ON Semi Announces Q1 2017 Results

ON Semi announces its Q1 2017 results. Here is the image sensor business update:

"For the first quarter, image sensor revenue related to ADAS and viewing applications grew at an impressive high-teen percentage rate quarter over quarter. Our design win pipeline continues to grow for ADAS and active safety applications, and we expect robust growth in our ADAS related revenue to continue... we are making investments in ADAS to further accelerate our growth in this market.

We all well positioned to benefit from growth in machine visions and industrial automation applications with our CMOS and CCD image sensors. Our Python line of CMOS image sensors for machine vision applications continues to grow at an impressive rate. We have been repurposing products from our consumer end-market for industrial applications, which drive higher margins and long-term sustainable revenues.
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