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
display driver wins utilize RGBW, and one design win utilizes Leadis'
proprietary Epic(TM) technology for AM-OLED displays.

-- Leadis announced sample availability of the LDS535, a 480 channel, one
billion color AM-OLED source driver IC, the first of many products the
company is developing for the mid-size AM-OLED display market.

-- Leadis shipped over 50 Touch evaluation kits, with customer interest
extending beyond consumer portable devices into a variety of other markets.
The company expects its first Touch design wins in the fourth quarter and
revenue in the first quarter of 2009, with promising customer evaluations
occurring throughout the world.

-- Leadis is currently testing first silicon utilizing its Epic(TM)
technology for AM-OLED displays.

-- Leadis shipped engineering samples of its first display driver design
utilizing RGBW technology for high resolution amorphous TFT displays.