Vishay - 2017 Annual Report
Vishay » 2017 Annual Report » The Vishay Story

The VIshay Story

Company Roots

Dr. Felix Zandman, with a loan from his cousin Alfred P. Slaner, founded Vishay in 1962 to develop and manufacture Bulk Metal® foil resistors. The Company was named after Dr. Zandman’s ancestral village in Lithuania, in memory of family members who perished in the Holocaust. When Dr. Zandman passed away in 2011, he left a lasting legacy. His high standards and values are embedded in Vishay’s culture. They positively influence the ethical business practices implemented by Vishay personnel across the globe every day.

During the 1960s and 1970s, Vishay became known as the world’s leading manufacturer of foil resistors, PhotoStress® products, and strain gages. These products later became part of Vishay Precision Group (NYSE: VPG), which was spun off as an independent, publicly traded company in 2010.

Company Roots

Dr. Felix Zandman, with a loan from his cousin Alfred P. Slaner, founded Vishay in 1962 to develop and manufacture Bulk Metal® foil resistors. The Company was named after Dr. Zandman’s ancestral village in Lithuania, in memory of family members who perished in the Holocaust. When Dr. Zandman passed away in 2011, he left a lasting legacy. His high standards and values are embedded in Vishay’s culture. They positively influence the ethical business practices implemented by Vishay personnel across the globe every day.

During the 1960s and 1970s, Vishay became known as the world’s leading manufacturer of foil resistors, PhotoStress® products, and strain gages. These products later became part of Vishay Precision Group (NYSE: VPG), which was spun off as an independent, publicly traded company in 2010.

The Company

Global Industry Leader
Vishay passive components and semiconductors are used by virtually all major manufacturers of electronic products worldwide, in the industrial, power supply, automotive, military, aerospace, medical, computing, telecommunications, and consumer markets. Vishay components are found inside the products and systems used every day, from automobiles to airplanes to solar power systems to smartphones to pacemakers. In addition, Vishay has demonstrated an ability to customize components to meet specific customer needs.

Macroeconomic growth drivers such as connectivity, mobility, and sustainability generate the need for the types of components manufactured by Vishay.

Vishay’s international footprint includes manufacturing plants in the Americas, Asia, Europe, and Israel, as well as sales offices worldwide. Vishay’s technology innovations, acquisition strategy, focus on cost control, “one-stop shop” service to customers, and custom design capabilities have made it a global industry leader.

Acquisitions
Vishay has made a number of strategic acquisitions over the years. These include Dale® Electronics, Draloric® Electronic, Sfernice, Sprague® Electric, Roederstein®, Vitramon®, BCcomponents® (including Beyschlag®), the Semiconductor Business Group of TEMIC® (Telefunken and Siliconix®), the infrared component business of Infineon Technologies, General Semiconductor®, selected product lines from International Rectifier®, Huntington Electric, HiRel Systems, MCB Industrie, Holy Stone Polytech, and Capella Microsystems. Vishay continues to explore opportunities for acquisitions that fit its business model.

The Company

Global Industry Leader
Vishay passive components and semiconductors are used by virtually all major manufacturers of electronic products worldwide, in the industrial, power supply, automotive, military, aerospace, medical, computing, telecommunications, and consumer markets. Vishay components are found inside the products and systems used every day, from automobiles to airplanes to solar power systems to smartphones to pacemakers. In addition, Vishay has demonstrated an ability to customize components to meet specific customer needs.

Macroeconomic growth drivers such as connectivity, mobility, and sustainability generate the need for the types of components manufactured by Vishay.

Vishay’s international footprint includes manufacturing plants in the Americas, Asia, Europe, and Israel, as well as sales offices worldwide. Vishay’s technology innovations, acquisition strategy, focus on cost control, “one-stop shop” service to customers, and custom design capabilities have made it a global industry leader.

Acquisitions
Vishay has made a number of strategic acquisitions over the years. These include Dale® Electronics, Draloric® Electronic, Sfernice, Sprague® Electric, Roederstein®, Vitramon®, BCcomponents® (including Beyschlag®), the Semiconductor Business Group of TEMIC® (Telefunken and Siliconix®), the infrared component business of Infineon Technologies, General Semiconductor®, selected product lines from International Rectifier®, Huntington Electric, HiRel Systems, MCB Industrie, Holy Stone Polytech, and Capella Microsystems. Vishay continues to explore opportunities for acquisitions that fit its business model.