ON Semiconductor (NASDAQ: ON) , a leader in intelligent power and sensing technologies, announced the appointment of Taejong Lee, former CEO of Key Foundry, as the new CEO of ON Semiconductor Korea, located in Bucheon, Gyeonggi-do. Mr. Lee brings over 30 years of expertise in technology development, design services, sales, marketing and manufacturing operations for semiconductor fabs, global IDMs (Integrated Device Manufacturers) and foundries.
“With his extensive semiconductor expertise and leadership, Taejong will be instrumental in driving the continued global success of our Bucheon fab,” said Wei-Chung Wang, ON Semiconductor’s vice president of global manufacturing and operations. “ON Semiconductor’s Bucheon fab is a hub of innovation and technical excellence that will deliver ON Semiconductor’s differentiated solutions to meet the demands of the electric vehicle market, energy infrastructure and AI data center expansion. To achieve this, ON Semiconductor is committed to relentless innovation, collaboration and the pursuit of best-in-class value across all areas. With an excellent team and leadership in place, ON Semi is well positioned to drive continued growth and success.”
CEO Lee Tae-jong said, “Onsemi Korea has the best power semiconductor production line and equipment in Korea. Based on Onsemi’s long-standing experience and know-how, we will lead the growth of Bucheon Fab, our main SiC facility, so that it can continue to lead the global market.”
Prior to joining ON Semiconductor, the new CEO, Taejong Lee, served as CEO and President at KeyFoundry (now SK KeyFoundry, a subsidiary of SK Hynix) and Allchips Corporation. Previously, he served as Vice President and General Manager of the Foundry Business Unit at MagnaChip Semiconductor in Korea, and worked at Chartered Semiconductor Manufacturing (now GlobalFoundries) in Singapore and Samsung Semiconductor (now ON Semi). The new CEO, Taejong Lee, was appointed on March 4, 2025.
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