MALVERN, Pa. - Vishay Intertechnology, Inc. (NYSE:VSH), a $2.34 billion electronic components manufacturer with a strong financial health rating according to InvestingPro, announced the launch of its new TSM3 series of multi-turn, surface-mount cermet trimmers. These components are designed to meet the demands of industrial, consumer, and telecom applications operating in harsh environments. The TSM3 series stands out for its small size, measuring only 3 mm by 4 mm by 4 mm, and its ability to operate across a broad temperature range from -65 °C to +150 °C. Additionally, the devices offer IP67 sealing for protection against dust and water.
The newly introduced trimmers represent a 25% reduction in case size compared to previous models and boast an expanded operating temperature spectrum. The TSM3 series is engineered to allow precise adjustments within a resistance range of 10 Ω to 2 MΩ. These trimmers also provide a faster setting to time ratio than their single-turn counterparts, making them suitable for fine-tuning requirements.
With a power rating of 0.125 W at +70 °C, the TSM3 series trimmers are available in both top and side adjustment styles, which offers design flexibility. They are compatible with automated PCB assembly and setting processes, which is expected to enhance production efficiency, save time, and reduce costs.
The trimmers are designed to maintain their reliability in a variety of applications, including automation controls, sensors, welding and cooling systems, robotics, power tools, smoke detectors, radios, and precision testing instruments. They are built to withstand standard board wash processing, ensuring their durability and performance. The company's solid financial position is reflected in its healthy current ratio of 2.81, indicating strong ability to meet short-term obligations.
Samples and production quantities of the TSM3 series are currently available, with a lead time of 15 weeks. Vishay Intertechnology, a Fortune 1,000 Company maintaining dividend payments for 11 consecutive years, is recognized for having one of the world's largest portfolios of discrete semiconductors and passive electronic components. InvestingPro analysis reveals 8 additional key insights about Vishay's financial outlook and market position, available to subscribers along with detailed Fair Value analysis and comprehensive research reports.
This announcement is based on a press release statement from Vishay Intertechnology, Inc.
In other recent news, Vishay Intertechnology has seen significant changes to its executive team, with Roy Shoshani appointed as the Executive Vice President – Chief Operating Officer of Semiconductors and Chief Technical Officer. Alongside this, the company revealed the departure of Jeff Webster, former Executive Vice President – Chief Operating Officer. These recent developments come amidst Vishay's strong financial health, as indicated by a current ratio of 2.81.
Vishay also reported a stable third-quarter revenue of $735.4 million and declared a dividend of $0.10 per share. The company additionally authorized the repurchase of an additional 3.0 million shares of common stock. JPMorgan (NYSE:JPM) initiated coverage on Vishay, assigning it a Neutral rating, acknowledging the company's robust positioning in the semiconductor cycle recovery.
In its product line, Vishay expanded its MELF resistors range and launched a new solid-state relay for industrial use. The company is set to commence mass production as a new DrMOS supplier for Nvidia (NASDAQ:NVDA)'s anticipated RTX (NYSE:RTX) 50 series graphics cards in 2025. These updates underscore Vishay's commitment to its long-term strategy and growth-focused approach.
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