The Board of Directors of HOLTEK approved the financial results of Q3 2011

October 25, 2011

The Board of Directors of Holtek today approved the financial results of Q3 2011.

Accumulated consolidated sales from January to September 2011 were NT$2,742 million, showing a 14.5% decrease compared with the sales of the same period in 2010. The average gross margin was 42.7% of the period from January to September 2011, dropping down from 46.0% of the same period in 2010. The accumulated pre-tax earnings were amounting to NT$498 million, representing a 30.3% decrease YOY, and the accumulated earning after tax were amounting to NT$432 million, also showing a 36.3% decrease YOY. As a result, the earnings per share of the period from January to September 2011 were NT$2.23 for pre-tax and NT$ 1.93 for after-tax based on the average outstanding shares. The accumulated earnings per share of NT$1.93 consist of NT$0.50 in Q1, NT$0.73 in Q2 and NT$0.70 in Q3.
The breakdowns of product lines were 51% of the total sales for standard MCU ICs, 30% for consumer ICs, 12% for PC peripheral ICs, 3% for memory ICs, 2% for communication ICs, and 2% for other ICs. The total MCU sales which included the sales of standard MCU ICs and embedded MCU ICs accounted for 64% of the total sales for the period from January to September 2011.

Holtek Semiconductor Inc., as a leading professional IC design house, has developed full range of more new OTP and Flash type MCUs, based on its own technology of 8-bit MCU core. Those new MCU products cover the applications for brushless motor control, touch switch, banking card reader and etc. In 2011, Holtek released the first 32-bit Flash MCU, with ARM Cortex-M3 core, in order to expand the product to high-end and high speed applications, such as fingerprint identification and AC motor controller. As to the peripheral products, Holtek focused on all the competitive series of display driver, power management and analog ICs. The new peripheral products included new LCD driver ICs, various types of DC-DC converters, white LED backlight and LED lighting. Holtek intends to develop more integrated products with high quality to ensure the continuous growing momentum and provide more efficient and localized sales services for its customers to keep competitive position in MCU market.

Due to not yet resolved Euro and USA debt issues and slowing down China economy, Holtek will more aggressively devote to the development of MCU and peripheral ICs under the uncertain and bearish market in the second half of 2011. Holtek will also cooperate closely with major agents and end customers, keep eyes on every possible design-win opportunity. Since well-known with its stable profitability, healthy financial situation and diligent and creative workforce, Holtek is confident to outperform and gain more market shares to create high returns to its shareholders while facing the coming challenges.

Spokesperson: Ms. Patty Li
Tel: 886-3-5631999
HOLTEK SEMICONDUCTOR INC.