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Tech Stocks Indications! ON Semiconductor Corp (ON), Corning Incorporated (GLW)

Shares of ON Semiconductor Corp (NASDAQ:ON) ended Friday session in green amid volatile trading. The shares closed up +0.22 points or 1.82% at $12.32 with 6,265,280 shares getting traded. Post opening the session at $12.16, the shares hit an intraday low of $12.16 and an intraday high of $12.41 and the price vacillated in this range throughout the day. The company has a market cap of $5.21 billion and the numbers of outstanding shares have been calculated to be 415.55 million shares.

ON Semiconductor Corp (ON) on September 27, 2016 announced three new devices for driving 3-phase BLDC motors via 180 degree sinusoidal waveforms. Designed for use in cooling fans of household appliances such as refrigerators, as well as games consoles and computing equipment, the LV8811, LV8813, and LV8814 have voltage ranges of 3.6 volts (V) to 16 V, 6 to 16 V, and 3.6 to 16 V respectively. These highly integrated, software-less motor drivers simplify motor control circuit design by eliminating software development time. In addition, these devices reduce acoustic noise and vibration, and enable deployment of energy efficient motor controls. They can be controlled by a single Hall sensor, reducing system costs. Motor speed can be set by either a pulse width modulated (PWM) signal or a DC voltage. Furthermore, their lead angle can easily be adjusted.

The LV8811, the LV8813, and the LV8814 incorporate over-current, over-voltage, under-voltage, and over-temperature protection functions. Also included are locked rotor protection and auto-recovery mechanisms. Soft start-up and shutdown functionality ensures that ongoing operational stability is maintained.

“Appliance manufacturers need to heighten the energy efficiency of their products in order to adhere to the latest guidelines. They are also under a great deal of pressure from consumers for these products to deliver smooth, silent operation,” explains Ikuya Kawasaki, Intelligent Power Solution Division General Manager at ON Semiconductor. “The 180° drive and lead angle adjustment of our LV8811/LV8813/LV8814 offering enable engineers to design systems that attain the elevated performance characteristics that are now being demanded. Moreover, design engineers can save development time and workload, and rapidly roll out their products.”

Shares of Corning Incorporated (NYSE:GLW) ended Friday session in green amid volatile trading. The shares closed up +0.13 points or 0.55% at $23.65 with 9,828,456 shares getting traded. Post opening the session at $23.66, the shares hit an intraday low of $23.41 and an intraday high of $23.81 and the price vacillated in this range throughout the day. The company has a market cap of $24.66 billion and the numbers of outstanding shares have been calculated to be 1.04 billion shares.

Corning Incorporated (GLW) on SEPTEMBER 30, 2016 announced that Corning® Gorilla® Glass, the cover glass of choice for global consumer electronic device manufacturers, will be featured in innovative automotive curved display applications at the 2016 Paris Motor Show, from Sept. 29 to Oct. 16, 2016. The glass is featured in a curved, full-glass center console and instrument-panel application called “Smart Pebbles” in the Faurecia booth located in Hall 1/B212.

“Formed through Corning`s proprietary fusion-draw process, Corning Gorilla Glass`s damage-resistant surface offers the perfect solution for touch devices, and now cold-formed curved cover glass for cutting-edge displays inside a car,” said Doug Harshbarger, division vice president and business director, Corning Automotive Glass.

“Displays are a fundamental part of the automotive cockpit of the future and consumers expect their smartphone experience to be replicated in their vehicle displays, with better touch performance and resolution, along with seamless design integration. This is a step toward the fusion of in-car displays and surfaces. Corning Gorilla Glass is a material that helps make this possible,” explained David Weill, vice president of marketing and business development, Faurecia Interior Systems.

 

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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