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4-Traders Homepage  >  Equities  >  Nasdaq  >  ON Semiconductor Corp    ON

Delayed Quote. Delayed  - 08/26 10:00:00 pm
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ON Semiconductor Corp : Takahisa Amemiya to Lead Japan Sales and Marketing

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08/28/2013 | 07:09pm CEST

As President and Representative Director of ON Semiconductor Japan, Ltd., and Co-President and Representative Director of SANYO Semiconductor Device Co., Ltd., Amemiya plans to work in partnership with Japanese customers and distribution partners to help solve their design challenges

TOKYO, Japan - Aug. 28, 2013 - ON Semiconductor Corporation (Nasdaq: ONNN), driving innovation in energy efficiency, announced that Takahisa Amemiya has joined the company to manage and lead the sales and marketing operations in Japan as President and Representative Director of ON Semiconductor Japan, Ltd. and Co-President and Representative Director of SANYO Semiconductor Device Co., Ltd.

"Amemiya-san is a strong addition to ON Semiconductor and will be a valuable leader for our Japan sales and marketing organization," said Paul Rolls, executive vice president of Worldwide Sales and Marketing for ON Semiconductor. "We brought Amemiya-san on board to build a strong demand-creation sales and marketing organization focused on selling ON Semiconductor's broad portfolio of products into Japan, and growing our business at key Japanese customers and distribution partners."

Amemiya-san brings 25 years of semiconductor industry experience in sales, product line business unit (BU) management and field applications engineering (FAE) management to the position. Most recently he was Country Manager for Fairchild Semiconductor's Japan sales and marketing organization. Amemiya-san has also held sales, business unit and marketing positions at Texas Instruments (TI). At TI he successfully led a $600 million analog and logic business as a general manager and was a member of executive operating team for TI's Japan entity.

"Accelerating the upward growth of ON Semiconductor revenues in Japan will require demonstrating to customers the value-add provided by the company's broad range of energy efficient solutions, outstanding design support and customer service, and responsiveness of its global supply chain network," said Amemiya. "We will work in partnership with our customers to help them differentiate their products by solving their unique design challenges with our broad portfolio of product and innovative, energy efficient solutions that addresses a wide range of end-market applications."

ON Semiconductor - Japan
ON Semiconductor recently reported worldwide second quarter total revenues of $688.3 million. Of this, sales into Japan represented approximately 11 percent of total sales. Global sales by the company's SANYO Semiconductor Products Group, which is based in Japan, were $160.4 million, up 6 percent quarter-on-quarter.

ON Semiconductor offers more than 44,000 products and leading-edge system solutions. The company's focused end-markets within Japan include automotive, industrial, white goods, mobile, computing, communications, medical and other consumer products. Driving expanded adoption of ON Semiconductor system solutions, custom ASIC capabilities, mixed-signal, analog and industry-leading standard products into all electronics end-markets is a key part of the company's Japan customer support strategy.

The company has had operations based in Japan since 1999, when ON Semiconductor spun-off from Motorola Inc., and at that time took on manufacturing facilities within the country that dated back to the mid-1980s. Currently in Japan, ON Semiconductor has more than 2,000 employees. Among the company's Japan-based operations are a Tokyo sales office and a Solutions Engineering Center (SEC) dedicated to supporting customers' product development needs, two Design Centers located in Gunma and Gifu, primary business operations for the SANYO Semiconductor Product Group in Gunma, and both 5-inch and 6-inch wafer manufacturing facilities at its Niigata campus.

Customers can contact ON Semiconductor's sales team in Tokyo at 81-3-5817-1050. A listing of ON Semiconductor's Japan sales office and distribution partners can be found online via this LINK.

About ON Semiconductor
ON Semiconductor (Nasdaq: ONNN) is driving innovation in energy efficient electronics, empowering design engineers to reduce global energy use. The company offers a comprehensive portfolio of energy efficient power and signal management, logic, discrete and custom solutions to help customers solve their unique design challenges in automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power supply 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.

Follow @onsemi on Twitter.

# # #

ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its Web site in this news release, such information on the Web site is not to be incorporated herein.

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Financials ($)
Sales 2016 3 488 M
EBIT 2016 439 M
Net income 2016 178 M
Debt 2016 582 M
Yield 2016 -
P/E ratio 2016 28,25
P/E ratio 2017 16,70
EV / Sales 2016 1,48x
EV / Sales 2017 1,37x
Capitalization 4 584 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 12,5 $
Spread / Average Target 14%
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NameTitle
Keith D. Jackson President, Chief Executive Officer & Director
John Daniel McCranie Chairman
William A. Schromm Chief Operating Officer & Executive Vice President
Bernard Gutmann Chief Financial Officer, Treasurer & Executive VP
Johannes M. C. Stork Chief Technology Officer & Senior Vice President
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