Transcription of 2020 ON Semiconductor ANNUAL REPORT
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2020 ON Semiconductor ANNUAL REPORT
2020ON SemiconductorANNUAL REPORTL ettertoShareholdersWeareONSemiconductorO N Semiconductoris trustedby customersfor our abilityto help solvetheir haveamarket-leadingproductportfolioand systemsexpertise that enableus to provide customerswithcompellingsolutionsfor theirmostdemanding proudofour talented and motivatedworldwide teams,extensiveintellectual property,global saleschannel,strong customerrelationships,awidelyrecognized brandand afocuson automotiveand industrial,the fastestgrowing semiconductorend markets,we areexcited abouttheopportunitiesin front of us to maximizevalue for our shareholders,customersand will comefrom gross marginexpansionand maintainingabove-market revenue growth in ourstrategicmarkets,whilebeingopportunis ticin companyis focusedon maximizingfree cash flowtode-leverour balancesheetto remainaconsolidatorin the arenow working to streamlinethe organizationand reducecomplexitythroughoutthe focusourinv
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.
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