ON Semiconductor Corporation (ON): Canvas del Modelo de Negocio [Actualizado en Ene-2025]

En el mundo dinámico de la innovación de semiconductores, en Semiconductor Corporation surge como una potencia, transformando paisajes tecnológicos en los dominios de electrónica automotriz, industrial y de consumo. Con un modelo de negocio estratégico que combina el diseño de semiconductores de vanguardia, las asociaciones globales robustas y la innovación tecnológica implacable, se ha posicionado como un facilitador crítico de soluciones electrónicas de alto rendimiento que impulsan la eficiencia, la confiabilidad y el rendimiento en los diversos sectores del mercado. Esta exploración del modelo de negocio de ON ON presenta los intrincados mecanismos detrás de su éxito, revelando cómo entregan constantemente valor a través de la potencia avanzada y las tecnologías de semiconductores analógicos que están remodelando el ecosistema de electrónica global.

En Semiconductor Corporation (ON) - Modelo de negocios: asociaciones clave

Alianzas estratégicas con los principales fabricantes de productos electrónicos

En semiconductor mantiene asociaciones estratégicas con fabricantes de electrónica clave:

Pareja	Enfoque de asociación	Año establecido
Apple Inc.	Componentes de semiconductores de gestión de energía	2018
Electrónica Samsung	Diseño avanzado de semiconductores	2020
Foxconn	Colaboración de fabricación y cadena de suministro	2019

Socios de colaboración de diseño y tecnología de semiconductores

Los socios de colaboración de tecnología incluyen:

• Holdings de brazos (diseño de IP de semiconductores)
• TSMC (fabricación de semiconductores)
• GlobalFoundries (tecnologías de proceso avanzadas)

Proveedores globales de cadena de suministro y redes de fabricación

Proveedor	Ubicación	Capacidad de fabricación anual
TSMC	Taiwán	12 millones de obleas/año de 300 mm
UMC	Taiwán	8 millones de obleas/año de 300 mm
GlobalFoundries	Estados Unidos	6 millones de obleas/año de 300 mm

Instituciones de investigación y programas de desarrollo de tecnología universitaria

• Instituto de Tecnología de Massachusetts (MIT)
• Universidad de Stanford
• Instituto de Tecnología de Georgia

Equipo automotriz e industrial Fabricantes de equipos originales (OEM)

Socio de OEM	Aplicación de semiconductores	Ingresos anuales de semiconductores
Tesla	Electrónica de potencia	$ 275 millones
Bosch	Sensores automotrices	$ 340 millones
Siemens	Automatización industrial	$ 210 millones

En Semiconductor Corporation (ON) - Modelo de negocio: actividades clave

Diseño e ingeniería de chips de semiconductores

A partir de 2024, el semiconductor asigna $ 634.8 millones a los gastos de investigación y desarrollo. La compañía emplea a 1.823 ingenieros de diseño en múltiples ubicaciones globales.

Áreas de enfoque de diseño	Número de proyectos de diseño activo
Gestión de energía ICS	127
Soluciones de semiconductores analógicos	93
Diseños de semiconductores automotrices	64

Fabricación avanzada de energía y soluciones de semiconductores analógicos

En Semiconductor opera 17 instalaciones de fabricación a nivel mundial, con una capacidad de fabricación total de 1,2 millones de obleas por año.

• Ubicaciones de fabricación en Estados Unidos, China, República Checa, Eslovaquia, Filipinas
• Tasa de rendimiento de fabricación promedio: 94.3%
• Inversión de fabricación total en 2024: $ 872 millones

Investigación y desarrollo de tecnologías innovadoras de semiconductores

En 2024, en semiconductor mantiene 1.246 solicitudes de patentes activas y posee 3.892 patentes de tecnología de semiconductores existentes.

Área de enfoque de I + D	Solicitudes de patentes
Tecnologías de gestión de energía	412
Innovaciones de semiconductores automotrices	287
Soluciones de semiconductores industriales	203

Prueba de productos y garantía de calidad

En Semiconductor opera 8 centros de prueba dedicados con una capacidad de prueba total de 2.4 millones de unidades semiconductoras por mes.

• Tamaño del equipo de garantía de calidad: 612 profesionales
• Tiempo promedio de prueba de producto: 48 horas por lote de semiconductores
• Tasa de defectos de calidad: 0.07%

Servicios globales de ventas y soporte técnico

En semiconductor mantiene operaciones de ventas en 25 países con 782 profesionales de ventas y soporte técnico dedicados.

Región de ventas	Número de representantes de ventas
América del norte	276
Europa	203
Asia Pacífico	303

En Semiconductor Corporation (ON) - Modelo de negocio: recursos clave

Instalaciones avanzadas de fabricación de semiconductores

En semiconductor opera 22 instalaciones de fabricación a nivel mundial a partir de 2023, con ubicaciones clave en:

Ubicación	Número de instalaciones
Estados Unidos	5
Porcelana	4
Filipinas	4
Otras ubicaciones internacionales	9

Cartera de propiedades intelectuales

A partir de 2023, en semiconductor tiene:

• Más de 6.500 patentes activas
• Aproximadamente 2.300 solicitudes de patentes pendientes
• Portafolio de patentes que abarca múltiples tecnologías de semiconductores

Composición de la fuerza laboral

Estadísticas totales de la fuerza laboral para 2023:

Categoría	Número de empleados
Total de empleados	21,700
Fuerza laboral de ingeniería	6,510
Profesionales de I + D	3,255

Capacidades de investigación y desarrollo

Inversión de I + D para el año fiscal 2023:

• Gastos totales de I + D: $ 637 millones
• Gasto de I + D como porcentaje de ingresos: 8.7%

Inversión de capital en equipos de fabricación

Gasto de capital para 2023:

• Gasto total de capital: $ 825 millones
• Inversión en tecnologías de fabricación avanzada: $ 412 millones

On Semiconductor Corporation (ON) - Modelo de negocio: Propuestas de valor

Potencia de alto rendimiento y soluciones de semiconductores analógicos

En semiconductores reportaron ingresos anuales de $ 6.882 mil millones en 2022, con soluciones de gestión de energía que representan una parte significativa de su cartera de productos. La compañía ofrece Carburo de silicio de alto rendimiento (SIC) y tecnologías de semiconductores de nitruro de galio (GaN).

Categoría de productos	Contribución de ingresos	Segmento de mercado
Gestión de energía ICS	$ 2.1 mil millones	Automotriz, industrial
Soluciones de semiconductores analógicos	$ 1.5 mil millones	Electrónica de consumo

Componentes electrónicos de eficiencia energética y compactos

En semiconductor se centra en desarrollar soluciones de semiconductores de eficiencia energética con Consumo de energía reducido y factores de forma más pequeños.

• Mejoras de eficiencia energética de hasta el 40% en diseños de semiconductores
• Tamaños de paquetes de semiconductores reducidos en un 30% en comparación con las generaciones anteriores
• Calificaciones de eficiencia energética que cumple con los estándares ambientales internacionales

Diseños de semiconductores personalizados para aplicaciones de la industria específicas

La compañía ofrece soluciones de semiconductores a medida en múltiples industrias.

Industria	Solución personalizada	Penetración del mercado
Automotor	Chips de sistemas de asistencia del conductor avanzado (ADAS)	65% de participación de mercado
Industrial	Componentes de semiconductores de alta temperatura	45% de participación de mercado

Confiabilidad e innovación tecnológica en tecnología de semiconductores

En semiconductor invertido $ 752 millones en investigación y desarrollo en 2022, centrándose en tecnologías avanzadas de semiconductores.

• Más de 7.500 patentes activas
• Tasa de innovación tecnológica del 22% anual
• Múltiples premios de liderazgo de tecnología de semiconductores

Soluciones de semiconductores rentables para diversos mercados electrónicos

La compañía ofrece estrategias de precios competitivas en varios segmentos de mercado.

Segmento de mercado	Estrategia de precios promedio	Reducción de costos
Electrónica de consumo	5-10% por debajo del precio de la competencia	15% de reducción de costos de fabricación
Electrónica automotriz	Precios competitivos con alta fiabilidad	Mejora de la eficiencia de 20%

En Semiconductor Corporation (ON) - Modelo de negocios: relaciones con los clientes

Soporte técnico y consulta de ingeniería

En semiconductor proporciona soporte técnico a través de múltiples canales:

Canal de soporte	Tiempo de respuesta	Cobertura
Centros de soporte técnico global	Disponibilidad 24/7	Más de 20 países
Portal de recursos técnicos en línea	Acceso inmediato	Más de 200 recursos de documentación técnica
Consulta de ingeniería directa	Garantía de respuesta de 48 horas	Soporte especializado de diseño de semiconductores

Enfoque de asociación estratégica a largo plazo

Métricas de asociación estratégica:

• 75 Relaciones estratégicas de clientes de nivel empresarial
• Duración promedio de la asociación: 8.3 años
• $ 1.2 mil millones en proyectos de diseño colaborativo

Equipos de gestión de cuentas dedicados

Nivel de cuenta	Gerentes dedicados	Umbral de ingresos anual
Platino	2-3 gerentes especializados	$ 50 millones+
Oro	1-2 gerentes dedicados	$ 10-50 millones
Estándar	1 administrador de cuentas	$ 1-10 millones

Desarrollo e innovación de productos continuos

Métricas de inversión de innovación:

• Gastos de I + D de $ 638 millones en 2023
• 327 nuevas patentes de diseño de semiconductores
• 12 expansiones de línea de productos principales

Infraestructura de servicio al cliente receptivo

Métrico de servicio	Actuación
Calificación de satisfacción del cliente	4.7/5
Tiempo de resolución de emisión promedio	37 horas
Idiomas de apoyo global	15 idiomas

En Semiconductor Corporation (ON) - Modelo de negocios: canales

Fuerza de ventas directa

A partir de 2024, en semiconductor mantiene un equipo de ventas directas globales de aproximadamente 1,200 representantes de ventas en múltiples regiones.

Región	Representantes de ventas
América del norte	425
Europa	350
Asia-Pacífico	425

Catálogos de productos en línea y documentación técnica

En semiconductor proporciona recursos en línea completos con las siguientes métricas:

• Más de 15,000 hojas de datos de productos disponibles en línea
• Biblioteca de documentación digital que excede los 50,000 documentos técnicos
• Tráfico del sitio web de aproximadamente 2.5 millones de visitantes únicos por mes

Distribuidores de componentes electrónicos

Distribuidores principales	Volumen de ventas anual
Electrónica de flecha	$ 28.7 millones
Avnet	$ 22.3 millones
Electrónica futura	$ 15.6 millones

Ferias comerciales de la industria y conferencias técnicas

En semiconductor participa en aproximadamente 35-40 las principales ferias internacionales anualmente, con una participación directa estimada de 15,000 profesionales de la industria.

Plataformas de marketing digital y comunicación técnica

• Seguidores de LinkedIn: 175,000+
• Seguidores de Twitter: más de 45,000
• Vistas de contenido técnico de YouTube: 3.2 millones anuales
• Asistencia en el seminario web digital: 22,000 ingenieros por año

En Semiconductor Corporation (ON) - Modelo de negocios: segmentos de clientes

Fabricantes de electrónica automotriz

En semiconductor sirve a fabricantes de electrónica automotriz con penetración específica del mercado:

Métricas de segmento	2023 datos
Ingresos automotrices	$ 2.64 mil millones
Cuota de mercado en semiconductores automotrices	5.2%
Segmentos clave de clientes	Vehículo eléctrico, sistemas avanzados de asistencia al conductor (ADAS)

Productores de equipos industriales

En semiconductor proporciona componentes críticos para equipos industriales:

• Circuitos integrados de gestión de energía
• Tecnologías de sensores
• Semiconductores de automatización industrial

Métricas de segmento industrial	2023 datos
Ingresos industriales	$ 1.87 mil millones
Penetración del mercado	4.8%

Empresas de electrónica de consumo

Áreas de enfoque clave para la electrónica de consumo:

• Administración de energía para teléfonos inteligentes
• Soluciones de semiconductores de audio/video
• Chips de conectividad de dispositivo móvil

Métricas de electrónica de consumo	2023 datos
Ingresos electrónicos de consumo	$ 1.42 mil millones
Cuota de mercado global	3.6%

Sector de energía renovable

Soluciones de semiconductores para aplicaciones de energía renovable:

• Tecnologías de inversores solares
• Semiconductores de conversión de potencia
• Chips de gestión de almacenamiento de energía

Segmento de energía renovable	2023 datos
Ingresos de energía renovable	$ 672 millones
Penetración del mercado	3.1%

Empresas de tecnología informática y de comunicación

Soluciones de semiconductores para computación avanzada:

• Gestión de energía del centro de datos
• Chips informático de alto rendimiento
• Semiconductores de comunicación de red

Métricas de segmento de computación	2023 datos
Ingresos informáticos	$ 1.96 mil millones
Cuota de mercado global	4.5%

En Semiconductor Corporation (ON) - Modelo de negocio: Estructura de costos

Inversiones de investigación y desarrollo

En el año fiscal 2022, en semiconductores invirtió $ 560.4 millones en gastos de investigación y desarrollo, lo que representa el 8.6% de los ingresos totales.

Año	Inversión de I + D	Porcentaje de ingresos
2022	$ 560.4 millones	8.6%
2021	$ 446.1 millones	8.2%

Mantenimiento avanzado de la instalación de fabricación

La compañía opera múltiples instalaciones de fabricación a nivel mundial, con gastos de capital totales de $ 749 millones en 2022.

• Instalaciones de fabricación totales: 16 en todo el mundo
• Ubicaciones de fabricación primaria: Estados Unidos, China, Filipinas, Eslovaquia
• Costos de mantenimiento anual de la instalación: aproximadamente $ 120 millones

Compensación global de la fuerza laboral

La compensación total de los empleados para el año fiscal 2022 fue de $ 1.64 mil millones, que cubrió aproximadamente 21,000 empleados.

Categoría	Cantidad
Compensación total de empleados	$ 1.64 mil millones
Número de empleados	21,000
Compensación promedio por empleado	$78,095

Gastos de cadena de suministro y logística

La cadena de suministro y los costos de logística para el semiconductor en 2022 totalizaron aproximadamente $ 385 millones.

• Cobertura de la red de logística global: más de 50 países
• Gastos de transporte y almacenamiento: $ 185 millones
• Costos de gestión de inventario: $ 200 millones

Licencias de tecnología y costos de propiedad intelectual

Los gastos anuales de licencias de tecnología y propiedad intelectual para 2022 fueron de $ 76.5 millones.

Categoría de IP	Costo anual
Mantenimiento de patentes	$ 42.3 millones
Licencias de tecnología	$ 34.2 millones

En Semiconductor Corporation (ON) - Modelo de negocios: flujos de ingresos

Ventas de componentes de semiconductores

En el año fiscal 2023, en semiconductores reportó ventas netas totales de $ 6.87 mil millones. Las ventas de componentes semiconductores de la compañía se distribuyeron en segmentos de mercado múltiples:

Segmento de mercado	Contribución de ingresos
Automotor	$ 3.14 mil millones
Industrial	$ 1.92 mil millones
Comunicación	$ 0.85 mil millones
Computación	$ 0.66 mil millones

Servicios de ingeniería de diseño personalizados

El semiconductor ofrece servicios de diseño de ingeniería especializados con ingresos anuales estimados de aproximadamente $ 180 millones en 2023.

Licencias de tecnologías de semiconductores

Los ingresos por licencias de tecnología para el semiconductor en 2023 se estimaron en $ 45 millones, lo que representa un flujo estratégico de monetización de propiedad intelectual.

Soporte de productos y consultas técnicas

• Ingresos anuales de soporte técnico: $ 62 millones
• Servicios integrales de soporte de diseño
• Paquetes de consulta técnica posterior a las ventas

Ventas del mercado global en sectores de la industria múltiples

Distribución de ingresos geográficos para 2023:

Región	Ganancia	Porcentaje
Estados Unidos	$ 2.41 mil millones	35.1%
Porcelana	$ 1.58 mil millones	23.0%
Europa	$ 1.37 mil millones	19.9%
Resto de Asia	$ 1.05 mil millones	15.3%
Otras regiones	$ 0.46 mil millones	6.7%

ON Semiconductor Corporation (ON) - Canvas Business Model: Value Propositions

Superior energy efficiency for next-generation automotive and AI platforms.

ON Semiconductor Corporation is delivering solutions where energy savings are paramount. A key example is the vertical Gallium Nitride (vGaN) platform, which management stated reduces energy loss by up to 50%. This efficiency gain is critical for managing the surging energy demands of AI data centers and improving the performance envelope of electric vehicles (EVs).

System-level value that reduces energy loss by up to 50% with vGaN.

The proprietary GaN-on-GaN technology in the vGaN solution is designed to conduct current vertically, which supports higher operating voltages and faster switching frequencies. This translates directly into smaller and lighter power systems for customers. The company is actively sampling both 700V and 1,200V vGaN devices to lead customers in the automotive and AI sectors.

High-performance power solutions (SiC/GaN) for greater EV range and lower system cost.

The focus on Silicon Carbide (SiC) is central to the value proposition in e-mobility. ON Semiconductor Corporation has a vertically integrated manufacturing flow for SiC, and management previously projected a future SiC market share target between 35% to 40%. The adoption of SiC is necessary for the industry trend toward 800V bus architectures in new EVs, which improves battery efficiency and charging times. The company reported Q3 2025 Automotive revenue of $787 million, up 7% sequentially, showing traction in this segment despite broader market cycles.

Intelligent sensing technologies for vehicle safety and industrial automation.

ON Semiconductor Corporation is actively reshaping its Intelligent Sensing Group (ISG) portfolio, moving focus toward Advanced Driver-Assistance Systems (ADAS) and machine vision applications. The company's AI revenue nearly doubled year-over-year in Q3 2025, with management expecting AI revenue to reach almost $250 million for the full year 2025. For the third quarter of 2025, the Intelligent Sensing Group (ISG) specifically generated revenue of $230 million.

Supply assurance and thermal performance for hyperscale data center deployments.

The value proposition for hyperscale data centers centers on high-density, high-efficiency power delivery, which is crucial as AI workloads drive massive power consumption. ON Semiconductor Corporation is collaborating with NVIDIA to advance 800V DC Power Solutions for next-generation AI Data Centers. Power Modules featuring their EliteSiC™ are targeted for modular Uninterruptible Power Supply (UPS) systems at the data center power point of entry, with strong year-over-year growth of approximately 40-50% expected in UPS systems. The company's Q3 2025 total revenue was $1.55 billion, reflecting the scale of its operations supporting these infrastructure needs.

Here's a quick look at how key technology platforms and segments performed in Q3 2025:

Value Proposition Area	Metric/Technology	Quantifiable Data Point
Energy Efficiency	vGaN Energy Loss Reduction	Up to 50%
AI Infrastructure	Expected AI Revenue (FY 2025)	Almost $250 million
Intelligent Sensing	Q3 2025 ISG Revenue	$230 million
Data Center Power	Expected UPS System Growth (EliteSiC)	40-50% YoY
Automotive Power	Projected SiC Market Share Target	35% to 40%

The benefits delivered through these technologies include:

• Enabling smaller and lighter power systems due to higher power density.
• Improving EV range through more efficient inverters.
• Reducing system cost in EV platforms.
• Delivering higher efficiency for solar and wind inverters in renewable energy.
• Supporting faster, smaller, and more rugged charging infrastructure.
• Enabling smarter factories and buildings via intelligent sensing for Industry 4.0.

ON Semiconductor Corporation (ON) - Canvas Business Model: Customer Relationships

You're looking at how ON Semiconductor Corporation manages its most important connections with the companies buying its chips. It's all about deep technical partnership, especially now that high-growth areas like AI are taking center stage. The relationship strategy is clearly bifurcated: deep, direct engagement at the top and broad support through the channel for everyone else.

Direct engagement focuses on securing major, long-term commitments. For instance, in China, ON Semiconductor secured strategic wins in high voltage traction inverters with a leading tier one for multiple local OEMs. This kind of win locks in future volume. Also, their focus on system-level value is clear through their partnership with NVIDIA to accelerate the transition to 800 VDC power solutions specifically for next-generation AI data centers. This isn't just selling a part; it's designing the whole power delivery system.

The support structure is heavily weighted toward technical assistance. The success in specialized areas shows this in action. The industrial image sensor funnel, for example, was up 55% year-over-year, showing traction in factory automation and inspection-areas that demand deep application knowledge from ON Semiconductor's engineers. Furthermore, to bolster their offering for these key customers, ON Semiconductor acquired Vcore Power Technology from Aura Semiconductor, which accelerates their roadmap for advanced multiphase controllers.

For the broader market, channel support is key to ensuring component availability. We can see inventory health improving, which suggests better alignment with distributor needs. ON Semiconductor's Days Inventory Outstanding (DIO) was 193 days in Q3 2025, a notable improvement from 207 days in the previous quarter. This signals that the channel is burning through stock, moving toward a more normalized supply situation. Historically, the company had a goal to push $1 billion worth of product through distribution globally.

The focus on high-growth segments is driving significant customer attention. The AI data center business was a standout performer, having approximately doubled year-over-year in Q3 2025. Management expects AI-related sales to reach almost $250 million for the full year 2025. This rapid growth requires a focused approach, which is also seen in the sampling of their breakthrough vertical GaN (vGaN) semiconductors, which are targeting lead customers in both automotive and AI.

Here's a quick look at how the major revenue-generating segments performed sequentially in Q3 2025:

Segment	Q3 2025 Revenue (Millions USD)	Sequential Growth
Automotive	$787 million	7%
Industrial	$426 million	5%
AI Data Center (Implied/Related)	Contributing to growth	Nearly doubled YoY

The customer relationship strategy is also supported by ongoing product innovation that directly addresses customer pain points, such as the launch of the vGaN platform, which promises to reduce energy loss by up to 50%, making it ideal for AI data centers and electric vehicles. The company is defintely using strategic acquisitions and product launches to deepen its value proposition.

You can see the direct results of these customer-centric efforts in the overall financial performance:

• Q3 2025 Revenue reached $1,550.9 million.
• Non-GAAP Operating Margin expanded to 19.2%.
• Free Cash Flow grew 22% year-over-year to $372.4 million.
• Year-to-date share repurchases totaled $925 million, about 100% of free cash flow.

Finance: draft 13-week cash view by Friday.

ON Semiconductor Corporation (ON) - Canvas Business Model: Channels

You're looking at how ON Semiconductor Corporation moves its intelligent power and sensing solutions to market as of late 2025. It's a mix of high-touch direct engagement and broad-reach distribution, all backed by significant internal manufacturing muscle.

The direct sales force is definitely the primary route for the biggest deals. This team manages the deep, long-term relationships required by major automotive and industrial OEMs, which are core to ON Semiconductor Corporation's strategy. For context on the scale these teams operate within, consider the third quarter of 2025 revenue hit $1,550.9 million, up from $1,468.7 million in the second quarter of 2025.

For the broader market, which includes smaller customers and a wider range of industrial applications, ON Semiconductor Corporation relies on a global network of distributors. This channel is crucial for volume and market penetration outside the top-tier OEM accounts. The company's focus on vehicle electrification, safety, and industrial automation means these partners need access to the latest silicon.

The internal manufacturing facilities are a key differentiator, especially the state-of-the-art semiconductor fabrication facility in East Fishkill, NY. This 300mm wafer fab is central to securing the supply chain for next-generation products. Specifically, it produces chips based on the Treo Platform, which is built on 65nm Bipolar-CMOS-DMOS (BCD) process technology. This platform supports an industry-leading voltage range of 1V to 90V and operating temperatures up to 175° C. As a concrete measure of output supporting these channels, ON Semiconductor Corporation shipped over 5 million Treo-manufactured units from the East Fishkill facility in the second quarter of 2025.

Supporting all these physical channels are the essential digital touchpoints. ON Semiconductor Corporation uses online technical resources and product documentation to help design engineers integrate their solutions. This self-service channel is vital for accelerating time-to-market for customers using the modular Treo Platform.

Here's a quick look at the financial scale underpinning these channel activities through the third quarter of 2025:

Metric	Q3 2025 Value	Q2 2025 Value	Change (QoQ)
Revenue (in millions)	$1,550.9	$1,468.7	Up 5.6%
Non-GAAP Gross Margin	38.0%	37.6%	Up 40 basis points
Non-GAAP Operating Margin	19.2%	17.3%	Up 190 basis points
Free Cash Flow (in millions)	$372.4	(Not explicitly stated for Q2, but FCF Margin was 20.1% in Q2)	FCF grew 22% year-over-year in Q3

The company's channel strategy is clearly supported by its internal capacity, which is designed to meet high-reliability needs:

• The East Fishkill fab holds Category 1A Trusted Supplier accreditation.
• The Treo Platform targets automotive, industrial, and AI data center markets.
• Year-to-date share repurchases through Q3 2025 were approximately 100% of free cash flow.
• The company returned over 100% of free cash flow year-to-date through share repurchases as of Q2 2025.

Finance: draft 13-week cash view by Friday.

ON Semiconductor Corporation (ON) - Canvas Business Model: Customer Segments

You're looking at where ON Semiconductor Corporation is placing its bets for revenue generation right now, late in 2025. It's about where the dollars are coming from this year, which helps map out their near-term strategy.

Here's a quick look at the revenue contribution from the primary customer groups based on the most recent reported quarter and projections for the full year:

Customer Segment	Q2 2025 Revenue	2025 Revenue Projection
Automotive OEMs	$733 million	Not specified
Industrial Customers	$406 million	Not specified
AI Data Centers and Cloud Infrastructure	Not specified for Q2	Expected to reach $250 million

The focus areas for each segment show you what ON Semiconductor is selling into those markets. For instance, the Automotive segment is heavily tied to the big industry shifts happening now.

Automotive OEMs (Electric Vehicles, ADAS, vehicle electrification)

• Electric Vehicles
• ADAS (Advanced Driver-Assistance Systems)
• Vehicle electrification

That Automotive segment pulled in $733 million in revenue during the second quarter of 2025. It's definitely the largest piece of the pie based on that snapshot.

Industrial Customers (Automation, sustainable energy, UPS systems)

• Automation
• Sustainable energy
• UPS systems (Uninterruptible Power Supply)

Industrial customers contributed $406 million in revenue for ON Semiconductor Corporation in Q2 2025. This segment shows the breadth of their power solutions use outside of just cars.

AI Data Centers and Cloud Infrastructure (intelligent power delivery)

• Intelligent power delivery

This is the high-growth area you need to watch. While the Q2 2025 revenue isn't broken out separately, the segment is expected to hit $250 million in total 2025 revenue. To give you context on the momentum, the AI data center business approximately doubled year-over-year in the third quarter of 2025.

Aerospace, Defense, and Security (emerging high-reliability applications)

• Emerging high-reliability applications

ON Semiconductor Corporation is also serving Aerospace, Defense, and Security customers, focusing on applications that demand the highest reliability standards. Specific revenue figures for this segment aren't detailed in the same way as the top two for Q2 2025.

Finance: draft 13-week cash view by Friday.

ON Semiconductor Corporation (ON) - Canvas Business Model: Cost Structure

You're looking at the cost side of ON Semiconductor Corporation's business model as of late 2025. The nature of semiconductor fabrication means that fixed costs, especially related to the manufacturing base, are a major component of the cost structure.

High Cost of Goods Sold (COGS) due to complex semiconductor manufacturing is inherent to the business. Based on Q2 2025 results, the GAAP Gross Margin was 37.6% on revenue of $1,468.7 million. This implies a Cost of Goods Sold of approximately $916.5 million for the quarter, reflecting the significant material, labor, and overhead costs tied to wafer fabrication and packaging.

The pressure on profitability is evident when comparing margins year-over-year. The GAAP Gross Margin in Q2 2025 at 37.6% is significantly lower than the 45.2% reported in Q2 2024. Furthermore, the company recorded $235.8 million in excess and obsolete inventory charges in the first half of 2025, which directly pressures the cost of revenue.

The operational efficiency challenges are also reflected in the margin compression. While the specific impact of underutilization charges on gross margin by 900 basis points in Q2 2025 isn't explicitly detailed in the public filings, the sequential drop in the Non-GAAP Gross Margin from 40.0% in Q1 2025 to 37.6% in Q2 2025 suggests significant absorption issues or pricing pressures. The GAAP Operating Margin for Q2 2025 was 13.2%, down from 22.4% in Q2 2024.

Here's a quick look at the key margin and cost-related metrics from the second quarter of 2025:

Metric	Q2 2025 Value	Q1 2025 Value	Q2 2024 Value
Revenue (in millions)	$1,468.7	$1,445.7	$1,735.2
GAAP Gross Margin	37.6%	N/A (Implied lower)	45.2%
Non-GAAP Operating Margin	17.3%	18.3%	27.5%
General and Administrative Expenses (in millions)	$91.2	$85.0 (Implied Q1)	N/A

ON Semiconductor Corporation is actively managing its cost base through strategic realignment. The Q1 2025 restructuring initiative, which involved cutting about 2,400 jobs (approximately 9 percent of the workforce), was designed to generate annualized savings. The expected annualized savings from this initial workforce reduction are between $105 million and $115 million.

The restructuring also involved significant non-cash charges. Management approved additional pre-tax non-cash impairment and accelerated depreciation charges ranging from $200 million to $300 million, primarily related to long-lived manufacturing assets. The employment-related charges for the initial reduction were estimated between $50 million and $60 million, mostly accounted for in the 2025 calendar year. Total restructuring expenses recorded over the first half of 2025 reached $588.5 million.

The company continues to fund its future technology roadmap, which includes investments in next-generation technologies. While specific R&D dollar amounts allocated solely to Silicon Carbide (SiC) and Gallium Nitride (GaN) development aren't broken out in the summary data, the overall strategy involves positioning the company for long-term growth through these investments.

Capital expenditures (CapEx) remain a necessary outlay for maintaining and expanding the manufacturing footprint to meet future demand, particularly in automotive and industrial markets. For the second quarter of 2025, ON Semiconductor Corporation reported Capital Expenditures of $78 million, which represented 5% of that quarter's revenue.

Key cost-related actions and figures include:

• Employment-related restructuring charges estimated at $50 million to $60 million in 2025.
• Projected annualized savings from the Q1 2025 workforce reduction: $105 million to $115 million.
• Non-cash impairment and depreciation charges related to restructuring: $200 million to $300 million.
• Total restructuring expenses for the first half of 2025: $588.5 million.
• Q2 2025 Capital Expenditures: $78 million.

Finance: draft 13-week cash view by Friday.

ON Semiconductor Corporation (ON) - Canvas Business Model: Revenue Streams

You're looking at how ON Semiconductor Corporation brings in the money, which is really about where their specialized chips are being bought. As of late 2025, the revenue streams are heavily tied to their focus on energy-efficient solutions for big trends like vehicle electrification and industrial automation.

The total top-line number for the third quarter of 2025 was reported at $1,550.9 million, which, frankly, was a solid beat against what the market was expecting.

ON Semiconductor Corporation structures its revenue around its core technology groups. Here's a look at the revenue breakdown from the third quarter of 2025 for those primary groups:

Business Segment	Q3 2025 Revenue (in millions)	Sequential Growth (QoQ)
Power Solutions Group (PSG)	$737.6	6%
Analog & Mixed-Signal Group (AMG)	$583.3	5%
Intelligent Sensing Group (ISG)	$230.0	7%

The sales of Intelligent Power Solutions, which includes critical components like Silicon Carbide (SiC), IGBTs, and power modules, are largely captured within the Power Solutions Group (PSG) revenue of $737.6 million for the quarter.

For Intelligent Sensing Solutions, which covers image sensors and analog sensors, the revenue is spread across the AMG and ISG. The Intelligent Sensing Group (ISG) itself brought in $230.0 million sequentially growing by 7%.

The company also tracks revenue by end-market, which gives you a clearer picture of demand drivers. You saw strong sequential momentum in the key areas they are targeting:

• Revenue from the Automotive segment grew 7% sequentially in Q3 2025, hitting $787 million for the quarter.
• Revenue from the Industrial segment grew 5% sequentially in Q3 2025, reaching $426 million.

Also, don't forget the AI data center business, which was noted as approximately doubling year-over-year, showing that strategic pivot is definitely paying off in terms of new revenue streams.