Onsemi's Strategic Transformation in High-Growth Markets: Focus on EVs and Industrial Automation

Tuesday, 17 September 2024, 13:04

Onsemi's strategic transformation is essential for navigating industry challenges. Under CEO Hassane El-Khoury, the company emphasizes high-growth markets like EVs and industrial automation, aiming for sustainability and innovation.
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Onsemi's Strategic Transformation in High-Growth Markets: Focus on EVs and Industrial Automation

Onsemi's Strategic Focus on Industry Transformation

Onsemi is making waves in the semiconductor space by focusing on crucial areas such as electric vehicles (EVs) and industrial automation under the leadership of CEO Hassane El-Khoury. This strategic transformation is essential for the company to navigate the current industry challenges and capitalize on high-growth opportunities.

Key Areas of Transformation

  • Electrification: The rise of EVs presents a substantial market opportunity for Onsemi.
  • Industrial Automation: Enhancing manufacturing processes with advanced semiconductors.
  • Sustainability Initiatives: Aligning goals with global sustainability efforts.

Market Outlook

The semiconductor industry faces significant challenges, but Onsemi's focused approach may well position it as a leader in the transition towards sustainable technologies. By staying ahead of trends like electrification and automation, Onsemi is paving the way for future growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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