US chipmaker ON Semiconductor releases 2024 financial report

US chipmaker ON Semiconductor released its financial report for 2024. The report shows that ON Semiconductor's revenue is US$7.08 billion, lower than US$8.25 billion in 2023; gross profit margin is 45.5%, lower than 47.1% in 2023; net profit is US$1.705 billion, lower than US$2.256 billion in 2023; diluted earnings per share is US$3.98, lower than US$5.16 in 2023.