MALVERN, Pa. - Vishay Intertechnology, Inc. (NYSE:VSH), a global manufacturer of discrete semiconductors and passive electronic components with a market capitalization of $2.45 billion, has announced an expansion of the resistance range for its AEC-Q200 qualified thin film MELF resistors, which are now available with enhanced precision features.
The expanded product line includes the Vishay Beyschlag MMU 0102, MMA 0204, and MMB 0207 resistors, which offer low Temperature Coefficient of Resistance (TCR) down to ± 15 parts per million per Kelvin (ppm/K), tight tolerances down to ± 0.1%, and high resistance values up to 10 megaohms (MΩ). These specifications signify a substantial improvement over previous models, particularly with the MMA 0204, which now provides a resistance ten times higher than its predecessor at the same TCR and tolerance. According to InvestingPro data, Vishay maintains strong financial health with a current ratio of 2.81, indicating robust operational capability.
The improved resistors are designed to cater to the demands of applications requiring high stability and reliability, such as automotive Advanced Driver-Assistance Systems (ADAS), LIDAR, connectivity, camera systems, as well as in telecommunications, industrial, and medical equipment. These components are intended to simplify design and reduce costs by allowing a single high-value resistor to replace multiple lower-value resistors in series.
Constructed with advanced metal film technology, the resistors boast robust design, intrinsic sulfur resistance, and stability that surpasses stability class 0.05. They are also suitable for automatic Surface-Mount Device (SMD) assembly systems and are compliant with RoHS, halogen-free, and Vishay Green standards.
Samples and production quantities are available with a lead time of 12 weeks. Vishay's extensive portfolio serves a wide range of sectors, including automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. The company is a Fortune 1000 entity, traded on the NYSE under the ticker VSH.
This announcement is based on a press release statement from Vishay Intertechnology, Inc. The company's claims about the enhanced performance and precision of its expanded resistor range reflect its latest offerings in the market.
In other recent news, Vishay Intertechnology has been making significant strides in its operations. JPMorgan (NYSE:JPM) initiated coverage on Vishay with a Neutral rating, acknowledging the company's strong positioning in the semiconductor cycle recovery and the increasing trend of electronic content in automotive and industrial applications. Vishay also announced the launch of a new solid-state relay for industrial use, further expanding its robust product portfolio.
The company has been identified as a significant beneficiary within Nvidia (NASDAQ:NVDA)'s supply chain for AI servers and the upcoming RTX 50 series graphics cards. Vishay is set to commence mass production as a new DrMOS supplier for Nvidia's anticipated RTX 50 series graphics cards in 2025.
In terms of financial moves, Vishay has adjusted the conversion rates for its convertible senior notes and authorized the repurchase of an additional 3.0 million shares of common stock. The company declared a dividend of $0.10 per share, payable to shareholders on record as of a recent date.
Finally, despite facing challenges such as inventory destocking and sluggish demand, Vishay reported a stable third-quarter revenue of $735.4 million. These are recent developments that reflect Vishay's commitment to its long-term strategy and growth-focused approach.
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