The Vanguard International Semiconductor Corp logo is pictured at the company’s headquarters in the Hsinchu Science Park on Jan. 9 last year. We expect the company’s factory utilization rate to be very high throughout 2021,” Vanguard chairman Fang Leuh (方略) told investors in a teleconference. Asked about the possibility of acquiring a less advanced 6-inch fab, Fang said that the company would clinch a deal as long as the fab has a reasonable price and a good location. Revenue this quarter is expected to increase 11 percent sequentially, or up to NT$10.2 billion from NT$9.18 billion last quarter. In the January-to-March quarter, Vanguard saw its net profit surge 46.36 percent to NT$2.21 billion from NT$1.55 billion last year.

Source: Taipei Times May 04, 2021 15:56 UTC