secwatch.observer — SEC 8-K summary
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Issuer:     ON SEMICONDUCTOR CORP (ON)
CIK:        0001097864
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001140361-25-042498
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.06
LLM model:  deepseek-v4-flash:cloud@v2

Onsemi announces additional $200M-$300M non-cash impairment charges on manufacturing assets
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- Approved additional pre-tax non-cash impairment/accelerated depreciation charges of $200M to $300M for long-lived manufacturing assets.
- Charges result from restructuring initiatives announced in Q1 2025; no material future cash expenditures expected.
- Most charges to be incurred between now and first two quarters of 2026.
- Estimated reduction in recurring depreciation expense of $10M to $15M in 2026.
- Charges determined as difference between carrying values and estimated fair values less costs to sell.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1097864/000114036125042498/0001140361-25-042498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1097864/000114036125042498/ef20059530_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-042498

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