Vishay Intertechnology Receives 2023 Credibility Award from DENSO Corporation

Vishay Intertechnology

MALVERN, PA — Vishay Intertechnology, Inc. (NYSE: VSH) has been honored with a 2023 Credibility Award from DENSO Corporation, a major mobility supplier. This marks the second consecutive year Vishay has been recognized by DENSO, following a 2022 Collaboration Award.

DENSO’s Credibility Awards highlight suppliers that consistently deliver high-quality components, help reduce costs, and provide superior customer support. Vishay earned this accolade due to the exceptional quality of its diode products and its ability to supply MOSFETs despite market constraints. Additionally, Vishay’s diodes and MOSFETs divisions continued to supply a broad range of replacement parts after the Noto Earthquake.

“Vishay’s support has been critical in helping us keep our production lines moving in challenging times, contributing significantly to our growth and allowing our customers to deliver as many vehicles as possible,” said Shinnosuke Hayashi, President and CEO of DENSO. “We sincerely appreciate Vishay’s outstanding efforts and anticipate building an even stronger partnership with the company in the future.”

Joel Smejkal, President and CEO of Vishay, expressed his gratitude, stating, “It’s a great honor to receive a Credibility Award from DENSO. Coming on the heels of our Collaboration Award last year, this recognition highlights our unwavering commitment to putting the customer first. We are immensely proud to see the achievements of our diodes and MOSFETs divisions celebrated by DENSO, and look forward to supporting the company’s growth for years to come.”

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