onsemi's Divestitures Strengthen Fab Right Strategy: Here's How

Impact · against what's priced in

onsemi is marginally positive as it optimizes its manufacturing footprint through the divestiture of two facilities, targeting $35 million in annual cost savings by 2028. The move strengthens the company's shift toward higher-margin AI and automotive segments through improved operational efficiency.

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The divestiture of facilities in the Philippines and Pennsylvania is expected to generate $35 million in annual cost savings by 2028 and better align production with high-margin AI and automotive markets.

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• ai
• semiconductors
• ON
• cost savings
• divestiture
• fab
• manufacturing
• supply chain

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