Financial Data and Key Metrics Changes - Revenue for the first quarter was $715 million, flat compared to the fourth quarter, with a 2% increase in volume offset by a 1% decrease in average selling prices [8][28] - Gross profit was $136 million, resulting in a gross margin of 19%, which includes a negative impact from Newport of approximately 200 basis points [30] - GAAP loss per share was minus $0.03 compared to a loss of minus $0.49 in the fourth quarter [32] Business Line Data and Key Metrics Changes - Automotive revenue decreased by 2% versus the fourth quarter, reflecting lower average selling prices associated with new OEM contracts [13] - Industrial market revenue increased by 3% from the fourth quarter, led by Europe, with strong demand for smart grid infrastructure projects [15] - Aerospace and defense revenue declined by 5% quarter over quarter due to inventory management by distributor partners [16] Market Data and Key Metrics Changes - Book to bill ratio improved for semiconductors to 1.12 and held at 1.04 for passives, indicating positive order intake [10][29] - Distribution revenue grew by 3%, while OEM and EMS revenue decreased due to market softness [22][23] - Revenue in Europe increased by 8% sequentially, while The Americas saw a 6% decline in industrial sales [25] Company Strategy and Development Direction - The company is executing its five-year strategic plan, focusing on capacity expansion and leveraging growth levers to participate in the next industry upcycle [43][44] - Plans to invest between $300 million to $350 million in 2025, with at least 70% allocated to capacity expansion projects [45] - The company aims to enhance its product portfolio through innovation and expand its market participation by working with subcontractors [49][50] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for a 6% revenue increase in Q2 despite global economic uncertainties, supported by improving market signals [11][54] - The company is closely monitoring customer demand and production timing to adapt to potential market changes [54] - Positive signals during the first quarter support optimism for sequential growth, with demand aligning more closely with end market consumption [53] Other Important Information - The company has been charging tariff adders to customers since 2018 to offset increased tariff costs, with minimal impact on gross profit [29][38] - The Newport facility is expected to reach gross margin neutrality by the first half of 2026, with increasing volume quarter on quarter [70] Q&A Session Summary Question: Distribution and SKU Increase - Management noted ongoing efforts to increase SKUs with distributors, with improvements in POS observed in Europe and The Americas, while Asia remained flat [57][59] Question: Tariff Impact - Management explained that less than 4% of sales are from China to the US, and the tariffs have a minimal long-term impact due to alternative sourcing options [63][64] Question: Newport Fab Utilization - The Newport fab is expected to see increasing volume quarter on quarter, targeting gross margin neutrality by early 2026 [68][70] Question: Cyclical Recovery Trends - Management highlighted positive trends in smart grid and aerospace defense markets, with ongoing demand for AI-related projects [75][78] Question: AI Business Size and Market Share - The AI business saw more than double the volume in Q1 compared to Q4, with a strong design position across various components [83][84] Question: Second Half Outlook - Management expressed optimism for the second half of the year, with backlogs building and expectations for growth compared to the previous year [86][88]

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $715 million, flat compared to Q4 2024, with a 2% increase in volume offset by a 1% decrease in average selling prices [7][25] - Gross profit was $136 million, resulting in a gross margin of 19%, which includes a negative impact from Newport of approximately 200 basis points [28] - Book to bill ratio improved to 1.08, with semiconductors at 1.12 and passives at 1.04, marking the second consecutive quarter with a book to bill greater than one [27] Business Line Data and Key Metrics Changes - Automotive revenue decreased by 2% compared to Q4 2024, reflecting lower average selling prices due to new OEM contracts [11] - Industrial market revenue increased by 3% from Q4 2024, driven by strong demand for smart grid infrastructure projects [13] - Aerospace and defense revenue declined by 5% quarter over quarter, while medical market results were mixed, with improved orders in The Americas but mixed results in Europe and Asia [15][16] Market Data and Key Metrics Changes - Distribution customer point of sale (POS) was up in all regions, with a 4% increase worldwide, reflecting a normalization of inventory levels [8][22] - Revenue in Europe increased by 8% sequentially, while The Americas saw a 6% decline in industrial sales [23] - AI-related shipments increased significantly, more than doubling compared to Q4 2024, indicating strong demand for AI servers and related products [80] Company Strategy and Development Direction - The company is executing its five-year strategic plan, focusing on capacity expansion and leveraging growth levers to participate in market upturns [40][41] - Plans to invest between $300 million to $350 million in 2025, with at least 70% allocated to capacity expansion projects [42] - The company aims to enhance its product portfolio and customer engagement through innovation and strategic partnerships [50] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for a 6% revenue increase in Q2 2025 despite global economic uncertainties, citing improved order intake and inventory normalization [9][51] - The second half of 2025 is expected to show better performance than the first half, with positive signals from various markets [84] - Management remains cautious about macroeconomic uncertainties but is prepared to adjust spending plans as necessary [51] Other Important Information - The company has implemented procedures to pass along tariff costs to customers, with minimal direct impact on Q2 results from recent tariff changes [9][35] - Free cash flow for Q1 2025 was negative $45 million, with expectations of continued negative free cash flow in 2025 due to capacity expansion plans [33][38] Q&A Session Summary Question: Distribution inventory and demand pull - Management noted ongoing efforts to increase product SKUs with distributors, with improvements in POS observed in Europe and The Americas, while inventory levels have normalized [54][56] Question: Tariff impact on revenue - Management explained that less than 4% of sales are from China, and the impact of tariffs is expected to contribute 1% to 2% to revenue, with a minimal effect on gross profit [59][60] Question: Newport Fab utilization and gross margin impact - Management indicated that Newport Fab utilization is expected to increase gradually, targeting gross margin neutrality by early 2026 [65][66] Question: Cyclical recovery trends - Management highlighted positive signals in smart grid and aerospace defense markets, with expectations for continued growth in AI and industrial sectors [72][78] Question: AI business size and market share - Management reported that AI-related shipments in Q1 were more than double those in Q4, with a strong design position across various components [80][81] Question: Outlook for the second half of the year - Management expressed optimism for the second half of 2025, with backlogs building and no negative adjustments in automotive scheduling agreements [83][84]

Vishay Intertechnology (VSH) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this chipmaker would post earnings of $0.11 per share when it actually produced break-even earnings, delivering a surprise of -100%. There are no easy answers to this key question, but one reliable measure that can help investors address this is ...

Financial Performance - 1Q 2025 revenues reached $715.2 million[25], slightly above 4Q 2024's $714.7 million[26] but lower than 1Q 2024's $746.3 million[26] - Gross margin was 19.0%[25], including a negative impact of approximately 200 bps related to Newport[25] - The company reported a loss per share (EPS) of $(0.03)[25] and an adjusted EPS of $(0.03)[25] - Adjusted EBITDA margin was 7.6%[27] Book-to-Bill Ratio - Overall book-to-bill ratio was 1.08[25] - Semiconductors had a book-to-bill ratio of 1.12[25] - Passive components had a book-to-bill ratio of 1.04[25] Revenue Mix by End Market - Industrial sector accounted for 34% of revenue in 1Q25[17], showing a 3% QoQ increase and a 1% YoY decrease[16] - Automotive sector represented 33% of revenue in 1Q25[17], with a 2% QoQ increase and an 11% YoY increase[16] - Other sectors contributed 14% of revenue in 1Q25[17], showing a 4% QoQ increase and an 8% YoY increase[16] - Aero/Defense sector accounted for 11% of revenue in 1Q25[17], with a -5% QoQ decrease and an 8% YoY increase[16] - Medical sector accounted for 5% of revenue in 1Q25[17], with a -1% QoQ decrease and a +6% YoY increase[16] Revenue Mix by Region - Europe accounted for 36% of revenue in 1Q25[23], showing an 8% QoQ increase and a -6% YoY decrease[22] - Asia accounted for 40% of revenue in 1Q25[23], with a -3% QoQ decrease and a 0% YoY change[22] - Americas accounted for 24% of revenue in 1Q25[23], with a -6% QoQ decrease and a -8% YoY decrease[22] Guidance for 2Q 2025 - Revenue is expected to be $760 million, with a +/- $20 million range[48], representing an approximate 1% to 2% increase versus 1Q[46] - Gross margin is projected at 19.0% +/- 50 bps[48], with a negative impact of 175-200 bps from Newport[48]

Report Overview [Introduction & Performance Highlights](index=1&type=section&id=Introduction%20%26%20Highlights) Vishay Intertechnology reported Q1 FY2025 results with revenue of **$715.2 million**, a gross margin of **19.0%**, and a loss per share of **$0.03**, alongside a book-to-bill ratio of **1.08** and a **4.7-month** backlog Q1 2025 Performance Highlights (in millions, except per share data and ratios) | Metric | Q1 2025 | Notes on Change | | :--- | :--- | :--- | | Revenue | $715.2 | | | Gross Margin | 19.0% | Includes approximately 200 basis points negative impact from Newport acquisition | | Loss Per Share | ($0.03) | | | Book-to-Bill Ratio | 1.08 | Semiconductors at 1.12, Passive Components at 1.04 | | Quarter-End Backlog | 4.7 months | | [CEO Commentary & Market Outlook](index=1&type=section&id=CEO%20Commentary%20%26%20Market%20Outlook) CEO Joel Smejkal noted market signals indicate channel inventory oversupply has largely normalized, with the company executing strategic levers to drive revenue growth and profitability - Market signals indicate channel inventory oversupply has normalized[2](index=2&type=chunk) - The company effectively executed strategic levers in Q1 to drive revenue growth and improve profitability[2](index=2&type=chunk) - Investments in capacity over the past two years position the company favorably for market improvement[2](index=2&type=chunk) - Q2 revenue is projected to increase by **6%** sequentially[2](index=2&type=chunk) [Q2 2025 Outlook](index=1&type=section&id=Q2%202025%20Outlook) Management projects Q2 2025 revenue between **$760 million +/- $20 million**, with a gross margin of **19.0% +/- 50 basis points**, accounting for Newport acquisition impacts and tariffs Q2 2025 Outlook (in millions, except basis points) | Metric | Q2 2025 Outlook | | :--- | :--- | | Revenue Range | $760 +/- $20 | | Gross Margin Range | 19.0% +/- 50 basis points | | Newport Acquisition Negative Impact | Approximately 175 to 200 basis points (included in gross margin) | | Tariff Impact | Included in guidance | Company Information [About Vishay](index=2&type=section&id=About%20Vishay) Vishay Intertechnology, a Fortune 1000 company, is a leading global manufacturer of discrete semiconductors and passive electronic components for diverse markets - Vishay is one of the world's largest manufacturers of discrete semiconductors and passive electronic components[7](index=7&type=chunk) - Products are widely used in automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets[7](index=7&type=chunk) - Vishay Intertechnology, Inc. is a NYSE-listed company (NYSE: VSH) and a Fortune 1000 company[7](index=7&type=chunk) [Non-GAAP Financial Measures Disclosure](index=2&type=section&id=Non-GAAP%20Financial%20Measures%20Disclosure) This press release includes several non-GAAP financial measures, such as adjusted net earnings and free cash, which supplement GAAP measures by providing insights into intrinsic operating performance - Non-GAAP financial measures include adjusted net earnings, adjusted EPS, adjusted gross margin, adjusted operating margin, free cash, EBITDA, adjusted EBITDA, and adjusted EBITDA margin[8](index=8&type=chunk) - These non-GAAP measures supplement GAAP performance or liquidity measures and should not be considered substitutes[8](index=8&type=chunk) - Management believes these measures are meaningful to investors as they provide insight into the company's intrinsic operating performance[8](index=8&type=chunk) [Forward-Looking Statements](index=2&type=section&id=Forward-Looking%20Statements) Forward-looking statements concern future performance, including revenue and profit forecasts, subject to various risks, uncertainties, and assumptions that may cause actual results to differ materially - Forward-looking statements involve the company's future performance, including projected revenue and profit, capital investments, capacity expansion, shareholder returns, tariff impacts, and overall economic performance[9](index=9&type=chunk) - These statements are based on current expectations and are subject to various risks, uncertainties, and assumptions, many of which are beyond the company's control[9](index=9&type=chunk) - The company undertakes no obligation to publicly update or revise any forward-looking statements[9](index=9&type=chunk) [Conference Call & Contact Information](index=1&type=section&id=Conference%20Call%20%26%20Contact%20Information) Vishay will host a conference call on May 7, 2025, to discuss Q1 financial results, with pre-registration and replay available on the investor relations website - The conference call is scheduled for May 7, 2025, at **9:00 AM ET**[4](index=4&type=chunk) - Pre-registration via a designated link is required to obtain dial-in numbers and a PIN[4](index=4&type=chunk) - A live audio webcast and the press release are available on Vishay's investor relations website, with a **30-day** replay[5](index=5&type=chunk) - Contact: Peter Henrici, Executive Vice President, Corporate Development, Phone: **+1-610-644-1300**[11](index=11&type=chunk)[12](index=12&type=chunk) Financial Performance [Summary of Operations (Income Statement)](index=4&type=section&id=Summary%20of%20Operations%20(Income%20Statement)) In Q1 2025, Vishay reported net revenue of **$715.2 million**, gross profit of **$135.5 million**, and a **19.0%** gross margin, resulting in a net loss of **$4.1 million** and **$0.03** loss per share Consolidated Condensed Statements of Operations (in thousands, except per share data) | Metric | Quarter Ended March 29, 2025 | Quarter Ended December 31, 2024 | Quarter Ended March 30, 2024 | | :--- | :--- | :--- | :--- | | Net Revenue | $715,236 | $714,716 | $746,279 | | Cost of Products Sold | $579,682 | $572,584 | $575,872 | | Gross Profit | $135,554 | $142,132 | $170,407 | | Gross Margin | 19.0% | 19.9% | 22.8% | | Selling, General and Administrative Expenses | $134,739 | $132,330 | $127,736 | | Operating Income (Loss) | $815 | ($56,685) | $42,671 | | Operating Margin | 0.1% | -7.9% | 5.7% | | Net Earnings (Loss) | ($4,092) | ($66,085) | $31,443 | | Net Earnings (Loss) Attributable to Vishay Stockholders | ($4,092) | ($66,308) | $30,924 | | Basic Earnings (Loss) Per Share | ($0.03) | ($0.49) | $0.22 | | Diluted Earnings (Loss) Per Share | ($0.03) | ($0.49) | $0.22 | | Cash Dividends Per Share | $0.10 | $0.10 | $0.10 | [Consolidated Condensed Balance Sheets](index=5&type=section&id=Consolidated%20Condensed%20Balance%20Sheets) As of March 29, 2025, Vishay's total assets increased to **$4.200 billion**, with total liabilities rising to **$2.168 billion** and total equity slightly increasing to **$2.032 billion** Consolidated Condensed Balance Sheets (in thousands) | Metric | March 29, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Assets** | | | | Cash and Cash Equivalents | $609,402 | $590,286 | | Total Inventories | $712,438 | $689,381 | | Total Current Assets | $1,975,562 | $1,915,507 | | Property, Plant and Equipment, Net | $1,574,569 | $1,545,738 | | Goodwill | $179,388 | $179,005 | | Total Assets | $4,200,242 | $4,110,696 | | **Liabilities and Equity** | | | | Total Current Liabilities | $705,401 | $708,348 | | Long-Term Debt (Less Current Portion) | $988,235 | $905,019 | | Total Liabilities | $2,168,110 | $2,081,734 | | Total Equity | $2,032,132 | $2,028,962 | | Total Liabilities and Equity | $4,200,242 | $4,110,696 | [Consolidated Condensed Statements of Cash Flows](index=7&type=section&id=Consolidated%20Condensed%20Statements%20of%20Cash%20Flows) Net cash provided by operating activities in Q1 2025 was **$16.1 million**, a significant decrease from **$80.2 million** in the prior year, with **$56.0 million** used in investing activities Consolidated Condensed Statements of Cash Flows (in thousands) | Metric | Three Months Ended March 29, 2025 | Three Months Ended March 30, 2024 | | :--- | :--- | :--- | | Net Cash Provided by Operating Activities | $16,098 | $80,211 | | Net Cash Used in Investing Activities | ($56,018) | ($223,789) | | Net Cash Provided by (Used in) Financing Activities | $52,007 | ($30,343) | | Effect of Exchange Rate Changes | $7,029 | ($2,257) | | Net Increase (Decrease) in Cash and Cash Equivalents | $19,116 | ($176,178) | | Cash and Cash Equivalents at End of Period | $609,402 | $796,541 | Non-GAAP Reconciliations [Reconciliation of Adjusted Earnings Per Share](index=8&type=section&id=Reconciliation%20of%20Adjusted%20Earnings%20Per%20Share) In Q1 2025, GAAP net loss attributable to Vishay shareholders was **$4.092 million**, with adjusted net loss matching this figure due to no goodwill impairment, resulting in an adjusted diluted loss per share of **$0.03** Reconciliation of Adjusted Earnings Per Share (in thousands, except per share data) | Metric | Quarter Ended March 29, 2025 | Quarter Ended December 31, 2024 | Quarter Ended March 30, 2024 | | :--- | :--- | :--- | :--- | | GAAP Net Earnings (Loss) Attributable to Vishay Stockholders | ($4,092) | ($66,308) | $30,924 | | Adjustments Impacting Operating Income: | | | | | Goodwill Impairment | - | $66,487 | - | | Adjusted Net Earnings (Loss) | ($4,092) | $179 | $30,924 | | Adjusted Diluted Weighted Average Shares Outstanding | 135,799 | 136,883 | 138,476 | | Adjusted Diluted Earnings (Loss) Per Share | ($0.03) | $0.00 | $0.22 | [Reconciliation of Free Cash](index=9&type=section&id=Reconciliation%20of%20Free%20Cash) Free cash was negative **$45.192 million** in Q1 2025, primarily due to reduced cash from operating activities and capital expenditures, contrasting with positive **$27.878 million** in the prior year Reconciliation of Free Cash (in thousands) | Metric | Quarter Ended March 29, 2025 | Quarter Ended December 31, 2024 | Quarter Ended March 30, 2024 | | :--- | :--- | :--- | :--- | | Net Cash Provided by Operating Activities | $16,098 | $67,656 | $80,211 | | Proceeds from Sale of Property, Plant and Equipment | $279 | $1,618 | $751 | | Less: Capital Expenditures | ($61,569) | ($144,904) | ($53,084) | | Free Cash | ($45,192) | ($75,630) | $27,878 | [Reconciliation of EBITDA and Adjusted EBITDA](index=10&type=section&id=Reconciliation%20of%20EBITDA%20and%20Adjusted%20EBITDA) EBITDA for Q1 2025 was **$54.458 million**, with adjusted EBITDA matching this figure due to no goodwill impairment, resulting in an adjusted EBITDA margin of **7.6%** Reconciliation of EBITDA and Adjusted EBITDA (in thousands) | Metric | Quarter Ended March 29, 2025 | Quarter Ended December 31, 2024 | Quarter Ended March 30, 2024 | | :--- | :--- | :--- | :--- | | GAAP Net Earnings (Loss) Attributable to Vishay Stockholders | ($4,092) | ($66,308) | $30,924 | | Net Earnings (Loss) | ($4,092) | ($66,085) | $31,443 | | Interest Expense | $8,790 | $7,731 | $6,496 | | Interest Income | ($3,877) | ($4,533) | ($9,053) | | Income Taxes | ($136) | $7,232 | $12,819 | | Depreciation and Amortization | $53,773 | $55,373 | $49,527 | | EBITDA | $54,458 | ($282) | $91,232 | | Adjustments: | | | | | Goodwill Impairment | - | $66,487 | - | | Adjusted EBITDA | $54,458 | $66,205 | $91,232 | | Adjusted EBITDA Margin | 7.6% | 9.3% | 12.2% |

Core Insights - Vishay Intertechnology, Inc. reported its fiscal first quarter results for the period ending March 29, 2025, highlighting a revenue of $715.2 million and a gross margin of 19.0% [1][9] - The company anticipates a sequential revenue increase of 6% for the second quarter of 2025, with expected revenues in the range of $760 million +/- $20 million [3][4] Financial Performance - The first quarter of 2025 saw a net loss attributable to Vishay stockholders of $4.1 million, translating to a loss per share of $0.03 [9][14] - The gross profit for the first quarter was $135.6 million, with a gross margin decrease from 19.9% in the previous quarter [9][14] - The book-to-bill ratio was reported at 1.08, with semiconductors at 1.12 and passive components at 1.04 [9] Operational Highlights - The company noted that channel inventory has normalized, which is expected to support revenue growth and profitability [3] - Vishay's backlog at the end of the quarter was approximately 4.7 months [9] Outlook - Management's guidance for the second quarter includes a gross profit margin range of 19.0% +/- 50 basis points, accounting for the negative impact of tariffs [4] - The anticipated effects of evolving tariff policies and demand uncertainties are being closely monitored [3] Cash Flow and Investments - Net cash provided by operating activities for the first quarter was $16.1 million, a decrease from $80.2 million in the same period last year [18] - Free cash flow for the first quarter was reported at $(45.2) million, compared to $27.9 million in the prior year [20] Balance Sheet - As of March 29, 2025, total assets were $4.2 billion, an increase from $4.1 billion at the end of the previous year [15][17] - Current liabilities totaled $705.4 million, with long-term debt less current portion at $988.2 million [17]

Core Insights - Vishay Intertechnology, Inc. will showcase its power management solutions at PCIM Europe 2025, focusing on trends such as e-mobility, energy storage, sustainability, and smart power system integration [1][4] Product Highlights - Vishay's components, including silicon carbide (SiC) MOSFETs, diodes, and power modules, constitute 70% or more of the bill of materials (BOMs) in reference designs [2] - Featured products include high impulse current rated capacitors, low inductance capacitors, and various inductors and resistors designed for high reliability and performance [2][5] - The company will present a range of semiconductor solutions, including surface-mount diodes and power modules in various packages [3] Event Details - Simon Goodwin, senior manager of global applications at Vishay, will present on "Rugged SiC and Low TCR Shunts Enabling Solid-State Power Distribution Units" during the event [4] - PCIM Europe 2025 will take place from May 6-8 in Nuremberg, Germany [4] Company Overview - Vishay is a leading manufacturer of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, and telecommunications [6]

Core Insights - Vishay Intertechnology has introduced two new industrial-grade solid-state relays, the VO1401AEFTR and VOR1003M4T, designed for high reliability and efficiency in various applications [1][2]. Product Features - The relays feature high continuous load currents of 550 mA for VO1401AEFTR and 5 A for VOR1003M4T, with load voltages of 60 V and 30 V respectively, and an isolation voltage of 3750 VRMS [1][2]. - Both devices exhibit low leakage current of less than 1 µA, contributing to higher efficiency in applications [1][3]. Application and Benefits - These relays are ideal for replacing electromechanical relays, providing robust, vibration-proof switching suitable for industrial automation, security systems, medical instrumentation, and broadcasting equipment [2][3]. - The compact SOP-4 package saves board space, while the fast switching times of 1.3 ms and 0.15 ms for VO1401AEFTR, and 0.5 ms and 0.1 ms for VOR1003M4T enhance performance in various applications [3]. Availability - Samples and production quantities of the new relays are currently available, with a lead time of four weeks [4]. Company Overview - Vishay Intertechnology is a major manufacturer of discrete semiconductors and passive electronic components, serving diverse markets including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical [5].

Core Viewpoint - Vishay Intertechnology, Inc. has launched a new AEC-Q200 qualified thick film power resistor, the MCB ISOA200, designed for high power dissipation and efficient thermal management in various applications [1][2][3]. Product Features - The ISOA200 is housed in a compact SOT-227B package and can dissipate up to 200 W at an 80 °C bottom case temperature [1]. - It features a resistance range from 10 Ω to 1 MΩ, with tolerances of ± 5 % and ± 10 %, and a temperature coefficient of resistance (TCR) of ± 100 ppm/K and ± 150 ppm/K [3]. - The device supports a maximum operating voltage of 1500 V and operates within a temperature range of -55 °C to +150 °C, with a dielectric strength of 4000 Vrms [3]. Application and Benefits - The resistor is suitable for automotive, industrial, avionics, military, and space applications, serving functions such as precharge, discharge, active discharge, or snubber resistor [2]. - It can handle high energy pulses up to 140 J for 0.1 seconds and is tested for multi-pulse applications, making it ideal for environments with high and repetitive pulse surges [2]. - The integration of an optional NTC thermistor simplifies design and saves board space, while the pre-applied Phase Change Thermal Interface Material (PC-TIM) enhances installation efficiency [3]. Company Overview - Vishay Intertechnology is a leading manufacturer of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical [4]. - The company is listed on the NYSE under the ticker VSH and is recognized as a Fortune 1000 Company [4].

TEL AVIV, Israel, April 22, 2025 (GLOBE NEWSWIRE) -- Enlight Renewable Energy ("Enlight", ", the Company", NASDAQ:ENLT, TASE: ENLT.TA), a leading renewable energy platform, announced that it has signed an agreement with Vishay Israel Ltd. for the supply of electricity valued at approximately $105m for a period of 12 years, and includes an option to significantly increase consumption volumes over the life of the contract. Vishay joins other leading entities in Israel that have signed clean electricity supply ...