ON Semi Renames Image Sensor Group, Reports Q2 Results

ON Semi renames Image Sensor Group to "Intelligent Sensing Group," suggesting that other businesses might be added to it in search for a revenue growth:

The company reports:

"During the second quarter, we saw strong demand for our image sensors for ADAS applications. Out traction in ADAS image sensors continues to accelerate. With a complete line of image sensors, including 1, 2, and 8 Megapixels, we are the only provider of complete range of pixel densities on a single platform for next generation ADAS and autonomous driving applications. We believe that a complete line of image sensors on a single platform provides us with significant competitive advantage, and we continue working to extend our technology lead over our competitors.

As we have indicated earlier, according to independent research firms, ON Semiconductor is the leader in image sensors for industrial applications. We continue to leverage our expertise in automotive market to address most demanding applications in industrial and machine vision markets. Both of these markets are driven by artificial intelligence and face similar challenges, such as low light conditions, high dynamic range and harsh operating environment."

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