ON Semiconductor Corp
ONCompany Overview
ON Semiconductor Corp. engages in the provision of power and sensing solutions, and technologies for electrification of the automotive industry. It operates through the following segments: Power Solutions Group (PSG), Advanced Solutions Group (ASG), and Intelligent Sensing Group (ISG). The PSG segment offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The ASG segment designs and develops analog, mixed-signal, advanced logic, application specific standard products, and application specific integrated circuits, radio frequency, and integrated power solutions. The ISG segment includes the design and development of complementary metal oxide semiconductor image sensors, image signal processors, single photon detectors, including silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image. The company was founded on July 4, 1999 and is headquartered in Scottsdale, AZ.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Name | ON Semiconductor Corp |
| Ticker | ON |
| Main Business | Semiconductors |
| Type | Common Stock |
| Industry | Semiconductors |
| Country | US |
| Market Cap | $35.57 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Power Solutions Group (PSG) | $4,210.0 | $0.0 | - |
| Analog Solutions Group (ASG) | $2,840.0 | $0.0 | - |
| Intelligent Sensing Group (ISG) | $1,280.0 | $0.0 | - |
| Interest income | $15.5 | $15.5 | - |
| Total | $8,345.5 | $15.5 | 0.19% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $794,800,000.0 | 2.23% |
| long term debt and capital lease obligation | $2,570,000,000.0 | 7.23% |
| Total Interest-Bearing Debt | $3,364,800,000.0 | 9.46% |
| Market Capitalization | $35,567,074,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |