09.11.2006 19:00:00
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ON Semiconductor Opens Development Center in the Slovak Republic
ON Semiconductor (Nasdaq: ONNN), a leading global supplier of power management solutions, today officially opened the doors of its newly established product development center in Bratislava, Slovakia. Keith Jackson, president and CEO of ON Semiconductor, presided over today’s grand opening ceremony. Mr. Jackson was accompanied by Dr. Peter Zdebel, the company’s senior vice president and chief technology officer, and Andy Williams, senior vice president and general manager of ON Semiconductor’s Automotive and Power Regulation Group. The new development center – located in downtown Bratislava - will focus primarily on designing integrated circuit (IC) products for power management and automotive application solutions. Currently, the center has a staff of 15 engineers, with plans to expand staffing to 30 in the near future. Among the products to be developed at the Bratislava Development Center are linear voltage regulator and dc-dc switching regulator products that deliver world-class power conversion efficiency. "Because the center is focused on power management and automotive ICs, it is in a position to create strong links between the local economy, the centers of automotive system development in Europe, and portable consumer electronics in Asia and North America,” said Mr. Jackson. "Establishing a product development center in Bratislava fits well into ON Semiconductor’s long-term business strategies. It is also further proof of our commitment to supporting and expanding business in Europe and throughout the world.” ON Semiconductor has a longstanding business history in Central Europe. The company owns and operates a wafer fabrication facility, and a customer service and logistics center in Piestany, Slovakia. It also operates another silicon production facility, a wafer fabrication plant, and a product development center in Roznov pod Radhostem, Czech Republic. For the past six years, the ON Semiconductor Microelectronics Center at the Slovak University of Technology (ONMiST) in Bratislava has successfully worked with professors and students on longer-term projects in the fields of design, characterization and technology modeling. Marian Balaz, manager of ONMiST for ON Semiconductor, has directed these cooperative projects. Professor Daniel Donoval, Head of the Department of Microelectronics, has been the principal project advisor at the Slovak University of Technology. More than two dozen students have participated in the program. Most of these students have graduated from the university and are now employed by ON Semiconductor. "The ONMiST program was such a success that it was time to expand it into a full-fledged development center here in Bratislava,” said Mr. Jackson. "The quality and technical talent of the people who work for us here in Slovakia - in our Piestany facility, at ONMiST and in the new Bratislava Development Center - is nothing short of superb. We feel privileged to be doing business here and we look forward to expanding our relationship and growing our business in Slovakia.” ONMiST will physically be moved into the new Bratislava Development Center. The premises at the University - formerly occupied by ONMiST - will be utilized in the future for extended research and development in the field of information technology. "The new development center in Bratislava complements ON Semiconductor’s operations here in Central Europe by providing additional resources to the region,” said Mr. Balaz, now manager of ON Semiconductor’s Bratislava Development Center. "The products developed here will primarily be produced in one of the company’s two wafer fabs in the region.” About ON Semiconductor With its global logistics network and strong portfolio of power semiconductor devices, ON Semiconductor is a preferred supplier of power solutions to engineers, purchasing professionals, distributors and contract manufacturers in the computer, cell phone, portable devices, automotive and industrial markets. For more information, please visit ON Semiconductor’s website at http://www.onsemi.com. ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its Web site in this news release, such information on the Web site is not to be incorporated herein.
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