In 2024, ON Semiconductor will continue to develop intelligent power supply and intelligent sensing technology, and enhance its competitiveness in key markets through technological innovation and product upgrades. The company will implement its revenue growth strategy and strive to achieve a compound annual growth rate higher than expected in the semiconductor market through new product launches and silicon carbide (SiC) production increases. In terms of carbon emission management and sustainable development practices, ON Semiconductor will promote the deep decarbonization of business processes.
ON Semiconductor will continue to strengthen strategic partnerships, ensure stable and reliable supply by signing long-term supply agreements, and build joint technology application laboratories with customers to promote innovation and industrial upgrading. The company will continue to pay attention to the updates of technology and environmental protection regulations, develop products and solutions that meet new standards, flexibly respond to changes in market demand, and maintain market competitiveness.
ON Semiconductor is committed to providing comprehensive solutions for the new energy vehicle market, from core electric drive systems to intelligent sensing and connection technologies, supporting the trend of vehicle electrification, intelligence and connectivity.
The following are ON Semiconductor’s key products and solutions in the automotive field:
SiC solutions: SiC MOSFETs and SiC diodes improve system energy efficiency, reduce size and weight, and improve the cruising range and performance of electric vehicles. ON Semiconductor's SiC process platform leads in key performance indicators and provides optimized gate drive solutions to drive SiC more efficiently and reliably.
Power modules and advanced packaging: Continue to develop high-efficiency, high-power-density power modules for on-board chargers, main drives, DC-DC converters, etc. to optimize energy use and ensure stable operation of vehicle electrical systems.
Intelligent sensing technology: Provide various sensor solutions to promote advanced driving assistance systems and autonomous driving, and improve driving safety.
Connectivity and in-vehicle networking: Supports in-vehicle Ethernet and other in-vehicle network standards to enable efficient communication within the vehicle and with the external environment.
LED lighting: Provide high-brightness, low-power LED solutions to improve visibility, design flexibility and energy-saving effects.
Body and comfort systems: Provide power and control solutions for body electronics to improve driving comfort and convenience.
Electric vehicle charging piles: Provide efficient power conversion and management technology to support fast and safe electric vehicle charging.