|Hsinchu, Taiwan, August 4th, 2009 - Vanguard International Semiconductor Corporation today announced its second quarter financial results. Second quarter revenue was NT$3,432 million, generating after tax net income around NT$149 million, and EPS of NT$0.09.
Compared with the previous quarter, second quarter revenue increased by 103% to NT$3,432 million, from NT$1,689 million in the first quarter of 2009. On a year-over-year comparison, revenue for the second quarter decreased around 25%. Wafer shipment for the second quarter reached 227,000 wafers, representing a 115% increase from 106,000 wafers from the previous quarter. Due to higher utilization rate, gross margin rose from -33% to 14% compared with previous quarter.
For the third quarter of 2009, VIS spokesperson Mr. Robert Hsieh said, Ą§Due to traditional high season, customers still have fair demand, we expect wafer shipment to increase by mid twenties percentage QoQ. Fab utilization rate to be mid seventies percentage. Gross profit margin to be around twenty percentage. The blended ASP will increase by low single digit percentage QoQ.Ą¨