ON Semiconductor Company (NASDAQ:ON) Deutsche Financial institution 2025 Know-how Convention August 28, 2025 1:15 PM ET
Firm Individuals
Hassane S. El-Khoury – President, CEO & Director
Thad Trent – Government VP, CFO, Treasurer & Principal Accounting Officer
Convention Name Individuals
Ross Clark Seymore – Deutsche Financial institution AG, Analysis Division
Ross Clark Seymore
All proper, all people. We’ll get began with the subsequent fireplace chat. We’ve each the CEO, Hassane El-Khoury and Thad Trent from onsemi, the CFO. And so guys, thanks very a lot for coming right down to Dana Level. Why do not we begin with simply sort of a lay of the land cyclically and the place we’re. You guys have been, comparatively talking, extra cautious on the slope of the restoration — properly, the size of the downturn and the slope of the restoration, and that is confirmed to be clever as a result of we have had many firms information for an enchancment after which need to backtrack on that during the last almost 18 months. In order we stand as we speak, it seems like issues are getting slightly bit higher and possibly the query is on the slope. So how are you guys feeling about your online business as we speak?
Query-and-Reply Session
Hassane S. El-Khoury
Look, it is — I believe the reply is I’ve to provide it in relative phrases. Once I talked about the previous few quarters, we’re seeing indicators of stabilization. I take that as a constructive stabilization from the place the enterprise — the enterprise was previous to that. So stabilization is a constructive. We’re nonetheless seeing it that method. You possibly can speak about visibility is barely higher. we nonetheless have turns into the quarter. But when you concentrate on the place we’re as we speak from the identical time the place we had been final quarter, we’d like much less turns. So on a relative foundation, I believe you may speak about that being an enchancment.
