Onsemi falls on downbeat Q1 results forecast

** Shares of chipmaker Onsemi ON fall 7.4% to $47.48 in premarket trading

** ON forecast Q1 revenue between $1.35 bln and $1.45 bln, compared with estimates of $1.69 bln- LSEG

** Co forecast Q1 adj EPS to be between $0.45 and $0.55, compared with estimates of $0.89

** ON reports Q4 revenue of $1.72 bln, below estimates of $1.76 bln

** "While 2025 remains uncertain, we remain committed to our long-term strategy," said Onsemi CEO Hassane El-Khoury

** Stock had fallen 24.5% in 2024