onsemi - Via Ritzau

onsemi announced on July 7, 2026, the signing of agreements to divest two manufacturing facilities, a key component of its Fab Right strategy. This initiative aims to optimize the company's global man... Read original →

onsemi’s divestiture of its Tarlac and Mountain Top fabs isn’t just about $35M in savings—it’s a strategic pivot toward asset-light manufacturing. Technically, Greatek (Taiwan, China) gains leverage in power device packaging, while Silex accelerates EU-based MEMS supply for automotive sensors. Regulatory friction—especially the delayed Mountain Top closure until 2028—signals heightened CFIUS scrutiny over U.S. fab transfers. Competitors like Infineon and TSMC may poach onsemi’s industrial and automotive clients with aggressive pricing. Over the next 12–24 months, expect more IDMs to offload mature-node assets, turning Southeast Asia and Taiwan, China into critical nodes for Western semiconductor de-risking strategies.