|Hsinchu, Taiwan, October 30th, 2009 - Vanguard International Semiconductor Corporation today announced its third quarter financial results. Third quarter revenue was NT$4,343 million, generating after tax net income around NT$684 million, and EPS of NT$0.41.
Compared with the previous quarter, third quarter revenue increased by 27% to NT$4,343 million, from NT$3,432 million in the second quarter of 2009. On a year-over-year comparison, revenue for the third quarter remains the same level. Wafer shipment for the third quarter reached 284,000 wafers, representing a 25% increase from 227,000 wafers from the previous quarter. Gross margin rose from 14% to 22% compared with previous quarter.
For the fourth quarter of 2009, VIS spokesperson Mr. Robert Hsieh said, ¡§After extremely high growing quarter of second and third quarter, most of our customers are turning conservative and actively doing inventory control in the fourth quarter, we expect wafer shipment to decrease by around thirty percentage QoQ. Fab utilization rate to be around fifty percentage. Gross profit margin to be high single digit percentage. The blended ASP will decrease by a low single digit percentage QoQ.¡¨