ON Semiconductor Corp (NAS:ON)
$ 69.81 -4.14 (-5.6%) Market Cap: 29.72 Bil Enterprise Value: 32.08 Bil PE Ratio: 17.32 PB Ratio: 3.46 GF Score: 91/100

ON Semiconductor Corp at Nasdaq Investor Conference Transcript

Dec 06, 2022 / 08:30AM GMT
Release Date Price: $69.74 (-2.56%)
Joseph Lawrence Moore
Morgan Stanley, Research Division - Executive Director

Excuse me, everyone. I'd like to get started if we could. Thank you so much.

So welcome back. I'm Joe Moore. Very happy to have with us today the management team from ON Semiconductor, including Hassane El-Khoury; and -- CEO; and Thad Trent, CFO. And really excited to have you guys here. You really touch a lot of the key debates that we're dealing with right now across semis. So thanks for coming.

Maybe we could start off with just a general commentary on the environment. You guys have talked about strength in autos, maybe pockets of weakness elsewhere. How durable do you see those trends looking forward?

Hassane S. El;Khoury
ON Semiconductor Corporation - President, CEO & Director

Yes. Look, as a general comment on the market, as you mentioned, the automotive strength is coming from a very sustainable mega trend, which is electrification of vehicles that we see as sustainable through, call it, the next decade as more and more OEMs introduce

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