Exhibit 4.3
 INTEGRATED INTERNATIONAL LTD.
 STOCK PURCHASE AGREEMENT
 Among
 S. K. LEE and
M. C. TAM
 and
 DESWELL INDUSTRIES, INC.
 August 17, 2007




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STOCK PURCHASE AGREEMENT
 This Stock Purchase Agreement Agreement Lee Tam Sellers Company DESWELL INDUSTRIES, INC Purchaser
 WHEREAS,
 WHEREAS,
 WHEREAS,
 Now Therefore The Parties Hereby Agree As Follows
 Purchase and Sale of Stock.
 Sale of the Securities
 Integrated Shares
 Deswell Common Shares
   Closing
 
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Closing Closing Date
     Representations and Warranties of the Sellers
 Validity
 Consents or Approvals.
 No Defaults
 Ownership
 
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Investment
 Experience
 Transfer or Resale
 Lock-up Period
 Securities Act
 (i)
    
    subsequently registered under the Securities Act; or(ii)
    
    he shall have delivered to the Purchaser an
opinion of counsel reasonably acceptable to the Purchaser (which
opinion shall be in
 
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form, substance and scope customary for opinions of counsel in
comparable transactions) to the effect that the Deswell Common Shares
to be sold or transferred may be sold or transferred under an
exemption from such registration; or(iii)
    
    sold under Rule 144 promulgated under the
Securities Act (or a successor rule).
 Accredited Investor SEC
 Restricted Securities
   Legend Legend
 The shares represented by this certificate have not been registered under the Securities
Act of 1933, as amended, and may not be offered, sold or otherwise transferred, pledged or
hypothecated unless and until such shares are registered under such Act or an opinion of
counsel satisfactory to the Company is obtained to the effect that such registration is not
required.
  Transfer of the shares represented by certificate is restricted 200 pursuant to the terms
of that certain Stock Purchase Agreement dated as of August 17, 2007/ by and among Lee
Shu Kwan and Tam Man Chi and Deswell Industries, Inc., a copy of which is on file and
available for inspection at the principal executive offices of Deswell Industries,
Inc.
 Representations as Foreign Investor
 
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Representations and Warranties of the Purchaser.
 Authorization and Validity.
 Consents or Approvals
 No Defaults
 Purchase Entirely for Own Account.
 Disclosure of Information.
 Investment Experience.
 Accredited Investor.
 Restricted Securities.
   
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Representations as Foreign Investor
 Conditions of Investors Obligations at the Closing
 Representations and Warranties
 Performance
 Qualifications
 Proceedings and Documents
 Conditions of the Sellers Obligations at Closing
 Representations and Warranties
 Performance
 Qualifications
 
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Miscellaneous
 Survival of Warranties
  Governing Law
 Counterparts
 Titles and Subtitles
 Notices
        
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Amendments and Waivers
 Severability
 Further Assurances
 Entire Agreement
 Expenses
 Taxes
 [Signatures on next page]
 
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In Witness Whereof
 SELLERS/s/ Lee Shu KwanName:
    Lee Shu Kwan/s/ Tam Man ChiName:
    Tam Man ChiPURCHASER
DESWELL INDUSTRIES, INC.By:
    /s/ Franki TseName:
    Franki TseIts:       Chief Executive Officer 9