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VPG Signs Korean Distributor Richwood Int’l Co., Ltd. for Vishay Foil Resistors Brand Products
MALVERN, PENNSYLVANIA — June 12, 2012 — Vishay Precision Group, Inc. (NYSE: VPG) today announced that it has signed Richwood Int’l Co., Ltd. as an authorized distributor of its Vishay Foil Resistors (VFR) brand products in Korea.
“We are very pleased to add Vishay Precision Group to the leading component manufacturers whose line cards we represent in the Korean market,” said T. P. Yang, CEO at Richwood Int’l Co., Ltd. “Our customers include a number of manufacturers that can benefit from the ultra-high precision delivered by Bulk Metal Foil resistor products, so we look forward to broadening opportunities for these devices in the Korean market.”
Seoul-based Richwood Int’l has been in the distribution business since 1990 and has several leading passive and semiconductor manufacturers on its line card. The company maintains offices in Seoul and Daegu City in Korea and had sales of US $12.2 million in 2011. Further information is available at www.richwoodkr.com
About VPG Foil Resistors
Distinguished by the premier brands Vishay Foil Resistors, Powertron, and Alpha Electronics, VPG Foil Resistors is part of Vishay Precision Group (VPG), producing the most precise and stable resistors available. The portfolio comprises products in a variety of resistor and package configurations to meet the needs of a wide range of applications: discrete resistors and resistor networks in surface mount and through-hole (fixed-lead) configurations; customized chip resistor networks; precision trimming potentiometers; and discrete chips for use in hybrid circuits. The foil resistors and current sensors are used in applications requiring a high degree of precision and stability, such as in medical testing equipment, semiconductor equipment, precision measuring instruments, aerospace, and military applications.
About Vishay Precision Group
Vishay Precision Group (VPG) is an internationally recognized designer, manufacturer and marketer of: components based on its resistive foil technology; sensors; and sensor-based systems specializing in the growing markets of stress, force, weight, pressure, and current measurements. VPG is a market leader of Foil Technology Products, providing ongoing technology innovations in precision foil resistors and foil strain gages, which are the foundation of the Company’s Force Sensors Products and its Weighing and Control Systems. The product portfolio consists of a variety of well-established brand names recognized for precision and quality in the marketplace. To learn more, visit VPG at www.vishaypg.com.