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.

While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT:  Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To.

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