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 ITE Board of Directors Approved NT$1.2 Cash Dividend for Fiscal Year 2003

2004/03/30

Hsinchu, Taiwan, R.O.C. ¡V March 30, 2004 ¡V ITE Tech. Inc. (TSE:3014), today held the board directors meeting, at which the Board approved a proposal recommending of stock dividend for fiscal 2003 of cash dividend NT$1.2 per common share. The proposal will be discussed and brought to a vote at the 2004 General Shareholders Meeting scheduled in 1st of June.

About ITE
ITE spun-off from UMC and was established in 1996, specializing in I/O chips. The company is the leading I/O chip supplier in the world. ITE headquarters is located in Hsinchu Science Park, and to provide customers' satisfied products and service with strong IC design capability.  ITE has other products, including IDE/RAID Controller, LPC Mobile Keyboard and Embedded Controller, USB 2.0 IDE Device/Flash Drive Controllers, Digital Audio Player Controller, and STN-LCD Driver IC etc.

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