|Hsin Chu, Taiwan, Nov. 10th, 2003- Vanguard International Semiconductor Corporation (VIS) announced today that the sales revenue for October 2003 was NT$ 1,032 million, with an increase of 79.26% to the same period of 2002. The cumulative revenue for January through October 2003 totaled 8.64 billion, on a year-over-year basis, also increased 23.8% to 2002.
Mr. Daniel S. Chen, spokesman and vice president of Vanguard, noted that October revenue achieved a new record high, and also the first time marked monthly sales exceeding NT$1 billion in 2003. Comparing to previous month, October revenue represented an increase of 6.8% due to the continuous wafer shipments increase. It is expected that customer's demand will drive up the revenue sequentially.