ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, today announced it has been awarded a 2016 Total Cost of Ownership (TCOO™) Supplier Award from Celestica, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies. Celestica’s awards program recognizes suppliers that provide the best TCOO™ performance to Celestica and support the company’s overall business objectives.

“ON Semiconductor is proud to be recognized by Celestica for each of the 10 years since the program’s inception,” said Mike Kenyon, senior director, design manufacturing services (DMSI) sales at ON Semiconductor. “In additional to an extensive array of products and solutions, ON Semiconductor is committed to providing unmatched support for customers and partners. Celestica’s steadfast collaboration and support enables us to maximize the effectiveness of our global supply chain for solving customers’ operational and engineering challenges.”

Celestica’s TCOO Supplier Awards program evaluates and recognizes the top performers in Celestica’s global network of over 4,000 suppliers. Celestica’s TCOO system is focused on evaluating supplier performance by measuring the total cost to produce, deliver, and support products and services beyond the supplier invoice price. As such, it considers the following supplier attributes: quality, delivery, price, flexibility, innovation and technology.

“Congratulations to ON Semiconductor for being recognized as the ‘Best Semiconductor Partner’ in Celestica’s supplier awards program,” said Paul Blom, Chief Procurement Officer, Celestica. “ON Semiconductor consistently delivers exceptional product support and innovation, and provides Celestica outstanding flexibility and reliability in support of our customers.”

About ON Semiconductor

ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient, power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company’s products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

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ON Semiconductor and the ON Semiconductor logo are registered trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the company references its website in this news release, information on the website is not to be incorporated herein.

ON SemiconductorSarah Rockey, 602-244-5910Corporate Public Relationssarah.rockey@onsemi.comorParag Agarwal, 602-244-3437Vice President Investor Relations and Corporate Developmentparag.agarwal@onsemi.com

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