Exhibit 4.4
  I. Summary of the Material Terms of Factory Building Assignment Agreement
  Parties
 Party A
 Name of Assignee omitted from this Summary Party B Parties Street address of Assignee omitted from this Summary telephone number of Assignee omitted from this Summary facsimile number of Assignee omitted from this Summary
 Recital
 Property
 Assignment of Property
  Exhibit 4.4 to Annual Report on Form 20-F
for the year ended March 31, 2009 of Deswell Industries, Inc.   English Language Summary Page 1 of 8 pages




---



##### 



Consideration
 Consideration
 Consideration Payment Method and Time Period
  1.
    
    Deposit. Party B shall, on the date of execution of this Agreement, pay to Party A a deposit
(Deposit) of RMB5,000,000.00. Party A shall issue a receipt to Party B for the Deposit;2.
    
    Balance. The Parties hereby agree to appoint the Zhaoshang Road Branch of the Bank of China
in Shenzhen (Bank) shall be appointed as the escrow agent to hold the balance of purchase
price in the sum of RMB45,000,000.00 (Escrow Money) in escrow subject to the following terms
and conditions. In the event that the provisions in this Clause are inconsistent with that in
the escrow agreement with the Bank, the provisions in the escrow agreement shall prevail.On the date of issue of the tax demand note by the property ownership registration authority,
Party A shall deliver a payment authorisation instruction letter to the Bank together with the
original tax demand note issued in the name of the assignor and request the Bank to release
the Escrow Money by depositing the same into Party As designated bank account: Jetcrown
Industrial (Shenzhen) Co., Ltd., Zhaoshang Road Branch of the Bank of China in Shenzhen
(account number [Account No.
intentionally omitted from this Summary]).
 Exhibit 4.4 to Annual Report on Form 20-F
for the year ended March 31, 2009 of Deswell Industries, Inc.   English Language Summary Page 2 of 8 pages




---



##### 



Mechanism for Effecting Property Assignment
   Official Agreement
   Exhibit 4.4 to Annual Report on Form 20-F
for the year ended March 31, 2009 of Deswell Industries, Inc.   English Language Summary Page 3 of 8 pages




---



##### 



Bank Account No. omitted from this Summary
   Delivery of the Property
  Exhibit 4.4 to Annual Report on Form 20-F
for the year ended March 31, 2009 of Deswell Industries, Inc.   English Language Summary Page 4 of 8 pages




---



##### 



Continuing Arrangements
  Exhibit 4.4 to Annual Report on Form 20-F
for the year ended March 31, 2009 of Deswell Industries, Inc.   English Language Summary Page 5 of 8 pages




---



##### 



Liabilities in the Event of Breach
 Breaching Party Innocent Party Breaching Compensation
   Liability for Fault of Contract
 Responsible Party
 Exhibit 4.4 to Annual Report on Form 20-F
for the year ended March 31, 2009 of Deswell Industries, Inc.   English Language Summary Page 6 of 8 pages




---



##### 



Governing Law and Dispute Resolution
   Confidentiality
  II. Clauses Omitted or Abridged
  1.
    
    Clause defining and providing for obligations of parties in the event of force majeure;2.
    
    Clause providing for exemption of liabilities in the event of force majeure;3.
    
    Clause for amendments of the Agreement;4.
    
    Clause relating to confirmation of addresses of the Parties for the purpose of delivery of
notice;5.
    
    Confirmation of Parties full knowledge and understanding of the Agreement; and6.
    
    Clause relating to the coming into effect of the Agreement.
 Exhibit 4.4 to Annual Report on Form 20-F
for the year ended March 31, 2009 of Deswell Industries, Inc.   English Language Summary Page 7 of 8 pages




---



##### 



III. Other Information Omitted
   Exhibit 4.4 to Annual Report on Form 20-F
for the year ended March 31, 2009 of Deswell Industries, Inc.   English Language Summary Page 8 of 8 pages