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Compare · ALGM vs ON

ALGM vs ON

Side-by-side comparison of Allegro MicroSystems Inc. (ALGM) and ON Semiconductor Corporation (ON): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both ALGM and ON operate in Semiconductors (Technology), so they compete in similar markets.
  • ON is the larger of the two at $39.65B, about 4.4x ALGM ($8.99B).
  • ON has been more active in the news (8 items in the past 4 weeks vs 1 for ALGM).
  • ON has more recent analyst coverage (25 ratings vs 22 for ALGM).
MetricALGMON
Company
Allegro MicroSystems Inc.
ON Semiconductor Corporation
Price
-
-
Market cap
$8.99B
$39.65B
1M return
-
-
1Y return
-
-
Industry
Semiconductors
Semiconductors
Exchange
NASDAQ
NASDAQ
IPO
2020
News (4w)
1
8
Recent ratings
22
25
ALGM

Allegro MicroSystems Inc.

Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components, including photodiodes, eye-safe lasers and rangefinders, and readout ICs for LiDAR applications. The company sells its products to original equipment manufacturers and suppliers primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was incorporated in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.

ON

ON Semiconductor Corporation

ON Semiconductor Corporation, together with its subsidiaries, manufactures and sells semiconductor components for various electronic devices worldwide. The company operates in three segments: Power Solutions Group (PSG), Advanced Solutions Group (ASG), and Intelligent Sensing Group (ISG). The PSG segment offers analog, discrete, module, and integrated semiconductor products for various applications, such as power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The ASG segment designs and develops analog, mixed-signal, logic, ASSPs and ASICs, Wi-Fi, and power solutions. It also provides trusted foundry and design services for government customers; and manufacturing services. The ISG segment offers complementary metal oxide semiconductors image sensors; proximity sensors; image signal processors; single photon detectors, including SiPM and SPAD arrays; radars; and actuator drivers for autofocus and image stabilization for a range of customers in automotive, industrial, medical, aerospace/defense, communications, networking, wireless, consumer, and computing markets. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Phoenix, Arizona.

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