On March 31, 2026, Onsemi announced the release of its China strategy, designating Shanghai as its Greater China headquarters and planning to appoint a General Manager for China who will also serve as the Head of System Engineering, aiming to strengthen local leadership and decision-making efficiency. The strategy focuses on 'Designed in China, Manufactured in China, Deeply Rooted Locally, and Going Global,' with the addition of three joint application laboratories on the R&D side to promote the localization of AI power applications; on the manufacturing side, resources will be integrated with a plan to achieve a 50% localization rate for the Bill of Materials (BOM).
