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Diodes Incorporated Increases Second Quarter Guidance

Jun 11, 2008

DALLAS--(BUSINESS WIRE)--June 11, 2008--Diodes Incorporated (Nasdaq: DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete and analog semiconductor markets, today increased its guidance for the second quarter of 2008.

Effective June 9, 2008, the Company completed the acquisition of Zetex plc, and as a result, will include one month of Zetex's financial results in the second quarter of 2008. With Zetex's one month of revenue projected to be $11 to $13 million, the Company now expects second quarter 2008 revenue to be in the range of $114 million to $117 million compared to the prior guidance of $100 to $106 million, which excluded Zetex. In terms of gross profit, the Company now expects a sequential increase of 18 to 21 percent compared to the prior guidance of a sequential 4 to 9 percent increase.

About Diodes Incorporated

Diodes Incorporated (Nasdaq: DIOD), an S&P SmallCap 600 Index company, is a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete and analog semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. Diodes' products include diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, amplifiers and comparators, Hall-effect sensors and temperature sensors, power management devices including LED drivers, DC-DC switching, regulators, linear voltage regulators and voltage reference along with special function devices including USB power switch, load switch, voltage supervisor and motor controllers. The Company has its corporate offices in Dallas, Texas, with a sales, marketing, engineering and logistics office in Southern California; design centers in Dallas, San Jose, Taipei, England and Germany; wafer fabrication facilities in Kansas City, Missouri and Manchester, England; two manufacturing facilities in Shanghai, China, one in Neuhaus, Germany and a joint venture facility in Chengdu, China; engineering, sales, warehouse and logistics offices in Taipei, Hong Kong and Manchester, England, and sales and support offices throughout the world. For further information, including SEC filings, visit the Company's 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. Such statements include statements regarding our expectations concerning: the new range of our second quarter revenue expectation; the increase in our second quarter gross profit compared to that of first quarter of 2008; and our expectation of the range of one month of revenue from Zetex plc. Potential risks and uncertainties include, but are not limited to, such factors as the Company's business strategy, fluctuations in product demand and supply, prospects for the global economy; the continued introduction of new products and technological advancements, the Company's ability to maintain customer and vendor relationships, impact of competitive products and pricing, growth in targeted markets, successful integration of acquired companies and/or assets, the Company's ability to successfully make additional acquisitions, risks of domestic and foreign operations, uncertainties in the Auction Rate Securities market; currency exchange rates; availability of tax credits, and other information detailed from time to time in the Company's filings with the United States Securities and Exchange Commission.

Recent news releases, annual reports, and SEC filings are available at the Company's 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: Diodes, Inc.
             Carl Wertz, 805-446-4800
             Chief Financial Officer
             carl_wertz@diodes.com
             or
             Shelton Group
             Leanne Sievers, 949-224-3874
             EVP, IR
             lsievers@sheltongroup.com

    SOURCE: Diodes Incorporated