American power semiconductor manufacturer ON Semiconductor plans to establish a Greater China region and invest $50 million in China over the next three years.

WealthCoffee · 2026-03-31T10:36:22+00:00

ON Semiconductor strengthens its presence in China amid the global semiconductor supply chain restructuring, announcing the establishment of a China regional headquarters, appointing a General Manager, and planning to invest $50 million over three years in R&D and local ecosystem development, emphasizing that China is a key source of innovation.

WealthCoffee

2026-03-31 10:36:22

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**【Caixin Global】**Against the backdrop of the global semiconductor supply chain accelerating its restructuring, Onsemi (Nasdaq: ON), a U.S. power semiconductor manufacturer, is strengthening its presence in China. On March 31, Onsemi unveiled its China strategy in Shanghai, announcing that Shanghai will serve as the headquarters for Greater China, and plans to appoint a China general manager to enhance local decision-making and innovation capabilities. Onsemi also announced that over the next three years, it will invest approximately $50 million in China for research and development, manufacturing collaboration, and the development of a local ecosystem.

At the press conference, Onsemi President and CEO Hassane El-Khoury emphasized that China is not only an important market but is gradually becoming a key source of global innovation. “Our China strategy is not just about manufacturing. Manufacturing without innovation is meaningless. The core is how we create solutions together with our customers and bring these innovations to the world,” he said.

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