Preface: ON Semiconductor (ON Semiconductor, the US Nasdaq: ON) is used in energy-efficient electronic products, primary supplier of high performance silicon solutions. The company's broad portfolio of power and signal management, logic, discrete and custom devices helps customers solve their unique design challenges automotive, communications, computing, consumer electronics, industrial, LED lighting, medical, military / aerospace and power applications in both fast and consistent cost-effective. Operations in key markets throughout North America, Europe and the Asia Pacific region's manufacturing facilities, sales offices and design centers of world-class, value-added supply chain and a network.
Positive energy electronic network informed, ON Semiconductor (ON) 2 released in March of 2019 fourth quarter and full year earnings report showed non-GAAP earnings per share of $ 0.30 under the company's fourth quarter, down 43%. Under GAAP earnings per share were $ 0.14, down 64%. Below market expectations. Q4 revenue of $ 1.4 billion, down 6.7%, growth of about 1%, higher than market expectations. By-quarter improvement in demand, semiconductor start the bottom of the recovery. 19Q4 demand gradually improved, the majority of end market demand is improving, the current recovery is still part of a modest recovery, not a sharp rise, more and more favorable macroeconomic data, industrial activity showed a modest improvement. Automotive, industrial and power industry segments cloud growth continues to accelerate. Automotive, industrial and power markets are all cloud inside the fastest growing market in the market, customers are increasingly diverse. China's auto market began to recover, led by a strong recovery in the industry. Chinese market continued to recover and improve, led by continued strong demand for automotive IGBT. ADAS automatically assist the driver demand, silicon carbide modules continue to get recognized by end-users, OEM manufacturers actively vied for product placement. Dashboards, car networking and advanced lighting power management chip promote strong growth.
Summary: ON (ON) Q2 quarter from 19 years of weak traffic began to decline, the need to recognize the risk of unforeseen geopolitical and macroeconomic events brought about through the timely adjustment and stable business environment. ON Semiconductor (ON) not to be in!
This article references from ON (ON): https://www.bom.ai/news/50