The sales of 2nd quarter in 2004 summed up NT$4,838 million, which grew 33.1% comparing with 1st quarter this year. The gross margin in 2Q'04 were 31.2% while there was no licensing fee income in 2Q'04 comparing with 1Q'04. The R&D expenses in 2Q'04 were 9.9%. Since the inventories reached NT$3.6billion at the end of 2nd quarter in 2004, Sunplus raised the allowance for inventory losses. So the losses on inventory increased to NT$62 million in 2Q'04 and totaled NT$68 million in 1H'04. The net income in 2Q'04 was NT$793 million, which grew 39.7% comparing with 1st Quarter in 2004. The earnings per share in 2Q'04 were NT$1.02 based on current 777,504 thousand shares.
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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.