Vishay Intertechnology, Inc

Vishay Intertechnology is a U.S.-based manufacturer of discrete semiconductors and passive electronic components. Its product portfolio includes MOSFETs, diodes, optoelectronic components, resistors, inductors, and capacitors used in a wide range of electronic systems worldwide.

9,2 %

19,4 %

−0,3 %

+4,5 %

2.62

1.57

— Vishay Intertechnology, Inc
%
MOSFETs18% Power semiconductor devices used for switching and power management in electronic systems.
Diodes22% Discrete semiconductor devices used for rectification, protection, and signal control.
Optoelectronic Components10% Components that convert electrical signals to light or detect light in electronic applications.
Resistors18% Precision and general-purpose resistors, including foil resistors and strain gages.
Inductors12% Passive components used for filtering, energy storage, and power conversion.
Capacitors20% Passive components used for energy storage, filtering, and circuit stabilization.

Vishay sells to OEMs, electronic manufacturing services (EMS) providers, and independent distributors that resell...

  • OEMsprimary

    Buy components for direct design-in to finished electronic products and value reliability, performance, and availability.

  • EMS providersprimary

    Purchase components for outsourced manufacturing programs where supply continuity and pricing matter.

  • Independent distributorsprimary

    Buy inventory for resale to OEMs and EMS customers and support broad channel reach.

  • Automotive end marketsprimary

    Buy power and passive components for electrification, safety, and vehicle electronics.

  • Industrial, computing, and telecom end marketsprimary

    Buy components for automation, data, connectivity, and power management applications.

Vishay operates as a global electronics supplier with manufacturing, engineering, sales, and support activities spread...

  • •Headquartered in Malvern, Pennsylvania, United States
  • •Global manufacturing and support footprint across multiple regions
  • •Subsidiaries around the world generate cash and fund local operations
  • •Newport, South Wales facility expands semiconductor manufacturing in the U.K.
  • •Geographic diversity helps serve local customers and reduce single-region dependence

Vishay's strategy centers on broadening its component portfolio, increasing design-in wins, and deepening customer...

01
Increase design-in wins with customer engineersshort-term

Design-in positions Vishay parts inside customer platforms and supports recurring demand.

02
Invest in growth product linesmedium-term

Targeted product development aligns the portfolio with electrification, connectivity, and data trends.

03
Expand through acquisitionsmedium-term

Acquisitions can add niche technologies, customer relationships, and manufacturing capacity.

04
Optimize manufacturing footprint and sourcingmedium-term

A mix of internal production and subcontracting supports scale and flexibility across product lines.

Vishay faces cyclical demand exposure because many of its components are sold into industrial, automotive,...

high

Cyclical end-market demand

Industrial, automotive, telecom, and computing demand can swing sharply and affect component orders.

Scope
Worldwide industrial, automotive, telecommunications, and computing markets
Materiality
high
high

Supply chain disruption

Production depends on vendors, foundries, subcontractors, shipping partners, and distributors.

Scope
Global manufacturing and logistics network
Materiality
high
high

Goodwill and acquisition integration risk

The company grows partly through acquisitions, which can create impairment and integration challenges.

Scope
Reporting units and acquired businesses
Materiality
high
medium

Customer concentration at subsidiary or product-line level

Loss of a major customer in a niche line could materially affect that business unit.

Scope
Certain subsidiaries and product lines
Materiality
medium
medium

Foreign exchange and cross-border funding

Cash is generated globally but parent-company obligations must be funded in the U.S.

Scope
International subsidiaries and U.S. parent funding needs
Materiality
medium
Revenue recognition for distributor sales
Net revenue and quarterly comparability
Stock-ship-and-debit and scrap allowances
Revenue reserves and gross margin
Goodwill impairment
Operating income and equity
Fair value of acquisitions and long-lived assets
Earnings and balance sheet carrying values
Foreign currency hedging
Other income/expense and cash flow volatility

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: 29/04/2026