PHOENIX, January 25, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that it signed a strategic agreement with German Volkswagen AG (VW) to provide modules and semiconductors that enable a complete electric vehicle (EV) traction inverter solution for VW’s next-generation platform family. The semiconductors are part of an overall system optimization and provide a solution that will support the front and rear traction inverters in the VW models.
In the latest trading session, ON Semiconductor Corp. (ON) closed at $70.08, marking a -1.02% move from the previous day.
PHOENIX, January 24, 2023--onsemi (Nasdaq: ON) will host its Financial Analyst Day on Tuesday, May 16, 2023 in New York City, NY. The event will feature presentations on the company’s strategy, direction, and financial outlook.