MALVERN, Pa., July 17, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) is broadening its optoelectronics portfolio with the introduction of a new 890 nm high speed infrared (IR) emitting diode in a clear, untinted leaded plastic package. Based on surface emitter technology, the Vishay Semiconductors TSHF5211 combines an excellent -1.0 mV/K temperature coefficient of VF with higher radiant intensity and faster rise and fall times than previous-generation devices. RoHS-compliant, halogen-fre ...

Samples and production quantities of the TSHF5211 are available now, with lead times of 20 weeks for large orders. Link to product photo: https://www.flickr.com/photos/vishay/albums/72177720318800057 MALVERN, Pa., July 17, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) is broadening its optoelectronics portfolio with the introduction of a new 890 nm high speed infrared (IR) emitting diode in a clear, untinted leaded plastic package. Based on surface emitter technology, the Vishay Semicond ...

MALVERN, Pa., July 10, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH), will release its results for the fiscal second quarter ended June 29, 2024, before the New York Stock Exchange opens on Wednesday, August 7, 2024. There will be a replay of the conference call available on the Investor Relations website approximately one hour following the call and will remain available for 30 days. The DNA of tech® is a trademark of Vishay Intertechnology. A live audio webcast of the conference call ...

MALVERN, Pa., July 08, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that at electronica China 2024, the company will be showcasing its broad portfolio of passive and semiconductor solutions that meet the latest automotive and e-mobility needs to deliver accurate and reliable performance in harsh operating conditions. Newly released 1200 V MaxSiC™ series silicon carbide (SiC) MOSFETs, which deliver on-resistances of 45 mΩ, 80 mΩ, and 250 mΩ in standard packages for indust ...

In hall E3, booth 3600, Vishay will be showcasing its differentiated products and solutions, and the advantages of utilizing them in designs. Among the highlights taking center stage at Vishay's booth will be: The DNA of tech® is a registered trademark of Vishay Intertechnology. MaxSiC™ is a trademark of MaxPower Semiconductor, Inc. Registration pending. Power Metal Strip, IHLE and eSMP are registered trademarks and ENYCAP is a trademark of Vishay Intertechnology, Inc. PowerPAK and PowerPAIR are registered ...

Vishay Intertechnology (VSH) recently launched Gen 3 1200 V silicon carbide (SiC) Schottky diodes. These devices also offer high robustness with operating temperatures up to +175°C, having a low capacitance charge and low typical reverse leakage current and reducing conduction losses. Vishay acquired a precision thermistors company, Ametherm, as part of its strategy to expand its resistors offering by integrating Ametherm's small package, high-quality inrush current limiters and NTC temperature sensors into ...

Vishay Intertechnology, Inc. (NYSE:VSH) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Peter Henrici - EVP, Corporate Development & Corporate Secretary Joel Smejkal - President, CEO & Director David McConnell - EVP & CFO Conference Call Participants Matthew Sheerin - Stifel, Nicolaus & Company Ruplu Bhattacharya - Bank of America Merrill Lynch Joshua Buchalter - TD Cowen Operator Good morning, and thank you for standing by. Welcome to the Vishay Intertechnology First Quarter 20 ...

Exhibit 99.1 Vishay Intertechnology Reports Fiscal First Quarter 2024 Results Malvern, PA, May 8, 2024 – Vishay Intertechnology, Inc., (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, today announced results for the fiscal first quarter ended March 30, 2024. Highlights "As expected, first quarter revenue declined 5% sequentially primarily due to ongoing semiconductor inventory digestion and lingering macro-economic uncertainties, particularl ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 1-7416 Vishay Intertechnology, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpora ...

Financial Data and Key Metrics Changes - Revenue for Q4 2023 was reported at $785.2 million, a decrease of 8.0% from Q3 2023, primarily due to a 7.2% decrease in volume and a 0.7% reduction in pricing [12][29] - Gross profit was $200.7 million, resulting in a gross margin of 25.6%, down from 27.8% in Q3 2023 [33] - Operating income decreased by $37.3 million compared to Q3 2023, with an operating margin of 9.9%, down from 13.5% in Q3 2023 [34] Business Line Data and Key Metrics Changes - Automotive revenue accounted for 37% of total revenue, declining 7.5% sequentially but increasing 9% year-over-year [13][14] - Industrial segment revenue decreased by 11.1% sequentially and 18.9% year-over-year, accounting for 34% of total revenue [17] - Aerospace and Defense revenue increased by 8.5% sequentially and 31% year-over-year, with a total growth of 26.5% for the year [20] - Medical revenue grew 4.3% sequentially and 3.6% year-over-year, with a total growth of 14% for 2023 [21] Market Data and Key Metrics Changes - Demand in Asia remained weak due to the economic slowdown in China, while Europe and the Americas also showed sluggish demand [18] - Distribution inventory increased to 26 weeks, up from 24 weeks in the previous quarter, indicating a need for inventory correction [25] Company Strategy and Development Direction - The company aims to increase capacity for high-growth and high-margin product lines, focusing on e-mobility, sustainability, and connectivity [9][47] - A commitment to return at least 70% of free cash flow to shareholders through dividends and stock repurchases was reiterated [46] - The company plans to invest approximately $450 million in 2024, building on a total investment goal of about $1.2 billion over three years [64] Management's Comments on Operating Environment and Future Outlook - Management indicated that the inventory correction in the channel is expected to last through the first half of 2024, with some end markets potentially improving sooner [27][73] - The company anticipates single-digit growth in 2024 for industrial OEMs and over 10% growth for automotive components [86] Other Important Information - The company reported a cash flow from operations of $6.3 million for Q4 2023, lower than the previous quarter [38] - Total liquidity at year-end was $1.8 billion, including $1.0 billion in cash and short-term investments [44] Q&A Session Summary Question: Discussion on distributor SKU increases and inventory correction duration - Management noted that discussions with distributors are ongoing, with SKU increases expected to continue through at least the first half of 2024, targeting an inventory correction by the end of Q2 [67][73] Question: Opto gross margin decline - A one-time write-off related to the discontinuation of a silicon fab setup was cited as a reason for the decline in Opto gross margin [76][78] Question: Capital allocation priorities and M&A potential - The company remains committed to returning free cash flow to shareholders and is exploring M&A opportunities, particularly in circuit protection and specialty materials [82][81] Question: Guidance for Q1 revenue decline - The anticipated revenue decline is primarily attributed to distributor destocking, with OEMs expecting growth in 2024 [86][87] Question: Operating margins and cost-cutting actions - Management acknowledged the need for cost-cutting measures and is actively exploring options to manage expenses while maintaining customer alignment [89][90]