July 2026 Revenue: NT$4.71B, +30.3% YoY
Original: 2026年7月 月營收 - 4,705,722千元 (MoM -21.3%, YoY +30.3%)
Summary
Vanguard International Semiconductor (5347) reported July 2026 monthly revenue of NT$4.71B, up 30.3% year-over-year, extending a double-digit YoY growth streak consistent with the ongoing analog and specialty foundry upcycle off a weak 2025 base. The -21.3% sequential decline from June's NT$5.98B reflects typical month-end shipment front-loading and seasonal softness rather than demand deterioration — Vanguard's PMIC, display driver, and MCU-focused capacity remains well-utilized. YTD revenue through July reached NT$31.48B (+15.5% vs. the same seven-month period in 2025), confirming the structural recovery trajectory in the specialty foundry segment.
Full Translation
Filing Date: 2026-08-11 | Reporting Period: July 2026 (ROC 115-07)
Monthly Revenue
• July 2026: NT$4,705,722K (≈ NT$4.706B)
• June 2026: NT$5,976,507K (≈ NT$5.977B) → MoM change: -21.3%
• July 2025: NT$3,612,796K (≈ NT$3.613B) → YoY change: +30.3%
YTD Cumulative Revenue (January–July)
• 2026 YTD: NT$31,482,196K (≈ NT$31.48B)
• 2025 YTD: NT$27,261,448K (≈ NT$27.26B)
• YTD YoY change: +15.5%
Contextual Notes
• Vanguard (世界先進, TWSE: 5347) is a TSMC-spun specialty foundry focused on analog, power management ICs (PMIC), display drivers, and MCUs — not exposed to leading-edge logic or HBM memory. Its revenue cycle tracks analog/IoT/automotive end-demand rather than AI accelerator build-outs.
• The +30.3% YoY gain is measured against a soft July 2025 base (NT$3.61B), when specialty foundry demand was in correction. The absolute revenue level of NT$4.71B is below June's NT$5.98B, which was unusually strong and likely reflected quarter-end shipment acceleration.
• The 15.5% YTD YoY growth rate is a more stable signal of the underlying recovery trend and suggests broad-based improvement in specialty foundry utilization through mid-2026.
• No extraordinary items noted (備註: -).