Pros
Great place if you have no desire to compete with other companies and the most important attribute is to be liked by the business units. Drivers will be punished. Sycophants are most welcome.
Cons
If you are not a discarded member of the old Motorola Semiconductor split that got cast to the woeful ON Semiconductor side rather than the Freescale's, and preferably lives in Phoenix at their headquarters, don't bother trying to get ahead at this company. It has to be one of the biggest cases of cronyism anywhere. If you're part of their "ex-Motorola club" you can get away with being as lazy and incompetent as you can imagine. Dilbert's Wally would be proud. However, if you're not part of the "click", then beware. If you fall in the "disliked by the business units mostly incompetent clowns, your career will be short lived. ON Semiconductor, where careers go do die...