The net sales of 2Q'03 totaled NT$2,412 million, which net income amounted NT$420 million, and the earnings per share would be NT$ 0.54 based on the current 777.504 million shares. Due to product mix change and increase of license fee income, the gross margin of 2Q'03 increased to 36.9%. The R&D expenses in 2nd Quarter were 16.1% of the net sales, which were 17.4% in 1st Quarter in 2003. Net sales of 2nd quarter in 2003 grew about 30% compared to 1st quarter, while the net income in 2nd quarter jumped 97.3% comparing with 1st quarter.
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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.