Siliconware Precision : Reports a 3.7% Quarter-over-Quarter Increase in Revenues Resulting in Earnings per Share of NT$ (0.07) or Earnings per ADS is US$ (0.01) for Fourth Quarter 2015.

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News Release

Contact:

Siliconware Precision Industries Co., Ltd.

No.45, Jieh Show Rd.

Hsinchu Science Park, Hsinchu Taiwan, 30056 www.spil.com.tw

Janet Chen, IR Director janet@spil.com.tw

+886-3-5795678#3675

Mike Ma, Spokesperson mikema@spil.com.tw

+886-4-25545527#5601

Siliconware Precision Industries Reports a 3.7% Quarter-over-Quarter Increase in Revenues Resulting in Earnings per Share of NT$ (0.07) or Earnings per ADS is US$ (0.01) for Fourth Quarter 2015.

Taichung, Taiwan, Jan 29, 2016─Siliconware Precision Industries Co., Ltd. ("SPIL" or the "Company") (Taiwan Stock Exchange: 2325, NASDAQ: SPIL) today announced that its consolidated sales revenues for the fourth quarter of 2015 were NT$ 20,765 million, which represented a 3.7% increase in revenues compared to the third quarter of 2015 and a 3.1% decline in revenues compared to the fourth quarter of 2014. SPIL reported a net loss of NT$ 212 million for the fourth quarter of 2015, compared with a net income of NT$ 2,682 million and a net income of NT$ 3,015 million for the third quarter of 2015 and the fourth quarter of 2014, respectively.

Diluted earnings per ordinary share for this quarter was NT$ (0.07), and diluted earnings per ADS was US$ (0.01).

All figures were prepared in accordance with T-IFRS on a consolidated basis.

Operating results review:

• For the fourth quarter of 2015, net revenues from IC packaging were NT$ 18,449 million and represented 89% of total net revenues. Net revenues from testing operations were NT$ 2,316 million and represented 11% of total net revenues.

• Cost of goods sold was NT$ 15,323 million, representing an increase of 1.5% compared to the third quarter of 2015 and a decrease of 2.1% compared to the fourth quarter of 2014.

• Raw materials costs were NT$ 6,457 million for the fourth quarter of 2015 and represented 31.1% of total net revenues, whereas raw materials costs were NT$ 6,150 million and represented 30.7% of total net revenues for the third quarter of 2015.

• Gross profit was NT$ 5,442 million for the fourth quarter of 2015, representing a gross margin of 26.2%, which increased from a gross margin of 24.7% for the third quarter of 2015 and decreased from 26.9% for the fourth quarter of 2014.

• Total operating expenses for the fourth quarter of 2015 were NT$ 2,181 million, which included selling expenses of NT$ 193 million, administrative expenses of NT$ 1,108 million and R&D expenses of NT$ 880 million. Total operating expenses represented 10.5% of total net revenues for the fourth quarter of 2015.

• Operating income was NT$ 3,261 million for the fourth quarter of 2015, representing an operating margin of 15.7%, which increased from 14.6% for the third quarter of 2015 and decreased from 18.0% for the fourth quarter of 2014.

• Non-operating items:

  • Our non-operating expense was NT$ 3,662 million, including net losses of NT$ 1,425 million on fair value change of financial liabilities at fair value through profit or loss and an impairment loss of NT$ 1,856 million from Unimicron Technology Co.

• Net loss before tax was NT$ 6 million for the fourth quarter of 2015, which decreased from a net income before tax of NT$ 3,051 million for the third quarter of 2015 and decreased from a net income before tax of NT$ 3,684 million for the fourth quarter of 2014.

• Income tax expense was NT$ 206 million for the fourth quarter of 2015, compared with income tax expense of NT$ 369 million for the third quarter of 2015 and income tax expense of NT$ 669 million for the fourth quarter of 2014.

• Net loss was NT$ 212 million for the fourth quarter of 2015, which decreased from a net income of NT$ 2,682 million for the third quarter of 2015 and decreased from a net income of NT$ 3,015 million for the fourth quarter of 2014.

• Total number of shares outstanding was 3,116 million shares as of Dec 31, 2015. Diluted earnings per ordinary share was NT$ (0.07), and diluted earnings per ADS was US$ (0.01).

  
  

  Capital expenditure and balance sheet highlight:

• Our cash balances totaled NT$ 25,191 million as of Dec 31, 2015 from NT$ 22,437 million as of Sept 30, 2015, and NT$ 30,155 million as of Dec 31, 2014.

• Capital expenditures for the fourth quarter of 2015 totaled NT$ 3,070 million.

• Total depreciation expenses for the fourth quarter of 2015 totaled NT$ 3,225 million.

  
  

  IC packaging service:

• Net revenues from IC packaging operations were NT$ 18,449 million for the fourth quarter of 2015, which represented an increase of NT$ 705 million or 4.0% compared to the third quarter of 2015.

• Substrate-based packaging, leadframe-based packaging and wafer bumping & Flip Chip accounted for 27%, 17% and 45%, respectively, of total net revenues for the fourth quarter of 2015.

• As of Dec 31, 2015 we had 7,323 wirebonders installed, of which 25 were disposed in the fourth quarter of 2015.

  
  

  IC testing service:

• Net revenues from testing operations were NT$ 2,316 million for the fourth quarter of 2015, which represented an increase of NT$ 30 million or 1.3% compared to the third quarter of 2015.

• As of Dec 31, 2015 we had 547 testers installed, of which 9 were added and 5 were disposed in the fourth quarter of 2015.

  
  

  Revenue Analysis

  
  

  
  

  • Breakdown by end applications:

    
    

    By application	4Q15	3Q15
    Communication	63%	64%
    Computing	9%	10%
    Consumer	25%	22%
    Memory	3%	4%

    
    

  • Breakdown by packaging type:

By application	4Q15	3Q15
Bumping & Flip Chip	45%	44%
Substrate Based	27%	27%
Leadframe Based	17%	18%
Testing	11%	11%

About SPIL

Siliconware Precision Industries Ltd. ("SPIL")(NASDAQ:SPIL, Taiwan Stock Exchange:2325) is a leading provider of comprehensive semiconductor assembly and test services. SPIL is dedicated to meeting all of its customers' integrated circuit packaging and testing requirements, with turnkey solutions that range from design consultations, modeling and simulations, wafer bumping, wafer probe and sort, package assembly, final test, burn-in, to shipment. Products include advanced leadframe, substrate packages, wafer bumping and FCBGA, which are widely used in personal computers, communications, Internet appliances, cellular phones, digital cameras, cable modems, personal digital assistants and LCD monitors. SPIL supplies services and support to fabless design houses, integrated device manufacturers and wafer foundries globally. For further information, visit SPIL's web site at www.spil.com.tw.

Safe Harbor Statement

The information herein contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. We have based these forward-looking statements on our current expectation and projections about future events. Such forward-looking statements are inherently subject to known and unknown risks, uncertainties, assumptions about us and other factors that may cause the actual performance, financial condition or results of operations of SPIL to be materially different from what may be implied by such forward-looking statements. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors, including, among other things:

• the intensely competitive personal computer, communications, consumer ICs and non-commodity memory semiconductor industries and markets;

• cyclical nature of the semiconductor industry;

• risks associated with global business activities;

• non-operating losses due to poor financial performance of some of our investments;

• our dependence on key personnel;

• general economic and political conditions;

• possible disruptions in commercial activities caused by natural and human induced disaster, including terrorist activities and armed conflicts and contagious disease, such as the Severe Acute Respiratory Syndrome;

• fluctuations in foreign currency exchange rates; and

• other risks identified in our annual reports on Form 20-F filed with the U.S. Securities and Exchange Commission each year.

The words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions, as they relate to us, are intended to identify a number of these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed herein might not occur and our actual results could differ materially from those anticipated in these forward-looking statements.

All financial figures discussed herein are prepared pursuant to TIFRS on a consolidated basis. The investment gains or losses of our company for the three months ended Dec 31, 2015 reflect our gains or losses attributable to the fourth quarter of 2015 unaudited financial results of several of our investees which are evaluated under the equity method. Neither the consolidated financial data for our company for the three months ended Dec 31, 2015, nor the consolidated financial data for our company for the twelve months ended Dec 31, 2015 is necessarily indicative of the results that may be expected for any period thereafter.