion units each year. This is a very large number that puts us into a very small category of companies that are capable of doing that kind of volume. We then have to deliver these products - in a very timely fashion - to wherever in the world our customers want them. We have made significant investments in our information technology and global logistics that enable us to respond very quickly to ensure that our customers receive their shipments. Becoming a member of EICC, is one more way we are investing in the ongoing enhancement our supply chain expertise.”

Sustainability Initiatives
Each of ON Semiconductor’s worldwide factories is currently engaged in multiple sustainability projects aimed at conserving water, electricity and fuel. The company’s worldwide manufacturing operations also have well-established recycling and waste minimization programs in place. Current sustainability programs include reuse of rinse water in the fabs, reduction of water flow during equipment idle periods, reduction of overall electricity use, reduction of chemical use by process optimization, recovery of heat from boilers and balancing our air streams, and other programs.

To date, ON Semiconductor has achieved success with its ongoing sustainability initiatives. For more information about ON Semiconductor’s Quality, Environmental, Health and Safety (EHS) and Sustainability programs visit www.onsemi.com/quality.

About EICC
The Electronic Industry Citizenship Coalition was established in 2004 to promote a common code of conduct for the electronics, and information and communications technology (ICT) industry. EICC now includes more than 40 global ICT companies and their suppliers. EICC collaborates with member companies, their suppliers, and stakeholders to ensure continuous improvement. For more information on EICC, visit http://www.eicc.info/.

ON Semiconductor Expands Power Management Offerings for Computing and Game Console Applications with New High-Density Trench MOSFETs

Mon, 26 Oct 2009 07:00:00 GMT

PHOENIX, Ariz. – Oct. 26, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has introduced 24 new 30 volt (V), N-channel Trench MOSFETs in DPAK, SO-8FL, µ8FL, and SOIC-8 packages featuring enhanced switching performance for synchronous buck converters in computing and game console applications.

The new series of MOSFETs utilize ON Semiconductor’s proven Trench technology to deliver superior on-state resistance [RDS(on)] and improved switching performance for synchronous DC-to-DC converters in PC, server, game console, VRM, and point-of-load applications. DPAK, SO-8FL, and SOIC-8 package solutions – which are a drop-in replacement for NTD48x, NTMFS48x, and NTMS48x series– and the new µ8FL 3.3 mm x 3.3 mm solution achieve industry-leading low RDS(on) in relation to packaging size.

ON Semiconductor to Announce Third Quarter Financial Results

Wed, 14 Oct 2009 07:00:00 GMT

PHOENIX, Ariz. – Oct. 14, 2009 - ON Semiconductor Corporation (Nasdaq: ONNN) plans to announce its financial results for the third quarter ending October 2, 2009, after the market closes on Wednesday, November 4, 2009.

The company will host a conference call at 5:00 p.m. Eastern Time (ET) on November 4, 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 36083041.

Teleconference Replay: Approximately one hour following the live broadcast, the company will provide a dial-in replay that will continue to be available through November 11, 2009. To listen to the teleconference replay, call 800-642-1687 (U.S./Canada) or 706-645-9291 (International). You will be required to provide the Conference ID Number – which is 36083041.

About ON Semiconductor
With its global logistics network and broad product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions that enable designers to quickly and cost-effectively improve system efficiency for electronics in the computing, communications, consumer, automotive, industrial, medical and military/aerospace markets. The company’s portfolio includes power management, signal, logic, discrete and custom devices. The company operates a network of manufacturing facilities, sales offices, and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

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 Web site in this news release, such information on the Web site is not to be incorporated herein.

ON Semiconductor Introduces New 256-Tap Digital Potentiometers for Control of Up to 16 Devices on One Bus

Tue, 13 Oct 2009 07:00:00 GMT

PHOENIX, Ariz. – Oct. 13, 2009 – ON Semiconductor (Nasdaq: ONNN) a leading global supplier of high performance, energy efficient silicon solutions, today announced the availability of two new Digitally Programmable Potentiometer (DPP™) ICs suitable for high accuracy and stability for variable resistance adjustment applications in a wide range of industrial and consumer products. The CAT5270 and CAT5271 are dual-channel digital potentiometers with 256 resistor taps for fine resolution adjustment and an I2C-compatible interface for maximum interoperability. The new ON Semiconductor DPPs feature a volatile wiper register making them ideal for applications using a microcontroller (MCU) with on-chip memory for wiper recall, or for systems that do not require memory. They also provide a low-noise, reliable and space-saving alternative to mechanical potentiometers with the added benefit of immunity to dust / dirt contamination and vibration.

The CAT5270 allows microprocessor control of up to 16 devices from a single bus, while the CAT5271 offers a single, fixed address. Both devices are available with end-to-end resistance options of 50 kilohms, (kΩ) and 100 kΩ and can be used as a potentiometer or as a 2-terminal, variable rheostat. The volatile wiper register for both devices is set to mid-scale on power-up.

The CAT5270 and CAT5271 are insensitive to mechanical vibrations, shock, oxidation, dust, dirt and other contamination and are a fraction of the size of mechanical potentiometers. They have a low temperature coefficient of 100 parts per million per degrees Celsius (ppm/ºC) making them much more stable and reliable than mechanical potentiometers across a wide variety of environmental conditions.

Packaging and Pricing
The CAT5270 and CAT5271 digitally programmable potentiometers are supplied in 14-lead TSSOP and 10-lead MSOP packages, respectively. Pricing for quantities of 10,000 are $0.81 USD per unit for the CAT5270 and $0.90 USD per unit for the CAT5271.

About ON Semiconductor
With its global logistics network and broad product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions that enable designers to quickly and cost-effectively improve system efficiency for electronics in the computing, communications, consumer, automotive, industrial, medical and military/aerospace markets. The company’s portfolio includes power management, signal, logic, discrete and custom devices. The company operates a network of manufacturing facilities, sales offices, and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

ON Semiconductor Launches Cost Competitive 0.18 micron CMOS Manufacturing Process for Digital and Mixed-Signal ASICs

Thu, 01 Oct 2009 07:00:00 GMT

GSA Emerging Opportunities Expo and Conference – SANTA CLARA, Calif. – Oct. 1, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has expanded its custom foundry capabilities with the launch of a new cost competitive, industry compatible 0.18 micron (µm) CMOS process technology.

The ONC18 process is an ideal platform for developing low power and highly integrated digital and mixed-signal application-specific integrated circuit ( ASIC ) devices for automotive, industrial and medical applications. The ONC18-based solutions will be manufactured at ON Semiconductor’s 8-inch wafer fabrication facility in Gresham, Oregon, so the process is also expected to prove attractive for designers of U.S. military applications seeking domestic production with ITAR-compliant partners.

“ONC18 will allow designers in the automotive, industrial, medical and military sectors to develop integrated, low-power digital and mixed-signal ASICs quickly and cost-effectively,” said Rick Whitcomb, general manager and director for ON Semiconductor’s custom and foundry division. “The ‘on-shore’ nature of the fabrication will be particularly useful for US military customers, while planned developments for the process further underline ON Semiconductor’s commitment to the custom foundry business.”

Suitable for ASICs requiring up to 10 M gates, the ONC18 process features between four and six levels of metal and allows designers to integrate 1.8 volts (V) core voltage with 1.8 V and 3.3 V input/output (I/O). Components for mixed signal design include a variety of resistors and nominal [1.0 femtofarad per micron squared (fF/µm2)] and high value (2.0 fF/µm2) stackable metal-insulator-metal (MIM) capacitors. This base process supports an extensive and modular 0.18 micron BCD, and high voltage roadmap.

ON Semiconductor’s new process is supported with a design kit offering comprehensive core, I/O and memory libraries. Gate densities and power consumptions for high density core and mixed signal core cells are 124 K gates/mm2 and 46 microwatt per megahertz per gate (µW/MHz/gate) and 120 K gates/mm2 and 28 µW/MHz/gate, respectively. Memory options include 1.1 M bit synchronous single port and 512K bit dual port SRAM and 1.1M bit high-density, low-leakage VIA-programmable ROM.

Future development for the ONC18 platform will enable ON Semiconductor to launch enhanced mixed signal capabilities and options for higher voltage handling.

The new process design methodology is compatible with common digital and analog/mixed signal CAD tools, including those from Cadence®, Synopsys® and Mentor Graphics®. ON Semiconductor specialty services, such as advanced die stitching and shuttle services for prototyping, are also available for ONC18-based designs.

For more information, please contact Kirk Peterson at kirk.peterson@onsemi.com or visit http://www.onsemi.com.

About ON Semiconductor

With its global logistics network and broad product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions that enable designers to quickly and cost-effectively improve system efficiency for electronics in the computing, communications, consumer, automotive, industrial, medical and military/aerospace markets. The company’s portfolio includes power management, signal, logic, discrete and custom devices. The company operates a network of manufacturing facilities, sales offices, and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

ON Semiconductor Launches Constant Output Power Audio Amplifier with Integrated Charge Pump as Space-Saving Solution for Portable Devices

Tue, 29 Sep 2009 07:00:00 GMT

Phoenix, Ariz. - September 29, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions has introduced a new Class D Audio Amplifier with an integrated charge pump that provides a cost-effective and space-efficient speaker amplifier solution for applications such as cell phones, digital video recorders and portable speakers.

The NCP2830 is a 1 watt (W) constant power filterless device that delivers continuous, high quality audio output to an 8.0 ohm (Ω) Bridge Tied Load (BTL) with less than 1 percent total harmonic distortion - even if the input voltage varies. This results in longer equipment operating times as the user does not experience reduced audio volume or distortion as the battery depletes.

Housed in a 20-pin QFN package measuring just 3 mm x 3 mm x 0.5 mm, the NCP2830 occupies minimal board space and can also be used where component height is restricted. The integrated design reduces the need for external components and also helps simplify and speed the implementation of a reliable, complete, audio amplifier solution.

The NCP2830 operates from a supply voltage of between 2.7 volts (V) and 5.5 V, has a fast start-up time of 200 micro seconds (µS) and a superior power supply ripple rejection ratio (PSRR) of -88 decibels (dB). Overall efficiency is up to 89 percent and low noise performance is underlined by a signal-to-noise ratio (SNR) of 100 dB. An optimized Pulse Width Modulation (PWM) output stage gives the NCP2830 filterless capability that further reduces the number of external components required.

“The growth and diversity of the market for portable wireless products such as cell phones and PDAs continues at an exciting pace. One challenge the designers are facing is to deliver powerful, yet clear audio output.” said Marie Capron, low voltage power management business unit director with ON Semiconductor. “The NCP2830 achieves the constant high power audio output with the smallest solution size and cost, thanks to the switched capacitor structure that makes the device unique in the market.”

The NCP2830 uses a halogen-free molding compound and is a RoHS compliant, Pb-Free device.

For additional technical information contact Crystal Zins-Lam at Crystal.Lam@onsemi.com or visit http://www.onsemi.com

About ON Semiconductor

# # #

ON Semiconductor Launches New Series of Thyristor Surge Protection Devices to Provide Overvoltage Protection with Minimal Signal Distortion

Thu, 24 Sep 2009 07:00:00 GMT

PHOENIX, Ariz. - September 24, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has introduced the NP-MC series - a new family of ultra-low capacitance Thyristor Surge Protection Devices (TSPDs) that provide protection to sensitive electronic equipment from transient overvoltage conditions. With capacitance values 40 to 50 percent lower than existing products on the market, the NP-MC devices provide protection with minimal signal distortion in high-speed xDSL, T1/E1 and other broadband data transmission equipment.

Available with a full range of industry-standard voltage levels and surge current ratings from 50 amperes (A) to 200 A, this new series of TSPDs from ON Semiconductor provides a solution for DSLAM, FTTx, ethernet, POE and VoIP systems. The low nominal offstate capacitance translates into extremely low differential capacitance offering superb linearity with applied voltage or frequency. Low leakage currents, precise turn-on voltages, and low voltage overshoot along with high surge current capability, underline the NP-MC series’ class-leading specification.

“The NP-MC transient surge protection series is a breakthrough product that not only enables designers to achieve compliance with stringent industry standards, but also specify remarkably low capacitance to minimize troublesome distortion that often plagues the latest high-speed telecom circuits,” said Gary Straker, general manager of Protection and Control Division at ON Semiconductor. “The fact that these new circuit protection devices offer fast switching and high surge current ratings positions ON Semiconductor to better service our customer’s needs.”

The new bidirectional, surface mount devices enable designers to achieve compliance with the various industry regulatory standards such as GR-1089-CORE, ITU-T-K.20/K.21/K.45, and IEC 60950. Housed in a small 2.6 mm x 4.3 mm SMB package, the Pb-free NP-MC series provides a space saving and cost-effective solution for today’s high-speed wired communication networks. The NP-MC series of devices are budgetary priced between $0.12 and $0.25 USD per unit in 10,000 unit quantities.

About ON Semiconductor
With its global logistics network and broad product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions that enable designers to quickly and cost-effectively improve system efficiency for electronics in the computing, communications, consumer, automotive, industrial, medical and military/aerospace markets. The company’s portfolio includes power management, signal, logic, discrete and custom devices. The company operates a network of manufacturing facilities, sales offices, and design centers in key markets throughout North America, Europe, and the Asia Pacific regions.

# # #

ON Semiconductor Announces Expansion of PureEdge™ Family of Single and Dual Frequency Crystal Oscillator Modules with LVDS Interface

Tue, 22 Sep 2009 07:00:00 GMT

PHOENIX, Ariz. – Sept. 22, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has expanded its PureEdge™ family of high accuracy crystal oscillator (XO) clock modules. The new high precision devices provide total frequency stability of ±50 parts per million (ppm) and will meet clock generation requirements in next generation low-voltage differential signaling (LVDS) and low-voltage positive emitter coupled logic (LVPECL) designs.

The NBXzzzzzz series of single- and dual-frequency modules provide ultra low jitter and ultra low phase noise LVDS and LVPECL differential outputs respectively. Applications include frequency control and high accuracy clock trees in high speed LAN and WAN networking equipment, telecom base stations, storage systems and high-end computing platforms.

All of the new modules use a low frequency, high Q fundamental mode crystal and analog Phase Lock Loop (PLL) multiplier to provide the high accuracy single- or dual-output frequency. Typical RMS phase jitter is rated at just 0.5 picoseconds (ps) when output Single Side Band (SSB) is integrated between 12 kilohertz (kHz) and 20 megahertz (MHz). Output frequency options for single frequency modules are 161.13 MHz; 175.00 MHz; 187.50 MHz; 340.00 MHz; 425.00 MHz; 622.08 MHz. Dual frequency modules offer user selectable output frequency of 106.25 MHz/212.50 MHz; 125 MHz/250 MHz; 155.52 MHz/311.04 MHz; 156.25 MHz/312.50 MHz; 200.00 MHz/400.00 MHz. As a result, designers can choose modules that are optimized for a variety of specific protocols including Ethernet, Gigabit Ethernet, 1x and 2x Fibre Channel, SATA, SONET/SDH and PCIe.

Device	Output Frequency (MHz)	Total Frequency Stability (+/-PPM)	Power Supply (V)	Interface Technology	Application
NBXSPA008LNHTAG	161.1328	50	2.5 / 3.3	LVDS	Networking, 10GE, 10G LAN,
NBXDPA012LNHTAG	106.25 / 212.50	50	2.5 / 3.3	LVDS	1x 2x Fibre Channel
NBXDPA015LNHTAG	200.00 / 400.00	50	2.5 / 3.3	LVDS	Servers, Networking, Host Bus Adapter
NBXDPA017LNHTAG	156.25 / 312.50	50	2.5 / 3.3	LVDS	Ethernet, Networking
NBXDPA018LNHTAG	155.52 / 311.04	50	2.5 / 3.3	LVDS	SONET, SDH, Telecom
NBXDPA019LNHTAG	125.00 / 250.00	50	2.5 / 3.3	LVDS	PCIe, PCI, High-End Computing, Networking
NBXSPA022LNHTAG	187.50	50	2.5 / 3.3	LVDS	12 Gb/s Ethernet Clock
NBXSBA024LNHTAG	622.08	50	2.5 / 3.3	LVPECL	SONET OC-192, Telecom
NBXSBA025LNHTAG	425.00	50	2.5 / 3.3	LVPECL	4x Fibre Channel
NBXSBA030LNHTAG	175.00	50	2.5 / 3.3	LVPECL	Networking, ASIC
NBXSBA031LNHTAG	340.00	50	2.5 / 3.3	LVPECL	Networking, PON, Mixer

“Delivering high precision across a variety of operating conditions, ON Semiconductor’s latest PureEdge clock modules provide the accuracy and reliability demanded by new and emerging LVDS and LVPECL clock tree designs,” said Ryan Cameron, director, custom industrial and timing products business unit at ON Semiconductor. “What’s more, these silicon based devices are simpler to manufacture and offer more flexibility with better performance and lead time than conventional quartz-based alternatives, helping OEMs to reduce costs without sacrificing performance.”

All of the new modules operate from a 2.5 volts (V) and 3.3 V input voltage and are supplied in a hermetically sealed 5.0 mm x 7.0 mm x 1.90 mm ceramic CLCC-6 SMD package.

Pricing and Availability
Budgetary pricing for these modules is $4.50 for quantities of 100 units. For more information, please contact Senad Lomigora at Senad.Lomigora@onsemi.com.

For additional technical information, visit http://www.onsemi.com.

About ON Semiconductor
With its global logistics network and broad product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions that enable designers to quickly and cost-effectively improve system efficiency for electronics in the computing, communications, consumer, automotive, industrial, medical and military/aerospace markets. The company’s portfolio includes power management, signal, logic, discrete and custom devices. The company operates a network of manufacturing facilities, sales offices, and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

ON Semiconductor Wins “Top 10 DC-DC 2009” Award from Electronic Products China for NCP1034 High Voltage PWM Controller

Mon, 21 Sep 2009 07:00:00 GMT

BEIJING, China – Sept. 21, 2009 – ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, today announced that it has been named a winner in Electronic Product China (EPC)’s “Top 10 DC-DC Awards 2009” for its NCP1034 high voltage PWM controller. This is the seventh consecutive year that ON Semiconductor has won the award.

Products honored with this award bear innovative designs, help realize significant technology improvement, or make great achievement in price-performance ratio. The NCP1034 is a flexible synchronous pulse width modulation (PWM) controller designed to operate from wide input supply voltage range of up to 100 volts (V), making it suitable for +48 V, +60 V and +100 V power supplies. The device also provides a 1 ampere (A) gate drive and is capable of producing output voltage of as low as 1.25 V.

“The NCP1034 is designed for high performance synchronous buck DC-DC applications with wide input voltages of up to 100 V,” said the judging panel. “Its synchronization feature allows the switching frequency to be set by an external source or output a synchronization signal to multiple NCP1034 controllers.”

“It’s really a significant honor to receive this award for the seventh consecutive year,” said Hemen Cheng, ON Semiconductor global power supply segment sales and marketing director for ON Semiconductor’s Computing and Consumer Products Group. “It further demonstrates ON Semiconductor’s continuous efforts on innovation and cost effectiveness. The NCP1034 has the benefits of driving high efficiency FETs and providing fixed frequency for one or more devices. It has a wide range of application areas, from consumer electronics including LED backlighting for LCD TVs, to automotive, computing and industrial.”

The NCP1034 drives a pair of external N-channel MOSFETs using a programmable switching frequency of up to 500 kilohertz (kHz) which allows flexibility to tune the operation of the IC to meet system level requirements. The output voltage can be precisely regulated using the internal 1.25 V reference voltage for low voltage applications. Protection against electrical faults, such as under voltage lockout and hiccup current limit, is provided to give required system level security in the event of a fault.

Other features include external frequency adjustment, programmable soft-start, programmable over current protection and hiccup current limit using MOSFET RDS(on).

About Electronic Products China’s Top 10 DC-DC Award
Electronic Products China – one of China’s most authoritative electronics trade publications – is a sister publication of Electronic Products magazine published in the US. The magazine’s annual “Top 10 DC-DC” Award recognizes a range of DC-DC power products, including ICs. Products are put through a strict evaluation and recommendation process by an expert judging panel. Chip manufacturers’ DC-DC products are measured against a number of benchmarks including design innovation, price-performance and technological advancement.

# # #

ON Semiconductor Receives 2009 WebAward for “Outstanding Achievement in Web Development” from Web Marketing Association

Thu, 17 Sep 2009 07:00:00 GMT

PHOENIX, Ariz. – Sept. 17, 2009 – ON Semiconductor (Nasdaq: ONNN) a leading global supplier of high performance, energy efficient silicon solutions, today announced it has received a 2009 WebAward for “Outstanding Achievement in Web Development” from the Web Marketing Association.

Award entries were judged against a standard of excellence and then against other entries in the category. A minimum score was required to qualify for an award. All entries were judged on the following seven criteria: design, innovation, content, technology, interactivity, copywriting and ease of use.

Since 1997, the Web Marketing Association’s annual WebAward Competition has been setting the standard of excellence for Website development. Independent expert judges from around the world review sites in 96 industries. The best are recognized with a WebAward which helps interactive professionals promote themselves, their companies, and their best work to the outside world. The WebAward Competition is the premier award recognition program for Web developers and marketers worldwide. For more info about the award visit http://www.webaward.org

To view ON Semiconductor’s Web site, visit http://www.onsemi.com.

# # #

ON Semiconductor Executive to Present at Investor Conference

Tue, 08 Sep 2009 07:00:00 GMT

PHOENIX, Ariz. – Sept. 8, 2009 - ON Semiconductor Corporation (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has announced that Donald Colvin, executive vice president and chief financial officer (CFO) will present at the following conference:

Citi’s 16th Annual Global Technology Conference
3:25 p.m. (EDT), Thursday, September 10
New York Marriott Marquis, New York, NY

ON Semiconductor will provide a webcast of the conference presentation on the Investors section of its website at http://www.onsemi.com.

About ON Semiconductor
With its global logistics network and strong product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets. The company's broad portfolio includes power, analog, DSP, mixed-signal, advance logic, clock management, non-volatile memory and standard component devices. The company operates a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

ON Semiconductor Introduces a Fully Integrated Power Line Modem for Smart Meters

Tue, 01 Sep 2009 07:00:00 GMT

PHOENIX, Ariz. – Sept. 1, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has introduced the AMIS-49587, the latest member of the company’s power line carrier (PLC) modem family. The AMIS-49587 provides a highly integrated, standard compliant, low power PLC solution for use in applications such as smart electric automatic meter reading and management, street lighting control, smart power plug and building automation. Utilizing ON Semiconductor’s mixed-signal technology allows the AMIS-49587 to combine both the analog modem front end and digital post processing capability in the same integrated circuit.

By offering an integrated single chip solution, the IEC1334 compliant AMIS-49587 helps to simplify designs, lower development and implementation costs, and speed time to market. This new device is based around an ARM7TDMI processor core and includes both the physical interface transceiver (PHY) and the media access controller (MAC) layers whereas most competing solutions require complex embedded software to perform the same functions as the AMIS-49587.Using the spread frequency shift keying (S-FSK) modulation technique coupled with accurate filtering gives robust low data rate communications on power lines over long distances. Half-duplex selectable communication speeds of 2400 bits/sec (baud) can be achieved. A low operating frequency of less than 20 kilohertz (kHz) with an automatic repeater function further supports dependable communications with fewer communication errors than alternative and existing solutions. Synchronization to the mains signal is done via an onboard low jitter PLL, and an embedded filter provides superior white noise and narrowband interference rejection. Direct connection to the host MCU is via a two-wire serial interface.

Due to its high level of integration and the onboard protocol embodiment, the AMIS-49587 accepts high level data inputs and eliminates the need for designers to go into PHY and MAC protocol transmission details. This higher-level interface means that up to 50 percent of the software development effort can be saved leading to a shorter time to market and reduced overall cost.

Driven by governmental regulation and various energy efficiency initiatives, the emerging smart meter market is set to develop at a fast rate. According to IMS Research’s ongoing analysis of the global smart meter market, in 2008, global smart meter shipments reached a market size of roughly 10 million units. The North American market was particularly strong, estimated to have surged by almost 50% in annual growth from 2007. Shipments of smart meters continue to grow at a rough annualized rate of 20 percent.

In addition, the European Parliament decided to roll-out smart meters in all EU Member States by 2022, with 80 percent coverage to be achieved by 2020. According to a Federal Energy Regulatory Commission (FERC) report, smart meters already represent 4.7 percent of installed meters in the United States, which is up from 1 percent in 2006. China has invested in a massive smart grid project with estimated completion by 2020 with the goal to demonstrate how the country is using its energy.

“The ability of the smart meter to produce real-time visibility of electricity and gas consumption will allow utility providers and governments to reduce power loss, optimize consumption and manage demand of valuable energy resources,” said Guido Remmerie, director motion control and energy management products at ON Semiconductor. “The AMIS-49587 from ON Semiconductor supports a complete PLC communication solution to bring the measured power data to the utility companies over the power lines.”

Supplied in a PLCC 28 package, the Pb-free and RoHS compliant AMIS-49587 is pin compatible with the AMIS-30585 – ON Semiconductor’s existing half-duplex S-FSK modem. Operating temperature range for the AMIS-49587 is -40 °C to +80 °C. ON Semiconductor will offer the AMIS-49587 in a QFN package soon.

Pricing and Availability
The AMIS-49587 is currently available and budgetary pricing is $11.00 USD for quantities of 1,000 units and above. AMIS-49587 evaluation kits are available. For more information, please contact your local sales representative at www.onsemi.com.

For additional technical information, visit http://www.onsemi.com or contact Koen Geirnaert at koen.geirnaert@onsemi.com.

About IMS Research
IMS Research is a leading supplier of market research and consultancy services on a wide range of global electronics markets. The company has over 70 analysts spread across three locations: Wellingborough, UK; Austin, Texas; and Shanghai, China. IMS Research’s Power & Energy Group regularly publishes detailed research on power electronics markets such as power semiconductors, power supplies, meters and smart meters, renewable energy (photovoltaic, etc.) and UPS. Our global presence enables us to provide clients with comprehensive and detailed research on today's international markets. For more information, visit http://www.imsresearch.com

# # #

ON Semiconductor Wins “Outstanding Supplier Award”from China’s Top Cell Phone Design House Longcheer

Thu, 20 Aug 2009 07:00:00 GMT

SHANGHAI, China – August 20, 2009 – - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has won an “Outstanding Supplier 2008” award from Longcheer Holdings Limited (Longcheer), the top mobile handset design house in China. It is the third consecutive year that Longcheer has recognized ON Semiconductor in this way.

The award honors ON Semiconductor for its dedication to always putting Longcheer’s interests first by satisfying their requirements for technology, product reliability, logistics and service.

Outstanding mobile phone products and solutions from ON Semiconductor have helped Longcheer further its penetration of the market in China and abroad, and increase its revenues.

The Outstanding Supplier Award is only given to a handful of selected partners from among Longcheer’s 200 suppliers.

“ON Semiconductor has once again demonstrated its best-in-class technical and supply chain capabilities," said Tang Xiaoxun, Longcheer general manager of Supply Chain Management. "Their outstanding performance has helped Longcheer to make a positive impact on delivering enhanced competitive values of our mobile phone solutions for customers."”

“We are very pleased to be recognized by Longcheer for the third consecutive year,” said David Chow, ON Semiconductor vice president of Sales for Asia Pacific. “As part of our customer centric culture, we strive to increase our value proposition to Longcheer, enabling us to contribute to their success.”

About Longcheer
Longcheer, listed on Singapore Stock Exchange, is the top mobile handset design house in China. The company offers comprehensive expertise across the domains of handset hardware, software and exterior designs. Longcheer was ranked 10th in the Technology Fast 50 China Ranking by Deloitte and 39th in the Technology Fast 500 Asia Pacific Ranking by Deloitte in 2006.

About ON Semiconductor
With its global logistics network and strong product portfolio, ON Semiconductor (Nasdaq: ONNN - News) is a preferred supplier of high performance, energy efficient, silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets. The company's broad portfolio includes power, analog, DSP, mixed-signal, advance logic, clock management, non-volatile memory and standard component devices. The company operates a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

ON Semiconductor Introduces Industry’s Smallest Packaged, Best Space Performance Schottky Barrier Diodes for Portable Applications

Wed, 19 Aug 2009 07:00:00 GMT

Phoenix, Ariz. - August 19, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has introduced four new 30 volt (V) Schottky barrier diodes. Housed in an ultra-small 0201 Dual Silicon No-lead (DSN2) chip level package, the new Schottky barrier diodes offer portable electronics designers both the industry’s smallest Schottky diode and best-in-class space-performance.

These new Schottky diodes are available with low forward voltage or low reverse current at forward current ratings of either 100 milliamp (mA) or 200 mA - the latter being the industry’s smallest 200 mA rated parts. The new devices provide an ideal solution for the increasing number of applications where board space is restricted such as mobile handsets, MP3 players and digital cameras.

“Optimizing board layout versus system performance in space constrained applications is a constant challenge for our customers.” said Dan Huettl, director and general manager of ON Semiconductor’s Small Signal Division. “ON Semiconductor has responded with the ultra small 0201 DSN-2 Schottky barrier diodes in support of the system designer’s quest for optimized power management in portable applications”.

The Devices
The Schottky diodes feature solderable metal contacts under the package that enable 100 percent utilization of the package area for active silicon. The new 0201 DSN-2 package – which measures a mere 0.6 mm x 0.3 mm x 0.3 mm - provides three times the board space savings compared to the popular SOD-923 (also known as 0402) which measures 1.0 mm x 0.6 mm x 0.4 mm. Providing the lowest leakage currents on the market, the new devices help designers address power losses, efficiency and switching speeds. The new Schottky diodes have a significant performance per board area advantage versus competing parts housed in traditional plastic molded packages. Class-leading power management characteristics also serve to help prolong battery life in portable equipment applications.

The NSR0xF30NXT5G series devices are optimized for low forward voltage drop (Vf), 370 millivolts (mV) at 10 mA, which further reinforces the advanced, high-performance specification of the series. The NSR0xL30NXT5G series devices are designed for low reverse current (Ir), 0.2 microamps (µA) at 10 V reverse voltage and offer very low leakage, extending battery life. With ESD ratings of Human Body Model: Class 3B and Machine Model: Class C coupled with low thermal resistance the two series help support design engineers challenged with incorporating ever-increasing amounts of circuitry into small spaces. The Schottky diodes are RoHS compliant and have an operating temperature range of –40°C to +125°C, making them suitable for use in equipment that is used in harsh indoor and outdoor environments.

DEVICES	Vf(V)	If (mA)	Pkg	Features
NSR01F30NXT5G	30	100	DSN2 0201	Low Vf
NSR02F30NXT5G	30	200	DSN2 0201	Low Vf
NSR01L30NXT5G	30	100	DSN2 0201	Low Ir
NSR02L30NXT5G	30	200	DSN2 0201	Low Ir

For additional technical information contact Edwin Romero at Edwin.Romero@onsemi.com or visit http://www.onsemi.com.

About ON Semiconductor
With its global logistics network and strong product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets. The company’s broad portfolio includes power, analog, DSP, mixed-signal, advance logic, clock management, non-volatile memory and standard component devices. Global corporate headquarters are located in Phoenix, Arizona. The company operates a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

ON Semiconductor Wins “2009 Strategic Supplier” Award from Leading Home Appliance Brand Hisense

Tue, 18 Aug 2009 07:00:00 GMT

QINGDAO, China –August 18, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has won the “2009 Strategic Supplier” award from Hisense Electric Company Limited (Hisense), a world leading provider of flat panel TVs, household appliances and mobile communications.

The award recognizes ON Semiconductor's high quality, energy efficient and cost effective Pulse Width Modulation (PWM) devices and responsive services. ON Semiconductor tops more than 80 suppliers in the electronics industry to win the award, and is only one of the four companies to have won this elite award from Hisense.

“ON Semiconductor has always been our strategic supplier,” said Zhang Jiren, group vice president of Hisense. “In 2007, we together established a joint laboratory at our Qingdao research and development (R&D) center. Since then, ON Semiconductor’s resident field applications engineers (FAEs) at the lab have been playing an instrumental role in helping Hisense develop green efficient and energy saving power solutions for our TV products, especially LCD TVs. We thank ON Semiconductor’s outstanding contribution by supplying excellent solutions with innovative technology improvements at competitive costs.”

"We are thrilled to receive this prestigious award from Hisense, our longstanding strategic partner,” said David Chow, ON Semiconductor vice president of Sales for Asia Pacific. “This award further solidifies our position at Hisense and we are confident of growing this partnership with our expanded offerings from our acquisitions. Our investment commitment in China well positions us to continuously develop and provide high quality, cost effective solutions for our customers.”

About Hisense
As China’s leading home appliance brand, Hisense has sales revenue of 48.9 billion yuan, and came out on top in China's top 100 electronics information enterprises in 2008. On January 9, 2009, Hisense was awarded the "Global TV Brand Top 7" by launching one of the world’s thinnest LED LCD TV. Hisense was also awarded "Top 10 CE Brand from China" for the third consecutive year and also successfully won the "Global CE Brands Top 50” award. Hisense’s LCD TV production reached 2.3 million sets in the first half of 2009 and increased by 220 percent year-on-year.

# # #

ON Semiconductor Moves to New Level of Precision Analog with Ultra-Low-Power, High-Accuracy Analog Voltage Reference ICs

Mon, 10 Aug 2009 07:00:00 GMT

Phoenix, Ariz. – August 10, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions has moved to a new level of cost-effective, precision analog with its new CAT8900 family of high-accuracy voltage reference integrated circuits (ICs). The CAT8900 family combines very high initial accuracy, low supply current consumption and a stable temperature coefficient, to enable precision performance in test equipment and portable, battery-powered data acquisition systems.

The CAT8900 ICs provide a highly accurate voltage reference, with initial accuracy as high as 0.02 percent [± 0.5 millivolts (mV)] and a stable, 20 parts per million per degrees Celsius (ppm/ºC) temperature coefficient, while maintaining a low maximum supply current consumption of 800 nanoamperes (nA). The low current consumption allows the CAT8900 voltage references to remain powered on continuously, with minimal battery load. The low power consumption, combined with the very high initial accuracy and temperature stability of the devices, makes them ideal replacements for power-hungry, higher cost bandgap references in a wide range of portable applications. These include handheld medical devices, high resolution A/D (analog-to-digital) and D/A (digital-to-analog) converters, and precision regulator systems.

The CAT8900 family offers nine voltage reference choices: 1.024 volts (V), 1.200 V, 1.250 V, 1.800 V, 2.048 V, 2.500 V, 2.600 V, 3.000 V and 3.300 V. Custom voltages are available on request. Each reference is available in four accuracy grades: ±0.5 mV, ±1.0 mV, ±2.5 mV and ±5.0 mV. The devices source or sink up to 10 milliamps (mA) of load current with as little as 50 mV of dropout. In most applications they do not require an output bypass capacitor.

Packaging and Pricing
The CAT8900 precision voltage references come in a Pb-free, RoHS-compliant, 3-lead SOT-23 package. The per unit prices for quantities of 10,000 are: $0.60 USD for ±5.0 mV initial accuracy versions; $0.92 USD for ±2.5 mV initial accuracy versions; $1.55 USD for ±1.0 mV initial accuracy versions ; and $2.44 USD for ±0.5 mV initial accuracy versions. Samples are available now. Projected lead-time for production quantities is currently eight to 12 weeks after receipt of order (ARO).

# # #

ON Semiconductor Reports Second Quarter of 2009 Results

Wed, 05 Aug 2009 07:00:00 GMT

For the second quarter of 2009, highlights include:

Total revenues of $419.8 million

Adjusted EBITDA of $78.3 million

GAAP net loss of $0.01 per fully diluted share

Non-GAAP net income of $0.09 per fully diluted share

Cash provided by operating activities of $58.3 million

Internal inventories declined by $29.7 million

Reduction in debt of $26.6 million

Cash and cash equivalents of $403.4 million

PHOENIX, Ariz. – Aug. 5, 2009 – ON Semiconductor Corporation (Nasdaq: ONNN) today announced that total revenues in the second quarter of 2009 were $419.8 million, an increase of approximately 11 percent from the first quarter of 2009. During the second quarter of 2009, the company reported a GAAP net loss of $3.0 million, or $0.01 per fully diluted share. The second quarter 2009 GAAP net loss included net charges of $41.7 million, or $0.10 per fully diluted share, from special items. The special item details can be found in the attached schedules. During the first quarter of 2009, the company reported a GAAP net loss of $33.9 million, or $0.08 per fully diluted share.

Second quarter 2009 non-GAAP net income was $38.7 million, or $0.09 per share on a fully diluted basis. First quarter 2009 non-GAAP net income was $13.7 million, or $0.03 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 www.onsemi.com.

On a mix-adjusted basis, average selling prices in the second quarter of 2009 were down approximately one percent when compared to the first quarter of 2009. The company’s gross margin in the second quarter was 32.9 percent. Non-GAAP gross margin in the second quarter of 2009 was 34.7 percent. GAAP gross margin in the second quarter included a net charge of approximately $7.4 million, or approximately 180 basis points, from special items. The special item details can be found in the attached schedules.

Adjusted EBITDA for the second quarter of 2009 was $78.3 million. Adjusted EBITDA for the first quarter of 2009 was $57.9 million.

“After a very challenging period for the industry and ON Semiconductor, we are beginning to see stabilization in each of our end-markets and a resumption of seasonal growth patterns in our consumer-oriented end markets,” said Keith Jackson, ON Semiconductor president and CEO. “The aggressive actions the company has taken to reduce our overall cost structure, including the rationalization of our manufacturing network, puts ON Semiconductor in a favorable position when the industry fully recovers from the current economic downturn. These actions also further improve our leadership position in manufacturing efficiency within the industry. We continue to rationalize our inventory levels having reduced internal inventories for the second consecutive quarter. In total, we have reduced internal inventories by approximately 20 percent, or $66 million, since the fourth quarter of 2008. While there is still great uncertainty on the trajectory of the economic recovery, we believe the worst of the crisis is behind us. As the overall market continues to recover, we believe our ability to increase the cash flow of the business from current levels will strengthen.”

THIRD QUARTER 2009 OUTLOOK
“Based upon product booking trends, backlog levels and estimated turns levels, we anticipate that total revenues will be approximately $445 to $455 million in the third quarter of 2009,” Jackson said. “Backlog levels at the beginning of the third quarter of 2009 were up from backlog levels at the beginning of the second quarter of 2009 and represent approximately 90 percent of our anticipated third quarter 2009 revenues. We expect that average selling prices for the third quarter of 2009 will be down approximately one percent, sequentially. Starting in the first quarter of 2009, we began recording non-cash interest expense associated with the adoption of FASB Staff Position No. APB 14-1 related to our convertible senior subordinated notes. In the third quarter of 2009, we anticipate approximately $8 million of non-cash interest expense associated with this adoption. The following table outlines our third quarter 2009 GAAP and non-GAAP outlook.”

Q3 2009 Business Outlook

* Special Items can include: stock based compensation expense; restructuring, asset impairments and other, net; expensing of appraised inventory fair market value (FMV) step up; amortization of intangibles; goodwill impairments; income tax adjustments to approximate cash taxes; non-cash interest expense and certain other special items as necessary.

** 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 the sale of treasury shares. Please refer to the table on our website for potential changes to the Fully Diluted Share Count.

*** Regulation G and other provisions of the securities laws regulate the use of financial measures that are not prepared in accordance with generally accepted accounting principles. 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 news 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 Aug. 5, 2009 to discuss this announcement and ON Semiconductor’s results for the second quarter of 2009. The company will also provide a real-time audio broadcast 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 18498303. Approximately one hour following the live broadcast, the company will provide a dial-in replay that will continue to be available through Aug. 12, 2009. To listen to the teleconference replay, call 800-642-1687 (U.S./Canada) or 706-645-9291 (International). You will be required to provide the Conference ID Number – which is 18498303.

About ON Semiconductor
With its global logistics network and strong product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets. The company’s broad portfolio includes power, signal management, analog, DSP, advance logic, clock management, non-volatile memory and standard component devices. Global corporate headquarters are located in Phoenix, Arizona. The company operates a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

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. These forward-looking statements include, but are not limited to, statements related to the future financial performance of ON Semiconductor and our ability to increase cash flow from current levels. These forward-looking statements are based on information available to ON Semiconductor as of the date of this release and current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond ON Semiconductor’s control. In particular, such risks and uncertainties include difficulties encountered in integrating merged businesses; the variable demand and the aggressive pricing environment for semiconductor products; dependence on each company’s ability to successfully manufacture in increasing volumes on a cost-effective basis and with acceptable quality for its current products; the adverse impact of competitive product announcements; revenues and operating performance; poor economic conditions and markets, including the current credit markets; the cyclical nature of the semiconductor industry; changes in demand for our products; changes in inventories at customers and distributors; technological and product development risks; availability of raw materials; competitors' actions; pricing and gross margin pressures; loss of key customers; order cancellations or reduced bookings; changes in manufacturing yields; control of costs and expenses; significant litigation; risks associated with acquisitions and dispositions; risks associated with leverage and restrictive covenants in debt agreements; risks associated with international operations including foreign employment and labor matters associated with unions and collective bargaining agreements; 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); 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, as filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2009, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other of ON Semiconductor’s SEC filings. These forward-looking statements should not be relied upon as representing ON Semiconductor’s views as of any subsequent date and ON Semiconductor does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made.

ON Semiconductor Receives 2009 Pinnacle Award from Delphi for Outstanding Quality Performance

Tue, 04 Aug 2009 07:00:00 GMT

PHOENIX, Ariz. – Aug. 4, 2009 - ON Semiconductor (Nasdaq: ONNN), a leading global supplier of high performance, energy efficient, silicon solutions, has announced that its Aizu, Japan, wafer manufacturing facility has received Delphi’s 2009 Pinnacle Award. The Aizu facility is the manufacturing site for a wide range of ON Semiconductor’s individual technologies including Logic and Analog CMOS, MOSFETs, IGBTs and very high voltage Analog circuits.

The Delphi Pinnacle Award, based on 2008 performance, recognizes a premier group of Delphi suppliers for their commitment to and achievement of Quality, Value, and Cost performance. As an award recipient, ON Semiconductor met Delphi’s requirements for recognition including Zero Customer Impacts for quality, Zero Major Disruptions, single digit PPM and Green indicator for ISO/TS16949 certification on the compliance section of the Delphi Supplier Scorecard.

“ON Semiconductor is honored to receive the 2009 Pinnacle Award from Delphi,” said Lance Williams, sales director of ON Semiconductor’s Global Automotive Segment. “This is an important recognition to receive as we work with Delphi worldwide to drive our ‘Zero Defects’ quality goal and work to differentiate both companies in the highly competitive worldwide automotive market.”

About Delphi

Delphi is a leading global supplier of mobile electronics and transportation systems, including powertrain, safety, steering, thermal, and controls and security systems, electrical/electronic architecture, and in-car entertainment technologies. Engineered to meet and exceed the rigorous standards of the automotive industry, Delphi technology is also found in computing, communications, consumer accessories, energy and medical applications. Headquartered in Troy, Michigan, Delphi has approximately 133,000 employees and operates 138 wholly owned manufacturing sites in 34 countries with sales of $18.1 billion in 2008.

About ON Semiconductor

With its global logistics network and strong product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets. The company’s broad portfolio includes power, analog, DSP, mixed-signal, advance logic, clock management, non-volatile memory and standard component devices. Global corporate headquarters are located in Phoenix, Arizona. The company operates a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #

ON Semiconductor to Announce Second Quarter Financial Results

Thu, 09 Jul 2009 07:00:00 GMT

PHOENIX, Ariz. – July 9, 2009 - ON Semiconductor Corporation (Nasdaq: ONNN) plans to announce its financial results for the second quarter ending July 3, 2009, after the market closes on Wednesday, August 5, 2009.

The company will host a conference call at 5:00 p.m. Eastern Time (ET) on August 5, 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 18498303.

Teleconference Replay: Approximately one hour following the live broadcast, the company will provide a dial-in replay that will continue to be available through August 12, 2009. To listen to the teleconference replay, call 800-642-1687 (U.S./Canada) or 706-645-9291 (International). You will be required to provide the Conference ID Number – which is 18498303.

About ON Semiconductor
With its global logistics network and strong product portfolio, ON Semiconductor (Nasdaq: ONNN) is a preferred supplier of high performance, energy efficient, silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets. The company's broad portfolio includes power, analog, DSP, mixed-signal, advance logic, clock management, non-volatile memory and standard component devices. Global corporate headquarters are located in Phoenix, Arizona. The company operates a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

# # #