LESHAN, CHINA – March 1, 2006 – A leading global supplier of power management solutions, ON Semiconductor’s (Nasdaq: ONNN) has announced that its Leshan-Phoenix Semiconductor Company Limited joint venture, located in China’s Sichuan Province, has been ranked among China’s Top 10 Semiconductor Assembly and Test Enterprises for 2005.
The ranking was developed by the China Semiconductor Industry Association and China Center of Information Industry Development (CCID) based on data submitted by semiconductor companies for the last calendar year. The Leshan-Phoenix facility employs 2,200 workers – most of whom are Chinese citizens. During 2005, production at the plant exceeded 18 billion units, producing primarily transistors and diodes in miniature surface-mount SOD-723 SOT-23, SC-59, SOD-323, SC-70, SC-88/88A, SOD-523 and SC-89 packages. These components are widely used in an array of electronics including communications systems, white goods, automobiles, computers, and consumer products ranging from cellular phones to portable gaming devices and televisions.
"Together, Leshan Radio Company Limited and ON Semiconductor have worked diligently to develop and operate a world-class, state-of-the-art semiconductor manufacturing facility in China’s western region,” said Walt Guy, ON Semiconductor vice president and director of global manufacturing. “The Top 10 ranking of Leshan-Phoenix Semiconductor among China's semiconductor assembly and test enterprises is further proof that ON Semiconductor’s investment strategies in China have been successful. We are proud and delighted by the recognition – which provides welcomed encouragement to continue our long-term plans for sustainable growth in China."
Leshan-Phoenix Semiconductor is a joint venture between ON Semiconductor and Leshan Radio Company Limited. ON Semiconductor was one of the first multinationals to invest in China's western region. Backed by strong government support and substantial collaboration from the Chinese partner, Leshan-Phoenix Semiconductor represents 10 years of investment and development. One of the largest foreign investment enterprises and electronics exporters in Sichuan Province, Leshan-Phoenix Semiconductor is an ON Semiconductor center of excellence for manufacturing in China and throughout the world. Asia.
In addition to the successful joint venture in Sichuan Province, ON Semiconductor has a strong presence throughout China, with sales offices in cities including Beijing, Shanghai, Shenzhen, Chengdu and Hong Kong, and a design center in Hong Kong. In 2005, approximately 30 percent of the company’s global sales revenues were generated in China.
"The Top 10 ranking is testament to the success of our joint efforts and further validation that ON Semiconductor’s investment strategies in China have been on target and effectively executed," said M. K. Mak, ON Semiconductor vice president of Marketing for Asia Pacific. "ON Semiconductor plans to continue to dedicate the resources required to sustain its record growth, its highly competitive edge, and its outstanding performance in China's rapidly developing semiconductor industry."
About ON Semiconductor
With its global logistics network and strong portfolio of power semiconductor devices, ON Semiconductor (NASDAQ: ONNN) is a preferred supplier of power solutions to engineers, purchasing professionals, distributors and contract manufacturers in the computer, cell phone, portable devices, automotive and industrial markets. For more information, please visit ON Semiconductor’s website at https://www.onsemi.com.
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