Vishay Intertechnology, Inc. - VSH STOCK NEWS

Immersion Corporation (NASDAQ: IMMR) reported strong financial results for Q4 2022, with a GAAP net income of $19.7 million, equating to $0.60 per diluted share, compared to $1.3 million, or $0.04 per diluted share, in Q4 2021. Total revenues reached $9.2 million, slightly down from $9.7 million year-over-year. For the full year 2022, revenues grew to $38.5 million, up from $35.1 million in 2021. The company also declared a quarterly dividend of $0.03 per share and a one-time special dividend of $0.10. Immersion executed a licensing agreement with Vishay Intertechnology (NYSE: VSH) and renewed a multi-year license with Dongwoon Anatech.

Vishay Intertechnology (NYSE: VSH has declared a cash dividend of $0.10 per share on its common and Class B stock. This dividend will be distributed on March 30, 2023, to shareholders on record by the close of business on March 17, 2023. Future dividends are subject to board approval. Vishay is a leading manufacturer of discrete semiconductors and passive components, serving diverse markets including automotive and telecommunications.

Vishay Intertechnology (NYSE: VSH) will showcase its innovative power electronic components at ELECRAMA 2023 from February 18-22 in Greater Noida, India. The company plans to exhibit its ESTA power electronic capacitors and LVAC power capacitors at booth H16B3. Demonstrations will cover applications in automotive, industrial, renewables, and e-mobility sectors, featuring technologies like WSL Power Metal Strip resistors and EDLC ENYCAP™ energy storage. Vishay aims to highlight solutions for current sensing, pulse load applications, micro UPS, and electric vehicle charging systems, showcasing its role in advancing modern electrical solutions.

Vishay Intertechnology has launched the 172 RLX series of low impedance Automotive Grade miniature aluminum electrolytic capacitors, designed to enhance performance in compact sizes. These AEC-Q200 qualified capacitors offer up to 54% higher ripple current compared to previous models, with values reaching 4.9 A. The capacitors feature a wide capacitance range from 150 µF to 15,000 µF and operate at temperatures up to +105 °C, with lifetimes extending to 10,000 hours. Applications include power supplies, converters, and automotive systems. Samples and production quantities are available now, with an eight-week lead time.

Vishay Intertechnology (NYSE: VSH) reported its fourth-quarter and full-year 2022 results, highlighting revenues of $855.3 million for Q4, down 7.5% from Q3 but up 1.5% year-over-year. The GAAP EPS for Q4 was $0.51, while the adjusted EPS was $0.69. For fiscal 2022, capex totaled $325.3 million, and free cash flow reached $160.2 million. The company returned $140.2 million to stockholders, representing 87.5% of free cash flow. Looking ahead, Vishay anticipates Q1 2023 revenues between $825 million and $865 million, with a gross margin of approximately 28%. CEO Joel Smejkal emphasized plans to leverage growth in electrification trends.

Vishay Intertechnology has announced a new series of automotive-grade vPolyTan™ surface-mount polymer tantalum molded chip capacitors, the T51 series. These devices, AEC-Q200 qualified, provide enhanced performance in extreme conditions, featuring a low ESR ranging from 40 mΩ to 120 mΩ and operational temperatures up to +125 °C. The devices come in compact D and V case sizes with capacitance values from 6.8 µF to 330 µF and voltage ratings from 2.5 V to 35 V. With a robust design, these capacitors are ideal for automotive applications, including ADAS and infotainment systems. Samples and production quantities are currently available with a lead time of 20 weeks.

Vishay Intertechnology has launched two new 30 V symmetric dual n-channel power MOSFETs, the SiZF5300DT and SiZF5302DT, designed for power conversion in computing and telecom applications. These MOSFETs offer significant space savings, requiring 63% less PCB area compared to previous models, and are 50% more efficient than discrete solutions in their PowerPAK package. With an ultra-low on-resistance, they achieve 98% efficiency at 100 W. Leveraging Gen V technology, the MOSFETs are ideal for synchronous buck converters and other high-frequency applications. They are RoHS-compliant and available for sampling now.

Vishay Intertechnology, Inc. (NYSE: VSH) has launched two new 1 A rectifiers in its Gen 7 platform, designed for industrial and automotive applications. These 1200 V FRED Pt® Hyperfast rectifiers, VS-E7MH0112-M3 and automotive-grade VS-E7MH0112HM3, feature a rapid recovery time of 75 ns and a low reverse recovery charge of 150 nC. Notably, their forward voltage drop of 1.10 V is 10% lower than competitors, accompanied by a 50% reduction in parasitic capacitance. These devices enhance efficiency in AC/DC and DC/DC converters and are ideal for various applications, including electric vehicle chargers and industrial LED circuitry. Samples are available now with a 20-week lead time.

MALVERN, Pa., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) will announce its fiscal fourth quarter and annual results for the year ending December 31, 2022, before the market opens on February 8, 2023. A conference call to discuss these results is scheduled for the same day at 9:00 a.m. ET, accessible via dial-in at 877-407-0989 (or +1 201-389-0921 internationally) with access code 13734859. The call will be available for replay until February 22, 2023. Investors can access the live audio webcast and the press release on the Investor Relations section of Vishay's website.