Faraday Announces Revenue for June - Record Revenue of NT$423 Million

HSINCHU, TAIWAN – July 8, 2004 - Faraday Technology Corporation (TAIEX: 3035) (“Faraday”), a leading silicon IP and fabless ASIC company today announces June revenue of NT$423 million, up 35.8% from the same period last year. A break down of June's revenue includes 87.9% from ASIC and 12.1% from IP.

Table 1: Faraday June Sales Revenue

Net sales	2004	2003	Y-on-Y Change
June	422,674	311,216	35.8%
January through June	2,332,954	1,819,479	28.2%

Unit:KNTD
 
About Faraday Technology Corporation
Faraday Technology Corporation is a leading silicon IP and fabless ASIC vendor. The company's broad IP portfolio includes 32-bit RISC CPUs, DSPs, PHY/Controllers for USB 2.0, Ethernet, and Serial ATA. With more than 500 employees and 2003 revenue of $111 million, Faraday is one of the largest fabless ASIC companies in the Asia-Pacific region, and it also has a significant presence in other markets, world-wide. Headquartered in Taiwan , Faraday has service and support offices around the world, including the U.S. , Japan , Europe, and China . For more information, please visit: http://www.faraday-tech.com