Leadis Technology, Inc., an analog and mixed-signal semiconductor developer of color display drivers, power management and touch ICs for mobile consumer electronics devices, today announced the sale of its display driver business to AsTEK, Inc., a privately-held company located in Korea. The consideration paid was $3.5 million of cash plus $0.5 million of assumed liabilities. Leadis retains rights to most of the current display driver products in production, as well as ownership of its proprietary EpiC(TM) technology for AM-OLED displays.

Leadis Technology, Inc. an analog and mixed-signal semiconductor developer of color display drivers, LED drivers, power management, audio and touch ICs for mobile consumer electronics devices, today announced results for the third quarter of 2008, ended September 30, 2008. The company also announced anticipated restructuring activities, including the divestiture of its Audio business and other expense reductions.

Q3 2008 Highlights:
-- Leadis achieved ten new product design wins in the quarter, including
four new display driver designs and six new LED/Power designs. Two of the

Leadis Technology, Inc. (Nasdaq: LDIS), an analog and mixed-signal semiconductor developer of LCD display drivers, power management ICs, white/RGB LED drivers, audio ICs and touch controllers for mobile consumer electronic devices, today announced sample availability of the LDS535, a 480 channel, 1 Billion-color AMOLED source driver IC. The device has CMOS data and RSDS (Reduced Swing Differential Signaling) interface and also incorporates state-of-the-art features such as 10 bits gray level capability, VDD power regulator and RGB Separate Gamma.

Expanding its product portfolio, Leadis Technology Inc. has acquired intellectual property (IP) from Nuelight Corp. for an undisclosed price.

Leadis Technology, Inc.

Leadis Technology, Inc. (NASDAQ: LDIS), a leading mixed-signal semiconductor developer of color display driver ICs for small panel displays, today announced sample availability of the LDS519, a mono OLED driver IC with integrated controller supporting 4 gray 96x64 and 48-Icons. Integrating 13K bits of full frame memory, the LDS519 is a highly integrated SoC designed to provide vivid and accurate images for MP3 player and mobile phone sub-display applications.

Leadis Technology is a fabless semiconductor company based in Sunnyvale, California, with operations in South Korea, Taiwan and Hong Kong.