VIA Announces 4Q’08 Results

Taipei, Taiwan, 24 April 2009 – VIA Technologies, Inc, a leading innovator of power efficient x86 processor platforms, today announced financial results for fourth quarter 2008.

Net sales for 4Q’08 and 4Q’07were NT$ 1,465 million and NT$ 2,502million respectively. Net income for the two quarters were negative NT$ 1,954 million and negative NT$ 2,310 million respectively; based on the weight average shares outstanding of 1,291.517 million shares and 1,291.239 million shares, earnings per share were reported as negative NT$1.51 and negative NT$1.79 for 4Q’08 and 4Q’07 respectively.

For the whole year 2008, net sales totaled NT$ 7,927 million and net income for the year was negative NT$ 4,016 million; based on weight average shares outstanding of 1,291.517 million shares, earnings per share for the year were reported at negative NT$3.11.

Quarterly Income Statements

4Q08 4Q07
(in NTD millions, except EPS) Amount % Amount %
Net Revenue 1,465 100.00% 2,502 100.00%
Cost of Goods Sold -765 -52.22% -1,703 -68.10%
     Gross Profit 700 47.78% 799 31.90%
Operating Expenses -597 -40.75% -1,152 -46.00%
     Operating Profit 103 7.03% -353 -14.10%
Non-Operating Income 44 3.00% 533 21.30%
Non-Operating Expenses -2,090 -142.66% -1,975 -78.90%
     Income Before Tax -1,943 -132.63% -1,795 -71.70%
Income Tax Credit (Expense) -11 -0.75% -515 -20.60%
Cumulative Effect of Changes in Accounting Principles (Net of Tax) 0 0.00% 0 0.00%
Net Income -1,954 -133.38% -2,310 -92.30%
EPS (1,291.517 M shares) -$1.51 -$1.79

Annual Income Statements

2008 Full Year 2007 Full Year
(in NTD millions, except EPS) Amount % Amount %
Net Revenue 7,927 100.00% 14,674 100.00%
Cost of Goods Sold -5,050 -63.71% -11,223 -76.50%
     Gross Profit 2,877 36.29% 3,451 23.50%
Operating Expenses -2,821 -35.59% -4,281 -29.20%
     Operating Profit 56 0.71% -830 -5.70%
Non-Operating Income 545 6.88% 914 6.20%
Non-Operating Expenses -4,547 -57.36% -4,378 -29.80%
     Income Before Tax -3,946 -49.78% -4,294 -29.30%
Income Tax Credit (Expense) -70 -0.88% -644 -4.40%
Cumulative Effect of Changes in Accounting Principles (Net of Tax) 0 0.00% 0 0.00%
Net Income -4,016 -50.66% -4,938 -33.70%
EPS (1,291.239 M shares) -$3.11 -$3.82

About VIA Technologies, Inc.

VIA Technologies, Inc is the foremost fabless supplier of power efficient x86 processor platforms that are driving system innovation in the PC, client, ultra mobile and embedded markets. Combining energy-saving processors with digital media chipsets and advanced connectivity, multimedia and networking silicon enables a broad spectrum of computing and communication platforms, including its widely acclaimed ultra compact mainboards. Headquartered in Taipei, Taiwan, VIA’s global network links the high tech centers of the US, Europe and Asia, and its customer base includes the world’s top OEMs and system integrators. www.via.com.tw

VIA Technologies, Inc.