With a market cap of $20.6 billion, ON Semiconductor Corporation (ON), also known as onsemi, is a global semiconductor supplier headquartered in Scottsdale, Arizona. Established in 1999 as a spin-off from Motorola's Semiconductor Products Sector, it specializes in intelligent power and sensing technologies. The company serves diverse industries, including automotive, industrial, communications, computing, consumer electronics, medical, and military/aerospace sectors. The chip titan is poised to announce i ...