Vishay Intertech Stock Price, News & Analysis

Vishay Intertechnology (NYSE: VSH) announced its product lineup for the Applied Power Electronics Conference (APEC) 2022, highlighting innovations in power management solutions for e-mobility, Industry 4.0, 5G, and IoT applications. Key products showcased include advanced power ICs for DC/DC conversion, MOSFETs for automotive applications, and diodes to enhance power density. Vishay will also demonstrate passive components and provide industry sessions at the event, underscoring its commitment to leading markets with high-performance electronic components.

Vishay Intertechnology has expanded its IHLE series of low profile, high current inductors with the launch of new commercial and automotive grade devices.

These devices, sized 5 mm x 5 mm x 3.4 mm, feature integrated E-field shields that reduce EMI by up to -20 dB. They operate at high temperatures up to 155 °C and cater to applications including servers, automotive systems, and battery-powered devices.

Samples and production quantities are available with lead times of 12 weeks.

Vishay Intertechnology (NYSE:VSH) announced a quarterly dividend of $0.10 per share on February 22, 2022. The dividend will be payable on March 30, 2022, to shareholders on record as of the close of business on March 17, 2022. Future dividends will depend on Board approval. Vishay is a leading global manufacturer of discrete semiconductors and passive components, serving various markets including automotive, industrial, and medical. The company highlights potential risks in its forward-looking statements regarding future dividends.

Vishay Intertechnology (NYSE: VSH) announces leadership changes as Dr. Gerald Paul will retire as President and CEO on December 31, 2022. Joel Smejkal, currently Executive Vice President of Corporate Business Development, is set to succeed Dr. Paul, while Jeff Webster becomes the newly created Chief Operating Officer. Both new leaders have extensive experience within the company, with Smejkal's 32 years and Webster's 22 years. The Board expresses confidence in their ability to navigate Vishay's strategic priorities in the next chapter of its 60-year history.

Vishay Intertechnology has unveiled the SiHK045N60E, a 600 V power MOSFET that enhances efficiency in telecom, server, and datacenter applications. The new device features a 27% reduction in on-resistance and 60% lower gate charge compared to previous models, achieving the industry’s lowest figures for its class. Built on the latest superjunction technology, it has a thermal resistance 11.8% lower than competitors. The MOSFET is now available in sample and production quantities, aimed at improving energy savings in power conversion systems.

Vishay Intertechnology has expanded its optoelectronics portfolio with six new 850 nm and 940 nm high-power infrared (IR) emitters, featuring superior radiant intensity of up to 6,000 mW/sr. These emitters, built on SurfLight™ technology, support high drive currents of 1.5 A DC and 5 A pulsed, making them suitable for various applications, including gaming and night vision. They occupy a 20% smaller footprint and offer 30% higher intensity than previous models. Samples are available now with lead times of 8 to 12 weeks.

Vishay Intertechnology launched a new AEC-Q200 qualified customizable haptic feedback actuator (IHPT-1411AF-ABA) designed for automotive applications. This device operates at 12 V and features a compact, two-piece construction, enhancing installation and tactile feedback experiences in noisy environments. With a response time of < 5 ms and the ability to drive a 0.5 kg load with 6 g acceleration, it promises better performance at a lower cost. The actuator's temperature range can withstand up to +105 °C, making it reliable for in-vehicle controls, including dashboards and electronic shift transmissions.

Vishay Intertechnology (VSH) reported Q4 revenues of $843 million and full-year revenues of $3,240 million for 2021, reflecting a significant increase from $2,501 million in 2020. Q4 gross margin stood at 27.3%, matching previous quarters, but operating earnings dropped to $36.5 million compared to $96.8 million in Q3 2021. The company faced a $53.3 million tax expense due to changes in Israeli tax law. For Q1 2022, Vishay expects revenues between $820 million to $860 million, with similar gross margins.

Vishay Intertechnology has adopted a new Stockholder Return Policy aimed at enhancing returns to shareholders by returning at least 70% of annual free cash flow. For 2022, the company anticipates returning a minimum of $100 million, comprised of $58 million in dividends and at least $42 million in share repurchases. The Board emphasizes commitment to stockholder value while also focusing on growth initiatives, including product expansions and R&D.