At the Investor Day we held on April 2nd, we talked about our need to scale our capacity to be a reliable supplier to more and more customers and also to attract new customers. From our travels and communication with customers, they clearly want more from Vishay. As we deepen our engagements with customers, our capacity expansions are one component for us to scale and support their growth.

May 8, 2024 / CEO / receipt, needs a key / Joel Smekoff, CEO | earnings call 2024-05-08 | transcript cd04a14c-f205-410e-b38f-4d2ebe4ade9c | chars 15737-16129 | segment 16

Our business unit leaders have traveled to the distributors. Some were initial meetings. Others were follow-up meetings to strengthen and improve Vishay's position on the distributor's shelves by adding SKUs. All meetings are enlightening and come with many action items.

May 8, 2024 / CEO / receipt, needs a key / Joel Smekoff, CEO | earnings call 2024-05-08 | transcript cd04a14c-f205-410e-b38f-4d2ebe4ade9c | chars 9475-9746 | segment 9