News

Impact of Tianjin Explosion on Diodes Facility

August 24, 2015 by Jeff Shepard

Vishay Intertechnology, Inc., one of the world's largest manufacturers of discrete semiconductors and passive components, extended its heartfelt condolences to the Chinese people regarding the explosion, which occurred on August 12, 2015 in the port of Tianjin. Vishay owns and operates a manufacturing facility in Tianjin, which provides back-end packaging for some of the company's Diodes product lines.

The shockwave of the explosion resulted in some damage to the facility. This included broken windows and some minor damage to exterior walls. The incident also resulted in minor injuries to some employees and management expressed its gratitude that no employees were more seriously hurt.

Chinese officials have now indicated that the air quality in the area is acceptable, and Vishay expects to be able to bring the facility back into full production within the next few weeks, as it maintains its focus on quality. Even though there had been limited water damage to inventory, shipments from stock have already resumed and the company anticipates restarting manufacturing of some product lines by end of next week.

At this time, Vishay is still assessing the damage with its insurance partners. Also, it is not yet possible to quantify the negative impact of this temporary production shutdown on the revenues of our diodes segment in the third quarter of 2015.