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FORVIA HELLA to Aid in ON Semiconductor’s (ON) Automotive Ambitions

ON Semiconductor Corporation (NASDAQ:ON) is one of the 10 Most Undervalued Semiconductor Stocks to Invest in. On December 11, ON Semiconductor Corporation (NASDAQ:ON) announced that it was extending its longstanding strategic partnership with the automotive supplier FORVIA HELLA. Across its advanced automotive platforms, FORVIA HELLA will incorporate ON Semiconductor’s PowerTrench T10 MOSFET technology under the new agreement.

The T10 power MOSFETs are designed to reduce system-level costs for automotive applications while increasing efficiency and power density. They are produced at ON Semiconductor’s state-of-the-art facility based in East Fishkill, New York. With ultra-low conduction and switching losses, ON’s T10 power MOSFETs deliver higher density while maintaining a compact design. By reducing both drain-to-source resistance and gate charge, the shielded-gate power trench MOSFET technology also lowers output capacitance.

The companies intend to address the increasing electrical demands of autonomous driving, safety systems, and electrification by combining FORVIA HELLA’s expertise in automotive systems with ON Semiconductor’s intelligent power solutions.

Executive Vice President of Purchasing at FORVIA HELLA, Sven Hoenecke, pointed out the impact of this collaboration by saying:

“Onsemi’s next-generation MOSFETs are a key enabler for our advanced automotive platforms. This collaboration allows us to offer our customers future-proof solutions with greater efficiency and reliability.”

Group President of Onsemi’s Power Solutions Group, Simon Keeton, highlighted that the extended agreement reinforces ON’s 25-year partnership with FORVIA HELLA.

ON Semiconductor Corporation (NASDAQ: ON) provides intelligent sensing and power solutions. The company operates through the Analog and Mixed-Signal Group, Power Solutions Group, and Intelligent Sensing Group segments. ON Semiconductor is based in Scottsdale, Arizona.

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Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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