PHOENIX, Ariz. - July 21, 2015 - ON Semiconductor Corporation (Nasdaq: ON), driving energy efficient innovations, today announced it has been awarded a 2014 Total Cost of Ownership (TCOO™) Supplier Award from Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. Celestica's awards program recognizes suppliers that support Celestica's TCOO™ strategy and demonstrate excellence in quality, delivery, technology, service, pricing and flexibility.

'ON Semiconductor is proud to be recognized by Celestica,' said Jeff Thomson, vice president of Global Channel Sales at ON Semiconductor. 'Celestica is one of our highly influential electronics manufacturing services customers. Receiving the 'Best Semiconductor Partner Award' and the 'Best Sustainability Partner Award' from them serves as a testament to the success of ON Semiconductor's commitment to provide the electronics marketplace with a broad range of innovative, energy efficient semiconductor products that offer industry-leading levels of performance and technical reliability. The collaboration and support we receive in return from Celestica continues to enable us to maximize the effectiveness of our global supply chain network to better support our customers' operational and engineering goals.'

This marks the ninth year of Celestica's TCOO™ Supplier Awards program, which evaluates and recognizes the top performers in Celestica's global network of over 4,000 suppliers. Celestica's TCOO™ system is focused on evaluating supplier performance by measuring the total cost to produce, deliver and support products and services beyond the supplier invoice price. As such, it considers the following supplier attributes: quality, delivery, technology, service, pricing and flexibility.

'I am pleased to recognize ON Semiconductor as a two-time award winner in Celestica's 2014 TCOO™ Supplier Awards program,' said Paul Blom, chief procurement officer, Celestica. 'As the winner of the Best Sustainability Partner Award and the Best Semiconductor Partner Award, ON Semiconductor continues to demonstrate their ability to be a well-rounded supplier for Celestica, providing consistent, flexible and proactive support, while also demonstrating a commitment to sustainability and good corporate citizenship.'

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About ON Semiconductor
ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power and signal management, logic, standard and custom devices. The company's products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical and military/aerospace applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

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