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PSC Announced 2008 Q2 Unaudited Financial Results

July23, 2008, Hsinchu, Taiwan-Powerchip Semiconductor Corporation (PSC) announced today its 2008 Q2 unaudited financial figures. It is reported that total revenue reached NT$ 17.44 billion, and gross loss from April to June was NT$ 5.843 billion, with pre-tax loss of NT$ 7.610 billion and after-tax net loss of NT$ 7.273 billion. The company¡¦s gross margin was -33.5% and operating margin was
-40.8%, representing loss per share of NT$ 0.93.

PSC¡¦s 2008 Q2 Unaudited Financial Figures:
Item                   Apr.-Jun.2008   
-----------           -----------------  
Net Revenues              17,439,556
Gross Profit              (5,842,774)
Operating Profit          (7,121,700)
Net Income before tax     (7,609,905)
Net Income after tax      (7,273,441)
Earning per Share (NT$)        (0.93)
*Unit: Thousand NT$, except for EPS



Spokesperson : Eric Tang(886-2-25170055)
Contact : Shannon Wu(886-3-5795000 ext.2009)