Quarterly Investor Presentation Second Quarter 2023 1 PPuubblliicc IInnffoorrmmaattiioonn ©© oonnsseemmii 22002233 Safe Harbor Statement and Non-GAAP and Forecast Information ...

ON Semiconductor Corporation (NASDAQ:ON) Q2 2023 Earnings Conference Call July 31, 2023 9:00 AM ET Company Participants Parag Agarwal - VP, IR & Corporate Development Hassane El-Khoury - President & CEO Thad Trent - CFO Conference Call Participants Blake Friedman - Bank of America Harsh Kumar - Piper Sandler Gary Mobley - Wells Fargo Christopher Rolland - Susquehanna Joshua Buchalter - TD Cowen Quinn Bolton - Needham Timothy Arcuri - UBS William Stein - Truist Securities Operator Good day, and thank you for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (Commission File Number) 001-39317 ON SEMICONDUCTOR CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3840979 (State or other j ...

ON Semiconductor Corporation (NASDAQ:ON) Bank of America 2023 Global Technology Conference June 6, 2023 1:00 PM ET Company Participants Hassane El-Khoury - President and Chief Executive Officer Thad Trent - Executive Vice President and Chief Financial Officer Conference Call Participants Vivek Arya - Bank of America Vivek Arya Good morning, welcome back to the session. I am Vivek Arya, from the BofA Semiconductor and Semi-Cap Equipment team, really delighted and honored to have the team from ON Semi, Hassan ...

ON Semiconductor Corporation (NASDAQ:ON) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference Call May 23, 2023 3:55 PM ET Company Participants Hassane El-Khoury - President and Chief Executive Officer Thad Trent - Executive Vice President and Chief Financial Officer Conference Call Participants Harlan Sur - JPMorgan Chase & Co. Harlan Sur All right. Good afternoon, and welcome to the second day of JPMorgan's 51st Annual Technology, Media and Communications Conference. My name is H ...

ON Semiconductor Corporation (NASDAQ:ON) Q1 2023 Earnings Conference Call May 1, 2023 9:00 AM ET Company Participants Parag Agarwal - Vice President of Investor Relations & Corporate Development Hassane El-Khoury - President and Chief Executive Officer Thad Trent - Chief Financial Officer Conference Call Participants Ross Seymore - Deutsche Bank Vivek Arya - Bank of America Chris Danely - Citi Toshiya Hari - Goldman Sachs Harsh Kumar - Piper Sandler Raji Gill - Needham & Company Matt Ramsay - TD Cowen Chris ...

Quarterly Investor Presentation First Quarter 2023 1 PPuubblliicc IInnffoorrmmaattiioonn ©© oonnsseemmii 22002233 Safe Harbor Statement and Non-GAAP and Forecast Information ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (Commission File Number) 001-39317 ON SEMICONDUCTOR CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3840979 (State or other ...

ON Semiconductor Corporation Conference Call Summary Company Overview - **Company**: ON Semiconductor Corporation (NASDAQ: ON) - **Date**: March 7, 2023 - **Participants**: Hassane El-Khoury (President and CEO), Thad Trent (CFO), Joe Moore (Morgan Stanley) Industry Dynamics - **Automotive Market**: - Strong performance in the automotive sector driven by megatrends such as electrification and increased content growth in vehicles, particularly in Level 2+ autonomy and electric vehicles (EVs) [4][12] - Sustained strength in automotive is not tied to the Seasonally Adjusted Annual Rate (SAAR) but rather to the penetration of these trends into the general vehicle population [4] - **Consumer and Compute Markets**: - Notable softness observed since Q2 2022, leading to proactive management of utilization rates [4][5] - **Industrial Market**: - Softness noted in consumer-related industrial sectors, while core industrial segments like energy infrastructure and storage showed significant growth, ending the year with a 75% growth from 2021 [5] Strategic Business Decisions - **Exit Strategy**: - The company has exited $294 million in businesses with less sustainable profit pools, with a commitment to continue this strategy despite market conditions [6][8] - The exit strategy is market-dependent, with an acceleration in exiting certain businesses due to softness in consumer and compute markets [8][9] - **Long-term Supply Agreements (LTSA)**: - Over $16.5 billion in long-term supply agreements secured, providing visibility and stability in revenue [17][22] - These agreements allow for better capital investment decisions based on customer commitments over multiple years [19][20] Market Opportunities - **ADAS and Image Sensors**: - Growth in Advanced Driver Assistance Systems (ADAS) driven by increased vehicle content and camera usage, with expectations of doubling the number of cameras in vehicles over the next five years [31][32] - **Silicon Carbide (SiC)**: - The company is well-positioned in the SiC market, leveraging decades of expertise and investment in technology and packaging [34][36] - Anticipated revenue of $1 billion from SiC, with strong customer demand and successful qualifications with major automotive manufacturers [34][48] Financial Outlook - **Gross Margins**: - 2023 is viewed as a transition year with expected headwinds from SiC start-up expenses and the East Fishkill fab acquisition, but margins are projected to stabilize at or above corporate averages by year-end [57][58] - The company anticipates a gross margin range of 48% to 50% in the long term, with additional tailwinds from exiting subscale fabs and ramping new products [58] Key Takeaways - The automotive sector remains a stronghold for ON Semiconductor, with significant growth opportunities in ADAS and SiC technologies - The proactive management of business exits and inventory levels positions the company favorably for future growth - Long-term supply agreements provide a solid foundation for revenue stability and capital investment planning - The company is navigating current market softness while maintaining a focus on sustainable profit pools and margin improvement strategies

ON Semiconductor Corporation (NASDAQ:ON) Q4 2022 Earnings Conference Call February 6, 2023 9:00 AM ET Company Participants Parag Agarwal - Vice President of Investor Relations & Corporate Development Hassane El-Khoury - President & Chief Executive Officer Thad Trent - Chief Financial Officer Conference Call Participants Ross Seymore - Deutsche Bank Vivek Arya - Bank of America Christopher Danely - Citigroup Toshiya Hari - Goldman Sachs Harsh Kumar - Piper Sandler Christopher Caso - Credit Suisse Matthe ...