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Business Description
Vishay Intertechnology, Inc. is an international manufacturer and supplier of passive and discrete active electronic components. Passive components include resistors, capacitors, transducers and inductors. Active components include diodes, transistors, rectifiers, power integrated circuits, infrared transceivers, infrared sensors and optocouplers. The Company offers its customers one-stop access to an electronic component line of any manufacturer in the United States, Europe and Asia in both the newer surface mount configuration and the traditional leaded form. Its components are used in virtually every type of product that contains electronic circuitry, including computer-related products, automotive applications, power management products, process control systems, telecommunications equipment, military and aerospace applications, measuring instruments, consumer electronics and appliances, industrial equipment, medical instruments and electronic scales.

Financial Information
For the nine months ended 10/2/04, revenues increased 17% to $1.87 billion. Net income totaled $99.2 million, up from $16.5 million. Revenues reflect strong volumes and positive currency effects. Earnings also reflect improved gross margins and lower restructuring and severance costs.