Highest-materiality recent filing
onsemi to acquire Synaptics for ~$7B in stock; exchange ratio 1.350
Total enterprise value approximately $7 billion; Synaptics holders receive 1.350 onsemi shares per SYNA share.
ON Semiconductor issues $1.5B 0% Convertible Notes due 2031; enters hedge and warrant deals
$1.5B principal, zero-coupon, due May 1, 2031; initial conversion price ~$161.30 per share.
onsemi prices $1.3B 0% convertible senior notes due 2031; concurrent $332M share buyback
Priced $1.3B aggregate principal of 0% Convertible Senior Notes due 2031; initial purchasers option for additional $200M.
Onsemi launches $1.3B convertible notes offering; to repurchase up to $400M shares
Private offering of $1.3B convertible senior notes due 2031; initial purchasers have 13-day option for additional $200M.
onsemi Q1 revenue $1.513B beats midpoint; non-GAAP EPS $0.64; AI data center rev 2x YoY
Revenue $1,513M exceeded guidance midpoint; GAAP gross margin 38.5%.
Simon Keeton to step down as Group President of Power Solutions Group at onsemi
Simon Keeton, Group President, Power Solutions Group, will resign effective June 30, 2026.
ON Semiconductor Q4 revenue $1.53B, down 11% YoY; GAAP EPS $0.45
Revenue $1.53B in Q4, down 11% YoY; full year revenue $5.995B, down 15% from 2024.
Onsemi announces additional $200M-$300M non-cash impairment charges on manufacturing assets
Approved additional pre-tax non-cash impairment/accelerated depreciation charges of $200M to $300M for long-lived manufacturing assets.
Board Chair Alan Campbell to retire at 2026 annual meeting; Thomas Deitrich named successor
Alan Campbell to retire as chair and director at end of term, effective immediately prior to May 14, 2026 annual meeting.
onsemi Q3 revenue $1.55B beats expectations; EPS $0.63; guides Q4 $1.48-1.58B
Revenue $1,550.9M, up 6% sequentially but down 12% YoY; GAAP EPS $0.63, non-GAAP $0.63.
onsemi to acquire Aura Semiconductor's Vcore power tech for up to $144M
Max consideration $144M: $72M tied to product delivery, $72M contingent on revenue milestones.
onsemi Q2 rev $1.47B (-15% YoY), GAAP EPS $0.41; Q3 guidance mid $0.59 non-GAAP EPS
Revenue $1,468.7M, down 15% YoY; GAAP diluted EPS $0.41 vs $0.78 year ago.
onsemi Q1 revenue $1.45B, GAAP loss $1.15/share, non-GAAP EPS $0.55, Q2 guide $1.4-1.5B
Revenue $1,445.7M, down 22% YoY and 16% sequentially; PSG fell 26%, AMG 19%, ISG 20%.
ON Semi approves $600M-$700M non-cash impairment charge on manufacturing assets
Pre-tax non-cash impairment charges of $600M-$700M for long-lived manufacturing equipment at certain facilities.
onsemi proposes to acquire Allegro MicroSystems for $35.10 per share cash, $6.9B EV
All-cash proposal at $35.10/share represents 57% premium to Allegro's close on Feb 28, 2025.
ONSEMI to cut 2,400 jobs; expects $50-60M charges, $105-115M annual savings
Global workforce reduction of approx 2,400 employees, expected to be completed in 2025.
onsemi Q4 rev $1.72B (-15% YoY), EPS $0.88; Q1 guide weak: rev $1.35-1.45B, EPS $0.42-0.52
Q4 revenue $1,722.5M (-15% YoY); GAAP diluted EPS $0.88, non-GAAP $0.95.
onsemi to acquire Qorvo's SiC JFET business for $115M, adding $1.3B market opportunity
Acquires SiC JFET technology and United Silicon Carbide subsidiary from Qorvo for $115M cash.
onsemi Q3 GAAP EPS $0.93, revenue $1.76B; Q4 guidance $1.71-1.81B
Q3 GAAP EPS $0.93, non-GAAP $0.99; revenue $1.76B, down 19% YoY but above expectations.
ON Semiconductor Q2 revenue $1.735B (-17% YoY); EPS $0.78 GAAP; Q3 outlook $1.70-1.80B
Revenue $1,735.2M, down 7% QoQ and 17% YoY; GAAP EPS $0.78 (vs $1.29 YoY), non-GAAP EPS $0.96 (vs $1.33 YoY).
ON Semi Q1 results exceed expectations; revenue $1.86B, GAAP EPS $1.04, free cash flow up 3x YoY
Revenue $1,862.7M, down 5% YoY; GAAP diluted EPS $1.04, non-GAAP $1.08.
onsemi Q4 revenue $2.02B, EPS $1.28; Q1 guidance $1.8-1.9B rev
Q4 revenue $2,018.1M; GAAP gross margin 46.7%, operating margin 30.3%, GAAP diluted EPS $1.28; non-GAAP $1.25.
onsemi Q3 beats expectations; record automotive revenue up 33% YoY
Revenue $2,180.8M; GAAP EPS $1.29, non-GAAP EPS $1.39; gross margin 47.3%.
onsemi Q2 revenue flat YoY at $2.09B; EPS beat; automotive revenue record $1B+ up 35%
Q2 revenue $2,094M (flat YoY); GAAP EPS $1.29, non-GAAP $1.33; both ahead of guidance.
Onsemi Q1 revenue $1.96B (+1% YoY); auto revenue up 38% to record 50% of total
Revenue $1,959.7M (+1% YoY); GAAP EPS $1.03, non-GAAP EPS $1.19 (vs $1.22 YoY).
onsemi prices $1.3B 0.50% convertible notes due 2029, upsized from $1.1B
Offering upsized to $1.3B aggregate principal amount of 0.50% Convertible Senior Notes due 2029; initial purchasers have option for additional $200M.
onsemi announces $1.1B convertible senior notes offering due 2029
$1.1B aggregate principal amount of Convertible Senior Notes due 2029; initial purchasers may buy up to $165M additional.
onsemi Q4 revenue $2.1B (+14% YoY), EPS beats; announces $3B buyback
Q4 revenue $2,103.6M (+14% YoY); GAAP EPS $1.35, non-GAAP $1.32; record automotive $989M (+54% YoY).
onsemi Q3 revenue $2.19B (+26% YoY); record non-GAAP op margin 35.4%, EPS $1.45
Record revenue of $2,192.6M, up 26% YoY; all segments grew (PSG +25%, ASG +20%, ISG +45%).
Exit plan approved Sept 16, 2022 to wind down division within Advanced Solutions Group (legacy Quantenna).
Simon Keeton, the former Group President, Power Solutions Group, of onsemi, stepped down from all officer positions with onsemi effective March 9, 2026, as mutually agreed between the parties.
On October 1, 2024, Atsushi Abe, a member of the board of directors (the “ Board ”) of ON Semiconductor Corporation (the “ Company ”), gave notice of his intent to resign from the Board and its committees, effective October 11, 2024.
On February 6, 2024, Ross Jatou, Senior Vice President and General Manager, Intelligent Sensing Group, of ON Semiconductor Corporation (the “ Company ”), notified the Company of his resignation from all positions with the Company and its affiliates (together, “ onsemi ”), effective on or about February 22, 2024.
On September 11, 2023, Bernard R. Colpitts, Jr., Senior Vice President and Chief Accounting Officer of ON Semiconductor Corporation (the “ Company ”), notified the Company of his intent to resign from all positions with the Company and its affiliates (together, “ onsemi ”) on or about November 1, 2023.
Effective with Mr. Colpitts’ departure, Thad Trent, who has served as Executive Vice President, Chief Financial Officer, and Treasurer of the Company since February 2021, will assume the additional role of principal accounting officer.
appointed Christina Lampe-Önnerud to serve as a director of the Board (“ Director ”), effective as of September 1, 2023.
Sudhir Gopalswamy, the Company’s Senior Vice President and Chief Strategy Officer, has transitioned roles and is now the senior officer in charge of ASG effective as of the Effective Date.
On April 24, 2023 (the “Effective Date”), ON Semiconductor Corporation (the “Company”, and including its affiliates, “onsemi”) and Robert Tong, Senior Vice President and General Manager, Advanced Solutions Group (“ASG”) agreed that Mr. Tong would step down from his officer positions with onsemi, effective immediately, and will retire from all positions with onsemi effective June 19, 2023.
Vincent C. Hopkin, Executive Vice President and General Manager, Advanced Solutions Group (“ ASG ”) for ON Semiconductor Corporation (the “ Company ” and, including its affiliates, “ onsemi ”), informed the Company’s Board of Directors (the “ Board ”) of his intention to step down from his officer positions with onsemi, effective immediately, and will retire from all positions with onsemi effective July 31, 2022 (the “ Retirement Date ”).
Robert Tong, a Senior Vice President and direct report of Mr. Hopkin who has served as General Manager of the Mobile, Computing and Cloud Division of ASG since 2019, will assume Mr. Hopkin’s duties as the senior officer in charge of ASG effective as of the Effective Date.
Max materiality 0.85 · Median 0.65 · Most common event earnings