onsemi Announces $1.95B In Supply Agreements With Solar Inverter Manufacturers
Portfolio Pulse from Bill Haddad
onsemi, a leading semiconductor solutions provider, has announced supply agreements worth $1.95 billion with solar inverter manufacturers. The deals are expected to boost the company's revenues and strengthen its position in the renewable energy market.
July 26, 2023 | 1:09 pm
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onsemi's new supply agreements with solar inverter manufacturers, worth $1.95 billion, are likely to increase its revenues and enhance its standing in the renewable energy sector.
The supply agreements, valued at $1.95 billion, represent a significant revenue opportunity for onsemi. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term. Additionally, the deals underscore onsemi's commitment to the renewable energy sector, which could further enhance its market reputation and investor appeal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100