Vishay (VSH) Expands Resistor Offerings With Latest Move
Vishay Intertechnology, Inc. VSH is making strong efforts toward bolstering its thick-film resistor offerings, evident from the latest enhancement of its Draloric RCS0805 e3 resistor in the 0805 case size with a higher power rating of 0.5 W.
Notably, RCS0805 e3 comes with a resistance range from 1 Ω to 10 MΩ with tolerances of ± 0.5 %, ± 1 % and ± 5 %.
Further, it provides an operating voltage of 150 V and an operating temperature range of -55 °C to +155 °C.
Additionally, the increased power rating makes the underlined resistor capable of being used in place of four standard parallel resistors in the 0805 case size, two parallel devices in the larger 1206 case size and one resistor in the 1210 case size.
Hence, Vishay is likely to gain strong momentum across the automotive, industrial, telecommunications and medical applications as the increased power rating of RCS0805 e3 enables the designers to save board space in these applications.
Vishay Intertechnology, Inc. Price and Consensus
Vishay Intertechnology, Inc. price-consensus-chart | Vishay Intertechnology, Inc. Quote
Resistor Market Holds Promise
The thick-film resistor market is riding on the growing proliferation of consumer electronic devices globally. Further, increasing the usage of thick-film resistors in automotive components remains a positive.
Also, the emergence of hybrid electric vehicles remains a key catalyst in the thick-film resistor market.
Additionally, the rapid deployment of 5G is further accelerating the need for these resistors.
We believe the latest move makes Vishay well poised to capitalize on these opportunities.
According to a report from Verified Market Research, the global market for thick-film resistors is expected to reach $666.6 million by 2030, registering a CAGR of 4.9% between 2023 and 2030.
Expanding Product Portfolio
The latest move aligns with the company’s growing efforts toward expanding its overall product portfolio.
Apart from the latest move, Vishay recently rolled out a new series of automotive-grade thick film chip resistors called Vishay Techno CDMA.
Further, it upgraded its TSOP2xxx, TSOP4xxx, TSOP57xxx, TSOP6xxx and TSOP77xxx series of Infrared Receiver (IR) modules with the new Cyllene 2 IC.
Vishay unveiled three new series of automotive-grade surface-mount standard rectifiers, 2 A SE20Nx, 3 A SE30Nx and 4 A SE40Nx. Further, these devices offer improved reverse recovery energy and fast recovery time and can also be utilized as high-frequency rectifiers for bootstrapping driver functionality.
Additionally, it rolled out two new 30 V symmetric dual n-channel power MOSFETs, SiZF5300DT and SiZF5302DT, which can be used in place of two discrete devices in the PowerPAK 1212 package.
We believe that the above-mentioned endeavors will continue to shape the company’s growth trajectory and sustain momentum in various end markets, which in turn will aid it in winning investors’ confidence further.
Shares of Vishay have gained 16.1% in the past year against the industry’s loss of 33.8%.
However, Vishay is currently suffering from coronavirus-led supply-chain constraints, consumer market softness and the impacts of geo-political tensions.
Zacks Rank & Stocks to Consider
Currently, Vishay carries a Zacks Rank #4 (Hold).
Some better-ranked stocks in the broader technology sector are Arista Networks ANET, Salesforce CRM and Analog Devices ADI. While Arista Networks and Salesforce sport a Zacks Rank #1 (Strong Buy), Analog Devices carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arista Networks shares have gained 16.5% in the past year. The long-term earnings growth rate for ANET is currently projected at 14.17%.
Salesforce shares have lost 7.4% in the past year. CRM’s long-term earnings growth rate is currently projected at 16.75%.
Analog Devices shares have gained 17.4% in the past year. The long-term earnings growth rate for ADI is currently projected at 12.25%.
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