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News and Information Article
WESTLAKE VILLAGE, Calif., March 9 /-FirstCall/ -- Diodes Incorporated (Nasdaq: DIOD), today updated its guidance for the first quarter of 2006. The Company now expects first quarter revenue to be in the 18-20% sequential growth range, updated from its previous guidance of a 16-20% sequential increase from its record fourth quarter 2005 revenue of $61.4 million. In addition, the company now expects first quarter gross profit dollars to grow 10-12% from $21.4 million reported in the fourth quarter, compared to previous guidance of an 8-11% sequential increase. An increase in gross profit margin from analog products was the primary contributor to the gross profit update. About Diodes Incorporated Diodes Incorporated (Nasdaq: DIOD) is a leading manufacturer and supplier of high-quality discrete and analog semiconductor products, primarily to the communications, computing, industrial, consumer electronics and automotive markets. The Companys corporate sales, marketing, engineering and logistics headquarters is located in Southern California, with two manufacturing facilities in Shanghai, China, a wafer fabrication plant in Kansas City, Missouri, engineering, sales, warehouse and logistics offices in Taipei, Taiwan and Hong Kong, and sales and support offices throughout the world. Diodes, Inc. recently acquired Anachip Corporation, a fabless analog IC company in Hsinchu Science Park, Taiwan. Diodes, Inc.s product focus is on subminiature surface-mount discrete devices, analog power management ICs and Hall-effect sensors all of which are widely used in end-user equipment such as TV/Satellite set top boxes, portable DVD players, datacom devices, ADSL modems, power supplies, medical devices, wireless notebooks, flat panel displays, digital cameras, mobile handsets, DC to DC conversion, Wireless 802.11 LAN access points, brushless DC motor fans, and automotive applications. For further information, including SEC filings, visit the Companys website at http://www.diodes.com. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, such factors as fluctuations in product demand, the introduction of new products, the Companys ability to maintain customer and vendor relationships, technological advancements, impact of competitive products and pricing, growth in targeted markets, risks of foreign operations, and other information detailed from time to time in the Companys filings with the United States Securities and Exchange Commission. Recent news releases, annual reports, and SEC filings are available at the Companys website: http://www.diodes.com. Written requests may be sent directly to the Company, or they may be e-mailed to: diodes-fin@diodes.com. CONTACT: Carl Wertz, Chief Financial Officer, Diodes Incorporated (805) 446-4800, e-mail: carl_wertz@diodes.com or Crocker Coulson, President, Coffin Communications Group, (818) 789-0100, e-mail: crocker.coulson@ccgir.com
 
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