|Hsinchu, Taiwan, August 4, 2014 - Vanguard International Semiconductor Corporation today announced its second quarter financial results. Second quarter consolidated revenue was NT$5,822 million, net income around NT$1,323 million, and EPS of NT$0.8.
On a sequential basis, second quarter revenue increased 6% to NT$5,822 million, from NT$5,507 million in previous quarter. On a year-over-year comparison, revenue for the second quarter increased around 9%. Wafer shipment for the second quarter reached 440 thousand wafers, representing around 3% increase from 428 thousand wafers from the previous quarter. Gross profit margin was around 38%.
For the third quarter of 2014, VIS spokesperson Mr. D.L. Tseng said, ¡§After fab acquisition, we expect wafer shipment to increase by 6% to 8% QoQ. Fab utilization rate to be around 100%. Gross profit margin to be between 33% to 35%. The blended ASP to be flat QoQ.¡¨