Phoenix, AZ - May 15, 2000 - ON Semiconductor (NASDAQ: ONNN) and SpinCircuit Inc. announced today that they have commenced a relationship to provide printed circuit board (PCB) designers with a comprehensive online database of technical resources, tools, services and support necessary for them to make better product design decisions earlier in the design cycle. By utilizing the SpinCircuit?Internet Gateway and extending its offerings to the design community, ON Semiconductor will be the first semiconductor manufacturer attempting to bridge the gap between the design desktop and the electronics supply chain network.
This relationship between ON Semiconductor and SpinCircuit creates a new and exciting opportunity for both companies to pool their respective areas of expertise and core competencies to provide up-to-date design, supply and manufacturing information directly to the design desktop.
ON Semiconductor's collaboration with SpinCircuit is expected to translate into significant improvements in product time-to-market as well as operational and supply chain efficiencies for the designers whom SpinCircuit reaches through its relationship with electronic design automation companies. By integrating relevant semiconductor chip information into schematic capture solutions, SpinCircuit will help ON Semiconductor and other suppliers reduce the barrier to entry for new and innovative product design. This endeavor will ultimately expand the available market for component suppliers, contract manufacturers, and other service providers throughout the supply chain.
"ON Semiconductor is committed to finding solutions that enable the designers and other members of the electronics supply chain to be more effective and efficient during the design process," said Michael Rohleder, senior vice-president of sales and marketing at ON Semiconductor. "The joint effort between ON Semiconductor and SpinCircuit will attempt to simplify the supply chain process so that designers can choose from the company's broad selection of products to integrate into PCB designs."
SpinCircuit estimates that 80 percent of a product's cost is determined in the first 20 percent of the product development process, and that more than 30 percent of an engineer's time goes toward researching, selecting and documenting electronics components. SpinCircuit's solution will enable designers to more fully exploit Internet connectivity to design and deliver the right products to market faster.
The SpinCircuit Internet Gateway provides more than just technical data to designers. The content of the portal is expected to include information on the entire portfolio of ON Semiconductor's products, design models, information on End of Life (EOL) issues, part number changes and announcements of upcoming products. SpinCircuit's offerings will include access to certain restricted technical data provided by ON Semiconductor and highlight new product releases in special features.
"SpinCircuit focuses on expediting the reach and richness of supply chain information and integrating it directly into design environments," said Peter Summers, vice president of business development at SpinCircuit. "We are excited that a world-class company like ON Semiconductor understands the value of our vision. We are also proud that ON Semiconductor is interested in being an early adopter of our solution that delivers the latest information and services directly to the designers to help them realize improved time-to-market."
About ON Semiconductor
ON Semiconductor is one of the world's largest suppliers of analog, standard logic, and discrete semiconductors for data and power management. ON Semiconductor's products include integrated circuits for high-bandwidth data applications, analog ICs for power management and low-voltage power transistors. In addition to using micropackaging technology across all product families, ON Semiconductor offers the largest selection of discrete semiconductors in a variety of surface mount and standard packages. These semiconductors turn on and connect digital electronic products to our world. ON Semiconductor?is the trade name of SCG Holding Corporation's affiliate, Semiconductor Components Industries, LLC. Further information is available at the Company's website: https://www.onsemi.com
SpinCircuit Inc. is an independent business-to-business Internet company focused on creating an entirely new concept for the global electronics supply chain. This new virtual supply chain is where the engineering desktop, component suppliers, and product manufacturers are linked together as never before. The result will be vastly improved supply chain efficiency and time-to-market for electronic products. SpinCircuit is a privately held company based in San Jose, California. For more information, visit the SpinCircuit design gateway at https://www.spincircuit.com.
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