FORVIA HELLA to Aid in ON Semiconductor’s (ON) Automotive Ambitions

Core Insights - ON Semiconductor Corporation is recognized as one of the 10 most undervalued semiconductor stocks to invest in [1] - The company has extended its strategic partnership with automotive supplier FORVIA HELLA to incorporate its PowerTrench T10 MOSFET technology into advanced automotive platforms [1] Group 1: Partnership and Technology - The collaboration aims to address the increasing electrical demands of autonomous driving, safety systems, and electrification by leveraging FORVIA HELLA's automotive expertise and ON Semiconductor's intelligent power solutions [3] - FORVIA HELLA's Executive Vice President of Purchasing, Sven Hoenecke, emphasized that ON Semiconductor's next-generation MOSFETs are crucial for their advanced automotive platforms, providing future-proof solutions with enhanced efficiency and reliability [3] - The extended agreement reinforces a 25-year partnership between ON Semiconductor and FORVIA HELLA [3] Group 2: Product Features - ON Semiconductor's T10 power MOSFETs are designed to reduce system-level costs while increasing efficiency and power density for automotive applications [2] - These MOSFETs are produced at ON Semiconductor's facility in East Fishkill, New York, and feature ultra-low conduction and switching losses, delivering higher density in a compact design [2] - The technology reduces drain-to-source resistance and gate charge, which in turn lowers output capacitance [2] Group 3: Company Overview - ON Semiconductor Corporation provides intelligent sensing and power solutions and operates through three segments: Analog and Mixed-Signal Group, Power Solutions Group, and Intelligent Sensing Group [4] - The company is headquartered in Scottsdale, Arizona [4]