TAIPEI (Taiwan News) — Vanguard International Semiconductor (VIS) said Tuesday it expects wafer shipments to grow 1% to 3% in Q3, fueled by demand for power management chips.
VIS President Wei Chi-shih (尉濟時) said capacity utilization is expected to rise to 90% in Q3, while average selling prices are forecast to increase by 2% to 4%, per CNA. He added that demand for AI server power management chips and seasonal inventory replenishment remain strong, with order visibility extending about four months.
The company reported Q2 revenue of NT$14.25 billion (US$439 million), up 13.7% from the previous quarter, as wafer shipments rose 11% and average selling prices increased 3%, per MoneyDJ. Gross margin improved to 32.3%, while net profit climbed 32.4% quarter-on-quarter to NT$2.98 billion, with earnings per share of NT$1.56.
Wei said capacity utilization is expected to exceed 90% in Q4 as demand remains healthy. He added that VIS's 12-inch fab in Singapore produced its first wafers in June with yields above 99% and remains on track to begin mass production in Q1 2027.
To meet long-term customer demand, VIS plans to upgrade part of its mature-node production capacity to finer process technologies. Capital expenditures this year are expected to remain between NT$60 billion and NT$70 billion, similar to 2025 levels.
VIS Chair Fang Leuh (方略) said the company has begun discussing 2027 pricing with customers. He said rising costs and capacity investments mean further price increases are expected next year.
