Vishay Intertechnology
Encyclopedia
Vishay Intertechnology, Inc. (NYSE: VSH), is one of the world's largest manufacturers of discrete semiconductor
Semiconductor
A semiconductor is a material with electrical conductivity due to electron flow intermediate in magnitude between that of a conductor and an insulator. This means a conductivity roughly in the range of 103 to 10−8 siemens per centimeter...

s and passive electronic components. Vishay has manufacturing plants in Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

, Asia, Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

, and the Americas
Americas
The Americas, or America , are lands in the Western hemisphere, also known as the New World. In English, the plural form the Americas is often used to refer to the landmasses of North America and South America with their associated islands and regions, while the singular form America is primarily...

 where it produces rectifiers, diodes, MOSFETs, optoelectronics
Optoelectronics
Optoelectronics is the study and application of electronic devices that source, detect and control light, usually considered a sub-field of photonics. In this context, light often includes invisible forms of radiation such as gamma rays, X-rays, ultraviolet and infrared, in addition to visible light...

, selected integrated circuit
Integrated circuit
An integrated circuit or monolithic integrated circuit is an electronic circuit manufactured by the patterned diffusion of trace elements into the surface of a thin substrate of semiconductor material...

s, resistors, capacitors, and inductors. Vishay Intertechnology revenues for 2010 were $2.725 billion. As of December 31, 2010, Vishay Intertechnology had over 22,000 full-time employees.

History

Vishay Intertechnology was founded in 1962 by Dr. Felix Zandman
Felix Zandman
Dr. Felix Zandman, Ph.D. was the founder and chief technology officer of Vishay Intertechnology – one of the world's largest providers of electronic components. From 1946 to 1949 he studied in France at the University of Nancy physics and engineering...

. It began operations with a patent
Patent
A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of an invention....

ed technology that had two product lines: foil resistors and foil resistance strain gages. In 1985, having grown from a start-up into the world's leading manufacturer of these original products, the company began an ongoing series of acquisitions to become a broadline manufacturer of electronics components.

Having expanded into so many product lines, Vishay announced in October 2009 that it would be creating a spin off company which focuses on their high precision technologies in Foil Technology. Vishay Precision Group represents approximately 9% of Vishay annual revenue, and included their product lines in Bulk Metal Foil Resistors, micro-measurements, load cells, process weighing, and on-board weighing . In July 2010, Vishay Intertechnology completed the spin-off of Vishay Precision Group (VPG).

Since 1985, Vishay has pursued a business strategy that principally consists of the following elements: expanding within the electronic components industry, primarily through the acquisition of other manufacturers of electronic components; reducing expenses; transferring manufacturing operations to countries with lower labor costs and government-sponsored incentives; maintaining significant production facilities in regions where Vishay markets the bulk of its products; continually rolling out new products; and strengthening relationships with customers and strategic partners. As a result of this strategy, Vishay has grown from a small manufacturer of precision resistors and resistance strain gages to one of the world’s largest manufacturers and suppliers of a broad line of electronic components.
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