onsemi Advances Fab Right Strategy with Agreements to Divest Two Manufacturing Facilities

SCOTTSDALE, Ariz., July 07, 2026 (GLOBE NEWSWIRE) — onsemi (Nasdaq: ON) today announced it has entered into definitive agreements to divest two manufacturing facilities. These planned divestitures are part of onsemi’s ongoing initiative to improve companywide manufacturing cost structure to drive sustained gross margin expansion as part of its Fab Right strategy. onsemi’s Fab Right […]