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ON Semiconductor expects to achieve net zero emissions by 2040

Published Time: 2022-12-19 10:33:02
ON Semiconductor Releases Sustainability Report: Achieve Net Zero Emissions by 2040.

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I ON Semiconductor has been promoting the concept of "taking a step towards zero emissions", and finally recently released a sustainable development report in order to advance sustainable development.

The report states that ON Semiconductor will achieve net zero emissions by 2040; The promotion of carbon neutrality to promote product strategy adjustments will enable ON Semiconductor to be the first to achieve carbon neutrality in 2040. Net zero commitments, sustainable income and energy efficiency are all inextricably linked. On the basis of the net zero emission plan, ON Semiconductor is further building a local intelligence and silicon carbide strategy.

 

II ON Semiconductor (Nasdaq: ON) is a premier supplier of high-performance silicon solutions for energy-efficient electronics.

A few days ago, ON Semiconductor's smart power products also won multiple honors in the "2022 Top 10 Power Product Awards" . In addition, ON Semiconductor has been rated as one of the most responsible companies in the United States for the fourth consecutive year, and has won many honors in the ASPENCORE Global Electronics Achievement Award and the Asian Golden Choice Award. ETHISPHERE also announced that ON Semiconductor has been selected as the World's Most Ethical Company in 2022 for the seventh consecutive year. On December 6, it was also reported that ON Semiconductor had once again been included in the "Investor's Business Daily" list of the top 100 best-performing ESG companies.

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III ON Semiconductor's new "core" products of high-performance image sensors are becoming more and more popular in the new era.  

In August of this year, the turnover of ON Semiconductor options increased by 5 times, and the intention was bearish. In September, the expansion of ON Semiconductors Czech plant was completed, and the SiC production capacity was increased by 16 times. At the same time, it also announced the closure of a sub-department, which is related to the Quantenna business. At the time, ON Semiconductor developed a high-end CMOS sensor for ARRI's ALEXA 35 camera. In October, ON Semiconductor launched three automotive power modules based on silicon carbide for on-board chargers.  In November, ON Semiconductor launched an inductive position sensor that can replace optical encoders. In terms of disruptive innovations in the industry, ON Semiconductor focuses on automotive and industrial terminals and has launched a two-in-one solution that provides both lighting and connectivity functions. In the future, ON Semiconductor plans to continue to increase silicon carbide, and use a fully vertically integrated silicon carbide ecosystem to help support the development of electric vehicles and increase factory production capacity.

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IV Renamed onsemi and successfully transformed into a Fab-Liter, ON Semiconductor can win the "sustainable development" track step by step without enabling sustainable ecology, focusing on intelligent power supply and sensing technology.

Even, "World Finance" magazine recognized ON Semiconductor as the most sustainable semiconductor company in 2022. It can be seen that it is not unreasonable for ON Semiconductor to record high performance for five consecutive quarters. The CEO of ON Semiconductor also said: In order to fulfill the promise of the new brand and a sustainable future, the road of transformation must follow the trend, and the forward-looking layout will stimulate the next round of high growth!


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