Company Directory - ON Semiconductor Corp
Company Details - ON Semiconductor Corp
ON Semiconductor Corp
WebsiteISIN: US6821891057
A technology company that manufactures semiconductor components, with a focus on energy-efficient solutions.
CCI Score
CCI Score: ON Semiconductor Corp
1.11
Latest Event
On Semiconductor Job Cuts Deeply Affect Worker Rights
On Semiconductor announced it will eliminate approximately 2,400 jobs in a 2025 restructuring plan, a move likely to destabilize labor relations and negatively impact worker rights.
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OBJECTOR
ON Semiconductor Corp is currently rated as an Objector.
Latest Events
- FEB252025
On Semiconductor announced it will eliminate approximately 2,400 jobs in a 2025 restructuring plan, a move likely to destabilize labor relations and negatively impact worker rights.
-60
Labor Relations and Human Rights Practices
April 4
The planned layoff of 2,400 jobs undermines worker stability and rights at a time when labor protections are crucial. This decision reflects a disregard for employee wellbeing and contributes to economic insecurity, aligning with practices that are harmful to marginalized workers.
On Semiconductor to Cut About 2,400 Jobs in Restructuring Plan
- MAR132024
onsemi released its detailed Human Rights Policy on March 13, 2024, outlining commitments to uphold international human rights standards, including non-discrimination, prohibition of forced labor, child labor prevention, and respect for labor rights as articulated in frameworks like the RBA Code of Conduct and the UN Global Compact.
+80
Labor Relations and Human Rights Practices
April 4
The published Human Rights Policy demonstrates onsemi's strong commitment to progressive labor practices and human rights. By explicitly committing to non-discrimination, prohibition of forced labor, child labor prevention, and ensuring safe working conditions, onsemi reinforces its ethical responsibility and support for worker rights, aligning positively with anti-fascist and progressive labor values.
- AUG252016
ON Semiconductor Corporation agreed to sell its Ignition IGBT business as part of a settlement with the FTC over concerns that its proposed $2.4 billion acquisition of Fairchild Semiconductor would substantially lessen competition in the market. The divestiture, which includes transferring design files, intellectual property, and customer relationships to Littelfuse, Inc., is intended to preserve competitive market conditions and protect consumers from higher prices and reduced innovation.
-60
Business Practices and Ethical Responsibility
April 4
The proposed acquisition would have reduced competition significantly by consolidating market power, potentially leading to higher prices and less innovation. This move reflects irresponsible business practices that can contribute to centralized economic power which, in turn, may enable authoritarian influences in the market.
+20
Economic and Structural Influence
April 4
The mandated divestiture, enforced by the FTC, is a corrective measure that helps maintain competitive market dynamics, thereby countering the risk of economic concentration that can facilitate authoritarian practices.
- SEP142007
ON Semiconductor Corporation released its Code of Business Conduct, which emphasizes strict adherence to ethical practices including a prohibition on making political contributions without prior approval. The document reinforces the company’s commitment to legal and ethical compliance with a clear mandate that no director or employee may use company resources for political purposes without oversight.
+15
Public and Political Behavior
April 4
The Code explicitly restricts political activities, ensuring that company resources are not misused for political contributions or lobbying without proper oversight. This measure supports transparency and helps prevent the corporation from becoming complicit in funneling resources toward potentially authoritarian political causes.
ON Semiconductor Corporation Code of Business Conduct - SEC.gov
+10
Business Practices and Ethical Responsibility
April 4
The document reinforces robust ethical business practices by mandating compliance training, adherence to legal standards, and a culture of integrity. These internal policies contribute to a transparent and accountable organizational framework which is essential to preventing corporate complicity in unethical practices.
ON Semiconductor Corporation Code of Business Conduct - SEC.gov
Alternatives
San Jose, United States
0.00
Corporation
-32.11
Dongguan, China
52.62
India
20.76
Tokyo, Japan
8.72
Hsinchu, Taiwan
4.35
Eindhoven, Netherlands
-1.43
San Jose, United States
-13.47
Corporation
40.55
Corporation
-23.08
Corporate Financials
- Revenue
- 2025
- $5.20B
- Total Assets
- 2025
- $10.00B
- Operating Income
- 2025
- $1.00B
- Total Equity
- 2025
- $4.00B
Employees: 18,000
Industries
- 334413
- Semiconductor and Related Device Manufacturing
- 334416
- Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
- 334417
- Electronic Connector Manufacturing
- 335999
- All Other Miscellaneous Electrical Equipment and Component Manufacturing
- 334415
- Electronic Capacitor Manufacturing