Faraday Reported a Record First Quarter With 35% International Business ASIC Design-Wins Using 0.13um

Structured ASIC, Silicon IP Availability, and Design Expertise Enables

Transition From 0.18um to 0.13um

May 02, 2005, 01:00 ET from Faraday Technology Corporation

    HSINCHU, Taiwan and SUNNYVALE, Calif., May 2 /PRNewswire-FirstCall/ --
 Faraday Technology Corporation (TAIEX: 3035), a leading ASIC and IP provider,
 today reported sales of NT$1,335 million ($42 million USD) for the quarter
 ended March 31, 2005, up 23.3% year over year. The shape of new design-wins in
 Q1 also bode well for quarters to come: over 35% of overseas ASIC design-wins
 are using 0.13um technology, and half of them use Faraday's structured ASIC
 technology or platform.
     "2005 Q1 was a quarter that showed strong momentum of 0.13um technology
 adoption," said H.P. Lin, President of Faraday Technology. "For the first
 time, Faraday's international business, which includes North America, Japan,
 and Europe reported more 0.13um ASIC design-wins in a quarter than 0.18um
 designs. We are very excited about the business progress, and look forward to
 more 0.13um ASIC projects this year."
     "Faraday has been getting ready for 0.13um design since 2001; Among the
 100 0.13um test chips taped out in the past 3 years, many of which embedded
 complex IPs such as CPU, DSP, USB2.0, Codec, Ultra high-speed memory, Serial-
 ATA, PCI-Express, structured ASIC library, etc.," said George Hwang, Vice
 President of R&D and Marketing. "Although it seems compelling to move to
 smaller processing geometries, the cost of 0.13um wafers and masks was
 expensive, and design risks were high, many companies hesitated to move
 forward until recently. I'm very glad that after years of joint efforts
 between Faraday and our fab partner UMC, more and more of our target customers
 finally see 0.13um as good price-performance target silicon."
     Indeed, as Nick Tredennick commented in a Gilder Technology Report --
 Moore's Law & the Value Transistor, the cost-crossover point between
 generations appears when the more advanced technology finally matured,
 fabrication equipment expense well amortized, mask costs notably dropped, and
 design risks eventually lowered.
     For Faraday's target customers in the consumer and computer peripheral
 markets, the 0.13um and 0.18um crossover point has just occurred.  While the
 quarter-to-quarter percentage may fluctuate somewhat, the clear trend is that,
 0.13um has arrived.
     "In the past few months, we see very good traction on 0.13um and
 structured ASIC technology in US, Japan, and Europe, especially in the
 networking and communication markets," said Charlie Cheng, Vice President of
 International Business at Faraday. "It has been a clear trend for design
 houses in these regions to outsource more projects to Asia so they can be more
 focused on leading-edge technology development. Faraday's broad IP portfolio,
 strong design expertise and close foundry relationship are poised for helping
 customers to succeed."
     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, USB 2.0,
 Ethernet, Serial ATA, and PCI-Express. With more than 500 employees and 2004
 revenue of $159 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, worldwide. 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 .
      Press Contact, Headquarters:
      Diana Wu
      +886.3.578.7888 ext: 8032
      Press Contact, US Office
      Selina Ko
      +1-408-522-8888 ext: 139

SOURCE Faraday Technology Corporation