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ON Semiconductor - About the company

ON Semiconductor is a public company based in Phoenix (United States), founded in 1999. It operates as a Manufacturer of power management, sensing, and connectivity solutions for diverse markets. ON Semiconductor has raised an undisclosed amount in funding. The company has 260 active competitors, including 33 funded and 51 that have exited. Its top competitors include companies like Marvell, Analog Devices and Infineon.

Company Details

Manufacturer of power management, sensing, and connectivity solutions for diverse markets. The company provides discrete and power modules, MOSFETs, IGBTs, and silicon carbide products. It offers solutions for automotive, industrial, computing, telecom, medical, aerospace, and defense sectors. The company also provides design tools, evaluation boards, technical documentation, and support services.
Social
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Phone Number
+1 **********
Registered Address
Phoenix, Arizona
Key Metrics
Founded Year
1999
Location
Phoenix, United States
Stage
Public
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
15,432 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

ON Semiconductor's IPO details

ON Semiconductor got listed on Apr 28, 2000.
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ON Semiconductor's funding and investors

ON Semiconductor has raised funding over 8 rounds. Its first funding round was on Sep 07, 2001. Its latest funding round was a Grant (prize money) round on Feb 19, 2023 for $*****. 1 investor participated in its latest round. ON Semiconductor has 8 institutional investors.

Here is the list of recent funding rounds of ON Semiconductor:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 19, 2023
2742420
Grant (prize money)
8053076
1196682
7673713
8247993
May 10, 2021
7470712
Post IPO
8846880
1632266
1410193
5094584
Jan 01, 2017
7774834
Grant (prize money)
9891793
1441168
3931089
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ON Semiconductor's founders and board of directors

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ON Semiconductor's employee count trend

ON Semiconductor has 15,432 employees as of May 26. Here is ON Semiconductor's employee count trend over the years:
Employee count trend for ON Semiconductor
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ON Semiconductor's Competitors and alternates

Top competitors of ON Semiconductor include Marvell, Analog Devices and Infineon. Here is the list of Top 10 competitors of ON Semiconductor, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Marvell
Marvell
1995, Santa Clara (United States), Public
Provider of a semiconductor and data-infrastructure company
-
77/100
2nd
Logo for Analog Devices
Analog Devices
1965, Wilmington (United States), Public
Manufacturer of mixed-signal and digital signal processing integrated circuit solutions
-
72/100
3rd
Logo for Infineon
Infineon
1999, Neubiberg (Germany), Public
Manufacturer of multiple analog and mixed signal ICs
-
69/100
4th
Logo for Microchip Technology
Microchip Technology
1989, Chandler (United States), Public
Manufacturer of semiconductors, microcontrollers, and integrated circuits for various applications
-
68/100
5th
Logo for Tsinghua Unigroup
Tsinghua Unigroup
1988, Beijing (China), Acquired
Semiconductor and electronics device manufacturer
$1.46B
 
68/100
6th
Logo for STMicroelectronics
STMicroelectronics
1987, Geneva (Switzerland), Public
Manufacturer of semiconductors and related components for various applications globally
-
67/100
7th
Developer of short-wave infrared sensing solutions for various applications
$96M
65/100
8th
Logo for Navitas
Navitas
2014, Dublin (Ireland), Public
Manufacturer of gallium nitride power ICs and silicon carbide devices
$49.6M
63/100
9th
Logo for ON Semiconductor
ON Semiconductor
1999, Phoenix (United States), Public
Manufacturer of power management, sensing, and connectivity solutions for diverse markets
-
63/100
10th
Logo for Renesas Electronics
Renesas Electronics
2002, Tokyo (Japan), Public
Manufacturer of semiconductor solutions for automotive, industrial, infrastructure, and IoT industries
-
63/100
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ON Semiconductor's Investments and acquisitions

ON Semiconductor has made 3 investments in companies including Hesai Technology and Fujitsu. ON Semiconductor has also acquired 10 companies including Synaptics and SWIR Vision Systems.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 25, 2026
Acquisition
1986
San Jose (United States)
Jul 02, 2024
Acquisition
2017
Durham (United States)
Aug 25, 2021
Acquisition
1994
Merrimack (United States)
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Reports related to ON Semiconductor

Here is the latest report on ON Semiconductor's geography:

News related to ON Semiconductor

lockFilter this list
Media has covered ON Semiconductor for a total of 92 events in the last 1 year, 55 of them have been about company updates and 7 about partnerships.
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