ON Semiconductor Corporation vs Seagate Technology Holdings plc: A Gross Profit Performance Breakdown

Gross Profit Trends: ON Semiconductor vs. Seagate Technology

__timestampON Semiconductor CorporationSeagate Technology Holdings plc
Wednesday, January 1, 201410849000003846000000
Thursday, January 1, 201511932000003809000000
Friday, January 1, 201612969000002615000000
Sunday, January 1, 201720338000003174000000
Monday, January 1, 201822387000003364000000
Tuesday, January 1, 201919736000002932000000
Wednesday, January 1, 202017158000002842000000
Friday, January 1, 202127143000002917000000
Saturday, January 1, 202240772000003469000000
Sunday, January 1, 202338835000001351000000
Monday, January 1, 202432161000001546000000
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A Tale of Two Giants: Gross Profit Trends from 2014 to 2023

In the ever-evolving landscape of semiconductor and data storage industries, ON Semiconductor Corporation and Seagate Technology Holdings plc have been pivotal players. From 2014 to 2023, these companies have showcased contrasting trajectories in their gross profit performance.

ON Semiconductor has seen a remarkable growth, with its gross profit surging by approximately 258% from 2014 to 2022, peaking in 2022. This growth underscores the company's strategic advancements in semiconductor technology. However, 2023 saw a slight dip, indicating potential market challenges or strategic shifts.

Conversely, Seagate Technology's gross profit has experienced fluctuations, with a notable decline of around 65% from 2014 to 2023. This trend reflects the volatile nature of the data storage market and the company's adaptation strategies.

These insights provide a compelling narrative of industry dynamics, highlighting the resilience and adaptability of these tech giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025