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Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.

COMPANY DESCRIPTION Xerox builds and integrates software and hardware solutions for customers. The company had traditionally provided printers and copiers for the workplace, but now has investments in artificial intelligence (AI), augmented reality-driven services, robotic process automation, sensors and services for the internet of things, 3D printing, and clean technologies. Based in Norwalk, Connecticut, Xerox operates in 160 countries and employs about 20,000 people. The shares are a component of the S&P 400 Mid Cap Index.

Microsoft is the world's largest independent software developer. The company was founded on the MS Windows operating system and MS Office business applications suite for PCs. As it has grown, Microsoft has expanded into enterprise software with Windows Server, SQL Server, Dynamics CRM, SharePoint, Azure, and Lync; hardware with the Xbox gaming/media platform and the Surface tablet; and online services through MSN and Bing. Microsoft acquired Skype, the internet VoIP communications service, in October 2011. More than 50% of revenue is generated outside the U.S.

Western Digital produces DRAM-based hard disk drives (HDDs) along with non-volatile memory (NVM) products, including solid data drives (SSDs) and mobile memory. WDC's products are used in cloud and on-premises data centers, desktop & notebook PCs, enterprise storage, video surveillance, networking products, DVRs, point-of-sale devices, and set-top boxes. In May 2016, WDC acquired NAND flash leader SanDisk. In October 2023, WDC announced plans to spin off the NAND flash business.