Taipei Times
Date: Feb 09, 2018
By: Ted Chen  /  Staff reporter

Vanguard International Semiconductor Corp (世界先進) expects sales to remain relatively flat this quarter amid stable customer demand.

Revenue is expected to reach between NT$6.2 billion and NT$6.6 billion (US$211 million and US$224.6 million) this quarter, Vanguard vice president D. L. Tseng (曾棟樑) told an investors’ conference in Taipei.

Compared with NT$6.37 billion last quarter, that would represent a sequential decline of 2.7 percent or a gain of 3.5 percent.

Gross margin is forecast to range between 31 and 33 percent, and operating margin between 20 and 22 percent, Tseng said.    [FULL STORY]