PHOENIX, Ariz. – Feb. 27, 2019 –

Share

Distribution Partners Contributed to Company’s Q3 Milestone, $1B in Distribution Resales

PHOENIX, Ariz. – Feb. 27, 2019 – ON Semiconductor Corporation (Nasdaq: ON), driving energy efficient innovations, today announced its top distribution partners for 2018. These awards honor the distributor in each region that led overall channel sales, grew market share, captured increased sales of products and scored highly on overall process excellence in an evolving semiconductor market.

The top 2018 distribution partners are:

ON Semiconductor is an industry leader in leveraging partnerships in the global distribution channel. Approximately 60 percent of the company’s business results from distribution sales, and distribution remains the fastest channel to market. Over the past few years, ON Semiconductor has grown distribution sales, which has attributed to over half of the company’s revenue dating back to 2015.

“Distribution sales accounted for approximately 60 percent of ON Semiconductor’s 2018 annual revenues,” said Jeff Thomson, vice president of global channel sales for ON Semiconductor. “The support of our worldwide distribution partners is fundamental to the success of our company’s ongoing plans to increase market penetration and continue revenue growth at a faster pace than the industry. The collaborative relationships and progressive sales programs we foster with our channel partners are an integral part of comprehensive solution selling. As advocates of these goals, each of the 2018 distribution partner award winners successfully grew product sales, generated significant new business, and effectively supported both our customers’ needs and our company initiatives for operational excellence. We thank our outstanding channel partners for their valuable contributions throughout 2018 and look forward to continued success in the coming year.”

In the third quarter of 2018, ON Semiconductor announced a monumental milestone in the company’s history by reaching over $1 billion in distribution resales. ON Semiconductor distribution partners, and this year’s honorees, have been instrumental to this tremendous milestone. In addition to this accomplishment, ON Semiconductor was recognized in 2018 as a Fortune 500 company, was named as one of Fortune’s 100 Fastest Growing Companies, was listed on the Dow Jones Sustainability Index and yesterday announced that they were recognized by Ethisphere as one of the World’s Most Ethical Companies for the fourth year in a row.

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.

###

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.

If you are a member of the press and are interested in receiving onsemi press releases via email, please complete the form below.

* Full Name

* Email

* Media you represent

* Press Category

*Required fields

Choose your prefered language. You can choose more than one.