UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of
Report (Date of earliest event reported): September 13, 2007
DIODES
INCORPORATED
(Exact
name of registrant as specified in its charter)
|
Delaware
(State
or other jurisdiction
of
incorporation or organization)
|
1-5740
(Commission
File Number)
|
95-2039518
(I.R.S.
Employer Identification No.)
|
|
15660
North Dallas Parkway Suite 850
Dallas,
Texas
(Address
of principal executive offices)
|
75248
(Zip
Code)
|
(972)
385-2810
(Registrant's
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
-
1
-
Item
7.01 Regulation
FD Disclosure.
On
September 13, 2007, Diodes Incorporated (the “Company”) announced an increase in
its revenue guidance for the third quarter of 2007. The Company now expects
record third quarter revenue with sequential growth of 8 to 10 percent as
compared to the previously provided guidance of 6 to 9 percent. Additionally,
the Company reaffirmed its guidance of slightly improved gross profit margin
for
the third quarter. A copy of the press release is attached as Exhibit 99.1
to
this Current Report.
The
information in this Item 7.01, including Exhibit 99.1, will not be treated
as
filed for the purposes of Section 18 of the Securities Exchange Act of 1934
(the
“Exchange Act”) or otherwise subject to the liabilities of that section. This
information will not be incorporated by reference into a filing under the
Securities Act of 1933, or into another filing under the Exchange Act, unless
that filing expressly refers to specific information in this Report. The
furnishing of the information in this Item 7.01 is not intended to, and does
not, constitute a representation that such furnishing is required by Regulation
FD or that the information in this Item 7.01 is material information that
is not
otherwise publicly available.
Cautionary
Information Regarding Forward-Looking Statements
Except
for the historical and factual information contained in the press release,
attached as an exhibit to this Report, the matters set forth therein
(including
statements as to the expected benefits of the consolidation, and other
statements identified by words such as “estimates,” “expects,” “projects,”
“plans,” “will” and similar expressions) are forward-looking statements within
the meaning of the “safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to risks
and
uncertainties that may cause actual results to differ materially, including:
the
possibility that the Company failed to meet the revenue guidance due
to
miscalculation, low demand of products, the Company's inability to maintain
customer and vendor relationships, negative impact of competitive products
and
pricing, unsuccessful integration of acquired companies and/or assets,
high
risks of foreign operations, unfavorable exchange rates, unavailability
of tax
credits; and the impact of competition and other risk factors relating
to our
industry and business as detailed from time to time in the Company's
reports
filed with the SEC. You should not place undue reliance on these forward-looking
statements, which speak only as of the date of the press release. The
Company
undertakes no obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or otherwise.
Item
9.01 Financial
Statements and Exhibits.
| (d) |
Exhibits.
|
|
Exhibit
Number
|
Description
|
|
99.1
|
Press
release dated September 13, 2007
|
-
2
-
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
|
DIODES
INCORPORATED
|
||
| |
|
|
|
Date: September
25, 2007
|
By: | /s/ Carl C. Wertz |
|
Carl
C. Wertz,
Chief
Financial Officer
|
||
-
3
-
EXHIBIT
INDEX
|
Exhibit
Number
|
Description
|
|
99.1
|
Press
release dated September 13, 2007
|
-
4
-
Diodes
Incorporated Increases Third Quarter Revenue Guidance
DALLAS,
TX - September 13, 2007 - Diodes Incorporated (Nasdaq:DIOD) today increased
its
revenue guidance for the third quarter of 2007.
The
Company now expects record third quarter revenue with sequential growth of
8 to
10 percent as compared to the previously provided guidance of 6 to 9 percent.
Additionally, the Company reaffirmed its guidance of slightly improved gross
profit margin for the third quarter.
About
Diodes Incorporated
Diodes
Incorporated (NASDAQ:DIOD
-
News)
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, power management devices including DC-DC switching and linear
voltage regulators, amplifiers and comparators, and Hall-effect sensors.
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 and Taipei; a wafer fabrication facility in Missouri; two
manufacturing facilities in Shanghai; a fabless IC plant in Hsinchu Science
Park, Taiwan; engineering, sales, warehouse and logistics offices in Taipei
and
Hong Kong, and sales and support offices throughout the world. With its recent
asset acquisition of APD Semiconductor, a privately held U.S.-based fabless
semiconductor company, Diodes acquired proprietary SBR® technology. Diodes,
Inc.'s product focus is on high-growth end-user equipment markets 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 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. Potential
risks and uncertainties include, but are not limited to, such factors as
the
integration of acquisitions within Diodes existing operations, the Company's
ability to successfully make additional acquisitions, fluctuations in product
demand, the introduction of new products, the Company's ability to maintain
customer and vendor relationships, technological advancements, impact of
competitive products and pricing, growth in targeted markets, successful
integration of acquired companies and/or assets, risks of foreign operations,
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.
|
Company
Contact:
Carl
Wertz
Chief
Financial Officer
Diodes,
Inc.
(805)
446-4800
carl_wertz@diodes.com
|
Investor
Contact:
Leanne
Sievers
EVP,
IR
Shelton
Group
(949)
224-3874
lsievers@sheltongroup.com
|