The board of directors approved the financial results of year 2004

January 27, 2005

The Company announced today its financial results of year 2004, which had been approved by the board of directors. The total sales in 2004 were NT$3,838 million, representing a 6% growth YOY. The net income before tax in 2004 were NT$800 million, showing a 63% remarkable growth YOY. And net income after tax were NT$777.5 million, which earnings per share were NT$ 4.01 based on current 194.1 million shares.

The breakdowns of quarterly sales were NT$932 million in 1Q04 , NT$1,008 million in 2Q04, NT$1,008 million in 3Q04, and NT$890 million in 4Q04. The breakdowns of each product line sales were: Consumer ICs and standard MCU ICs, 34% of total sales, respectively; memory ICs and PC peripheral ICs, 9%, respectively; communication ICs, 6%; ASIC ICs and others, 8%. The standard MCU sales, which increased most significantly among the product lines, accounted for NT$1,301 million and 26% growth YOY. Additionally, together with the sales of embedded MCU ICs, the total MCU sales accounted for 50% of the Company's total sales.