<div class="figure-img" data-ke-type="image" data-ke-style="alignCenter" data-ke-mobilestyle="widthOrigin"><img src="https://t1.daumcdn.net/cafeattach/1GfpH/6f6e445f7ed0e99fdaffb2c2e7b64e93a6796ac7" class="txc-image" data-img-src="https://t1.daumcdn.net/cafeattach/1GfpH/6f6e445f7ed0e99fdaffb2c2e7b64e93a6796ac7" data-origin-width="64" data-origin-height="64"></div><p>Morningstar<span>•</span>January 06, 2023</p><p>ON Semiconductor Corporation: Onsemi's Pivot Toward Value Progressing in Q3 Despite Pockets of Weakness; Maintain $74 FVE</p><p>Symbols</p><p><a style="color: #000000;" href="https://finance.yahoo.com/quote/ON?p=ON" target="_top" class="ke-link">ON</a></p><p>Sector(s)</p><p>Technology</p><p>Rating</p><p> </p><p>Current Price</p><p>$59.74</p><p>Fair Value</p><p> </p><p>Economic Moat</p><p> </p><p>Stewardship</p><p>Summary</p><p>Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.</p>
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