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Malaysia taps fresh chip momentum with Intel, Vishay expansion plans
Malaysia taps fresh chip momentum with Intel, Vishay expansion plans

Malay Mail

time12 hours ago

  • Business
  • Malay Mail

Malaysia taps fresh chip momentum with Intel, Vishay expansion plans

KUALA LUMPUR, June 22 — The Ministry of Investment, Trade and Industry (MITI) has held discussions with leading tech giant, Intel, regarding the latter's plans on reinvestment and expansion of its operations in Malaysia. Minister Tengku Datuk Seri Zafrul Abdul Aziz said Intel has invested RM50 billion to-date, and provided employment opportunities to 12,300 local workers. 'Intel's presence in Malaysia since 1972 has grown in tandem with the country's rise as a global semiconductor hub. 'This meeting reflects Intel's continued confidence in Malaysia as its key investment destination outside the United States,' he said in a post on the social media platform X today. He added that the Malaysian government, through MITI and the Malaysian Investment Development Authority (MIDA), remains fully committed to supporting Intel's expansion in the country. 'Under the New Industrial Master Plan 2030 (NIMP2030), and the National Semiconductor Strategy (NSS), we will continue to strengthen a sustainable and competitive industrial ecosystem,' Tengku Zafrul said. Meanwhile, in a separate post, the MITI minister said a United States-based manufacturer of discrete semiconductors and passive electronic components, Vishay Intertechnology, has expressed its intention to expand its operations in Malaysia. 'They already have a presence in Melaka, and the rise in the number of high-tech semiconductor facilities is in line with the objectives of NIMP2030 and NSS,' he added. Tengku Zafrul is currently on a working visit to Washington, United States. — Bernama

Vishay Intertechnology joins Wales Tech Week 2025 partners
Vishay Intertechnology joins Wales Tech Week 2025 partners

South Wales Argus

time14-06-2025

  • Automotive
  • South Wales Argus

Vishay Intertechnology joins Wales Tech Week 2025 partners

Vishay Intertechnology, a US-based firm with operations in Newport, has been announced as a gold partner for the event, which will take place at the International Convention Centre (ICC) Wales from November 24 to 26. The company, which employs 23,000 people worldwide, manufactures semiconductors in multiple countries and acquired its Newport site—now the UK's largest semiconductor manufacturing facility—in March 2024. Avril Lewis, managing director of Technology Connected, organisers of Wales Tech Week, said: "Compound semiconductors play a vital role in the world around us and we're delighted that a world-leading company such as Vishay Intertechnology has partnered with Wales Tech Week to help showcase some of the cutting-edge work that they do, in what is such an important industry. "Their recently announced investment shows the confidence that they have in the manufacturing potential of Wales, and it's great to see the South Wales semiconductor cluster continuing to grow and attract international interest and recognition." Vishay recently announced a £250 million investment in the Newport facility to expand production of silicon carbide semiconductors. These advanced components are crucial to electric vehicle (EV) technology. The company says they enable faster battery charging, more efficient energy delivery to motors, and longer driving ranges for EVs. The investment is expected to directly support more than 500 high-value jobs in Wales and create further opportunities throughout the supply chain. Roy Shoshani, executive vice president and chief operating officer – semiconductors and chief technical officer at Vishay Intertechnology, said: "When Vishay acquired Newport Wafer Fab last year, we wanted to take advantage of the global growth opportunity in compound semiconductors. "We knew we would benefit from Wales's track record in innovation, its highly skilled and committed workforce, and the spirit of collaboration within the South Wales Compound Semiconductor Cluster. "As gold sponsors of Wales Tech Week 2025, we're excited to showcase Wales's expertise in semiconductors on the world stage." Vishay is also working with further and higher education providers to promote careers in the semiconductor industry.

Vishay Intertechnology Honors Mouser Electronics for Fourth Consecutive Year with Top Distribution Awards
Vishay Intertechnology Honors Mouser Electronics for Fourth Consecutive Year with Top Distribution Awards

Yahoo

time12-06-2025

  • Automotive
  • Yahoo

Vishay Intertechnology Honors Mouser Electronics for Fourth Consecutive Year with Top Distribution Awards

DALLAS & FORT WORTH, Texas, June 12, 2025--(BUSINESS WIRE)--Mouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, has been named the 2024 Americas Catalog Distributor of the Year by Vishay Intertechnology, Inc., a leading global manufacturer of a wide range of discrete semiconductors and passive electronic components. Mouser received the award for its new product introduction support, customer acquisition, and increased part count in the design market. This is the fourth consecutive year that Mouser has received the prestigious award. In addition, Mouser received the specialized 2024 Americas Catalog Passives Distributor of the Year Award. "At Vishay, we have learned to count on Mouser to excel at what they do," said Steve Nye, Global Distribution Strategic Manager at Vishay Intertechnology. "Mouser's consistent attention to our needs, attention to detail, new product introductions, and overall professionalism helps us grow our business. We are proud of our association with Mouser, and we are very pleased to present them with these important awards of recognition." "We are greatly honored by this acknowledgment from Vishay Intertechnology," said Eric Wendt, Vice President of Supplier Management at Mouser Electronics. "Design engineers around the world count on Vishay components for their latest designs. We take great pride in providing the newest Vishay products for all stages of the design process." Over the last decade, Mouser has received numerous awards from Vishay, including 2023, 2022, 2021 and 2018 High Service (Catalog) Distributor of the Year (DoY); 2023, 2022, 2021, 2018 and 2017 Semiconductor High Service DoY; and the 2020 and 2019 Americas Passives High Service DoY; and 2015 North American High Service DoY. Mouser's Europe team has received the High Service DoY for Europe Award 2013 through 2016, 2018, 2019, 2021, 2022, and 2024. With more than 400,000 Vishay parts available to order, including over 70,000 in stock and ready to ship, Mouser offers a wide selection of the manufacturer's newest products, from discrete semiconductors such as diodes, MOSFETs and infrared optoelectronics to passive electronic components such as resistors, inductors and capacitors. To learn more about the vast selection of Vishay products available at Mouser Electronics, visit For more Mouser news and our latest new product introductions, visit As a global authorized distributor, Mouser offers the widest selection of the newest semiconductors, electronic components and industrial automation products. Mouser's customers can expect 100% certified, genuine products that are fully traceable from each of its manufacturer partners. To help speed customers' designs, Mouser's website hosts an extensive library of technical resources, including a Technical Resource Center, along with product data sheets, supplier-specific reference designs, application notes, technical design information, engineering tools and other helpful information. Engineers can stay abreast of today's exciting product, technology and application news through Mouser's complimentary e-newsletter. Mouser's email news and reference subscriptions are customizable to the unique and changing project needs of customers and subscribers. No other distributor gives engineers this much customization and control over the information they receive. Learn about emerging technologies, product trends and more by signing up today at About Mouser Electronics Mouser Electronics is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor's website, is available in multiple languages and currencies and features more than 6.8 million products from over 1,200 manufacturer brands. Mouser offers 28 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 650,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit About Vishay Vishay manufactures one of the world's largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Trademarks Mouser and Mouser Electronics are registered trademarks of Mouser Electronics, Inc. All other products, logos, and company names mentioned herein may be trademarks of their respective owners. View source version on Contacts For further information, contact:Kevin Hess, Mouser ElectronicsSenior Vice President of Marketing+1 (817) For press inquiries, contact:Kelly DeGarmo, Mouser ElectronicsManager, Corporate Communications and Media Relations+1 (817) Sign in to access your portfolio

Vishay Intertechnology Honors Mouser Electronics for Fourth Consecutive Year with Top Distribution Awards
Vishay Intertechnology Honors Mouser Electronics for Fourth Consecutive Year with Top Distribution Awards

Business Wire

time12-06-2025

  • Automotive
  • Business Wire

Vishay Intertechnology Honors Mouser Electronics for Fourth Consecutive Year with Top Distribution Awards

DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)-- Mouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, has been named the 2024 Americas Catalog Distributor of the Year by Vishay Intertechnology, Inc., a leading global manufacturer of a wide range of discrete semiconductors and passive electronic components. Mouser received the award for its new product introduction support, customer acquisition, and increased part count in the design market. This is the fourth consecutive year that Mouser has received the prestigious award. In addition, Mouser received the specialized 2024 Americas Catalog Passives Distributor of the Year Award. "At Vishay, we have learned to count on Mouser to excel at what they do," said Steve Nye, Global Distribution Strategic Manager at Vishay Intertechnology. "Mouser's consistent attention to our needs, attention to detail, new product introductions, and overall professionalism helps us grow our business. We are proud of our association with Mouser, and we are very pleased to present them with these important awards of recognition." "We are greatly honored by this acknowledgment from Vishay Intertechnology," said Eric Wendt, Vice President of Supplier Management at Mouser Electronics. "Design engineers around the world count on Vishay components for their latest designs. We take great pride in providing the newest Vishay products for all stages of the design process." Over the last decade, Mouser has received numerous awards from Vishay, including 2023, 2022, 2021 and 2018 High Service (Catalog) Distributor of the Year (DoY); 2023, 2022, 2021, 2018 and 2017 Semiconductor High Service DoY; and the 2020 and 2019 Americas Passives High Service DoY; and 2015 North American High Service DoY. Mouser's Europe team has received the High Service DoY for Europe Award 2013 through 2016, 2018, 2019, 2021, 2022, and 2024. With more than 400,000 Vishay parts available to order, including over 70,000 in stock and ready to ship, Mouser offers a wide selection of the manufacturer's newest products, from discrete semiconductors such as diodes, MOSFETs and infrared optoelectronics to passive electronic components such as resistors, inductors and capacitors. To learn more about the vast selection of Vishay products available at Mouser Electronics, visit For more Mouser news and our latest new product introductions, visit As a global authorized distributor, Mouser offers the widest selection of the newest semiconductors, electronic components and industrial automation products. Mouser's customers can expect 100% certified, genuine products that are fully traceable from each of its manufacturer partners. To help speed customers' designs, Mouser's website hosts an extensive library of technical resources, including a Technical Resource Center, along with product data sheets, supplier-specific reference designs, application notes, technical design information, engineering tools and other helpful information. Engineers can stay abreast of today's exciting product, technology and application news through Mouser's complimentary e-newsletter. Mouser's email news and reference subscriptions are customizable to the unique and changing project needs of customers and subscribers. No other distributor gives engineers this much customization and control over the information they receive. Learn about emerging technologies, product trends and more by signing up today at About Mouser Electronics Mouser Electronics is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor's website, is available in multiple languages and currencies and features more than 6.8 million products from over 1,200 manufacturer brands. Mouser offers 28 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 650,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit About Vishay Vishay manufactures one of the world's largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech. ® Trademarks Mouser and Mouser Electronics are registered trademarks of Mouser Electronics, Inc. All other products, logos, and company names mentioned herein may be trademarks of their respective owners.

VSH Q1 Earnings Call: Guidance Rises on AI and Industrial Demand, Tariff Impacts Limited
VSH Q1 Earnings Call: Guidance Rises on AI and Industrial Demand, Tariff Impacts Limited

Yahoo

time11-06-2025

  • Business
  • Yahoo

VSH Q1 Earnings Call: Guidance Rises on AI and Industrial Demand, Tariff Impacts Limited

Semiconductor manufacturer Vishay Intertechnology (NYSE:VSH) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 4.2% year on year to $715.2 million. On the other hand, next quarter's outlook exceeded expectations with revenue guided to $760 million at the midpoint, or 0.8% above analysts' estimates. Its non-GAAP loss of $0.03 per share was in line with analysts' consensus estimates. Is now the time to buy VSH? Find out in our full research report (it's free). Revenue: $715.2 million vs analyst estimates of $719.2 million (4.2% year-on-year decline, 0.6% miss) Adjusted EPS: -$0.03 vs analyst estimates of -$0.02 (in line) Revenue Guidance for Q2 CY2025 is $760 million at the midpoint, roughly in line with what analysts were expecting Operating Margin: 0.1%, down from 5.7% in the same quarter last year Inventory Days Outstanding: 112, up from 110 in the previous quarter Market Capitalization: $2.16 billion Vishay Intertechnology's first quarter was characterized by steady demand in key end markets and ongoing inventory normalization. CEO Joel Smejkal explained that while automotive revenues softened due to new OEM contract pricing and holiday-related factors in Asia, industrial demand rebounded in Europe and smart grid infrastructure projects drove new orders. The company also noted a sequential improvement in point-of-sale activity at distributors and a positive book-to-bill ratio, which Smejkal attributed to expanded SKU offerings and improved supply chain positioning. Management acknowledged that average selling prices declined due to annual negotiations, but maintained that broad-based demand signals are stabilizing. Looking ahead, Vishay Intertechnology's management expects second quarter growth to be driven by ongoing momentum in AI server and smart grid infrastructure markets, alongside incremental gains in distributor and industrial channels. Smejkal highlighted, 'We see the demand for Vishay products more in line with end market consumption than at any time in the past two years of inventory digestion.' CFO Dave McConnell detailed that tariff-related revenue will be offset by minimal gross margin impact due to established pass-through processes. The company remains focused on capacity expansion, particularly in high-growth areas like silicon carbide and automotive-grade products, while remaining attentive to evolving geopolitical and supply chain dynamics. Management cited improved order intake in industrial, smart grid, and AI segments, while addressing the ongoing impacts of tariffs and pricing negotiations. Industrial and Smart Grid Momentum: Vishay saw stronger industrial demand, especially in Europe, with new wins in smart grid projects and the company's first U.S. high-voltage DC power transmission program. These long-term infrastructure projects are expected to provide stable demand regardless of short-term economic fluctuations. AI Segment Growth: Shipments for AI server and power management components more than doubled from the previous quarter, with design activity expanding to edge servers, optical modules, and graphics cards. Management stressed that relationships with contract manufacturers in Asia are helping Vishay gain share in this fast-evolving segment. Automotive and Aerospace Trends: Automotive revenues declined due to lower pricing in new OEM contracts and the Chinese New Year holiday, yet underlying electronic content growth in hybrid and EV platforms remains a tailwind. Aerospace and defense orders softened sequentially as distributors managed inventory, but design activity continues in next-generation military and satellite systems. Tariff Impact Limited: New tariffs primarily affected a small portion of sales, with less than 4% of consolidated sales exposed to China-origin products sold into the U.S. The company's global manufacturing footprint allows flexible sourcing, and tariff surcharges are being passed through to customers with minimal impact on gross profit. Distribution Channel Strategy: Vishay continued to add SKUs for distribution partners, supporting improved point-of-sale growth and inventory reductions in Europe and the Americas. The company is leveraging its expanded catalog to re-engage inactive customers and position itself for future share gains. Vishay's outlook is anchored in expected demand from AI, industrial infrastructure, and ongoing capacity expansion, but tempered by tariff pass-throughs and cost pressures. AI and Infrastructure Demand: The company anticipates continued strength in AI server components and smart grid infrastructure projects, which management believes will support sequential revenue growth and improved backlog visibility into the second half of the year. Capacity Expansion Initiatives: Vishay is increasing investment in capacity, especially for silicon carbide products and automotive-grade components, aiming to support customer growth and win new design slots. The Newport facility and other global sites are expected to ramp utilization, though management cautions that gross margin neutrality at Newport is not expected until the first half of next year. Tariffs and Cost Management: Despite higher tariffs on China-origin passives and semiconductors, management expects limited direct impact due to flexible sourcing and established pass-through mechanisms. However, input cost inflation and annual OEM pricing resets remain margin headwinds, with some cost reductions only partially realized in the near term. In upcoming quarters, the StockStory team will be watching (1) the ramp-up and utilization progress at Vishay's Newport facility and its impact on margins, (2) sustained order visibility in AI and smart grid segments, and (3) the effectiveness of ongoing SKU expansion and distribution engagement. Additionally, we will track how the company manages input cost pressures and tariff-related sourcing, as well as progress on silicon carbide product launches. Vishay Intertechnology currently trades at a forward EV-to-EBITDA ratio of 7.7×. Should you double down or take your chips? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.

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