1

2

• Consolidated financials include: DEI + DIH + DNI – Inter-company

• Interim consolidated numbers are internal figures and reviewed by CPA

• Consolidated numbers are audited only at yearend

3

2003 Quarterly Results

4

13.4 12.4 12.3 11.912.9

4Q02 1Q03 2Q03 3Q03 4Q03

RevenuesRevenuesUnit: NT$ billion

5

Power Related

Products

NetworkingProducts

Components

Video Displays

4Q02 4Q03

Revenues by ProductRevenues by Product

47%

3%11%

16%

23%

53%

7%

22%

14%

4%

Electro-

Mechanical

6

Gross ProfitGross ProfitUnit: NT$ billion & % of sales

2.33 2.50 2.60 2.782.73

21.6%21.8%20.4%

21.9%17.4%

4Q02 1Q03 2Q03 3Q03 4Q03

7

R&D ExpenseR&D ExpenseUnit: NT$ billion & % of sales

0.74 0.72 0.82 0.80 0.80

5.5% 5.8%

6.7% 6.7%6.2%

4Q02 1Q03 2Q03 3Q03 4Q03

8

SG&A ExpenseSG&A ExpenseUnit: NT$ billion & % of sales

0.79 0.82 0.74 0.840.78

5.9%

6.6%

6.0%

6.6% 6.5%

4Q02 1Q03 2Q03 3Q03 4Q03

9

Operating ExpenseOperating ExpenseUnit: NT$ billion & % of sales

1.54 1.55 1.56 1.58 1.63

11.4%

12.4% 12.7%13.3%

12.7%

4Q02 1Q03 2Q03 3Q03 4Q03

10

Operating ProfitOperating ProfitUnit: NT$ billion & % of sales

1.151.02

0.94

1.18

0.80

5.9%

9.5%

7.7%8.5% 8.9%

4Q02 1Q03 2Q03 3Q03 4Q03

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Non-Operating ProfitNon-Operating ProfitUnit: NT$ billion & % of sales

0.34 0.24

0.54

(0.14)-0.003-1.1%

4.4%2.5%

0.0%2.0%

4Q02 1Q03 2Q03 3Q03 4Q03

12

Non-Operating Income BreakdownNon-Operating Income BreakdownUnit: NT$ million

4Q03

Disposal gain 46Investment income (137)Interest income 84Cash Dividend 9F/X (190)Others 46Total (143)

Disposal gain includes investment disposal and disposal of fixed assets

13

Net Income Before TaxNet Income Before TaxUnit: NT$ billion & % of sales

1.26

1.01

1.481.181.13

8.4%

9.5%

12.0%

10.6%

7.8%

4Q02 1Q03 2Q03 3Q03 4Q03

14

(NT$ billion) 3Q03 4Q03

Net income before tax 1.261 1.007Tax benefit 0.010 0.005Minority interest (0.068) 0.100Net income after tax 1.203 1.112

Tax Benefit & Minority InterestTax Benefit & Minority InterestUnit: NT$ billion

15

Net Income After TaxNet Income After TaxUnit: NT$ billion & % of sales

1.201.11

1.82

1.080.96

7.2%8.7%

14.8%

8.6%10.1%

4Q02 1Q03 2Q03 3Q03 4Q03

16

EPS (unit: NT$)EPS (unit: NT$)

0.65 0.73

1.23

0.81 0.75

4Q02 1Q03 2Q03 3Q03 4Q03

* ALL EPS fully diluted at current shares outstanding of 1,480 million shares.

17

Accumulated 2003 Results

18

Actual vs. forecast (parent company)Actual vs. forecast (parent company)

(billion NTD)

• Sales 40.6 vs. 39.6 102.5%

• Net income 5.215 vs. 4.774 109.2%

19

(billion NTD) • Sales 49.542 vs. 51.472 96.3%• Gross profit 10.613 vs. 10.996 96.5%• SG&A 3.183 vs. 3.322 95.8%• Op profit 4.289 vs. 4.675 91.7%• Net income 5.215 vs. 4.774 109.3%

Actual vs. forecast (consolidated)Actual vs. forecast (consolidated)

20

48.5 49.5

2002 2003

RevenuesRevenuesUnit: NT$ billion

21

46%

18%

16%

17%

3%

48%

15%

20%

12%4% Power Related

Products

NetworkingProducts

Components

Video Displays

2002 2003

Revenues by ProductRevenues by Product

Electro-

Mechanical

22

Gross ProfitGross ProfitUnit: NT$ billion & % of sales

9.9 10.6

21.4%20.5%

2002 2003

23

R&D ExpenseR&D ExpenseUnit: NT$ billion & % of sales

2.76 3.14

6.3%5.7%

2002 2003

24

SG&A ExpenseSG&A ExpenseUnit: NT$ billion & % of sales

3.38 3.18

6.4%7.0%

2002 2003

25

Operating ExpenseOperating ExpenseUnit: NT$ billion & % of sales

6.15 6.32

12.8%12.7%

2002 2003

26

Operating ProfitOperating ProfitUnit: NT$ billion & % of sales

3.804.29

8.7%7.8%

2002 2003

27

Non-Operating ProfitNon-Operating ProfitUnit: NT$ billion & % of sales

1.050.63

1.3%2.2%

2002 2003

28

Non-Operating Income BreakdownNon-Operating Income BreakdownUnit: NT$ million

2002 2003

Disposal gain 294 168Investment income 299 (351)Interest income 82 159F/X 44 190Cash Dividend 78 52Others 249 412Total 1,047 632

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Net Income Before TaxNet Income Before TaxUnit: NT$ billion & % of sales

4.84 4.92

9.9%10.0%

2002 2003

30

Net Income After TaxNet Income After TaxUnit: NT$ billion & % of sales

4.28 5.22

10.5%

8.8%

2002 2003

31

EPS (unit: NT$)EPS (unit: NT$)

2.89 3.52

2002 2003

* EPS fully diluted at current shares outstanding of 1,480 million shares.

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