Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
ON Semiconductor is a semiconductor supplier company, formerly in the Fortune 500, but dropping into the Fortune 1000 in 2020. Products include power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedIn 2019, the American chip manufacturer ON Semiconductor bought Quantenna Communications for $1 billion, and since this year, the legal entity of the new owner - ON Semiconductor Connectivity Solutions, Inc. - has been a 100-percent founder of the Russian "Quantenna Communications".
Received revenues in Russia in 2021-2022, there is no any official announcement. ON Semiconductor's annual report on Form 10-K filed with the US Securities and Exchange Commission (SEC) indicates that in September 2022 the company decided to completely wind down the division represented by the legacy of Quantenna Communications. As part of this plan, in October 2022, the work of the design center in Russia, as well as in Australia, was terminated, the document says. Companies whose components have been found inside the Shahed-136. High speed CMOS octal bus buffer manufactured by ON Semiconductor. 27.02.2024: The legal entity QUANTENNA COMMUNICATIONS was liquidated.
| July 04, 2023 | Terror in the Details: Western-made Components in Russia's Shahed-136 Attacks |
| ON Semiconductor Connectivity Solutions (earlier Quantenna Communications) |