• Vishay Intertechnology entered a binding term sheet on November 12, 2026, with Kaynes Technology to establish a semiconductor manufacturing joint venture in India.
• The chipmaker would invest $56.4 million for a 49% stake in an existing Kaynes subsidiary; Kaynes would retain 51%.
• The venture plans captive semiconductor back-end manufacturing for the chipmaker, potentially serving third-party customers.
• Both partners plan to seek central and state government support under India Semiconductor Mission 2.0.
• The transaction remains subject to definitive agreements, required approvals and customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vishay Intertechnology Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000103730-26-000083), on November 12, 2026, and is solely responsible for the information contained therein.