ON Semiconductor Announces Latest Quarterly Results and Signs Multi-Year Agreement with Volkswagen
Volkswagen
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ON Semiconductor
2024-08-01 16:30
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ON Semiconductor achieved revenue of $1.7352 billion in the second quarter of 2024, of which the revenue of the Power Solutions Division, Analog & Mixed Signal Division, and Smart Sensing Division were $835 million, $648 million, and $252 million, respectively. The company recently signed a multi-year agreement with Volkswagen Group to provide it with power box solutions based on silicon carbide technology.
