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MALVERN, Pa. - Vishay Intertechnology, Inc. (NYSE:VSH), a $2.29 billion market cap semiconductor manufacturer, launched a new tricolor LED on Wednesday that offers luminous intensity up to 2800 mcd at 20 mA, designed for automotive lighting and display applications. According to InvestingPro data, while the company currently faces profitability challenges, analysts expect a return to positive earnings this year.
The Automotive Grade VLMRGB6122 features separate anode and cathode connections for red, green, and blue LED chips in a compact 3.5 mm by 2.8 mm by 1.4 mm PLCC-6 surface-mount package. This configuration allows individual control of each chip to produce a wide range of colors.
According to the company’s press release, the new LED delivers 70% higher brightness than previous-generation solutions and has a 22% lower profile than competing products. The device utilizes AllnGaP and InGaN technologies and operates in temperatures from -40°C to +110°C, which is 25°C higher than standard solutions. With a healthy current ratio of 2.8, Vishay maintains strong operational flexibility to support such product innovations.
The LED is AEC-Q102 qualified with Class B1 corrosion robustness and a Moisture Sensitivity Level of 3. It can withstand ESD voltages up to 2 kV for red and 8 kV for blue and green components.
Target applications include ambient lighting and dashboard indicators in automobiles, full-color display boards, and backlighting in consumer devices and medical instrumentation.
The VLMRGB6122 is now available in sample and production quantities with a lead time of 17 weeks. The product is RoHS-compliant and halogen-free. For deeper insights into Vishay’s financial health and growth potential, including exclusive ProTips and comprehensive analysis, check out the detailed research report available on InvestingPro.
In other recent news, Vishay Intertechnology has been downgraded by S&P Global Ratings to ’BB’ from ’BB+’, citing concerns over weak cash flow metrics and rising leverage. The company is expected to generate negative free operating cash flow in fiscal 2025, with adjusted leverage projected to peak around the mid-2x area. Vishay’s EBITDA margin has fallen to approximately 10% for the 12-month period ended in the first quarter of 2025, a significant drop from 21% at the close of fiscal 2023. The downgrade reflects macroeconomic weaknesses, pricing pressures in semiconductors, and softer industrial demand. Additionally, Vishay has declared a dividend of $0.10 per share for its common and Class B common stockholders, scheduled for distribution in late June 2025. The company has also introduced new products, including silicon carbide (SiC) Schottky diodes and isolation amplifiers, aimed at enhancing performance in various industrial and automotive applications. Vishay continues to innovate with a surface-mount option for its wirewound safety resistors, designed to reduce assembly time and costs. These developments highlight Vishay’s ongoing efforts to adapt to market conditions and technological advancements.
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