Vishay Intertechnology, Inc. (VSH): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No mundo dinâmico dos componentes eletrônicos, Vishay Intertechnology, Inc. (VSH) se destaca como uma potência tecnológica, transformando inovações complexas de semicondutores em soluções críticas que alimentam as indústrias de automotivo ao aeroespacial. Com um modelo de negócios sofisticado que combina pesquisas de ponta, parcerias globais estratégicas e engenharia de precisão, Vishay se posicionou como um facilitador crítico do avanço tecnológico em vários setores. Sua abordagem única para projetar componentes eletrônicos de alto desempenho revela um plano estratégico que vai muito além da fabricação tradicional, oferecendo soluções personalizadas que impulsionam a inovação e a confiabilidade em um mercado global cada vez mais interconectado.

Vishay Intertechnology, Inc. (VSH) - Modelo de negócios: Parcerias -chave

Fornecedores estratégicos de componentes eletrônicos e matérias -primas

Vishay Intertechnology mantém parcerias críticas com fornecedores especializados de componentes eletrônicos:

Categoria de fornecedores	Número de parceiros estratégicos	Valor anual de compras
Materiais semicondutores	12	US $ 287,6 milhões
Fornecedores de metal de terras raras	5	US $ 73,4 milhões
Fabricantes de fios de cobre	8	US $ 129,5 milhões

Colaborações de fabricantes de equipamentos originais (OEMs)

Vishay faz parceria com os principais OEMs em vários setores:

• Parceiros do setor automotivo: 37 fabricantes
• Fabricantes de equipamentos industriais: 24 empresas
• Provedores de equipamentos de telecomunicações: 16 empresas globais

Colaborações de pesquisa e desenvolvimento

Universidade/Instituição de Pesquisa	Foco de colaboração	Investimento anual de P&D
Instituto de Tecnologia de Massachusetts	Inovação de semicondutores	US $ 4,2 milhões
Universidade de Stanford	Pesquisa avançada de materiais	US $ 3,7 milhões
Universidade Técnica de Munique	Design de componentes eletrônicos	US $ 2,9 milhões

Fabricantes contratados

Vishay se envolve com fabricantes de contratos especializados:

• Parceiros de fabricação de contratos totais: 22
• Distribuição geográfica:
  • Ásia-Pacífico: 12 parceiros
  • América do Norte: 6 parceiros
  • Europa: 4 parceiros

Parceiros de distribuição global

Região	Número de parceiros de distribuição	Receita anual de distribuição
América do Norte	43	US $ 276,5 milhões
Europa	38	US $ 241,3 milhões
Ásia-Pacífico	52	US $ 329,7 milhões

Vishay Intertechnology, Inc. (VSH) - Modelo de negócios: Atividades -chave

Projetar e fabricar de semicondutores discretos e componentes eletrônicos passivos

Vishay Intertechnology produz uma ampla gama de componentes eletrônicos com a seguinte quebra de fabricação:

Categoria de componente	Volume anual de produção	Locais de fabricação
Semicondutores discretos	3,2 bilhões de unidades	Israel, EUA, China, Alemanha
Componentes eletrônicos passivos	2,8 bilhões de unidades	Filipinas, República Tcheca, EUA

Pesquisa e desenvolvimento de tecnologias eletrônicas avançadas

Detalhes do investimento em P&D:

• Despesas anuais de P&D: US $ 189,4 milhões
• Pessoal de P&D: 785 engenheiros
• Registros de patentes: 42 novas patentes em 2023

Controle de qualidade e engenharia de precisão

Métrica de qualidade	Desempenho
Taxa de defeito	0.02%
Certificações ISO	ISO 9001: 2015, IATF 16949

Otimização global de fabricação e produção

Recursos de fabricação:

• Total de instalações de fabricação: 15 sites globais
• Capacidade de produção: 6,5 bilhões de componentes eletrônicos anualmente
• Países manufatureiros: 7 países em 3 continentes

Inovação contínua de produtos e avanço tecnológico

Métricas de inovação:

Indicador de inovação	2023 dados
Apresentações de novos produtos	87 novos designs de componentes eletrônicos
Porcentagem de investimento em tecnologia	7,2% da receita anual

Vishay Intertechnology, Inc. (VSH) - Modelo de negócios: Recursos -chave

Portfólio de propriedade intelectual extensa

A partir de 2023, Vishay Intertechnology detém 1.246 patentes ativas em vários domínios de tecnologia.

Categoria de patentes	Número de patentes
Tecnologias de semicondutores	578
Tecnologias de componentes passivos	412
Tecnologias de componentes discretos	256

Instalações de fabricação avançadas

Vishay opera 25 instalações de fabricação em 8 países.

Região	Número de instalações
Estados Unidos	7
China	6
Israel	4
Europa	5
Outras regiões	3

Força de trabalho altamente qualificada

Contagem total de funcionários a partir de 2023: 4.721 funcionários.

• Força de trabalho de engenharia: 1.356 funcionários
• Pessoal de P&D: 612 funcionários
• Equipe de manufatura: 2.153 funcionários
• Equipe administrativa e de suporte: 600 funcionários

Capacidades de pesquisa e desenvolvimento

Investimento de P&D em 2023: US $ 187,4 milhões, representando 4,6% da receita total.

Área de foco em P&D	Investimento anual
Pesquisa de semicondutores	US $ 82,1 milhões
Inovação de componentes passivos	US $ 65,3 milhões
Desenvolvimento de componentes discretos	US $ 40,0 milhões

Infraestrutura de gerenciamento da cadeia de suprimentos

Gastos anuais de compras: US $ 2,3 bilhões.

• Número de fornecedores estratégicos: 214
• Distribuição de fornecedores geográficos:
  • Ásia: 52%
  • América do Norte: 28%
  • Europa: 18%
  • Outras regiões: 2%

Vishay Intertechnology, Inc. (VSH) - Modelo de Negócios: Proposições de Valor

Componentes eletrônicos de alto desempenho com confiabilidade superior

A partir do quarto trimestre 2023, Vishay Intertechnology relatou as seguintes métricas de confiabilidade:

Tipo de componente	Taxa de confiabilidade	Tempo médio entre falhas (MTBF)
Resistores	99.97%	250.000 horas
Capacitores	99.95%	225.000 horas
Semicondutores	99.99%	275.000 horas

Ampla gama de soluções eletrônicas semicondutores e passivas especializadas

Breakdown do portfólio de produtos para 2023:

• Resistores: 38% da linha total de produtos
• Semicondutores: 29% da linha total de produtos
• Capacitores: 18% da linha total de produtos
• Componentes discretos: 15% da linha total de produtos

Ofertas de produtos econômicas e tecnologicamente avançadas

Métricas de eficiência de custo para 2023:

Métrica	Valor
Redução de custos de fabricação	12.5%
Investimento em P&D	US $ 243 milhões
Custo por componente	$0.037

Componentes eletrônicos personalizados para requisitos específicos da indústria

Redução de personalização específica do setor:

• Automotivo: 35% das soluções personalizadas
• Industrial: 25% das soluções personalizadas
• Telecomunicações: 20% das soluções personalizadas
• Médico: 12% das soluções personalizadas
• Aeroespacial: 8% das soluções personalizadas

Durabilidade do produto de longo prazo e qualidade consistente

Métricas de garantia de qualidade para 2023:

Métrica de qualidade	Desempenho
Garantia de vida útil do produto	10 anos
Taxa de defeito	0.03%
Taxa de retorno do cliente	0.05%

Vishay Intertechnology, Inc. (VSH) - Modelo de Negócios: Relacionamentos do Cliente

Suporte técnico e consulta de engenharia

Vishay mantém uma equipe de suporte técnico dedicado com os seguintes recursos:

Canal de suporte	Tempo de resposta	Cobertura
Suporte telefônico	Dentro de 4 horas	Assistência Técnica Global
Suporte por e -mail	Janela de resposta 24 horas	Consulta mundial de engenharia
Suporte técnico no local	Implantação de 72 horas	Principais regiões de fabricação global

Abordagem de parceria de longo prazo

A estratégia de relacionamento com o cliente de Vishay se concentra no engajamento estratégico:

• 87% da receita derivada de clientes recorrentes
• Duração média do relacionamento do cliente: 12,5 anos
• Parcerias estratégicas com os 50 principais fabricantes de eletrônicos

Gerenciamento de conta dedicado

Camada de cliente	Gerentes de conta dedicados	Limite anual de receita
Platina	1: 1 gerente dedicado	US $ 50 milhões+
Ouro	1: 2 Gerente compartilhado	US $ 10-50 milhões
Padrão	Suporte de grupo	Abaixo de US $ 10 milhões

Recursos técnicos online

A infraestrutura de suporte digital inclui:

• 3.500 mais de dados de dados para download do produto para download
• 250+ Notas de aplicação técnica
• 24/7 portal de documentação de produto online acessível

Responsabilidade do atendimento ao cliente

Métrica de serviço	Padrão de desempenho	Desempenho real
Tempo de resolução de problemas	48 horas	36,2 horas em média
Classificação de satisfação do cliente	90%+	92,7% em 2023
Escalada de problemas técnicos	24 horas no máximo	18,5 horas em média

Vishay Intertechnology, Inc. (VSH) - Modelo de Negócios: Canais

Equipe de vendas diretas para grandes clientes industriais

Vishay mantém uma força de vendas direta de 482 profissionais de vendas a partir do quarto trimestre 2023, visando grandes clientes industriais em vários setores.

Segmento de canal de vendas	Número de representantes de vendas	Cobertura geográfica
América do Norte	187	Estados Unidos e Canadá
Europa	146	Países da União Europeia
Ásia -Pacífico	149	China, Japão, Coréia do Sul

Plataformas online de comércio eletrônico

A Vishay opera canais de vendas digitais com US $ 214 milhões em vendas de componentes on -line durante 2023.

• Plataforma primária de comércio eletrônico: vishay.com/sales
• Volume de transação digital: 42.567 pedidos online
• Valor médio do pedido on -line: $ 5.023

Distribuidores de componentes eletrônicos

Vishay colabora com 127 distribuidores de componentes eletrônicos autorizados globalmente.

Região do distribuidor	Número de distribuidores	Receita anual de distribuição
América do Norte	38	US $ 386 milhões
Europa	45	US $ 412 milhões
Ásia -Pacífico	44	US $ 529 milhões

Feiras e conferências do setor

Vishay participou de 37 feiras internacionais durante 2023, gerando US $ 76 milhões em oportunidades diretas de vendas.

• Conferências comparecidas: 12 principais conferências eletrônicas
• Interações com rede total de conferências: 2.345 clientes em potencial
• Taxa média de conversão de chumbo: 18,3%

Plataformas de marketing digital e comunicação técnica

Vishay investiu US $ 4,2 milhões em canais de marketing digital em 2023.

Canal digital	Métricas anuais de engajamento	Gasto de marketing
LinkedIn	327.000 seguidores	US $ 1,1 milhão
Webinars técnicos	42 webinars, 18.500 participantes	US $ 1,3 milhão
Plataformas de documentação técnica	1,2 milhão de downloads de documentos	US $ 1,8 milhão

Vishay Intertechnology, Inc. (VSH) - Modelo de negócios: segmentos de clientes

Fabricantes de eletrônicos automotivos

A Vishay serve fabricantes de eletrônicos automotivos com soluções de componentes específicas.

Métricas de segmento	2023 dados
Receita eletrônica automotiva	US $ 412,6 milhões
Participação de mercado em componentes automotivos	7.3%
Número de clientes automotivos	87 fabricantes globais

Produtores de equipamentos industriais

Vishay fornece componentes eletrônicos especializados para fabricação industrial.

• Soluções de gerenciamento de energia
• Tecnologias de sensores
• Componentes semicondutores discretos

Métricas de segmento industrial	2023 dados
Receita eletrônica industrial	US $ 356,9 milhões
Clientes globais de equipamentos industriais	124 fabricantes

Empresas de infraestrutura de telecomunicações

O Vishay suporta infraestrutura de telecomunicações com componentes eletrônicos avançados.

Métricas de segmento de telecomunicações	2023 dados
Receita de telecomunicações	US $ 287,4 milhões
Vendas de componentes de infraestrutura 5G	US $ 93,2 milhões

Fabricantes de eletrônicos de consumo

Vishay fornece componentes eletrônicos para a produção de eletrônicos de consumo.

• Componentes passivos
• Semicondutores discretos
• Dispositivos optoeletrônicos

Métricas de eletrônicos de consumo	2023 dados
Receita eletrônica de consumo	US $ 276,8 milhões
Número de clientes eletrônicos de consumo	62 fabricantes

Empresas de tecnologia aeroespacial e de defesa

O Vishay fornece componentes eletrônicos de alta confiabilidade para aplicações aeroespaciais e de defesa.

Métricas de segmento aeroespacial/defesa	2023 dados
Receita aeroespacial e de defesa	US $ 203,5 milhões
Componentes qualificados militares	47 linhas de produtos diferentes
Clientes de tecnologia de defesa	39 empresas globais

Vishay Intertechnology, Inc. (VSH) - Modelo de negócios: estrutura de custos

Investimentos de pesquisa e desenvolvimento

Para o ano fiscal de 2022, Vishay Intertechnology registrou despesas de P&D de US $ 154,5 milhões, representando aproximadamente 4,3% da receita total.

Ano	Despesas de P&D	Porcentagem de receita
2022	US $ 154,5 milhões	4.3%
2021	US $ 146,2 milhões	4.1%

Despesas operacionais globais de fabricação

As despesas operacionais totais de fabricação para 2022 foram de US $ 1,26 bilhão, incluindo custos entre as instalações nos Estados Unidos, China, Israel e Europa.

• Instalações de fabricação dos Estados Unidos: US $ 387 milhões
• Instalações de fabricação da China: US $ 412 milhões
• Instalações de fabricação de Israel: US $ 226 milhões
• Instalações de fabricação européia: US $ 235 milhões

Custos de aquisição de matéria -prima

Os custos de aquisição de matéria -prima para 2022 totalizaram US $ 1,42 bilhão, representando 39,6% da receita total.

Categoria de material	Custo anual de compras
Materiais semicondutores	US $ 642 milhões
Componentes metálicos	US $ 458 milhões
Componentes eletrônicos	US $ 320 milhões

Compensação e treinamento da força de trabalho

As despesas totais da força de trabalho em 2022 foram de US $ 892 milhões, incluindo salários, benefícios e programas de treinamento.

• Total de funcionário de funcionários: 22.400
• Salário médio anual: US $ 39.821
• Orçamento de treinamento e desenvolvimento: US $ 18,6 milhões

Infraestrutura e manutenção de tecnologia

As despesas de infraestrutura e manutenção de tecnologia em 2022 totalizaram US $ 127,3 milhões.

Categoria de infraestrutura	Despesa anual
Sistemas de TI	US $ 58,2 milhões
Manutenção de equipamentos de fabricação	US $ 46,5 milhões
Infraestrutura de rede e comunicação	US $ 22,6 milhões

Vishay Intertechnology, Inc. (VSH) - Modelo de negócios: fluxos de receita

Vendas de semicondutores discretos

Receita de semicondutores discretos da Vishay Intertechnology para o ano fiscal de 2023: US $ 1,32 bilhão

Categoria de produto	Receita ($ m)	Quota de mercado (%)
Diodos	458.6	12.3
Transistores	392.4	10.5
MOSFETS	469.2	13.7

Receitas de componentes eletrônicos passivos

Receita total de componentes eletrônicos passivos em 2023: US $ 987,5 milhões

• Resistores: US $ 342,6 milhões
• Capacitores: US $ 276,9 milhões
• Indutores: US $ 368 milhões

Soluções de engenharia personalizadas

Receita de soluções de engenharia personalizada para 2023: US $ 215,4 milhões

Segmento da indústria	Receita ($ m)
Automotivo	89.7
Industrial	67.3
Telecomunicações	58.4

Licenciamento de inovações tecnológicas

Receita de licenciamento para 2023: US $ 42,6 milhões

Vendas globais no mercado em vários setores

Receita total de vendas globais em 2023: US $ 2,56 bilhões

Região geográfica	Receita ($ m)	Porcentagem (%)
América do Norte	742.4	29
Europa	615.3	24
Ásia -Pacífico	1,202.3	47

Vishay Intertechnology, Inc. (VSH) - Canvas Business Model: Value Propositions

You're looking at the core reasons why customers choose Vishay Intertechnology, Inc. (VSH) over competitors, especially as the market for high-reliability electronics heats up. It's not just about selling parts; it's about being the essential partner for complex designs.

Single-source supplier for a broad line of essential electronic components

Vishay Intertechnology, Inc. positions itself as one of the world's largest manufacturers of discrete semiconductors and passive electronic components. This breadth means they can cover a significant portion of a customer's needs from one vendor. For instance, the company claims the ability to provide approximately 80% of the Bill of Materials (BOM) specifically in power applications. This comprehensive offering simplifies procurement and integration for design engineers.

The product portfolio is strategically segmented, showing a clear focus on high-value areas:

Product Category	Percentage of Revenue (Q2 2025)
Custom Products	49%
Commodity Products	27%
Certified Products	24%

The trailing twelve months (TTM) revenue as of late 2025 stood at $2.98 Billion USD, demonstrating the scale at which this broad portfolio operates.

High-quality, reliable components for mission-critical applications (e.g., medical, military)

Reliability is non-negotiable when you're supplying components for sensitive systems. Vishay Intertechnology, Inc. components are used in virtually all types of electronic devices, specifically targeting the industrial, automotive, medical, and military/aerospace markets. The focus on these demanding sectors underscores the value placed on component quality and longevity. For example, the company is supplying components for aerospace, defense projects, and automotive programs.

This commitment to high-reliability is supported by operational milestones, such as the certification of a new factory in Mexico to the IATF 16949:2016 standard on December 2, 2025. The third quarter of 2025 revenue of $790.6 million was achieved while serving these critical end-markets.

Innovation in high-efficiency power solutions for EV and AI infrastructure

Vishay Intertechnology, Inc. is actively aligning its innovation pipeline with the highest-growth areas in modern electronics, particularly power management. The Q3 2025 revenue growth specifically demonstrates alignment with AI related power requirements, smart grid infrastructure, and automotive needs. The company is focused on enabling these systems through advanced component technology.

Concrete examples of this innovation include:

• Releasing three new silicon carbide MOSFET products.
• Planning further platform launches for industrial and automotive applications in Q4 and Q1.
• Releasing a 1500 V 1 Form A Solid-State Relay for 800 V Battery Monitoring Systems.

The ramp in AI demand is significant; shipments for AI-related components more than doubled versus Q4 2024, driven by leveraging power component positions like MOSFETs, diodes, and inductors.

Custom product design and engineering support (representing 49% of revenue)

This is a major differentiator. Custom solutions are the largest revenue driver for Vishay Intertechnology, Inc., making up 49% of total revenue as of Q2 2025. This isn't just about off-the-shelf sales; it's about deep engineering collaboration. The company works with chipset partners and Contract Manufacturers (CMs) using reference designs to place a greater percentage of Vishay components on the board. This high percentage confirms that a significant portion of the business is built on tailored, value-added engineering services, not just commodity sales.

Supply chain resilience via a multi-location, global production base

To support the high-growth markets and the need for reliable delivery, Vishay Intertechnology, Inc. has heavily invested in its production base. The CEO noted that heavy investments in capacity expansion over the past three years are enabling the company to reliably meet quick turn delivery requirements. This global footprint supports the ability to serve regions like Asia, which contributed 42% of total revenue in Q2 2025.

The company is actively expanding this base. For example, a new factory in Mexico achieved IATF 16949:2016 certification in December 2025. Furthermore, the book-to-bill ratio for passive components stood at 1.06 in Q2 2025, indicating that orders are outpacing shipments in that segment, a sign of healthy demand being met by production capacity.

Finance: draft 13-week cash view by Friday.

Vishay Intertechnology, Inc. (VSH) - Canvas Business Model: Customer Relationships

You're looking at how Vishay Intertechnology, Inc. (VSH) keeps its component sales flowing, which really boils down to a mix of deep technical engagement and broad transactional reach. The company's core strategy here is to be the indispensable supplier, the one they call first for critical parts.

Dedicated technical support and design-in assistance via FAEs

Vishay Intertechnology maintains direct technical engagement, which is key for complex, high-reliability components. While specific Field Application Engineer (FAE) headcount isn't public, the focus on design-in success is clear in their stated goals. They actively work to create design opportunities that increase their print position at customers, targeting a significant share of the design specification.

• Targeting 80% of the bill of materials (BOM) in power applications for design-in wins.
• The company provides direct contact points for technical support across product categories.
• This support underpins their broad product line strategy, aiming for "one-stop shop" service for customers.

Strategic, long-term partnerships with key OEM customers

The relationship with major Original Equipment Manufacturers (OEMs) is built on serving high-growth, high-reliability markets. Vishay Intertechnology's strategy involves positioning itself for megatrends like electrification and data communications by expanding capacity for high-growth product lines. This long-term view is reflected in the performance of their key end markets as of Q2 2025.

Here's a look at the sequential revenue growth in key end markets during the second quarter of 2025:

End Market Segment	QoQ Revenue Increase (Q2 2025 vs Q1 2025)
Automotive	4%
Industrial	9%
Aerospace/Defense	5%

The company is actively working to re-engage previously underserved and inactive customers as part of these growth initiatives. They invested approximately $775 million over the past 2.5 years to add capacity specifically for these high-growth areas.

Transactional relationships managed through global distribution channels

A significant portion of Vishay Intertechnology's business flows through distribution, which handles more transactional, volume-based sales. This channel performed strongly in the first half of 2025, indicating healthy inventory replenishment and broader market acceptance.

The distribution channel's contribution to the overall business is substantial:

• Distribution channels contributed 56% of total revenue in Q2 2025.
• This channel saw 11% sequential growth and 5% year-over-year growth in Q2 2025.
• The distribution revenue increase was supported by adding nearly 50,000 SKUs to inventory to reduce channel inventory weeks.

Overall, the company's Q2 2025 revenue was $762.3 million, showing growth across all channels. The Trailing Twelve Month (TTM) revenue as of late 2025 stands at nearly $2.98 Billion USD.

Cross-selling initiatives to increase share of customer's bill of materials

Vishay Intertechnology leverages its broad portfolio-offering both discrete semiconductors and passive components-to drive deeper penetration within existing customer designs. This is the essence of cross-selling for them: getting more of their parts designed into a single system. They are focused on expanding their technology breadth to serve customer demand more fully. This effort is directly tied to their design-in goal, aiming to capture a larger percentage of the total component spend in key power applications.

Vishay Intertechnology, Inc. (VSH) - Canvas Business Model: Channels

You're looking at how Vishay Intertechnology, Inc. gets its components-from power MOSFETs to capacitors-into the hands of the engineers building the next generation of tech. The channel strategy is a mix of direct engagement and broad distribution.

Direct sales force to Original Equipment Manufacturers (OEMs) and EMS

Vishay Intertechnology, Inc. maintains a direct sales presence to reach large Original Equipment Manufacturers (OEMs) and Electronics Manufacturing Services (EMS) providers. This direct route is supported by dedicated staff, including direct field sales personnel and Field Application Engineers (FAEs). These FAEs, organized by market segment like automotive or industrial, bring specific knowledge to help customers design products using Vishay's entire portfolio. For instance, in the second quarter of 2025, the EMS channel saw a jump, with sales increasing by 13% sequentially, showing the direct engagement with high-volume manufacturers is working. The company's trailing twelve-month revenue as of September 30, 2025, stood at $2.98B, a significant portion of which is driven by these direct OEM/EMS relationships.

Global network of authorized catalogue and volume distributors

To cover the vast landscape of smaller customers and design-in opportunities, Vishay Intertechnology relies heavily on its global network of authorized distributors. This channel is crucial for broad market coverage. In the second quarter of 2025, the distribution channel contributed to the overall positive momentum, delivering growth. The company actively directs customers to its authorized partners via its website, listing options to Find a Distributor globally. This network helps Vishay serve its diverse customer base across industrial, computing, consumer, and medical markets.

Here's a look at the geographic scope and recent channel performance context:

Metric	Value/Detail	Reference Period/Context
Q2 2025 Revenue	$762 M	Fiscal Second Quarter Ended June 28, 2025
Distribution Channel Growth	Growth reported	Sequential growth in Q2 2025
EMS Channel Growth	13% increase	Sequential growth in Q2 2025
Manufacturing Footprint Regions	Israel, Asia, Europe, and the Americas	Indicates major market support presence
Sales Support Personnel Types	Direct field sales, independent manufacturers' representatives, and FAEs	Standard channel support structure

Online technical resources and design tools for engineers

Vishay Intertechnology supports its sales channels by providing extensive online resources aimed at the design engineer. The company maintains an Engineer's Toolbox and a Document Library on its website. These digital assets help engineers select components and integrate them into new designs, effectively acting as a self-service channel extension. You can find sections for Request Sample and check stock availability online, streamlining the early design-in process.

Regional sales offices supporting major markets (Asia, Europe, Americas)

The physical sales support structure mirrors the company's manufacturing footprint, ensuring localized support in key economic zones. Vishay Intertechnology has manufacturing plants located across Asia, Europe, and the Americas. This physical presence supports the regional sales offices that cater to major markets in those areas. The Q2 2025 results confirmed this strategy, showing growth across all regions, which suggests the localized sales and support teams are effectively managing demand, including the 2% positive foreign currency impact noted in the quarter.

Vishay Intertechnology, Inc. (VSH) - Canvas Business Model: Customer Segments

You're looking at the core markets Vishay Intertechnology, Inc. serves, which is where their $762.3 million in revenue for the second quarter of 2025 came from. The company noted growth across all end markets in that quarter, which contributed to a 7% sequential revenue increase.

The overall order health looks decent, with the book-to-bill ratio hitting 1.02 in Q2 2025, and the backlog standing at 4.6 months, representing about $1.2 billion in dollar terms.

Here is a look at the key customer areas Vishay Intertechnology focuses on:

Automotive sector (EVs, ADAS, hybrid vehicles)

This sector is a clear focus area, explicitly mentioned alongside smart grid and AI as a driver for growth. The company is positioning itself to capitalize on the electrification trend, which is supported by their recent product launches, such as the 1200 V SiC MOSFET power modules announced on December 3, 2025, designed for next-generation electric vehicles.

Industrial markets (smart grid, power supplies, factory automation)

The industrial segment showed a rebound, with management citing growth from the smart grid infrastructure sector. Order intake for smart grid projects more than doubled in Europe, and government spending in China and India is accelerating smart grid infrastructure. Vishay Intertechnology has deployed approximately $775 million since 2023 to expand capacity, with at least 70% of the planned $300 million to $350 million capital expenditure for 2025 dedicated to high-growth product lines, which certainly includes industrial power needs.

Computing and Data Centers (AI servers, power management)

Demand related to AI power applications is a significant tailwind, particularly in Asia. Vishay expects to win additional smart grid projects as customers address electricity demands in AI data centers. This segment is critical for the company's future revenue trajectory.

Telecommunications, Military, Aerospace, and Medical equipment manufacturers

These specialized, often higher-reliability markets remain a consistent base for Vishay Intertechnology's components. The company's components are essential for devices in these sectors. The CEO specifically highlighted aerospace and defense as one of the higher growth markets they are positioning for.

Electronic Manufacturing Services (EMS) providers globally

EMS customers are a key channel for Vishay Intertechnology. In Q2 2025, growth was delivered to EMS customers, and distribution revenues benefited from nearly 50,000 SKUs added to inventory, which helped reduce channel inventory weeks.

To give you a snapshot of the business health supporting these segments as of the second quarter of 2025, look at these figures:

Metric	Value (Q2 2025)	Context/Outlook
Total Revenue (TTM)	$2.98 Billion USD	Compared to $2.93 Billion USD in 2024.
Q2 2025 Revenue	$762.3 million	Sequential growth of 7%; Q3 2025 guidance is $775 million +/- $20 million.
Passive Components Book-to-Bill	1.06	Stronger than Semiconductors at 0.98.
Asia Revenue Share	42%	Up from 40% in Q1 2025, with 12% year-over-year growth.
Total Backlog	4.6 months	Represents approximately $1.2 billion in dollar terms.

The geographic mix shows where the immediate strength is coming from. Asia contributed 42% of total revenue in Q2 2025, showing 12% sequential and 12% year-over-year growth. The Americas saw 7% sequential growth but declined 2% year-over-year, while Europe was flat quarter-over-quarter and fell 3% year-over-year.

Vishay Intertechnology's components are fundamental to these markets, which is why they are investing heavily:

• Invested ~$775 million since 2023 to expand capacity.
• Planned 2025 capital expenditure is between $300,000,000 and $350,000,000.
• At least 70% of 2025 CapEx targets high-growth product lines.
• The company maintains a steady quarterly dividend of $0.10 per share.

Finance: draft 13-week cash view by Friday.

Vishay Intertechnology, Inc. (VSH) - Canvas Business Model: Cost Structure

You're looking at where Vishay Intertechnology, Inc. is spending its money to keep the lights on and drive future growth. The cost structure is heavily weighted toward capital investment right now, which makes sense given the market trends you're tracking.

The company is definitely in a high capital intensity phase due to its manufacturing and capacity expansion under the Vishay 3.0 plan. They targeted capital spending of $300 million to $350 million in 2025 for these projects. Honestly, 70% of that CapEx is specifically earmarked for high-growth product lines, which is a clear signal about where they see future margins. This aggressive spending means they expect negative free cash flow for 2025 because of these capacity build-outs. To give you context, the full year 2024 CapEx was $320.1 million.

Selling, General, and Administrative (SG&A) expenses are a major operating cost. For the full year 2025, the expectation is that SG&A will land between $540 million and $560 million, not counting a one-time benefit recognized in Q2. Looking at the quarterly cadence, Q3 2025 SG&A was guided around $138 million plus or minus $2 million. For comparison, Q2 2025 SG&A was reported at $127 million, which included an $11 million benefit from resolving an outstanding matter.

Cost of Goods Sold (COGS) is significant, driven by raw materials and the labor needed for manufacturing the components. Inventory levels show the material commitment; for instance, Raw materials inventory at the end of Q2 2025 was $235,898 thousand, up from $220,484 thousand in Q1 2025. The gross margin reflects these costs; for Q2 2025, the gross margin hit 19.5% on $149 million in gross profit.

Research and Development (R&D) investment is focused on securing future high-margin revenue, particularly in Silicon Carbide (SiC) technology. This isn't just talk; they are actively launching products, such as the 1200 V SiC MOSFET power modules announced on December 3, 2025. Their SiC platform is a key focus, addressing demands in traction inverters and EV charging stations. In some reference designs shown in mid-2025, components like their latest SiC MOSFETs made up 70% or more of the Bill of Materials (BOM).

Finally, you need to account for the non-cash charges like depreciation. The guidance for Q4 2025 depreciation expense is set at approximately $55 million for that quarter. The total expected depreciation expense for the entirety of fiscal 2025 is projected to be $212 million. For Q3 2025, the expected depreciation was $54 million.

Here's a quick math summary of the key 2025 cost and investment figures we've seen:

Cost/Investment Category	2025 Figure/Range	Period/Context
Targeted Capital Expenditures (CapEx)	$300M - $350M	Full Year 2025 Spending
Expected Full Year SG&A Expense	$540M - $560M	Full Year 2025 Guidance (Excluding Q2 benefit)
Expected Full Year Depreciation Expense	$212 Million	Full Year 2025 Projection
Q4 2025 Depreciation Expense Estimate	Approximately $55 Million	Q4 2025 Guidance
Raw Materials Inventory	$235,898 Thousand	End of Q2 2025
CapEx Allocation to High-Growth Products	70%	Of 2025 CapEx

The major cost drivers related to product creation involve:

• Raw materials, with inventory levels fluctuating, such as $235,898 thousand in Q2 2025.
• Manufacturing labor costs embedded within Cost of Goods Sold.
• Significant capital outlay for capacity expansion, which drives future depreciation.

The investment in future profitability is clear through R&D focus:

• Developing new SiC MOSFET technology, with product launches continuing into December 2025.
• Focusing on high-margin products that can capture megatrends like e-mobility.
• Allocating 70% of the $300M-$350M CapEx to these growth areas.

Vishay Intertechnology, Inc. (VSH) - Canvas Business Model: Revenue Streams

You're looking at the top-line generation for Vishay Intertechnology, Inc. as of their latest reported quarter in late 2025. The revenue streams are fundamentally split between their two main product categories: discrete semiconductors and passive electronic components. Honestly, understanding this split helps you see where the dollar is coming from.

For the fiscal third quarter ended September 27, 2025, Vishay Intertechnology, Inc. reported total revenues of $790.6 million. On a trailing twelve months (TTM) basis leading up to that point, the total revenue stood at $2.98B. This TTM figure shows a slight year-over-year decline of -0.84%.

A key component of the reported revenue, which you need to track for margin analysis, is the revenue derived from tariff adders. Vishay Intertechnology, Inc. management has confirmed they are generally passing through additional tariff costs to customers. So, these tariff adders boost the top-line revenue number, but they do not impact the gross profit, though they do negatively affect the reported gross margin by about 30 basis points in some prior guidance. The CFO also noted steps were being put in place to pass metal increases on to customers as of Q3 2025.

Here's a quick look at the key financial snapshot around that Q3 2025 revenue:

Metric	Value
Q3 2025 Reported Revenue	$790.6 million
TTM Revenue (as of Q3 2025)	$2.98B
Q3 2025 Book-to-Bill Ratio (Overall)	0.97
Q3 2025 Gross Margin	19.5%

The revenue generation is directly tied to the performance of the two major product groups. You can see the demand signals in the segment book-to-bill ratios for Q3 2025:

• Sales of Discrete Semiconductors book-to-bill was 0.96.
• Sales of Passive Electronic Components book-to-bill was 0.98.

Drilling down into specific component sales for Q3 2025 gives you a clearer picture of where the growth was concentrated, even with the overall book-to-bill below 1.0:

Component Category	Q3 2025 Revenue	Noted Performance/Margin
MOSFETs (Discrete Semiconductor)	$167.1 million	Strongest sequential growth at 12.4%
Capacitors (Passive Component)	$130.6 million	Robust growth at 7.8% sequential; 20.1% gross margin
Inductors (Passive Component)	Data not specified	Highest margin segment at 30.7%
Diodes (Discrete Semiconductor)	Data not specified	Margin pressure noted

The CEO noted that this revenue growth demonstrated alignment with high-growth markets, which directly translates to the demand for these components. Specifically, the revenue is supported by:

• Smart grid infrastructure demand.
• AI related power requirements.
• Automotive and aerospace/defense sectors.

The company is using heavy investments in capacity expansion to meet these quick-turn delivery requirements. That's how they convert potential demand into realized revenue.