Core Points - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1] Summary by Categories Technical Requirements - Users are advised to enable Javascript and cookies in their browsers to ensure proper functionality [1] - The presence of ad-blockers can lead to blocked access, necessitating their temporary disablement [1]

Revenue and Earnings - 3Q 2025 revenues were $790.6 million, an increase from $762.3 million in 2Q 2025 and $735.4 million in 3Q 2024[7] - For the nine months ended September 27, 2025, net revenues were $2.27 billion, compared to $2.22 billion for the same period in 2024[15] - 3Q 2025 GAAP loss per share was $(0.06), while adjusted EPS was $0.04[7] - The company reported a free cash flow of $(142,691,000) for the nine fiscal months ended September 27, 2025, compared to $(67,732,000) for the same period in 2024[20] - The adjusted net earnings for the nine fiscal months ended September 27, 2025, were $(7,600,000), compared to $65,473,000 for the same period in 2024[19] Margins and Ratios - Gross margin for 3Q 2025 was 19.5%, impacted by approximately 150 basis points related to Newport[7] - Operating income for 3Q 2025 was $19.1 million, with an operating margin of 2.4%[14] - Adjusted EBITDA for the nine fiscal months ended September 27, 2025, was $193,972,000, with an adjusted EBITDA margin of 9.6%[21] - Book-to-bill ratio for 3Q 2025 was 0.97, with 0.96 for semiconductors and 0.98 for passive components[7] Assets and Liabilities - Total assets as of September 27, 2025, were $4.20 billion, up from $4.11 billion at the end of 2024[16] - Total current liabilities increased slightly to $710,676,000 in September 2025 from $708,348,000 in December 2024, while total liabilities rose to $2,112,912,000 from $2,081,734,000[17] - The total equity increased to $2,083,064,000 in September 2025 from $2,028,962,000 in December 2024[17] Cash Flow and Expenditures - Cash and cash equivalents decreased to $443.9 million from $590.3 million at the end of 2024[16] - Cash and cash equivalents decreased to $443,858,000 at the end of the period from $590,286,000 at the beginning of the period, reflecting a net decrease of $146,428,000[18] - Capital expenditures for the nine fiscal months ended September 27, 2025, were $178,491,000, compared to $175,175,000 for the same period in 2024[18] Payroll and Expenses - The company experienced a significant increase in payroll and related expenses, rising to $179,492,000 in September 2025 from $137,101,000 in December 2024[17] - The company reported a depreciation and amortization expense of $167,036,000 for the nine fiscal months ended September 27, 2025, compared to $155,272,000 for the same period in 2024[18] Future Outlook - Management expects 4Q 2025 revenues in the range of $790 million +/- $20 million, with a gross profit margin of 19.5% +/- 50 basis points[4] - The backlog at the end of 3Q 2025 was 4.4 months[7]

Core Insights - Vishay Intertechnology, Inc. reported third quarter revenues of $790.6 million, reflecting growth in high-demand markets such as smart grid infrastructure, AI, automotive, and aerospace/defense [3][9] - The company anticipates fourth quarter revenues to be in the range of $790 million +/- $20 million, with a gross profit margin of approximately 19.5% [4][9] Financial Performance - For the third quarter of 2025, Vishay's gross margin was 19.5%, which included a negative impact of approximately 150 basis points related to Newport [9][14] - The company recorded a GAAP loss per share of $(0.06) and an adjusted EPS of $0.04 for the third quarter [9][21] - The book-to-bill ratio was 0.97, with semiconductors at 0.96 and passive components at 0.98, indicating a slight decline in order intake relative to shipments [9][21] Operational Highlights - The backlog at the end of the quarter was equivalent to 4.4 months of sales, suggesting a stable demand outlook [9] - Heavy investments in capacity expansion over the past three years are enabling Vishay to meet quick delivery requirements and maintain competitive lead times [3][9] Market Outlook - The company is well-positioned to capitalize on market upcycles in high-growth sectors, as indicated by its revenue growth and strategic investments [3][4] - Management's outlook for the fourth quarter reflects confidence in continued revenue stability despite market fluctuations [4][9]

Core Insights - The article discusses the challenges of managing excess inventory in the semiconductor industry, highlighting the financial burden of storage and capital costs associated with unsold materials [1] - It promotes a service called "Chip Superman," which has successfully served 21,000 users and offers rapid transaction completion for inventory clearance [7] Inventory Management - The company faces significant costs related to excess inventory, with monthly storage and capital costs amounting to at least 5,000, leading to a potential loss of 30,000 after six months [1] - There is a list of surplus materials available for sale, including various semiconductor components from brands like 安世 and ST, with quantities ranging from 1,317 to 150,000 units [4] Purchase Requests - The article includes a section for requested materials, indicating a demand for specific components such as the Skyworks SE5004L-R and Toshiba TPH2R608NH, with quantities of 12,000 and 30,000 respectively [5] Warehouse and Inventory Details - Chip Superman operates a 1,600 square meter smart warehouse with over 1,000 different models and a total inventory of 50 million chips, valued at over 100 million [6] - The company ensures quality control for each item in its inventory through an independent laboratory located in Shenzhen [6] Service Promotion - The service emphasizes quick inventory turnover, claiming transactions can be completed in as little as half a day, which is a significant advantage for companies struggling with excess stock [7] - The article encourages users to explore the "Factory Surplus" mini-program for better pricing and inventory options [8]

Core Insights - Vishay Intertechnology has launched a new series of 150 W low profile, space-grade planar transformers optimized for 28 V input forward converters in avionics, military, and space applications, marking the industry's first such devices [1][2] Product Features - The SGTPL-28 series transformers are designed for high reliability switch mode power supplies and can power multiple 12 V or 5 V channels, featuring a rugged package that operates in harsh environments with high temperature tolerance up to +130 °C [2][3] - These transformers provide up to 40% greater winding fill compared to traditional planar devices, resulting in a smaller package size that saves PCB space and enhances efficiency and power density [3] - The transformers are customizable to meet specific design requirements, with strategic inventory management allowing for short lead times and typically no non-recurring engineering charges for customization [3] Technical Specifications - The SGTPL-28 series offers an input voltage range from 18 V to 36 V, a dielectric withstand voltage of 1250 VDC, and a leakage inductance of 0.5 µH [4] - Six screening options are available for the transformers, including P level for design validation testing and L level for low Earth orbit applications [4] Availability - Samples and production quantities of the SGTPL-28 series are currently available, with lead times varying from eight weeks for P level screening to 26 weeks for S level screening [5]

Core Insights - Vishay Intertechnology has launched a new series of insulated, surface-mount inrush current limiting positive temperature coefficient (PTC) thermistors aimed at enhancing board-level efficiency and reducing costs in automotive and industrial applications [1][2]. Product Features - The PTCES series devices can handle maximum energy up to 340 J and support high maximum voltages of 1200 VDC, all within a compact package [1]. - Compared to competing devices, the PTC thermistors offer up to 260% higher energy handling capabilities and 20% higher maximum voltages, allowing for fewer components in circuits, thus saving board space and lowering costs [2]. - These thermistors provide current limitation and overload protection for various applications, including AC/DC and DC/DC converters, energy dump circuits, on-board chargers, and motor drives [3]. Technical Specifications - The PTCES series consists of barium titanate thermistors with a resistance range of 60 to 1000 Ω and a maximum AC voltage of 350 to 800 VRMS [5]. - The devices are AEC-Q200 qualified for shock and vibration, capable of withstanding over 100,000 inrush power cycles, and feature a low profile of 9.6 mm [3][4]. - The operating temperature range is from -40 to +105 °C, with heat capacities of 2.4 and 2.6 J/K [5]. Availability - Samples and production quantities of the PTCES series thermistors are currently available, with lead times of 10 weeks [7]. Company Overview - Vishay Intertechnology is a major manufacturer of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, and medical [8].

Core Insights - Vishay Intertechnology, Inc. has launched a new series of insulated, surface-mount inrush current limiting positive temperature coefficient (PTC) thermistors aimed at enhancing board-level efficiency and reducing costs in automotive and industrial applications [1][2]. Product Features - The PTCES series devices can handle maximum energy up to 340 J and high maximum voltages of 1200 VDC, which is significantly higher than competing devices [1][2]. - Compared to competitors, the PTC thermistors provide up to 260% higher energy handling capabilities, allowing for fewer components in circuits, thus saving board space and lowering overall costs [2]. - The series offers 20% higher maximum voltages than competing devices, accommodating a wider range of design requirements [2]. Applications - These thermistors are designed for current limitation and overload protection in various applications, including AC/DC and DC/DC converters, DC-Link, energy dump, emergency discharge circuits, on-board chargers, battery charging equipment, and motor drives [3]. - The devices are self-protecting and can withstand over 100,000 inrush power cycles, and they are AEC-Q200 qualified for shock and vibration, negating the need for reinforced mounting adhesives [3]. Technical Specifications - The PTCES series consists of barium titanate thermistors with a solder-connected homogeneous ceramic PTC, encapsulated in a UL 94 V-0 compliant, self-extinguishing, washable plastic housing with insulation up to 3 kVAC [4]. - The devices have a low profile of 9.6 mm and are RoHS-compliant and halogen-free, allowing for automatic mounting by pick and place equipment to reduce placement costs [4]. - Key specifications include R25 values ranging from 60 to 1000 Ω, maximum AC voltage from 350 to 800 VRMS, maximum DC voltage from 500 to 1200 VDC, and operating temperatures from -40 to +105 °C [5]. Company Overview - Vishay Intertechnology is a major manufacturer of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical [6]. - The company is listed on the NYSE under the ticker VSH and is recognized as a Fortune 1000 Company [6].

Core Insights - Vishay Intertechnology, Inc. has introduced a new AEC-Q200 qualified 50 W thick film power resistor designed for high-performance electronic components in next-generation automotive applications [1][2] Product Features - The Vishay Sfernice LTA 50 power resistor is engineered for exceptional reliability and durability, capable of withstanding high humidity and temperatures up to +175 °C, while also providing high tolerance against vibration and electrical stress [2] - The resistor offers a wide range of resistance values from 0.010 Ω to 450 kΩ, with tolerances as low as ± 1 %, making it suitable for use as a precharge or discharge resistor in on-board chargers, battery management systems (BMS), and motor controls for electric vehicles (EV), hybrid electric vehicles (HEV), and plug-in hybrid electric vehicles (PHEV) [3] - The device features a non-inductive design, high dielectric strength of 1500 Vrms, and a limiting element voltage of 500 V, ensuring consistent performance in safety-critical applications [3] Availability - Samples and production quantities of the LTA 50 are currently available, with lead times of 10 weeks [4] Company Overview - Vishay Intertechnology manufactures one of the largest portfolios of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical [5]

Core Insights - Vishay Intertechnology, Inc. has launched the DLA 04051 series of vPolyTan™ polymer surface-mount chip capacitors designed for high-reliability applications in aerospace, military, and space markets, adhering to the latest Defense Logistics Agency (DLA) specifications [1][2] Product Features - The DLA 04051 series capacitors feature ultra-low equivalent series resistance (ESR) as low as 25 mΩ, significantly lower than traditional tantalum capacitors, making them suitable for power supplies, radios, radars, transponders, and energy storage in AMS systems [2] - The capacitors offer a capacitance range from 4.7 μF to 680 μF and support voltage ratings from 2.5 V to 63 V, validated through 2000 hours of testing at 125 °C for long-term reliability [2][3] Mechanical Reliability - The DLA 04051 series capacitors exhibit robust mechanical reliability, including shock resistance up to 500 g, vibration resistance meeting MIL-STD-202-204 Level D, and the ability to withstand 10 thermal shock cycles per MIL-STD-202-107 [3] - This series serves as a second source to Yageo/Kemet offerings, ensuring compatibility and reliability for critical military and aerospace systems [3] Availability - Samples and production quantities of the DLA 04051 series are currently available, with lead times of 35 weeks [4] Company Overview - Vishay Intertechnology manufactures one of the world's largest portfolios of discrete semiconductors and passive electronic components, essential for innovative designs across various markets including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical [5]

Core Insights - Vishay Intertechnology, Inc. has launched the DLA 04051 series of vPolyTan™ polymer surface-mount chip capacitors aimed at high-reliability applications in aerospace, military, and space markets, adhering to the latest Defense Logistics Agency specifications [1][3] Product Features - The DLA 04051 series capacitors feature ultra-low equivalent series resistance (ESR) as low as 25 mΩ, which is significantly lower than traditional tantalum capacitors, making them suitable for power supplies, radios, radars, transponders, and energy storage in AMS systems [2] - The capacitors have a capacitance range from 4.7 μF to 680 μF and support voltage ratings from 2.5 V to 63 V, validated through 2000 hours of testing at 125 °C for long-term reliability [2] Mechanical Reliability - These capacitors exhibit robust mechanical reliability, including shock resistance up to 500 g, vibration resistance meeting MIL-STD-202-204 Level D, and the capability to endure 10 thermal shock cycles per MIL-STD-202-107 [3] - The DLA 04051 series serves as a reliable second source to Yageo/Kemet offerings, ensuring compatibility for critical military and aerospace systems [3] Availability - Samples and production quantities of the DLA 04051 series are currently available, with lead times of 35 weeks [4] Company Overview - Vishay manufactures one of the largest portfolios of discrete semiconductors and passive electronic components, serving various markets including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical [5]