ON Semiconductor (Nasdaq: ON)driving energy efficient innovations, today announced it is exploring a sale of its manufacturing facility in Oudenaarde, Belgium. The company will begin searching for strategic partners that are willing to enter into a mutually beneficial arrangement that the company expects will facilitate an orderly transition of products from its Oudenaarde facility to other facilities within the ON Semiconductor network.
The Oudenaarde facility is an automotive qualified facility which meets the IATF 16949: 2016 global industry standard for quality management. The company believes that the facility is an attractive semiconductor manufacturing asset for a number of reasons, including its highly skilled workforce with extensive experience managing a diverse array of technologies and its close proximity to the world’s leading automotive innovation and manufacturing hub. Currently, the 44.000 m 2 facility supports the company’s low, medium and high voltage analog CMOS and BCD technologies.
As part of its effort to promote an orderly transition for all parties involved, the company also plans to enter into a supply agreement under mutually agreeable terms.
PeakSpan Capital leads, joined by Vertex Ventures and Horizon Capital, as commercial and operations leaders…
New Sinamics G series creates a seamless platform for continuous-motion applications Security by Design helps…
See Samtec’s solutions in Hall B2, Booth 107 Samtec, Inc., the service leader in the…
Acquisition adds NeuReality's AI inference technology and world-class systems and silicon engineering team, compressing the…
The edgeRX Starter predictive maintenance (PdM) solution is now available at DigiKey.com DigiKey, the global…
The global distributor will also demo top products from Arduino, DFRobot, SparkFun and more DigiKey,…