Showcase at Wales Tech Week
November 2025
It was great to be at the heart of Wales Tech Week 2025 – Wales’ largest international tech summit, connecting with leaders from business, politics and the community.
One of our senior executives, Mike O’Sullivan flew in from the US to speak at a panel on the incredible collaboration that is happening through the compound semiconductor cluster in South Wales, alongside partners from Siemens, IQE, CSA Catapult and Swansea University, expertly chaired by the founder of the cluster, Drew Nelson.
The cluster is growing and Vishay has unlocked £250m investment with our partners in the UK and Welsh Government. We’ve seen:
32% employment growth
Over £350m in GVA
90% of the chips are for export
Put simply, there is no Net Zero without compound semiconductors. Building the most efficient chips will help our customers meet the huge challenges of electrification including EVs, data centre growth and the shift to renewables.
It was also great to connect with the leadership team of Newport Dragons, David Buttress and Mike Sage who are reaching hundreds of primary school children in our award-winning joint STEM programme led by Angharad Kibble.
We had a chance to meet with Wales Office minister, Anna McMorrin, Plaid Cymru Senedd member Peredur Owen Griffiths, former First Minister Vaughan Gething, as well as officials from the Welsh Government and Cardiff Capital Region. There are exciting developments with the planned Investment Zones and the AI Growth Zones.
Thanks to everyone who made it such a success.
About Vishay
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech®. Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.
Forward Looking Statement
Statements contained herein that relate to the Company’s future performance, including capital investment, capacity expansion and cash flow generation, are forward-looking statements within the safe harbor provisions of Private Securities Litigation Reform Act of 1995. Words and expressions such as “will,” “expect,” “focus,” “intend,” “committed, “goal” or other similar words or expressions often identify forward-looking statements. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions, many of which are beyond our control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance, or achievements may vary materially from those anticipated, estimated or projected. Among the factors that could cause such material variations include: that the fab will not be integrated successfully into the Company’s overall business; that the expected benefits of the acquisition may not be realized; that the fab’s standards, procedures and controls will not be brought into conformance within the Company’s operation; difficulties in transitioning and retaining fab employees following the acquisition; difficulties in consolidating facilities and transferring processes and know-how; the diversion of our management’s attention from the management of our current business; risks of foreign operations, including excessive operation costs, labor shortages, changes in tax rates; changes in foreign currency exchange rates; uncertainty related to the effects of changes in foreign currency exchange rates; difficulties in new product development; changes in U.S. or foreign trade regulations and tariffs, and uncertainty regarding the same; changes in applicable domestic and foreign tax regulations, and uncertainty regarding the same; and other factors that are set forth in our filings with the Securities and Exchange Commission, including our annual reports on Form 10-K and our quarterly reports on Form 10-Q. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The DNA of tech® is a trademark of Vishay Intertechnology.
