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VIS Reports 2014 Fourth Quarter Results
Hsinchu, Taiwan, February 9, 2015 - Vanguard International Semiconductor Corporation today announced its fourth quarter financial results. Fourth quarter consolidated revenue was NT$6,418 million, net income around NT$1,448 million, and EPS of NT$0.88. Accumulated consolidated revenue for the year of 2014 totaled NT$23.931 billion, with after tax net income of NT$5.438 billion, and EPS of NT$3.30.

On a sequential basis, fourth quarter revenue increased 4% to NT$6,418 million, from NT$6,185 million in previous quarter. On a year-over-year comparison, revenue for the fourth quarter increased around 19%. Wafer shipment for the fourth quarter reached 488 thousand wafers, representing around 2% increase from 479 thousand wafers from the previous quarter. Gross profit margin was around 35%.

For the first quarter of 2015, VIS spokesperson Mr. D.L. Tseng said, ˇ§As customers become conservative in wafer foundry demand, we expect wafer shipment to decrease by 1% to 3% QoQ. Fab utilization rate to be between 97% to 99%. Gross profit margin to be between 33% to 35%. The blended ASP to decrease by 1% to 3% QoQ.ˇ¨

VIS SpokespersonˇG
D.L. Tseng - Vice President
Vanguard International Semiconductor Corporation
Tel: 886-3-5770355
E-mail: pr@vis.com.tw

Media ContactsˇG
Lily Hsu ˇV Public & Investor Relations Department
Vanguard International Semiconductor Corporation
Tel: 886-3-5770355 ext. 1901
Fax: 886-3-57788572
Mobil: 0910-296-018
E-mail: llhsu@vis.com.tw