ON Semiconductor Corp. (ON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ON Semiconductor Corp. (ON) closed at $73.67 in the latest trading session, marking a -0.01% move from the prior day.
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.