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What's Ahead: Today's Economic Outlook - Equity Research on ON Semiconductor Corp. and Fairchild Semiconductor International

(October 25, 2011)

MACAU -- (Marketwire) -- 10/25/11 -- Today, announced its research report highlighting ON Semiconductor Corp. (NASDAQ: ONNN) and Fairchild Semiconductor International (NYSE: FCS). Full content and research is available at

Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets.'

As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis -- furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.

Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.

Equity Markets has reviewed ON Semiconductor Corp. for its current position within the technology industry. ON Semiconductor Corporation (ON Semiconductor) is a supplier of silicon solutions for energy electronics. The Company designs, manufactures and markets a portfolio of semiconductor components. It operates in four segments: automotive and power group, standard products group, computing and consumer products group, and digital and mixed-signal product group. The full research report on ON Semiconductor Corp. (NASDAQ: ONNN) is available here:

Equity Markets has reviewed Fairchild Semiconductor International for its development within the technology industry. The full research report on Fairchild Semiconductor International (NYSE: FCS) is available here:

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