On Semiconductor Corporation (NASDAQ: ON), founded in 1999 and headquartered in Scottsdale, Arizona, USA, is a leading supplier of high-performance silicon solutions for energy-efficient electronic products. The company, with its subsidiaries, is engaged in the business of driving innovation in energy-efficient electronics.ON Semiconductor's product portfolio includes power and signal management, logic, discrete, and custom devices. These products help customers address unique design challenges across various applications such as automotive, communications, computing, consumer electronics, industrial, LED lighting, medical, military/aerospace, and power supplies. The company designs, manufactures, and sells advanced electronic systems and a wide range of semiconductor components to meet the needs of diverse design combinations.