DALLAS, Sept. 9, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring ON Semiconductor Corp. (Nasdaq:ONNN). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/ONNN
ON Semiconductor Corp. (ONNN) is a supplier of high performance silicon solutions for energy efficient electronics. The Company's broad portfolio of power and signal management, logic, discrete and custom devices helps customers efficiently solve their design challenges in automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications. ONNN operates a world-class, value-added supply chain and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions.
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In the report, the analyst notes:
"The energy-management chip maker last month reported its total revenues in the second quarter increased nearly 4% to $905.8 million quarter-over-quarter, a record quarterly result for the Company."
"For the third quarter of 2011, ONNN believes it is prepared to support higher growth if higher demand materializes. The Company anticipates revenues will be in the range of $895 million to $925 million in the current quarter based upon product booking trends, backlog levels and estimated turns levels."
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