Joint lab located in Shenzhen to focus on power solutions for TV applications

SHENZEN, China – Dec. 9, 2008 – ON Semiconductor (Nasdaq: ONNN), a global leader in high performance, energy efficient, silicon solutions, today announced that it has opened a joint power laboratory with TCL Multimedia Technology Holdings Limited (TCL Multimedia, HKSE: 1070) in China, to better serve the needs of customer-focused power solutions for LCD and CRT television sets.

The new lab is located at TCL Multimedia’s global research and development (R&D) center in Shenzhen. Joint development efforts at the lab will focus on leading-edge and cost-effective power solutions for TCL Multimedia’s industry-leading TV products.

“We have been using ON Semiconductor’s energy-efficient power solutions- which meet or exceed global standards for power efficiency - since 2002,” said Yang Fu Zhong, general manager of Worldwide R&D at TCL Multimedia. “The new joint lab will propel TCL to develop better, faster and cost effective turnkey power solutions for LCD TVs which are our key growth segment for the next few years. We are confident that with ON Semiconductor’s market leadership and complete LCD TV power solutions, we will continue strengthening the brand values of TCL and advancing our product design to a new level.”

“With high active mode efficiency, low standby power consumption and effective power factor correction, our solutions help TCL Multimedia optimize power usage for every aspect of their TV functionality,” said Darrell Lim, ON Semiconductor regional vice president of Sales for Greater China. “The new lab is a significant step in ON Semiconductor’s continuing strategy to lead the power management market utilizing partnerships with market leaders in China. This lab will enable us to better address the needs of TCL Multimedia and anticipate market trends, helping our customer accelerate creativity for life for their TV consumers.”

ON Semiconductor will assign resident field application engineers to work at the joint lab with TCL Multimedia’s R&D teams across LCD and CRT TV product lines.

The facility brings the total number of joint power labs that ON Semiconductor has opened in China to eight, following the successful establishment of joint labs with other leading China companies including Changhong, Haier, Hisense, Malata, Skyworth and Xoceco.

About TCL Multimedia Technology
TCL Multimedia Technology (HKSE:1070) is one of the three listed companies of TCL Corporation, one of China’s largest consumer electronics corporations with operations in around 40 countries and regions worldwide. The three letters “TCL” stand for “The Creative Life”, signifying how life can be inspired by creativity. TCL is a top five global TV brand, with more than 15 million sets sold in 2007. The company has won international accolades including Fortune China magazine’s Most Admired Chinese Companies of 2007, BusinessWeek’s Rising International Chinese Brands, and Germany’s 2008 Red Dot Design Award for LCD TV.

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 https://www.onsemi.com.

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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, such information on the website is not to be incorporated herein.

About onsemi

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world.

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onsemi and the onsemi logo are 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.

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