SOURCE: STATS ChipPAC

January 24, 2007 16:00 ET

STATS ChipPAC Reports Fourth Quarter and Full Year 2006 Results

Revenue at Record Level of $1.6 Billion; Revenue Grew 40% Year-Over-Year; Net Income at Record High of $76.8 Million

UNITED STATES -- (MARKET WIRE) -- January 24, 2007 -- SINGAPORE -- 1/25/2007 -- STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (NASDAQ: STTS) (SGX-ST: STATSChP), a leading independent semiconductor test and advanced packaging service provider, today announced results for the fourth quarter and full year 2006.

Tan Lay Koon, President and Chief Executive Officer of STATS ChipPAC said, "The fourth quarter concluded a record year for our company. We achieved the highest revenue and profits in the history of our company. We also generated free cash flow and significantly improved our capital efficiency. Our capital expenditures in 2006 were $348.5 million or 21.6% of revenue, compared to $277.7 million or 24.0% of revenue in 2005, which supported nearly 40% revenue growth in 2006.

We believe our financial performance over the last two years validates the resiliency of our post-merger business model. With a broader and more diversified customer base and end markets exposure, more comprehensive service offerings, enhanced leadership in technology and a global manufacturing footprint, we are better positioned to deliver more stable operational and financial performance through the semiconductor industry cycles."

Revenue for the fourth quarter of 2006 increased 16.4% to $416.0 million, compared to $357.5 million in the fourth quarter of 2005. This represents a sequential increase of 4.8% compared to the third quarter of 2006. On a US GAAP basis, net income for the fourth quarter of 2006 was $28.3 million or $0.13 per diluted ADS, compared to net income of $16.9 million or $0.08 per diluted ADS in the fourth quarter of 2005. US GAAP results for the fourth quarter of 2006 and 2005 include $8.2 million and $13.9 million in special items and costs associated with the merger of STATS and ChipPAC, respectively. Excluding the special items and including certain adjustments, non-GAAP adjusted net income for the fourth quarter of 2006 was $36.5 million or $0.17 per diluted ADS, compared to a non-GAAP adjusted net income of $30.8 million or $0.15 per diluted ADS in the fourth quarter of 2005. Results for the fourth quarter of 2006 include $3.0 million in share-based compensation expense as required under SFAS 123(R).

Revenue for the full year 2006 increased 39.7% to $1.6 billion, compared to $1.2 billion in 2005. On a US GAAP basis, net income for the full year 2006 was $76.8 million or $0.37 per diluted ADS, compared to a net loss of $(26.3) million or a net loss of $(0.13) per diluted ADS in 2005. US GAAP results for the full year 2006 and 2005 include $48.8 million and $59.6 million in special items and costs associated with the merger of STATS and ChipPAC, respectively. Excluding the special items and including certain adjustments, non-GAAP adjusted net income for the full year 2006 was $125.6 million or $0.59 per diluted ADS, compared to a non-GAAP adjusted net income of $33.3 million or $0.17 per diluted ADS in 2005. Results for the full year 2006 include $13.7 million in share-based compensation expense as required under SFAS 123(R).

Michael G. Potter, Chief Financial Officer of STATS ChipPAC said, "We further established STATS ChipPAC as a leader in our industry and significantly improved our financial metrics. In the fourth quarter alone, we achieved positive free cash flow, reduced our debt and improved our balance sheet. We maintained a disciplined approach to capital expenditures spending during this period, while fully supporting our customers globally. We will remain focused on taking additional costs out of all parts of our business and further improving customer service. We expect to be able to continue funding capital expenditures from the cash we generate from our business and without increasing our debt level. For the full year 2007, we expect capital expenditures to be approximately $250 million, depending on business conditions."

Outlook

Tan Lay Koon, commented, "Industry sources currently expect the overall semiconductor industry to grow about 7% in 2007. Historically, we have outpaced the growth of the semiconductor industry and we believe we are well positioned to benefit from the growing outsourcing trend and from our strategic positioning in the higher growth communication, computing and consumer markets. In 2007, we will continue to focus on margin expansion and return on invested capital, and further improve our capital efficiency and cash flow generation.

As for the first quarter of 2007, our current customer forecasts reflect the seasonal slowdown in the semiconductor industry and their general caution. Specifically, we currently expect revenue in the first quarter of 2007 to be approximately in the range of $374.0 million to $391.0 million or in the range of 6% to 10% lower than the fourth quarter of 2006, with US GAAP net income in the range of $12.0 million to $21.0 million, which represents US GAAP net income per diluted ADS of $0.06 to $0.10, including the impact of approximately $0.02 per ADS for the expensing of share-based compensation."

Investor Conference Call / Webcast Details

A conference call has been scheduled for 8:00 a.m. in Singapore on Thursday, January 25, 2007. This will be 7:00 p.m. in New York on Wednesday, January 24, 2007. During the call, time will be set-aside for analysts and interested investors to ask questions of executive officers.

The call may be accessed by dialing +1-201-689-8560. A live webcast of the conference call will be available on STATS ChipPAC's website at www.statschippac.com. A replay of the call will be available 3 hours after the live call through 12:59 p.m. on Thursday, February 1, 2007 (in Singapore) or 11:59 p.m. on Wednesday, January 31, 2007 (in New York) at www.statschippac.com and by telephone at +1-201-612-7415. The account number to access the replay is 3055 and the conference ID number is 225166.

About STATS ChipPAC Ltd.

STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (NASDAQ: STTS) (SGX-ST: STATSChP), is a leading service provider of semiconductor packaging design, assembly, test and distribution solutions. A trusted partner and supplier to leading semiconductor companies worldwide, STATS ChipPAC provides fully integrated, multi-site, end-to-end packaging and testing solutions that bring products to the market faster. Our customers are some of the largest wafer foundries, integrated device manufacturers (IDMs) and fabless companies in the United States, Europe and Asia. STATS ChipPAC is a leader in mixed signal testing and advanced packaging technology for semiconductors used in diverse end market applications including communications, power, digital consumer and computing. With advanced process technology capabilities and a global manufacturing presence spanning Singapore, South Korea, China, Malaysia and Taiwan, STATS ChipPAC has a reputation for providing dependable, high quality test and packaging solutions. The Company's customer support offices are centered in the United States (California's Silicon Valley, Arizona, Texas, Massachusetts, Colorado and North Carolina). Our offices outside the United States are located in South Korea, Singapore, China, Malaysia, Taiwan, Japan, the Netherlands and United Kingdom. STATS ChipPAC's facilities include those of its subsidiary, Winstek Semiconductor Corporation, in Hsinchu District, Taiwan. These facilities offer new product introduction support, pre-production wafer sort, final test, packaging and other high volume preparatory services. Together with our research and development centers in South Korea, Singapore, Malaysia, China, Taiwan and the United States as well as test facilities in the United States, this forms a global network providing dedicated test engineering development and product engineering support for customers from design to volume production. STATS ChipPAC is listed on both the Nasdaq Stock Market and the Singapore Exchange Securities Trading Limited. In addition, STATS ChipPAC is also included in the Morgan Stanley Capital International (MSCI) Index and the Straits Times Industrial Index. Further information is available at www.statschippac.com. Information contained in this website does not constitute a part of this release.

Certain statements in this release, including statements regarding expected future financial results and industry growth, are forward-looking statements that involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this release. Factors that could cause actual results to differ include general business and economic conditions and the state of the semiconductor industry; level of competition; demand for end-use applications products such as communications equipment and personal computers; reliance on a small group of principal customers; decisions by customers to discontinue outsourcing of test and packaging services; continued success in technological innovations; availability of financing; delays in acquiring or installing new equipment; our substantial level of indebtedness; potential impairment charges; ability to develop and protect our intellectual property; intellectual property rights disputes and litigation; capacity utilization; limitations imposed by our financing arrangements which may limit our ability to maintain and grow our business; pricing pressures including declines in average selling prices; changes in customer order patterns; shortages in supply of key components; disruption of our operations; loss of key management or other personnel; defects or malfunctions in our testing equipment or packages; changes in environmental laws and regulations; exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; significant ownership by Temasek Holdings (Private) Limited (Temasek Holdings) that may result in conflicting interests with Temasek Holdings and our affiliates; our ability to successfully integrate the operations of former STATS and ChipPAC and their employees; labor union problems in South Korea; uncertainties of conducting business in China; unsuccessful acquisitions and investments in other companies and businesses; and other risks described from time to time in the Company's SEC filings, including its annual report on Form 20-F dated February 28, 2006. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Since the beginning of fiscal 2005, we employed quarterly and fiscal year reporting periods that end on the Sunday nearest to end of each calendar quarter or calendar year, as the case may be. Our fourth quarter of 2006 ended on December 31, 2006, while our fourth quarter of 2005 ended on December 25, 2005. References to "US GAAP" are to Generally Accepted Accounting Principles as practiced in the United States of America and references to "$" are to the lawful currency of the United States of America.


                            STATS ChipPAC Ltd.
              Condensed Consolidated Statements of Operations
      (In thousands of U.S. Dollars, except share and per share data)
                                (Unaudited)


                            Three Months Ended      Twelve Months Ended
                          ----------------------  ------------------------
                        December 25, December 31, December 25, December 31,
                             2005        2006         2005         2006
                          ----------  ----------  -----------  -----------

Net revenues              $  357,463  $  415,982  $ 1,157,253  $ 1,616,933
Cost of revenues (1)        (279,146)   (332,145)    (968,023)  (1,290,773)
                          ----------  ----------  -----------  -----------
Gross profit                  78,317      83,837      189,230      326,160

Operating expenses:
   Selling, general and
    administrative (2)        35,710      29,134      135,751      139,466
   Research and
    development (3)            7,350       7,932       26,071       30,446
   Restructuring charges
    (4)                            -           -          830        1,938
                          ----------  ----------  -----------  -----------
      Total operating
       expenses               43,060      37,066      162,652      171,850
                          ----------  ----------  -----------  -----------

Operating income (loss)       35,257      46,771       26,578      154,310

Other income (expenses),
 net (5)                      (9,282)    (10,920)     (36,760)     (41,733)
                          ----------  ----------  -----------  -----------

Income (loss) before
 income taxes                 25,975      35,851      (10,182)     112,577
Income tax expense (6)        (6,144)     (5,493)      (9,689)     (25,759)
                          ----------  ----------  -----------  -----------
Income (loss) before
 minority interest            19,831      30,358      (19,871)      86,818
Minority interest             (2,949)     (2,083)      (6,440)     (10,010)
                          ----------  ----------  -----------  -----------
Net income (loss)         $   16,882  $   28,275  $   (26,311) $    76,808
                          ==========  ==========  ===========  ===========

Net income (loss) per
 ordinary share:
   Basic                  $     0.01  $     0.01  $     (0.01) $      0.04
   Diluted                $     0.01  $     0.01  $     (0.01) $      0.04

Net income (loss) per ADS:
   Basic                  $     0.09  $     0.14  $     (0.13) $      0.39
   Diluted                $     0.08  $     0.13  $     (0.13) $      0.37

Ordinary shares (in
 thousands) used in per
 ordinary share
 calculation:
   Basic                   1,976,012   2,000,590    1,961,950    1,991,110
   Diluted                 2,146,792   2,169,571    1,961,950    2,161,545

ADS (in thousands) used in
 per ADS calculation:
   Basic                     197,601     200,059      196,195      199,111
   Diluted                   214,679     216,957      196,195      216,154

Key Ratios and
 Information:
Gross Margin                    21.9%       20.2%        16.4%        20.2%
Operating Expenses as a %
 of Revenue                     12.0%        8.9%        14.1%        10.6%
Operating Margin                 9.9%       11.3%         2.3%         9.6%

Depreciation &
 Amortization,
 including
Amortization of
 Debt Issuance Costs      $   66,237  $   64,538  $   256,099  $   268,689
Capital Expenditures      $  105,742  $   54,019  $   277,712  $   348,495

Share-based compensation
 expense included under
 SFAS 123(R) were as
 follows:
   Cost of revenues       $        -  $    1,435  $         -  $     5,965
   Selling, general and
    administrative                 -       1,259            -        6,143
   Research and
    development                    -         332            -        1,580
                          ----------  ----------  -----------  -----------
                          $        -  $    3,026  $         -  $    13,688
                          ==========  ==========  ===========  ===========

Certain reclassifications have been made to prior period amounts to conform
with classifications used in the current periods.


Listed below are the items included in net income (loss) that management
excludes in computing the non-GAAP financial measures.  See Statement of
Reconciliation of US GAAP Net Income (Loss) to Non-GAAP Net Income (Loss)
and notes to the reconciliation.


                            Three Months Ended      Twelve Months Ended
                          ----------------------- -------------------------
                        December 25, December 31, December 25, December 31,
                             2005        2006         2005         2006
                          ----------- ----------- ------------ ------------
(1) Cost of revenues
      Merger and integration
       related expenses   $        77 $         - $        283 $        517
                          =========== =========== ============ ============

(2) Selling, general and
    administrative
      Merger and integration
       related expenses   $       314 $         - $      1,609 $        645
      Purchase accounting
       items                   12,687         275       50,748       30,061
                          ----------- ----------- ------------ ------------
                          $    13,001 $       275 $     52,357 $     30,706
                          =========== =========== ============ ============

(3) Research and development
      Merger and integration
       related expenses   $        62 $         - $        235 $        238
      Purchase accounting
       items                      800         800        3,200        3,200
                          ----------- ----------- ------------ ------------
                          $       862 $       800 $      3,435 $      3,438
                          =========== =========== ============ ============

(4) Restructuring charges
      Severance payment
       expenses           $         - $         - $        830 $      1,938
                          =========== =========== ============ ============

(5) Other income (expenses), net
      Write-off of
       capitalized debt
       issuance cost      $         - $       500 $      1,654 $        500
                          =========== =========== ============ ============

(6) Income tax expense
      Purchase price
       adjustment on tax  $         - $     6,602 $      1,003 $     11,667
                          =========== =========== ============ ============







                            STATS ChipPAC Ltd.
                Reconciliation of GAAP Net Income (Loss) to
                        Non-GAAP Net Income (Loss)
                      (In thousands of U.S. Dollars)
                                (Unaudited)

Use of Non-GAAP Financial Information
To supplement our condensed consolidated financial statements presented on
a GAAP basis, STATS ChipPAC uses a non-GAAP conforming measure of net
income (loss), that is GAAP net income (loss) adjusted to exclude certain
costs, expenses or gains, referred to as special items.  Non-GAAP adjusted
net income (loss) measure gives an indication of our baseline performance
before other charges that are considered by management to be outside of our
core operating results.  In addition, our non-GAAP adjusted measure of net
income (loss) and non-GAAP net income (loss) per share/ADS are among the
primary indicators management use for the following purposes:

--  As a basis for our planning and forecasting future periods;
--  Managing and benchmarking performance internally across our business
    and externally against our peers;
--  Determining a portion of bonus compensation for executive officers and
    certain other key employees;
--  Calculating return on investment for development programs and growth
    initiatives;
--  Comparing performance with internal forecasts and targeted business
    models; and
--  Evaluating and valuing potential acquisition candidates.

We believe these non-GAAP measures are useful to investors in enabling them
to perform additional analyses of past, present and future operating
performance and as a supplemental means to evaluate our core operating
results.  The presentation of this additional information should not be
considered in isolation or as a substitute for net income (loss) prepared
in accordance with generally accepted accounting principles in the United
States of America.

                            Three Months Ended      Twelve Months Ended
                          ----------------------- -------------------------
                        December 25, December 31, December 25, December 31,
                             2005        2006         2005         2006
                          ----------- ----------- -----------  ------------

US GAAP net income (loss) $    16,882 $    28,275 $   (26,311) $     76,808

Special items
   Merger and integration
    related expenses (1)
      Cost of revenues             77           -         283           517
      Selling, general and
       administrative             314           -       1,609           645
      Research and
       development                 62           -         235           238
   Restructuring charges(2)         -           -         830         1,938
   Purchase accounting
    items (3)
      Selling, general and
       administrative          12,687         275      50,748        30,061
      Research and
       development                800         800       3,200         3,200
   Write-off of capitalized
    debt issuance cost (4)          -         500       1,654           500
   Purchase price
    adjustment on tax (5)           -       6,602       1,003        11,667
                          ----------- ----------- -----------  ------------
Total special items            13,940       8,177      59,562        48,766
                          ----------- ----------- -----------  ------------

Non-GAAP adjusted net
 income                   $    30,822 $    36,452 $    33,251  $    125,574
                          =========== =========== ===========  ============

US GAAP net income (loss)
 per ordinary share
 (basic)                  $      0.01 $      0.01 $     (0.01) $       0.04
   Adjustments for special
    items detailed above         0.01        0.01        0.03          0.02
                          ----------- ----------- -----------  ------------
Non-GAAP net income per
 ordinary share (basic)   $      0.02 $      0.02 $      0.02  $       0.06
                          =========== =========== ===========  ============

US GAAP net income (loss)
 per ordinary share
 (diluted)                $      0.01 $      0.01 $     (0.01) $       0.04
   Adjustments for special
    items detailed above            -        0.01        0.03          0.02
                          ----------- ----------- -----------  ------------
Non-GAAP net income per
 ordinary share (diluted) $      0.01 $      0.02 $      0.02  $       0.06
                          =========== =========== ===========  ============

US GAAP net income (loss)
 per ADS (basic)          $      0.09 $      0.14 $     (0.13) $       0.39
   Adjustments for special
    items detailed above         0.07        0.04        0.30          0.24
                          ----------- ----------- -----------  ------------
Non-GAAP net income per
 ADS (basic)              $      0.16 $      0.18 $      0.17  $       0.63
                          =========== =========== ===========  ============

US GAAP net income (loss)
 per ADS (diluted)        $      0.08 $      0.13 $     (0.13) $       0.37
   Adjustments for special
    items detailed above         0.07        0.04        0.30          0.22
                          ----------- ----------- -----------  ------------
Non-GAAP net income per
 ADS (diluted)            $      0.15 $      0.17 $      0.17  $       0.59
                          =========== =========== ===========  ============



                                 Three Months Ended   Twelve Months Ended
                                --------------------  --------------------
                                December   December   December   December
                                   25,        31,        25,        31,
                                  2005       2006       2005       2006
                                ---------  ---------  ---------  ---------

US GAAP ordinary shares (in
 thousands) used in per
 ordinary share calculation
 (diluted)                      2,146,792  2,169,571  1,961,950  2,161,545
   Non-GAAP adjustments                 -     65,618     12,836          -
                                ---------  ---------  ---------  ---------
Non-GAAP ordinary shares (in
 thousands) used in per
 ordinary share calculation
 (diluted)                      2,146,792  2,235,189  1,974,786  2,161,545
                                =========  =========  =========  =========

US GAAP ADS (in thousands) used
 in per ADS calculation
 (diluted)                        214,679    216,957    196,195    216,154
   Non-GAAP adjustments                 -      6,562      1,284          -
                                ---------  ---------  ---------  ---------
Non-GAAP ADS (in thousands)
 used in per ADS calculation
 (diluted)                        214,679    223,519    197,479    216,154
                                =========  =========  =========  =========

Key Ratios & Information:
Gross Margin                         21.9%      20.2%      16.4%      20.2%
Operating Expenses as a % of
 Revenue                              8.1%       8.7%       9.2%       8.4%
Operating Margin                     13.8%      11.5%       7.2%      11.8%

Depreciation & Amortization,
 including                      $  52,750  $  63,463  $ 202,151  $ 235,428
   Amortization of Debt
    Issuance Costs
Capital Expenditures            $ 105,742  $  54,019  $ 277,712  $ 348,495

Share-based compensation
 expense included under SFAS
 123(R) were as follows:
   Cost of revenues             $       -  $   1,435  $       -  $   5,965
   Selling, general and
    administrative                      -      1,259          -      6,143
   Research and development             -        332          -      1,580
                                ---------  ---------  ---------  ---------
                                $       -  $   3,026  $       -  $  13,688
                                =========  =========  =========  =========



Non-GAAP financial measures are intended to present the Company's operating
results, excluding special items. The special items excluded for the three
and twelve months ended December 25, 2005 and December 31, 2006 were:

(1) We incurred direct merger and integration expenses in both our cost of
revenues and operating expenses in the three and twelve months ended
December 25, 2005 and December 31, 2006.  These legal, professional and
other expenses including retention programs are temporary in nature and
relate to the merger and not our ongoing business.

(2) In order to more closely align expenses with revenues, the Company
reduced headcount by 88 employees in the Singapore and the United States
facilities in the three months ended March 27, 2005 and by 556 employees in
Singapore during the three months ended September 24, 2006.  This reduction
of headcount resulted in a charge of $0.8M and $1.9M for severance payments
in the three months ended March 27, 2005 and September 24, 2006,
respectively.

(3) As part of the purchase accounting for the merger, certain intangible
assets, including customer relationships and intellectual property, were
either created or revalued.  The increased amortization due to these assets
was excluded as it is a non-cash charge and arose solely because of
purchase accounting.  In addition, due to purchase accounting, the net book
value of ChipPAC's fixed assets was reduced. This resulted in depreciation
being approximately $1.7M and $6.4M lower in the three and twelve months
ended December 31, 2006 and $1.5M and $7.6M lower in the three and twelve
months ended December 25, 2005 than it would have been without the
revaluation due to purchase accounting.  As this is ongoing and a
reflection of the assets value used in production, no adjustment was made
for this item.

(4) As a result of the repurchase of $26.1M and the redemption of the put
of $125.9M of our 1.75% convertible notes due 2007, we incurred write-off
charges on our capitalized debt issuance costs in the three months ended
March 27, 2005. In the three months ended December 31, 2006, we incurred
write-off charges on our capitalized debt issuance costs resulting from
repurchase of the entire $50.0M of our 8.0% convertible notes due 2011.

(5) Adjustment to original purchase price to benefit acquired tax
attributes based on increased taxable income during three and twelve months
ended December 25, 2005 and December 31, 2006 due to foreign operating
income results, resulting in the release of ChipPAC acquisition date
valuation allowances, and including currency fluctuations.


                            STATS ChipPAC Ltd.
                  Condensed Consolidated Balance Sheets
                      (In thousands of U.S. Dollars)


                                               December 25,   December 31,
                                                  2005           2006
                                              ============== ==============
                                                               (Unaudited)
ASSETS
Current assets:
  Cash, cash equivalents and marketable
   securities                                 $      242,368 $      216,583
  Accounts receivable, net                           240,990        243,779
  Inventories                                         79,483        111,614
  Other current assets *                              44,873         27,845
                                              ============== ==============
    Total current assets                             607,714        599,821

  Marketable securities                               17,803         15,358
  Property, plant and equipment, net               1,107,031      1,192,830
  Investment in equity investee                            -         10,292
  Goodwill and intangible assets                     595,405        555,358
  Other non-current assets *                          65,429         84,621
                                              ============== ==============
    Total assets                              $    2,393,382 $    2,458,280
                                              ============== ==============

LIABILITIES AND SHAREHOLDERS'  EQUITY
Current liabilities:
  Accounts and other payables                 $      215,483 $      201,999
  Other current liabilities                           99,229        104,482
  Short-term debts                                    42,633         65,373
                                              ============== ==============
    Total current liabilities                        357,345        371,854
Long-term debts                                      779,105        697,523
Other non-current liabilities                         66,611         84,807
                                              ============== ==============
    Total liabilities                              1,203,061      1,154,184
                                              ============== ==============
Minority interest                                     48,669         57,946
                                              ============== ==============
Shareholders' equity                               1,141,652      1,246,150
                                              ============== ==============
    Total liabilities and shareholders'
     equity                                   $    2,393,382 $    2,458,280
                                              ============== ==============

* Includes $nil and $1.0M of current and non-current restricted cash as of
December 31, 2006 and $0.4M and $2.2M as of December 25, 2005,
respectively.


                            STATS ChipPAC Ltd.
                      Other Supplemental Information
                                (Unaudited)

                                                 4Q 2005  3Q 2006  4Q 2006
Net Revenues by Product Line
Packaging - array                                   53.0%    54.3%    57.8%
Packaging - leaded                                  19.6%    19.3%    17.1%
Test and other services                             27.4%    26.4%    25.1%
                                                 -------  -------  -------
                                                   100.0%   100.0%   100.0%
                                                 =======  =======  =======
Net Revenues by End User Market
Communications                                      55.7%    56.9%    57.0%
Personal Computers                                  20.9%    18.0%    17.5%
Consumer, Multi-applications and Others             23.4%    25.1%    25.5%
                                                 -------  -------  -------
                                                   100.0%   100.0%   100.0%
                                                 =======  =======  =======
Net Revenues by Region
United States of America                            73.7%    73.0%    74.3%
Europe                                               2.5%     2.6%     3.2%
Asia                                                23.8%    24.4%    22.5%
                                                 -------  -------  -------
                                                   100.0%   100.0%   100.0%
                                                 =======  =======  =======

Number of Testers                                    932    1,002      985
Number of Wirebonders                              3,532    3,801    3,812

Overall Equipment Utilization Rate                    76%      75%      75%

Contact Information

  • Singapore Contact:

    Bryan Ong
    Investor Relations
    Tel: (65) 6824 7477
    Fax: (65) 6720 7826
    email: Email Contact

    US Contacts:

    Drew Davies
    Director, Investor Relations
    Tel: (408) 586 0608
    Fax: (408) 586 0652
    email: Email Contact

    Lisa Lavin
    Marcom Manager
    Tel: (208) 939 3104
    Fax: (208) 939 4817
    email: Email Contact

    The Ruth Group
    David Pasquale
    Executive Vice President
    Tel: (646) 536 7006
    email: Email Contact