Fabless Semiconductor Association Announces Top Fabless Companies by Yearly and Q4 2003 Revenue; QUALCOMM CDMA Technologies, Broadcom and NVIDIA Lead Top Ten.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 17, 2004

The Fabless Semiconductor Association (FSA), the global voice of fabless and hybrid semiconductor companies and their foundry and supply-chain partners, announces the top ten fabless companies by calendar year 2003 and Q4 2003 revenue.

QUALCOMM's (Nasdaq:QCOM) CDMA Technologies (QCT) division led all public fabless companies in sales for the year with $2.5 billion. Broadcom (Nasdaq:BRCM) was second with $1.8 billion, while NVIDIA (Nasdaq:NVDA) was third with $1.6 billion. Others in the top ten included ATI Technologies (Nasdaq:ATYT), Xilinx (Nasdaq:XLNX), MediaTek (TSE:2454), SanDisk (Nasdaq:SNDK), Altera (Nasdaq:ALTR), Marvell Technology (Nasdaq:MRVL) (estimated revenue) and Conexant (Nasdaq:CNXT), respectively.

QUALCOMM's QCT division also led all public fabless companies in sales for Q4 2003, with sales totaling $751.8 million. Broadcom and NVIDIA rounded out the top three, announcing $479.1 million and $472.1 million in revenue, respectively.

Overall, the FSA estimates 2003 total fabless revenue to reach more than $23 billion, or 21 percent year-over-year (YoY), compared to 18 percent YoY industry growth.

Based on reported Q4 2003 results, fabless revenues are expected to total $6.5 billion, up 16 percent sequentially from $5.6 billion in Q3 2003, and more than 25 percent YoY. Actual fabless revenue growth will be included in the FSA's new comprehensive financial report entitled "Global Fabless Financial Report" available in March after all companies report Q4 2003 earnings. For more information, or to purchase this report, visit http://www.fsa.org/store.

About the Fabless Semiconductor Association

The FSA is the global voice of fabless and hybrid semiconductor companies and their foundry and supply-chain partners. Incorporated in 1994, the Association (www.fsa.org) is focused on the perpetuation of the fabless business model throughout the worldwide semiconductor industry. The organization encourages the relationship between semiconductor companies and suppliers; facilitates business partnerships; creates awareness of the fabless/outsourced business model; disseminates industry data; and fosters standards and policies.

FSA members include fabless companies, integrated device manufacturers (IDMs), foundry providers, packaging/assembly houses, intellectual property providers, electronic design automation companies, OEMs, photomask companies, design software companies, investment bankers, venture capitalists and other companies. FSA members represent more than 21 countries spanning North America, Asia-Pacific, Europe and the Middle East.

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