ON Semiconductor expansion talk

ON Semiconductor is weighing a bigger manufacturing footprint in the Philippines, according to Philippine officials after a Washington meeting with the company’s chief executive. (dof.gov.ph) The Philippine Department of Finance said Finance Secretary Frederick Go met onsemi President and Chief Executive Officer Hassane El-Khoury in Washington on April 14, 2026. The department said the company discussed expanding at existing Philippine sites through a brownfield strategy, which means adding capacity where factories already operate. (dof.gov.ph) BusinessWorld reported the plan on April 20, citing the same Department of Finance statement and saying onsemi has operated in the Philippines for 30 years with more than 6,000 employees. Local coverage said the company is focusing on current locations rather than announcing a new greenfield plant. (bworldonline.com) That matters because semiconductors are the small chips that manage power, memory, and sensing inside servers, cars, and industrial machines. onsemi told Philippine officials its local plants help supply “foundational power chips” used in hyperscale data centers, artificial intelligence infrastructure, and advanced storage systems. (businessmirror.com.ph) The Philippines is pitching that role as part of a broader supply-chain strategy, not a one-off factory deal. The Department of Finance said Go presented the country as a hub in the global semiconductor value chain and as a base for continued expansion by existing manufacturers. (dof.gov.ph) onsemi already has a sizable manufacturing network in the country. Reports and company materials say it runs a two-plant site in Carmona, Cavite, plus operations in Tarlac and Cebu and a shared-services center in Alabang, while the Carmona campus alone includes 490,000 square feet of clean-room space. (businessmirror.com.ph) (onsemi.com) The company’s Philippine operations handle probe, assembly, and test work, which are the back-end steps that check chips, package them, and prepare them for shipment. Malaya reported those sites support onsemi’s power and sensing products for automotive and industrial customers. (malaya.com.ph) The Philippine government has been signaling for months that more chip and electronics investors were in the pipeline. In February, Go said firms in semiconductors, electronics, and electric vehicles were discussing possible expansions in the country. (tribune.net.ph) No investment amount, hiring target, or construction timeline has been disclosed yet. For now, the clearest signal is that onsemi’s next move in the Philippines appears to be more capacity at sites it already knows how to run. (bworldonline.com)