Press Release

onsemi Aligns Business Groups to Expand Product Portfolio and Accelerate Growth

The Analog and Mixed-Signal Group will deliver industry-leading technologies that enable full system solutions for automotive, industrial and cloud end-markets

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–onsemi (Nasdaq: ON) today announced the formation of the Analog and Mixed-Signal Group (AMG) which will be led by newly appointed group president, Sudhir Gopalswamy. The group will be focused on expanding onsemiโ€™s portfolio of industry-leading power management and sensor interface devices to unlock an additional $19.3 billion total addressable market and accelerate the companyโ€™s growth in the automotive, industrial and cloud-end markets.


Additionally, Simon Keeton has been promoted to group president of the Power Solutions Group (PSG). His leadership has been instrumental in delivering more than $4 billion in total revenue last year, while ramping a profitable silicon carbide business that achieved over $800 million in revenue in 2023.

โ€œThis organizational alignment builds on our strength in delivering highly differentiated and optimized solutions focused on customer needs,โ€ said Hassane El-Khoury, president and chief executive officer of onsemi. โ€œWith Simon and Sudhirโ€™s industry expertise and proven track records, we are setting the foundation for further growth and leadership in intelligent power and sensing technologies.โ€

AMG specializes in the development of a range of power management ICs and high precision, low power sensor interfaces and communications products. It positions onsemi to become a full suite provider of high efficiency power tree solutions with an expanded portfolio of gate drivers, DC-DC converters, multi-phase controllers, eFuses and more. The group will continue to extend its leadership in automotive- and industrial-focused sensor interface and communication solutions such as inductive, ultrasonic and medical sensing, as well as single-pair Ethernet and Bluetoothยฎ Low Energy (Bluetooth LE) solutions.

AMG combines the former Advanced Solutions Group (ASG) and Integrated Circuits Division (ICD), previously a part of the PSG. Gopalswamy will oversee both AMG and Intelligent Sensing Group (ISG), which together drove nearly $4 billion in revenue for the company last year.

This strategic move accelerates onsemiโ€™s position and will add even more system value for customers by powering every architecture with analog and mixed-signal technologies that enable advanced functionality, higher performance and faster time to market.

onsemi will publish its first quarter 2024 earnings based on the reorganized business segments and provide comparable historical data.

About onsemi

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the worldโ€™s most complex challenges and leads the way to creating a safer, cleaner and smarter world. onsemi is recognized as a Fortune 500ยฎ company and included in the Nasdaq-100 Indexยฎ and S&P 500ยฎ index. Learn more about onsemi at www.onsemi.com.

onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.

Contacts

Krystal Heaton
Director, Head of Public Relations

onsemi

(480) 242-6943

[email protected]

Parag Agarwal

Vice President – Investor Relations & Corporate Development

onsemi

(602) 244-3437

[email protected]

Author

Related Articles

Back to top button