Press Release
2003.04.25
Sunplus Announces 1st Quarter 2003 Financial Result
Science-Based Industrial Park, Hsinchu, Taiwan, April 25th, 2003 - Sunplus Technology Co., Ltd. (TSE: 2401, LSE: SUPD) today announced its 2003 1st Quarter financial results. The net sales of 1Q'03 totaled NT$1,824 million, which grew 9.0% compared to 1Q'02. Due to product mix change, the gross margin were 30.2% similar to 4Q'02, which were 30.6%. The net income from operations added up to NT$ 164 million. The R&D expenses in 1st Quarter were 17.4% of the net sales, which were 14.4% in the same period in 2002. The net income amounted to NT$213million, and the earnings per share would be NT$ 0.31 based on the current 694.95 million shares.

(in NT$ thousand)
1Q 2003Amount
1Q 2002Amount
YoYChange
Net Sales
1,824,370
100.0%
1,673,710
100.0%
9.0%
Gross Margin
550,713
30.2%
657,358
39.3%
-16.2%
Operating Income
164,332
9.0%
357,258
21.3%
-54.0%
Net Income
213,040
11.7%
431,636
25.8%
-50.6%
EPS(NT$)* Based on 694.95 million shares
0.31
0.62
 

About Sunplus

Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD), established in 1990, is a leading chip provider for multimedia and automotive applications such as DVD player, portable DVD player, home entertainment audio products, car infotainment and advanced driving assistance system(ADAS). Meanwhile Sunplus is offering high-speed I/O IP, high performance data conversion IP, and analog IP for a broad range of applications on consumer, portable, and connected devices for Sunplus has been accumulating strong IP technologies on consumer and multimedia segments. Sunplus is headquartered in Taiwan and has service offices in Shanghai, Shenzhen and Chengdu. For more information, please visit Sunplus website at www.sunplus.com.

Sunplus Contact

Spokesperson

Wayne Shen
Vice President
+886-3-5786005#2350
wayne@sunplus.com

Deputy Spokesperson

Joseph Chuang
Administration Div. Director
+886-3-5786005#3120
pr@sunplus.com