ON Semiconductor falls after earnings, levels to watch The company reported last night after the close, coming in lighter on revenues than consensus expectations. At the current price of $8.57 the shares are down 8.4% against the prior day close. Support is at $8.26. Resistance is at $8.88.
ON Semiconductor rallies after unveiling new auto focus technology ON Semiconductor announced earlier today that it has successfully demonstrated its second generation Phase Detect Auto Focus, PDAF, technology featuring a unique pixel micro-lens technology that enables fast focus at 25 Lux light levels. This unique technology has been successfully implemented on a 13 megapixel test chip with 1.1 micron pixels and will be utilized in a new product introduction for mobile end-market customers later this year. Shares of ON Semiconductor are higher by over 5% in morning trading.