2002.07.26
    
    
      Sunplus Announces 1H02 Financial Result
    
    
    Science-Based Industrial Park, Hsinchu, 
                                  Taiwan, July 26, 2002 - Sunplus Technology 
                                  Co., Ltd. (TSE: 2401, FTSE:SUPD) today announced 
                                  its financial results for the first half of 
                                  2002. Net sales for the 2002 first half were 
                                  NT$3.954 billion, which is 33.7% growth compared 
                                  to NT$2.956 billion for the 1st half year of 
                                  2001. The net sales reached 45.4% of the yearly 
                                  forecast NT$8.708 billion for 2002. Due to product 
                                  structure change, the operating margin for the 
                                  first half of 2002 declined to 38.5%, which 
                                  is 1% lower than the whole year forecast 39.5% 
                                  of 2002, and also 0.4% less compared to 38.9.0% 
                                  for the first half of 2001. The net income from 
                                  operation added up to NT$913million, which reached 
                                  35.3% of NT$ 2.586 billion yearly forecast. 
                                  The result came from the non-operating side 
                                  such as about NT$72 million foreign exchange 
                                  loss in the first half of 2002. For the stock 
                                  market is not good, there were NT$100 million 
                                  less than the forecast of gain on the dispose 
                                  of investments. The R&D expenses for the first 
                                  half were 12.2% of the sales revenue and higher 
                                  than same period of last year as 10.3%. The 
                                  Net income amounted to NT$933 million so that 
                                  earnings per share would be NT$1.34 based on 
                                  the current 694.95 million shares after stock 
                                  dividend.
                                
                                
                                   
                                    | (in NT$M) | 1H02 Amount* | 1H01 Amount | YoY change | 
                                   
                                    | Net Sales | 3,954 | 100 % | 2,957 | 100 % | 33.7% | 
                                   
                                    | Gross Margin | 1,522 | 38.5% | 1,151 | 38.9% | 32.2% | 
                                   
                                    | Operating Income | 913 | 23.1% | 738 | 24.9% | 23.6% | 
                                   
                                    | Net Income | 933 | 23.6% | 967 | 32.6% | -3.6% | 
                                   
                                    | EPS(NT$) | 1.34 |  |  |