https://www.businesswire.com/news/home/20180729005020/en/

PHOENIX--(BUSINESS WIRE)--Jul 29, 2018--ON Semiconductor Corporation (Nasdaq: ON ) today announced that total revenue in second quarter of 2018 was $1,455.9 million, up approximately 9 percent compared to GAAP revenue in second quarter of 2017. Second quarter 2018 revenue was up approximately 6 percent as compared to revenue in first quarter of 2018.

"We delivered strong results in the second quarter. Demand for our products continues to accelerate as customers are increasingly relying on us to provide key technologies for newly emerging applications in automotive and industrial markets. With a pipeline of new products and strengthening customer engagement, we are well positioned to benefit from disruptive trends in our markets," said Keith Jackson, president and CEO of ON Semiconductor. "Along with strong revenue growth, we continue to deliver robust margin expansion, which points to strong leverage in our operating model."