Vishay Intertechnology, Inc.
|
(Exact name of registrant as specified in its charter)
|
Delaware
|
1-7416
|
38-1686453
|
(State or Other Jurisdiction of Incorporation)
|
(Commission File Number)
|
(I.R.S. Employer Identification Number)
|
63 Lancaster Avenue
Malvern, PA 19355-2143
|
19355-2143
|
|
(Address of Principal Executive Offices)
|
Zip Code
|
|
Lori Lipcaman,
Executive Vice President and
Chief Financial Officer
|
610-644-1300
|
|
(Name and telephone number, including area code, of the
Person to contact in connection with this report.)
|
☑
|
Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2015.
|
Exhibit No.
|
Description
|
||
1.01
|
Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.
|
VISHAY INTERTECHNOLOGY, INC.
|
By:
|
/s/ Lori Lipcaman
|
Date: May 24, 2016
|
Name:
|
Lori Lipcaman
|
|
Title:
|
Executive Vice President
|
|
Chief Financial Officer
|
I.
|
Company overview
|
1.
|
Exercise due diligence as specified in the Organisation for Economic Co-operation and Development ("OECD") Due Diligence Guidance for Responsible Supply chains of Minerals from Conflict-Affected and High Risk Areas (2nd Edition) ("OECD Framework") and related 3T and gold supplements.
|
2.
|
Support and participate in industry groups such as the EICC and collaborations such as Conflict Free Sourcing Initiative that are focusing on industry-wide solutions.
|
3.
|
Commit to transparency by providing necessary reports and information to the SEC and customers.
|
1.
|
Have conflict mineral policies in place to ensure material is sourced from socially responsible suppliers.
|
2.
|
Exercise due diligence to determine the source of conflict minerals.
|
3.
|
Not procure material from the DRC or adjoining countries that is not "DRC Conflict Free."
|
4.
|
Provide the necessary declarations in order to determine if the conflict minerals in the supply chain are DRC Conflict Free.
|
II.
|
RCOI Process and results
|
III.
|
Due Diligence Process
|
a.
|
Company Management Systems
|
i.
|
Policy
|
ii.
|
Communication with In-scope Suppliers
|
1.
|
Vishay's Conflict Mineral Policy via the Vishay website and direct communication with the Suppliers.
|
2.
|
Conflict Mineral requirements as part of new or renewed Supplier Agreements.
|
3.
|
Yearly Supplier information requests to gather and/or update sourcing information.
|
iii.
|
Education of Personnel
|
iv.
|
Tracking mechanisms
|
v.
|
Whistleblower mechanisms
|
b.
|
Identify and assess risks in the supply chain
|
c.
|
Design and implement strategy to respond to identified risks
|
1.
|
Establish a defined time period that the Identified Risk Entity will work with Vishay's purchasing department to mitigate its identified risks.
|
2.
|
Work with CFSI to obtain additional information or certifications.
|
3.
|
Conduct formal reviews of Identified Risk Entities that do not mitigate their identified risks by the established deadline date. The 3TG management team will then implement one or more of the following actions for Identified Risk Entities that cannot be verified to not directly or indirectly benefit armed rebels through their 3TG sourcing:
|
a.
|
Grant additional time to mitigate the identified risk;
|
b.
|
Develop a long-term improvement plan with the supplier;
|
c.
|
Suspend purchasing activities from the In-scope Supplier that has red flags and/or sources from the Identified Risk Entity;
|
d.
|
Establish a phase-out plan for the In-scope supplier that has red flags and/or sources from the Identified Risk Entity.
|
4.
|
If it is determined that the Identified Risk Entity has or likely has directly or indirectly benefited armed rebels through their 3TG sourcing, the 3TG management team will then implement one or more of the following actions:
|
a.
|
Require that the affected In-scope Supplier remove the smelter or refiner that is an Identified Risk Entity from Vishay's supply chain; or
|
b.
|
Terminate purchasing activities with the In-scope Supplier if the Supplier does not remove the smelter or refiner that is an Identified Risk Entity from its supply chain.
|
d.
|
Audits of smelters' and refiners' due diligence processes
|
IV.
|
Reporting
|
a.
|
Future Steps to be taken
|
1.
|
Work to increase the response rate of suppliers to our due diligence inquiries.
|
2.
|
Request In-scope Suppliers to require at risk smelters or refiners to obtain a Conflict Free designation from an industry program such as the CFSI.
|
3.
|
Continue to validate In-scope Supplier responses using information collected from independent conflict free smelter validation programs such as the CFSI, to which we provide financial support.
|
b.
|
Exclusion of acquired entities
|
c.
|
Results
|
Metal
|
Smelter Reference List
|
Smelter ID
|
CFSI Status
|
Validated as "Conflict Free" | |||
Tin
|
Minsur
|
CID001182
|
Compliant
|
Tin
|
PT Timah (Persero) Tbk Mentok
|
CID001482
|
Compliant
|
Tin
|
Thaisarco
|
CID001898
|
Compliant
|
Tin
|
Yunnan Tin Company Limited
|
CID002180
|
Compliant
|
Tin
|
Malaysia Smelting Corporation (MSC)
|
CID001105
|
Compliant
|
Tin
|
PT Timah (Persero) Tbk Kundur
|
CID001477
|
Compliant
|
Tin
|
Mineração Taboca S.A.
|
CID001173
|
Compliant
|
Tin
|
EM Vinto
|
CID000438
|
Compliant
|
Tin
|
PT Bukit Timah
|
CID001428
|
Compliant
|
Gold
|
Metalor USA Refining Corporation
|
CID001157
|
Compliant
|
Gold
|
Royal Canadian Mint
|
CID001534
|
Compliant
|
Tin
|
Operaciones Metalurgical S.A.
|
CID001337
|
Compliant
|
Gold
|
Umicore S.A. Business Unit Precious Metals Refining
|
CID001980
|
Compliant
|
Gold
|
Metalor Technologies S.A.
|
CID001153
|
Compliant
|
Tin
|
Metallo-Chimique N.V.
|
CID002773
|
Compliant
|
Tin
|
CV United Smelting
|
CID000315
|
Compliant
|
Gold
|
United Precious Metal Refining, Inc.
|
CID001993
|
Compliant
|
Tin
|
Fenix Metals
|
CID000468
|
Compliant
|
Tin
|
PT Refined Bangka Tin
|
CID001460
|
Compliant
|
Gold
|
Elemetal Refining, LLC
|
CID001322
|
Compliant
|
Tin
|
Cooperativa Metalurgica de Rondônia Ltda.
|
CID000295
|
Compliant
|
Tin
|
Gejiu Non-Ferrous Metal Processing Co., Ltd.
|
CID000538
|
Compliant
|
Tin
|
PT Tinindo Inter Nusa
|
CID001490
|
Compliant
|
Gold
|
Tanaka Kikinzoku Kogyo K.K.
|
CID001875
|
Compliant
|
Gold
|
Heraeus Precious Metals GmbH & Co. KG
|
CID000711
|
Compliant
|
Gold
|
Asahi Refining USA Inc.
|
CID000920
|
Compliant
|
Gold
|
Heraeus Ltd. Hong Kong
|
CID000707
|
Compliant
|
Tin
|
PT Mitra Stania Prima
|
CID001453
|
Compliant
|
Tin
|
PT Stanindo Inti Perkasa
|
CID001468
|
Compliant
|
Gold
|
Argor-Heraeus S.A.
|
CID000077
|
Compliant
|
Tin
|
White Solder Metalurgia e Mineração Ltda.
|
CID002036
|
Compliant
|
Tin
|
PT Bangka Tin Industry
|
CID001419
|
Compliant
|
Tin
|
PT Sariwiguna Binasentosa
|
CID001463
|
Compliant
|
Tungsten
|
Xiamen Tungsten Co., Ltd.
|
CID002082
|
Compliant
|
Gold
|
Western Australian Mint trading as The Perth Mint
|
CID002030
|
Compliant
|
Gold
|
Metalor Technologies (Hong Kong) Ltd.
|
CID001149
|
Compliant
|
Gold
|
CCR Refinery - Glencore Canada Corporation
|
CID000185
|
Compliant
|
Tin
|
Alpha
|
CID000292
|
Compliant
|
Gold
|
Matsuda Sangyo Co., Ltd.
|
CID001119
|
Compliant
|
Gold
|
Allgemeine Gold-und Silberscheideanstalt A.G.
|
CID000035
|
Compliant
|
Tin
|
Mitsubishi Materials Corporation
|
CID001191
|
Compliant
|
Gold
|
Nihon Material Co., Ltd.
|
CID001259
|
Compliant
|
Tungsten
|
Global Tungsten & Powders Corp.
|
CID000568
|
Compliant
|
Gold
|
Solar Applied Materials Technology Corp.
|
CID001761
|
Compliant
|
Gold
|
Heimerle + Meule GmbH
|
CID000694
|
Compliant
|
Gold
|
Materion
|
CID001113
|
Compliant
|
Tin
|
PT Eunindo Usaha Mandiri
|
CID001438
|
Compliant
|
Gold
|
Kennecott Utah Copper LLC
|
CID000969
|
Compliant
|
Gold
|
Asahi Pretec Corp.
|
CID000082
|
Compliant
|
Tungsten
|
Ganzhou Huaxing Tungsten Products Co., Ltd.
|
CID000875
|
Compliant
|
Gold
|
Dowa
|
CID000401
|
Compliant
|
Gold
|
Sumitomo Metal Mining Co., Ltd.
|
CID001798
|
Compliant
|
Tin
|
PT DS Jaya Abadi
|
CID001434
|
Compliant
|
Gold
|
AngloGold Ashanti Córrego do Sítio Mineração
|
CID000058
|
Compliant
|
Tantalum
|
Ningxia Orient Tantalum Industry Co., Ltd.
|
CID001277
|
Compliant
|
Gold
|
Asahi Refining Canada Ltd.
|
CID000924
|
Compliant
|
Gold
|
JX Nippon Mining & Metals Co., Ltd.
|
CID000937
|
Compliant
|
Tin
|
Rui Da Hung
|
CID001539
|
Compliant
|
Gold
|
Shandong Zhaojin Gold & Silver Refinery Co., Ltd.
|
CID001622
|
Compliant
|
Gold
|
Ishifuku Metal Industry Co., Ltd.
|
CID000807
|
Compliant
|
Gold
|
Mitsubishi Materials Corporation
|
CID001188
|
Compliant
|
Tungsten
|
Xiamen Tungsten (H.C.) Co., Ltd.
|
CID002320
|
Compliant
|
Gold
|
SEMPSA Joyería Platería S.A.
|
CID001585
|
Compliant
|
Gold
|
Mitsui Mining and Smelting Co., Ltd.
|
CID001193
|
Compliant
|
Tungsten
|
H.C. Starck GmbH
|
CID002541
|
Compliant
|
Tin
|
PT Babel Inti Perkasa
|
CID001402
|
Compliant
|
Tin
|
China Tin Group Co., Ltd.
|
CID001070
|
Compliant
|
Gold
|
Chimet S.p.A.
|
CID000233
|
Compliant
|
Gold
|
Tokuriki Honten Co., Ltd.
|
CID001938
|
Compliant
|
Gold
|
Kojima Chemicals Co., Ltd.
|
CID000981
|
Compliant
|
Tantalum
|
Ulba Metallurgical Plant JSC
|
CID001969
|
Compliant
|
Gold
|
Aurubis AG
|
CID000113
|
Compliant
|
Tin
|
PT Belitung Industri Sejahtera
|
CID001421
|
Compliant
|
Tungsten
|
Ganzhou Seadragon W & Mo Co., Ltd.
|
CID002494
|
Compliant
|
Tantalum
|
F&X Electro-Materials Ltd.
|
CID000460
|
Compliant
|
Gold
|
Valcambi S.A.
|
CID002003
|
Compliant
|
Gold
|
Rand Refinery (Pty) Ltd.
|
CID001512
|
Compliant
|
Tungsten
|
Chongyi Zhangyuan Tungsten Co., Ltd.
|
CID000258
|
Compliant
|
Tin
|
Soft Metais Ltda.
|
CID001758
|
Compliant
|
Tin
|
Magnu's Minerais Metais e Ligas Ltda.
|
CID002468
|
Compliant
|
Gold
|
LS-NIKKO Copper Inc.
|
CID001078
|
Compliant
|
Tantalum
|
H.C. Starck Inc.
|
CID002548
|
Compliant
|
Gold
|
PAMP S.A.
|
CID001352
|
Compliant
|
Tantalum
|
Global Advanced Metals Boyertown
|
CID002557
|
Compliant
|
Tin
|
PT Inti Stania Prima
|
CID002530
|
Compliant
|
Tantalum
|
H.C. Starck GmbH Goslar
|
CID002545
|
Compliant
|
Gold
|
Eco-System Recycling Co., Ltd.
|
CID000425
|
Compliant
|
Tungsten
|
Kennametal Huntsville
|
CID000105
|
Compliant
|
Gold
|
The Refinery of Shandong Gold Mining Co., Ltd.
|
CID001916
|
Compliant
|
Gold
|
Republic Metals Corporation
|
CID002510
|
Compliant
|
Tungsten
|
Hunan Chunchang Nonferrous Metals Co., Ltd.
|
CID000769
|
Compliant
|
Tungsten
|
Wolfram Bergbau und Hütten AG
|
CID002044
|
Compliant
|
Tantalum
|
H.C. Starck Hermsdorf GmbH
|
CID002547
|
Compliant
|
Tin
|
PT Prima Timah Utama
|
CID001458
|
Compliant
|
Tantalum
|
H.C. Starck Co., Ltd.
|
CID002544
|
Compliant
|
Tantalum
|
H.C. Starck Smelting GmbH & Co. KG
|
CID002550
|
Compliant
|
Tantalum
|
H.C. Starck Ltd.
|
CID002549
|
Compliant
|
Tantalum
|
H.C. Starck GmbH Laufenburg
|
CID002546
|
Compliant
|
Gold
|
Zhongyuan Gold Smelter of Zhongjin Gold Corporation
|
CID002224
|
Compliant
|
Tungsten
|
A.L.M.T. TUNGSTEN Corp.
|
CID000004
|
Compliant
|
Tantalum
|
Plansee SE Liezen
|
CID002540
|
Compliant
|
Tin
|
PT Artha Cipta Langgeng
|
CID001399
|
Compliant
|
Tin
|
CV Serumpun Sebalai
|
CID000313
|
Compliant
|
Tin
|
PT Wahana Perkit Jaya
|
CID002479
|
Compliant
|
Gold
|
Aida Chemical Industries Co., Ltd.
|
CID000019
|
Compliant
|
Gold
|
Asaka Riken Co., Ltd.
|
CID000090
|
Compliant
|
Gold
|
C. Hafner GmbH + Co. KG
|
CID000176
|
Compliant
|
Tantalum
|
Jiujiang Tanbre Co., Ltd.
|
CID000917
|
Compliant
|
Tin
|
PT Aries Kencana Sejahtera
|
CID000309
|
Compliant
|
Tungsten
|
Guangdong Xianglu Tungsten Co., Ltd.
|
CID000218
|
Compliant
|
Tungsten
|
Japan New Metals Co., Ltd.
|
CID000825
|
Compliant
|
Tin
|
PT BilliTin Makmur Lestari
|
CID001424
|
Compliant
|
Tin
|
PT Panca Mega Persada
|
CID001457
|
Compliant
|
Tin
|
O.M. Manufacturing Philippines, Inc.
|
CID002517
|
Compliant
|
Tantalum
|
Conghua Tantalum and Niobium Smeltry
|
CID000291
|
Compliant
|
Gold
|
Yamamoto Precious Metal Co., Ltd.
|
CID002100
|
Compliant
|
Tantalum
|
Changsha South Tantalum Niobium Co., Ltd.
|
CID000211
|
Compliant
|
Gold
|
Yokohama Metal Co., Ltd.
|
CID002129
|
Compliant
|
Tin
|
PT Justindo
|
CID000307
|
Compliant
|
Gold
|
Metalúrgica Met-Mex Peñoles S.A. De C.V.
|
CID001161
|
Compliant
|
Gold
|
Ohura Precious Metal Industry Co., Ltd.
|
CID001325
|
Compliant
|
Tantalum | Global Advanced Metals Aizu |
CID002558
|
Compliant
|
Gold | Bangko Sentral ng Pilipinas (Central Bank of the Philippines) | CID000128 | Compliant |
Gold
|
Boliden AB
|
CID000157
|
Compliant
|
Tin
|
Dowa
|
CID000402
|
Compliant
|
Tin
|
Elmet S.L.U.
|
CID002774
|
Compliant
|
Tungsten
|
Tejing (Vietnam) Tungsten Co., Ltd.
|
CID001889
|
Compliant
|
Tantalum
|
Exotech Inc.
|
CID000456
|
Compliant
|
Gold
|
Zijin Mining Group Co., Ltd. Gold Refinery
|
CID002243
|
Compliant
|
Gold
|
Istanbul Gold Refinery
|
CID000814
|
Compliant
|
Tantalum
|
JiuJiang JinXin Nonferrous Metals Co., Ltd.
|
CID000914
|
Compliant
|
Tantalum
|
Guangdong Zhiyuan New Material Co., Ltd.
|
CID000616
|
Compliant
|
Tantalum
|
Zhuzhou Cemented Carbide
|
CID002232
|
Compliant
|
Tantalum
|
Plansee SE Reutte
|
CID002556
|
Compliant
|
Tantalum
|
Hengyang King Xing Lifeng New Materials Co., Ltd.
|
CID002492
|
Compliant
|
Tantalum
|
LSM Brasil S.A.
|
CID001076
|
Compliant
|
Gold
|
Nadir Metal Rafineri San. Ve Tic. A.?.
|
CID001220
|
Compliant
|
Tin
|
Jiangxi Ketai Advanced Material Co., Ltd.
|
CID000244
|
Compliant
|
Tin
|
PT ATD Makmur Mandiri Jaya
|
CID002503
|
Compliant
|
Tantalum
|
Mineração Taboca S.A.
|
CID001175
|
Compliant
|
Tantalum
|
Hi-Temp Specialty Metals, Inc.
|
CID000731
|
Compliant
|
Tantalum
|
Duoluoshan
|
CID000410
|
Compliant
|
Tin
|
Melt Metais e Ligas S.A.
|
CID002500
|
Compliant
|
Tantalum
|
Telex Metals
|
CID001891
|
Compliant
|
Gold
|
Umicore Precious Metals Thailand
|
CID002314
|
Compliant
|
Gold
|
PX Précinox S.A.
|
CID001498
|
Compliant
|
Tin
|
CV Venus Inti Perkasa
|
CID002455
|
Compliant
|
Gold
|
Metalor Technologies (Singapore) Pte., Ltd.
|
CID001152
|
Compliant
|
Tin
|
O.M. Manufacturing (Thailand) Co., Ltd.
|
CID001314
|
Compliant
|
Gold
|
Jiangxi Copper Co., Ltd.
|
CID000855
|
Compliant
|
Gold
|
PT Aneka Tambang (Persero) Tbk
|
CID001397
|
Compliant
|
Tin
|
CV Gita Pesona
|
CID000306
|
Compliant
|
Tin
|
Metallic Resources, Inc.
|
CID001142
|
Compliant
|
Tin
|
VQB Mineral and Trading Group JSC
|
CID002015
|
Compliant
|
Tin
|
CV Ayi Jaya
|
CID002570
|
Compliant
|
Tin
|
PT Cipta Persada Mulia
|
CID002696
|
Compliant
|
Tin
|
Resind Indústria e Comércio Ltda.
|
CID002706
|
Compliant
|
Tin
|
PT Bangka Prima Tin
|
CID002776
|
Compliant
|
Tin
|
PT Sumber Jaya Indah
|
CID001471
|
Compliant
|
Tantalum
|
D Block Metals, LLC
|
CID002504
|
Compliant
|
Tantalum
|
Yichun Jin Yang Rare Metal Co., Ltd.
|
CID002307
|
Compliant
|
Gold
|
SOE Shyolkovsky Factory of Secondary Precious Metals
|
CID001756
|
Compliant
|
Gold
|
Umicore Brasil Ltda.
|
CID001977
|
Compliant
|
Not Validated
|
|||
Tin
|
Yunnan Chengfeng Non-ferrous Metals Co., Ltd.
|
CID002158
|
On CFSP Active List
|
Tin
|
An Vinh Joint Stock Mineral Processing Company
|
CID002703
|
On CFSP Active List
|
Gold
|
Samduck Precious Metals
|
CID001555
|
On CFSP Active List
|
Gold
|
Cendres + Métaux S.A.
|
CID000189
|
On CFSP Active List
|
Tin
|
Gejiu Kai Meng Industry and Trade LLC
|
CID000942
|
On CFSP Active List
|
Tin
|
Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy JSC
|
CID002572
|
On CFSP Active List
|
Tin
|
Nghe Tinh Non-Ferrous Metals Joint Stock Company
|
CID002573
|
On CFSP Active List
|
Tin
|
Tuyen Quang Non-Ferrous Metals Joint Stock Company
|
CID002574
|
On CFSP Active List
|
Gold
|
Atasay Kuyumculuk Sanayi Ve Ticaret A.S.
|
CID000103
|
Outreach Required
|
Tungsten
|
Ganzhou Non-ferrous Metals Smelting Co., Ltd.
|
CID000868
|
TI-CMC member company
|