U.S. Chipmaker Onsemi Reaffirms Commitment to China as Demand Rises From EV Shift

ON Semiconductor Corp. (Onsemi) will continue to provide its most advanced technology to its automaker clients in China, which the U.S. chipmaker views not only as a lucrative market but also as an innovation hub, Chief Executive Officer Hassane El-Khoury said.

Staying focused on building “long-term relationships with Chinese customers” and introducing “the best products in China” are the two key decisions that helped Onsemi grow despite geopolitical uncertainties and supply chain disruptions caused by the Covid-19 pandemic, El-Khoury said during a recent interview with Caixin on the sidelines of the Beijing Auto Show.