This excerpt taken from the PSEM DEF 14A filed Oct 24, 2007.
Compensation Committee Interlocks and Insider Participation
Pericom Technology, Inc., a British Virgin Islands corporation (PTI) (a description of the relationship between the Company and PTI can be found in the section of this proxy statement entitled Certain Relationships and Related Transactions). PTI does not have a compensation committee and the duties generally ascribed to such a committee are untaken by the board of directors. Mr. Alex Hui is Chief Executive Officer and a director of PTI. Dr. Chi-Hung (John) Hui is a director of PTI.