onsemi News
11 articles
Weebit Nano (ASX:WBT): Valuation in Focus After Key ReRAM Technology Milestone at onsemi’s New York Fab
Weebit Nano has announced a significant milestone with the successful tape-out of test chips using its embedded ReRAM module at onsemis 300mm fab in New York. This achievement marks a step towards commercialization and has contributed to a 65% increase in the companys share price over the past month. The company has also formed industry partnerships and provided operational updates, leading to a one-year total shareholder return of 114%. Despite a high price-to-book ratio of 9.9x, which is above the industry average, the market remains optimistic about Weebit Nanos growth potential and proprietary technology pipeline. However, any setbacks in technology rollout or slower revenue growth could affect investor sentiment.
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Weebit Nano tapes out embedded ReRAM test chips at onsemi production fab
Weebit Nano Ltd, a developer of advanced semiconductor memory technologies, has successfully released test chips featuring its embedded Resistive Random-Access Memory (ReRAM) module at onsemi’s 300mm production fab. This marks a significant milestone in their collaboration with onsemi, a U.S.-based company specializing in intelligent power and sensing solutions. The chips are developed using onsemi’s Treo platform, a 65nm BCD process, and are set for final testing and qualification before anticipated volume production. The collaboration aims to integrate Weebit’s ReRAM technology into onsemi’s next-generation products, offering ultra-low-power, high-density non-volatile memory solutions.
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Stocks Decline on Weakness in Tech Stocks and Sticky Inflation Pressures
The article provides instructions on how to customize chart settings for a more personalized data analysis experience. It explains how users can save their preferred chart setup as a template and switch the market flag to access data specific to their country. Additionally, it offers guidance on accessing more chart options through the interactive chart menu and navigating through symbols using keyboard arrows. The article does not mention any specific company, investment, acquisition, or other business-related events.
Stocks to watch next week: BP, Diageo, Disney, Uber and WPP
BP is set to release its second-quarter results amid declining oil and gas prices, with analysts expecting earnings of $1.35 per share and $60 billion in revenue. The company is under pressure due to weak cash flow, rising net debt, and challenges in its transition to cleaner energy sources. Activist investor Elliott has raised concerns over BPs performance, particularly its lagging shareholder returns. Analysts predict a pre-tax profit of $4.6 billion, up from $4.2 billion in Q1, but still below past levels. BPs cash flow and net debt, forecasted to be $24.9 billion by Q1 2025, remain key issues.
Stocks Supported by Chip Stock Strength and Trade News
The article provides instructions on how to customize chart settings for market data analysis. It explains how users can save their preferred chart setup as a template and switch market flags to access targeted data from different countries. Additionally, the article offers guidance on accessing more chart options through an interactive menu and navigating through symbols using keyboard arrows. The focus is on enhancing user experience in data visualization and analysis.
ON Semiconductor’s CEO Blames ‘Outlier’ Customer for Slashed Forecast That Hit Stock
ON Semiconductor Corp. has blamed a single North American auto-industry customer for a disappointing fourth-quarter forecast that led to a significant drop in the companys stock. The companys stock plunged by as much as 21% after it projected earnings per share for the quarter to be lower than Wall Streets consensus. The CEO, Hassane El-Khoury, declined to identify the customer but stated that the reaction does not reflect the long-term view of the business.
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Indie Semiconductor, Inc. acquired ON Design Israel Ltd. for $20 million. MarketScreener
indie Semiconductor, Inc. acquired ON Design Israel Ltd for $20 million. The acquisition is expected to have a positive impact on the companys growth. indie Semiconductor paid $4.974 million in cash at closing, with an additional $7.5 million to be paid in 2022 and up to $7.5 million based on design win performance. ON Design Israel was renamed to indie Semiconductor Design Israel Ltd after the acquisition. OMelveny & Myers LLP served as the legal advisor to indie Semiconductor, Inc.
Acquisition
ON Semiconductor Positioning Itself As A Leader In Self-Driving Car Technologies
The article discusses ON Semiconductor Corps involvement in the self-driving car industry. The company manufactures sensors such as LiDAR, radar, and cameras that are essential for self-driving technology. ON Semiconductor is the only manufacturer that produces all three types of sensors. The article also mentions the companys acquisition of SensL Technologies, a company that designs LiDAR chips for self-driving applications. ON Semiconductor has partnerships with Intel, NVIDIA, and Baidu, but its involvement with Googles Waymo is not publicly disclosed. Overall, the article highlights ON Semiconductors role as a key player in the self-driving car industry and its potential for growth.
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ON Semiconductor Collaborates With Optimal Plus for Data Analytic-Driven Visibility into Manufacturing Operations
ON Semiconductor is collaborating with Optimal Plus to gather, analyze, and build actionable insights out of the companys manufacturing data. This collaboration will connect ON Semiconductors global manufacturing footprint as demand continues to grow for their complementary metal oxide semiconductor (CMOS) and charge-coupled device (CCD) image sensors. The goal is to enable the shift from detect to predict and eventually prevent. ON Semiconductor is deploying Optimal Plus solutions to provide increased visibility into their manufacturing processes and lower their Defective Parts Per Million (DPPM) rates. The collaboration aims to enhance capital efficiency, yield enhancements, and quality improvements.
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ON Semiconductor Acquires Israeli Radar Technology for Automotive Sensing - Israel Electronics News
The article discusses the data collection practices of Techtime, a company that collects personal data for business purposes such as enhancing user experience and digital marketing. The company collects personal data through various forms on its website and uses Mailchimp for email collection and marketing materials. Techtime also uses various cloud platforms and third-party providers for website operation. The article emphasizes that Techtime complies with GDPR requirements and takes measures to protect data privacy. The company does not share or sell data for commercial purposes. Users have rights over their data and can request access, erasure, or anonymization. The article also mentions the use of Google Analytics and Facebook for advertising purposes. Overall, the article focuses on Techtimes data collection practices and privacy measures.
ON Semiconductor to use Ceva platform for ADAS
ON Semiconductor has licensed Cevas imaging and vision platform for its automotive advanced driver assistance product lines. The licensing will allow ON Semiconductor to enhance their future products with new image processing capabilities and incorporate embedded intelligence and machine learning into their ADAS roadmap. The role of intelligent vision processors in automotive safety systems is predicted to grow rapidly, with market research firm Strategy Analytics forecasting almost 200 million units of automotive camera demand in 2023. Additionally, Ceva has announced that Altek Corporation has licensed its imaging and vision DSP to enhance their imaging solutions and dual camera technologies for smartphones, ADAS, AR/VR, drones, and other smart camera devices.
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