MALVERN

Vishay Intertechnology Acquires Nexperia’s Newport Wafer Fab for $177 Million

Retrieved on: 
Wednesday, March 6, 2024
MOSFET, Acquisition, 2the Max, VSH, Silicon carbide, Gallium nitride, Research, Casino

The Newport wafer fab, located on 28 acres, is an automotive-certified, 200mm semiconductor wafer fab with capacity to produce more than 30,000 wafers per month.

Key Points: 
  • The Newport wafer fab, located on 28 acres, is an automotive-certified, 200mm semiconductor wafer fab with capacity to produce more than 30,000 wafers per month.
  • The fab is the UK’s largest semiconductor fab with a long history in supplying components to the automotive and industrial markets.
  • Vishay plans to position the facility as a manufacturing excellence center focusing on Net Zero Transformation of decarbonization and electrification.
  • Neptune 6 Limited is expected to be renamed “Vishay UK Holdings Limited” and Nexperia Newport Limited is expected to be renamed “Vishay Newport Limited”.

Vishay Intertechnology Inrush Current Limiting PTC Thermistors Increase Performance in Active Charge and Discharge Circuits

Retrieved on: 
Wednesday, March 6, 2024
AC/DC, SPICE, AEC, Temperature, 3D, PTC, Vishay Intertechnology, CCS, VSH, VDC, R25, Barium, AC

MALVERN, Pa., March 06, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of inrush current limiting positive temperature coefficient (PTC) thermistors.

Key Points: 
  • MALVERN, Pa., March 06, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of inrush current limiting positive temperature coefficient (PTC) thermistors.
  • Designed to increase performance in active charge and discharge circuits for automotive and industrial applications, Vishay BCcomponents PTCEL series devices combine a wide range of resistance at 25 °C (R25) values with high voltage and energy handling capabilities.
  • By combining multiple thermistors in parallel, energy absorption levels over 1000 J can be achieved.
  • With their high temperature operation to +105 °C, the PTCEL series offers a heat capacity to 2.3 J/K for all resistance values.

Neuronetics Reports Record Fourth Quarter and Record Full Year 2023 Financial and Operating Results

Retrieved on: 
Tuesday, March 5, 2024
Social media, TMS, Transcranial magnetic stimulation, Telephone, Marketing, SSM Health, Webcast, Health, Neuronetics, Patient, Policy, Ferdinand Magellan, Knowledge, Psychotherapy

For the period ended December 31, 2023 and 2022, the Company shipped 205 and 213 systems, respectively.

Key Points: 
  • For the period ended December 31, 2023 and 2022, the Company shipped 205 and 213 systems, respectively.
  • Gross margin for the full year 2023 were 72.5%, a decrease of approximately 380 basis points from the full year 2022 gross margin of 76.3%.
  • Operating expenses during the full year 2023 was $82.3 million, a decrease of $2.5 million, or 2.9% compared to $84.8 million in the full year 2022.
  • See the accompanying financial table that reconciles EBITDA, which is a non-GAAP financial measure, to net loss.

RAJANT RECEIVES SIXTH CONSECUTIVE YEAR ISO 9001:2015 RECERTIFICATION

Retrieved on: 
Monday, March 4, 2024
ISO, Software, Certification, QMS, Senior, International Organization (journal), Assistant, ISO 9001:2015, International standard, Growth, Lead, Kinetic

Kaitlyn Muncy, Rajant Quality Assurance Director in Morehead, shares, "Being able to tell our current and potential customers that Rajant Corporation is ISO 9001:2015 certified is very important to our growth as a company.

Key Points: 
  • Kaitlyn Muncy, Rajant Quality Assurance Director in Morehead, shares, "Being able to tell our current and potential customers that Rajant Corporation is ISO 9001:2015 certified is very important to our growth as a company.
  • From the viewpoint of not just one but two ISO auditors, Rajant is "spot on" in how we do things.
  • Rajant Production Lead Jon Lacy offers, "Maintaining our ISO Certification is huge for the Morehead office and Rajant as a whole.
  • Rajant prides itself on making sure it does everything possible to ensure quality products; this ISO Certification is always a highlight.

CubeSmart Reports Fourth Quarter and Annual 2023 Results

Retrieved on: 
Thursday, February 29, 2024
Acquisition, FFO, NOI, Tax, EPS, CubeSmart, Cryptocurrency

Net income attributable to the Company’s common shareholders was $112.7 million for the fourth quarter of 2023, compared with $81.9 million for the fourth quarter of 2022.

Key Points: 
  • Net income attributable to the Company’s common shareholders was $112.7 million for the fourth quarter of 2023, compared with $81.9 million for the fourth quarter of 2022.
  • FFO, as adjusted, was $158.4 million for the fourth quarter of 2023, compared with $152.3 million for the fourth quarter of 2022.
  • Same-store revenues for the fourth quarter of 2023 increased 0.4% and same-store operating expenses decreased 1.8% from the same quarter in 2022.
  • Same-store NOI increased 1.2% from the fourth quarter of 2022 to the fourth quarter of 2023.

TELA Bio to Announce Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024
Anatomy, Event, Webcast

MALVERN, Pa., Feb. 29, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's own anatomy, today announced that the Company will report fourth quarter and full year 2023 financial results on Thursday, March 21, 2024.

Key Points: 
  • MALVERN, Pa., Feb. 29, 2024 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's own anatomy, today announced that the Company will report fourth quarter and full year 2023 financial results on Thursday, March 21, 2024.
  • TELA Bio’s management will host a conference call and webcast at 4:30 p.m.
  • ET that day to discuss the financial results and provide a corporate update.
  • Participants are required to register a day in advance or at minimum 15 minutes before the start of the call.

Ocugen Clinical Showcase Webcast Now Available

Retrieved on: 
Wednesday, February 28, 2024
Retinitis pigmentosa, RHO, Vaccine, University, Faculty, Event, Associate, Harvard Medical School, Mutation, Communication

MALVERN, Pa., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies and vaccines, today announced that the Clinical Showcase webcast from the February 21, 2024 live event is now available in the Events & Presentations section of the Ocugen website.

Key Points: 
  • MALVERN, Pa., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies and vaccines, today announced that the Clinical Showcase webcast from the February 21, 2024 live event is now available in the Events & Presentations section of the Ocugen website.
  • The showcase replay includes more detail on the Phase 3 study design for OCU400, as well as market potential for this first-in-class product candidate.
  • The panel discussion offers first-hand experience from an OCU400 Phase 1/2 clinical trial patient with the RHO mutation who has completed 12 months of therapy and lead investigator, Dr. Byron Lam, Professor of Ophthalmology, Mark J.
  • Please direct any questions related to the webcast to Tiffany Hamilton, Head of Communications, at [email protected] .

Vishay Intertechnology 80 V Symmetric Dual MOSFET Delivers Best in Class RDS(ON) in PowerPAIR® 3x3FS to Increase Power Density, Efficiency, and Thermal Performance

Retrieved on: 
Wednesday, February 28, 2024
MOSFET, Vishay Intertechnology, VSH, POL, PCB, FOM, Radio, Electric power

For power conversion in industrial and telecom applications, the Vishay Siliconix SiZF4800LDT increases power density and efficiency while enhancing thermal performance, reducing component counts, and simplifying designs.

Key Points: 
  • For power conversion in industrial and telecom applications, the Vishay Siliconix SiZF4800LDT increases power density and efficiency while enhancing thermal performance, reducing component counts, and simplifying designs.
  • The dual MOSFET released today can be used in place of two discrete devices typically specified in the PowerPAK® 1212 package, saving 50 % board space.
  • To increase power density, the MOSFET offers best in class on-resistance down to 18.5 mΩ typical at 4.5 V. This is 16 % lower than the closest competing device in the same package dimensions.
  • The device’s flip-chip technology enhances thermal dissipation, resulting in 54 % lower thermal resistance compared to competing MOSFETs.

VPG to Participate in the Sidoti March 2024 Small-Cap Investor Conference

Retrieved on: 
Wednesday, February 28, 2024
VPG, Conference

MALVERN, Pa., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, announced that the company will present at the Sidoti March 2024 Small-Cap Virtual Investor Conference on Thursday, March 14, 2024 at 10:45 a.m.

Key Points: 
  • MALVERN, Pa., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement and sensing technologies, announced that the company will present at the Sidoti March 2024 Small-Cap Virtual Investor Conference on Thursday, March 14, 2024 at 10:45 a.m.
  • ET.
  • A live and on-demand webcast of VPG’s presentation will be available to the public and can be accessed from the following link: https://sidoti.zoom.us/webinar/VPG , or on VPG’s website: ir.vpgsensors.com/events .
  • For more information, or for help arranging a one-on-one meeting at the conference, please contact: [email protected].

Vishay Intertechnology Appoints David McConnell Chief Financial Officer

Retrieved on: 
Tuesday, February 27, 2024
CFO, PwC, Certified Public Accountant, Senior, Risk management, Growth, P&L, VSH, Ernst & Young, Executive, LLP, Finance, Certified Treasury Professional, Management

MALVERN, Pa., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that its Board of Directors has appointed David McConnell, Senior Vice President -Corporate Treasurer and Risk Management, to the role of Executive Vice President - Chief Financial Officer, replacing Lori Lipcaman who is resigning from that position.

Key Points: 
  • MALVERN, Pa., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that its Board of Directors has appointed David McConnell, Senior Vice President -Corporate Treasurer and Risk Management, to the role of Executive Vice President - Chief Financial Officer, replacing Lori Lipcaman who is resigning from that position.
  • In addition, David Tomlinson, Senior Vice President - Corporate Controller, has been promoted by the Board to the newly created role of Senior Vice President - Chief Accounting Officer reporting to Mr. McConnell.
  • The new positions of Mr. McConnell and Mr. Tomlinson will take effect on March 1, 2024.
  • Prior to joining Vishay in 1992, Mr. McConnell worked at Ernst & Young LLP serving large, multi-national clients in various industries.