# ON Semiconductor secures $1.95 billion in long-term supply orders

ON Semiconductor has locked in long-term supply agreements totaling US$1.95 billion to provide smart power technology to multiple leading photovoltaic inverter manufacturers, including 8 of the top 10 suppliers.

- Type: Contract
- Announced: 2023-07-25
- Value: $1.95B
- Status: announced
- Products: smart power technology for photovoltaic inverters
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ON Semiconductor](https://endata.com/companies/15226.md)

## Sources

- [sensor360.org](https://www.sensor360.org/news/detail/237701), 2023-07-25: "ON Semiconductor has locked in a long-term supply agreement (LTSA) totaling US$1.95 billion to provide smart power technology to a number of leading photovoltaic inverter manufacturers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.