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Daily Digest

Onsemi to sell two chipmaking plants

Published Tuesday, July 7, 2026 · Updated July 7

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Narrative Spectrum

Convergent Narrative · 0
  • Single-Source Coverage1 source

What We Know — Key Points

  • Onsemi will sell its facility in Tarlac, Philippines, to Taiwanese chip firm Greatek Electronics.

What Is Claimed — Perspectives

Single-Source Coverage
  • Channel News Asia

    Chipmaker Onsemi announced it will sell two manufacturing facilities, one in the Philippines and one in Pennsylvania, as part of a strategy to cut costs and boost profit margins. The sales are expected to save the company around $35 million annually.

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