|Hsinchu, Taiwan, November 3, 2014 - Vanguard International Semiconductor Corporation today announced its third quarter financial results. Third quarter consolidated revenue was NT$6,185 million, net income around NT$1,324 million, and EPS of NT$0.8.
On a sequential basis, third quarter revenue increased 6% to NT$6,185 million, from NT$5,822 million in previous quarter. On a year-over-year comparison, revenue for the third quarter increased around 6%. Wafer shipment for the third quarter reached 479 thousand wafers, representing around 9% increase from 440 thousand wafers from the previous quarter. Gross profit margin was around 34%.
For the fourth quarter of 2014, VIS spokesperson Mr. D.L. Tseng said, ˇ§As customers keep strong wafer demand, we expect wafer shipment to be flat QoQ. Fab utilization rate to be around 100%. Gross profit margin to be between 32% to 34%. The blended ASP to be flat QoQ.ˇ¨