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PSC Announced 2010 Q1 Unaudited Financial Results

Hsinchu, Taiwan¡ÐApril 12, 2010¡ÐPowerchip Semiconductor Corporation (PSC, ticker 5346) today announced unaudited figures for Q1 2010 with total revenue of 18.316 billion NT dollars.  Not including contributions from Rexchip Electronics, PSC¡¦s earnings before taxes were 4.043 billion NTD, after tax profits were 3.537 billion NTD representing earnings per share of 0.40 NTD.  

PSC would like to indicate that as DRAM prices increased again during Q1, together with PSC¡¦s smooth capacity revival and further increasing the portion of higher margin DDR3 products, led to the turnaround in operations.  For Q1, PSC¡¦s unaudited gross profit was 4.993 billion NTD or 27% unaudited gross margin rate and 22% unaudited operating margin rate.  Not including Rexchip Electronics contributions, PSC¡¦s Q1 unaudited earnings pre-tax profits topped 4 billion NTD.



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