-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QLt2IxcX8fHCM1XUWQvel1NnTdaZFjdKhUVdf/Yx0AHAytBgYDya4KYsmipVQm4Z sz9+hzA56Gf15Fb7Py0pkA== 0001193125-04-209343.txt : 20041208 0001193125-04-209343.hdr.sgml : 20041208 20041208142405 ACCESSION NUMBER: 0001193125-04-209343 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041202 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20041208 DATE AS OF CHANGE: 20041208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ON SEMICONDUCTOR CORP CENTRAL INDEX KEY: 0001097864 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 363840979 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30419 FILM NUMBER: 041190542 BUSINESS ADDRESS: STREET 1: 5005 EAST MCDOWELL ROAD CITY: PHOENIX STATE: AZ ZIP: 85008 BUSINESS PHONE: 6022446600 MAIL ADDRESS: STREET 1: 5005 EAST MCDOWELL ROAD CITY: PHOENIX STATE: AZ ZIP: 85008 FORMER COMPANY: FORMER CONFORMED NAME: SCG HOLDING CORP DATE OF NAME CHANGE: 19991027 8-K 1 d8k.htm FORM 8-K Form 8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

December 2, 2004

Date of report (Date of earliest event reported)

 


 

ON Semiconductor Corporation

(Exact name of registrant as specified in its charter)

 


 

Delaware   000-30419   36-3840979

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification Number)

 

ON Semiconductor Corporation

5005 E. McDowell Road

Phoenix, Arizona 85008

(Address of principal executive offices) (Zip Code)

 

602-244-6600

(Registrant’s telephone number, including area code)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 2.05. Costs Associated with Exit or Disposal Activities.

 

On December 2, 2004, ON Semiconductor Corporation (“Company”) notified one of its information technology service providers that the Company will terminate its outsourcing agreement (“Agreement”) with that provider effective March 6, 2005. The primary reason for the decision to terminate the Agreement is the planned migration from the legacy information systems of the Company to an upgraded information system with enhanced compatibility to its existing accounting system that will replace the functionality of the legacy information systems provided under the Agreement. In conjunction with the planned migration, the Company also terminated a second outsourcing agreement with a different service provider, which provides related data processing services. The migration is planned to take place during the February 2005 to March 2005 timeframe.

 

The early termination of these agreements is expected to result in cash restructuring and other charges of approximately $2.2 million. All payments related to these charges are expected to be completed by the second quarter of 2005 and no cash payments are anticipated during 2004.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

   

ON SEMICONDUCTOR CORPORATION

   

(Registrant)

Date: December 8, 2004

  By:   

/s/ DONALD A. COLVIN


        

Donald A. Colvin

        

Chief Financial Officer

 

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