Tuesday, February 06, 2018

ON Semi Reports Q4 2017 Results

ON Semi updates on its image sensor business in the quarterly report:

"Our momentum in ADAS market continues to accelerate with strong demand for our 1 Megapixel and 2 Megapixel image sensors. We recently launched an 8 Megapixel image sensor for ADAS, and with this launch we are the only provider of complete line of 1, 2 and 8 megapixel image sensors on a single platform for next generation ADAS and autonomous driving systems. A complete line of image sensors on a single platform reduces qualification time, lowers cost for our customers, and enables our customers to seamlessly port their algorithms across our product line. We believe that our complete line of image sensors on a single platform provides us with a significant competitive advantage and further extends our technology lead over our competitors.

A superior product portfolio complemented by a large installed base, deep and long term relationships with leading ADAS and autonomous driving processor companies, our leading edge technology including self-correcting sensors with on-board cyber security and functional safety, and a strong application support has helped us strengthen our position within the ADAS and autonomous driving ecosystem. Based on inputs from our ecosystem partners, we believe that we are now the lead imaging partner for all ADAS platform providers. We further solidified our presence in the ADAS and autonomous driving eco-system with our recently announced partnership with Baidu. We were recently selected by Baidu as the sole supplier of image sensors for its Apollo autonomous driving platform.

We broke a record of shipments with our Python line of image sensors in 2017 and we are in the process of launching a new platform of products to address a wider swath of the industrial market. The new machine vision product platform will bring unprecedented levels of image quality, speed, pixel technology and price to the fast growing machine vision industry. We continue to develop synergies with our expertise in the automotive imaging market to accelerate our growth in the machine vision market as both these markets are driven by artificial intelligence and face similar challenges, such as low light conditions, dynamic range and harsh operating environment.

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