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Hsinchu Science Park, Taiwan, R.O.C. and Eindhoven, The Netherlands, March
13th, 2006 - Sunext Technology Co., a subsidiary of Sunplus Technology Co.,
Ltd. (TAIEX: 2401, LSE: SUPD) and Royal Philips Electronics (NYSE: PHG, AEX:
PHI) today announced that the two companies have completed an agreement relating
to the transfer of Philips Optical Disc Drive (ODD) semiconductor technology and
licensing of related patents. Agreements were also made providing for related
design and manufacturing services.
The technology license granted to Sunext is exclusive in the area of the design,
implementation, manufacture and sale of IC's and solutions for PC ODD and Home
Entertainment DVD Recorders. Related Philips' patents are licensed on a
non-exclusive basis.
Sunext will sell and support products produced with the Philips ODD technology
transferred by this agreement under the Sunext brand name. DVD recordable
semiconductor products are available immediately, are currently in high volume
production with leading ODD suppliers and are in use by major PC OEMs. Blue
laser recordable products are sampling today and are expected to be in volume
production by mid-2006. As part of the agreement, Philips shall also receive a
minority share in Sunext.
"We are excited by the opportunities created by this partnership between Philips
and Sunext. We are confident that joining of both companies' technical and
market strengths will significantly improve the innovation speed and product
portfolio to enhance the success in the IT and Consumers markets and further
improve the support to key customers." said Giel Rutten, Senior Vice President
and General Manager, Philips Semiconductor, Home Business Unit.
"By leveraging Philips leading ODD technology and Sunext time-to-market and
efficiency, there is a promising future for Sunext to expand its market," said
Chou-Chye Huang, Chairman of Sunext and Sunplus. "In addition, we expect
significant long term derivative benefits to Sunplus in the Home Entertainment
market."
Dr. Phil Mak, President of Sunext added: "Philips technology is renowned
worldwide for its performance and quality. We look forward to using our combined
strength to increase volume and profit in today's DVD markets, and to give us an
early lead in tomorrow's Blue-laser products."
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the
world's biggest electronics companies and Europe's largest, with sales of EUR
30.4 billion in 2005. With activities in the three interlocking domains of
healthcare, lifestyle and technology and 159,200 employees in more than 60
countries, it has market leadership positions in medical diagnostic imaging and
patient monitoring, color television sets, electric shavers, lighting and
silicon system solutions. News from Philips is located at
www.semiconductors.philips.com
Philips Press Contact:
Europe:
Marijke Sas
Tel: +31 40 272 2091
E-mail: marijke.sas@philips.com
USA:
Rebecca Samuel
Tel: +1 408 474 8769
E-mail: rebecca.samuel@philips.com
Asia Pacific:
Terry Chiang
Tel: +886 2 3789 2821
E-mail: terry.chiang@philips.com
About Sunext
Sunext Technology Company Limited, with headquarters in Hsinchu, Taiwan, is
privately held and a leading supplier of semiconductor products for Optical Disc
Drive (ODD) applications. Sunext was formed in 2003 to capitalize on global
demand for ODD silicon and operates design centers in Hsinchu, Taiwan; Taipei,
Taiwan; Sunnyvale, USA; and Shanghai, PRC. For further information visit the
Sunext website at: www.sunext.com
Sunext Press Contact:
Julie Huang
Tel: +886 3 666 1311 ext. 3601
E-mail:Julie@sunext.com
About Sunplus Technology
Sunplus Technology Company Limited, established in 1990, is an IC design company
devoted to electrical consumer applications. Sunplus offers not only IC design
but also system solutions to maximize customer's profit by differentiating each
design. Sunplus' reusable IP such as audio/video, microprocessor and digital
signal processor technologies applied to hundreds of IC products such as DVD
player/recorder, LCD driver/controller, game processor, camera controller,
mobile media processor and ASICs that contributed to our quality life. With
sales of NT$18,781 million for 2005, Sunplus has a compound annual growth rate
of over 30% over 5 years. For more information, please visit the Sunplus
website: www.sunplus.com.
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