Hsinchu Science Park, Taiwan, April 27th, 2004 - Sunplus Technology Co., Ltd. (TSE: 2401, LSE: SUPD) today announces its financial results of 1st quarter in 2004. The net sales added up to NT$3,635 million, which grew 99.2% comparing with the same period in 2003. Overall gross margin in 1Q'04 were 32.4%, R&D expenses were 12.7% of the net sales of 1Q'04. The net income in 1Q'04 were NT$568 million, which earnings per share were NT$0.73 based on current 777,504 thousand shares.

(in NT$ thousand) 1Q2004 1Q2003 YoY Net Sales 3,634,990 100.0% 1,824,370 100.0% 99.2% Gross Margin 1,176,715 32.4% 550,713 30.2% 113.7% Operating Income 586,998 16.2% 164,332 9.0% 257.2% Net Income 567,863 15.6% 213,040 11.7% 166.6% EPS(NT$) * Based on 777.504 million shares 0.73 0.27

 

(in NT$ thousand) 1Q2004 4Q 2003 QoQ Net Sales 3,634,990 100.0% 3,761,752 100.0% -3.4% Gross Margin 1,176,715 32.4% 1,283,486 34.1% -8.3% Operating Income 586,998 16.2% 772,712 20.5% -24.0% Net Income 567,863 15.6% 802,381 21.3% -30.6% EPS(NT$) * Based on 777.504 Million Shares 0.73 1.03

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