Mail Stop 0306

November 05, 2004



Via: US Mail and Facsimile to (408) 321-0987


Mr. Michael D. Craighead
Chief Financial Officer
Pericom Semiconductor Corporation
3545 North First Street
San Jose, CA  950134

	RE:	Pericom Semiconductor Corporation
		Form 10-K for the fiscal year ended June 30, 2004
		File No. 000-27026

Dear Mr. Craighead:

We have reviewed your response to our letter dated October 6, 2004
and have the following additional comments.

	Please understand that the purpose of our review process is to
assist you in your compliance with the applicable disclosure
requirements and to enhance the overall disclosure in your filing.
We look forward to working with you in these respects.  We welcome
any questions you may have about our comments or on any other aspect
of our review.  Feel free to call us at the telephone numbers listed
at the end of this letter.


Form 10-K for the fiscal year ended June 30, 2004

Item 7.  Management`s Discussion and Analysis of Financial Condition
and Results of Operations - Pages 12 to 19

Results of Operations

Gross Profit - Page 29
1. We have read and considered your response to comment 4. Revise
future filings to clearly disclose your inventory obsolescence policy
in MD&A and in the notes to your financial statements. You may want
to consider the followings in your disclosure:
a. The facts and circumstance leading to inventory obsolescence;
b. The method and significant assumptions used to determine the
amount and timing of inventory write-down;
c. How you price previously write-down inventory when subsequently
sold;
d. How you dispose of written-off inventory;
e. Total inventory written-off to date, the amount sold, the amount
discarded and the amount still on your books;
f. The impact of sold excess inventory on your gross margin.

Financial Statements

Note 1: Summary of Significant Account Policies

Revenue Recognition - Page 45
2. We have read and considered your response to comment 15. You state
that you have significant sales arrangements with your distributors,
such as price protection, right of returns, sales incentives and
other discounts. Please revise and expand future filings to include
the terms of these arrangements, how you recognize the related
revenues and how you met the criteria outlined in paragraph 6 of SFAS
48.


*    *    *    *

As appropriate, please respond to these comments within 10 business
days or tell us when you will provide us with a response.  Please
furnish a cover letter with your response that keys your responses to
our comments and provides any requested supplemental information.
Detailed cover letters greatly facilitate our review.  Please file
your cover letter on EDGAR.  Please understand that we may have
additional comments after reviewing your responses to our comments.

 	 We urge all persons who are responsible for the accuracy and
adequacy of the disclosure in the filings reviewed by the staff to be
certain that they have provided all information investors require.
Since the company and its management are in possession of all facts
relating to a company`s disclosure, they are responsible for the
accuracy and adequacy of the disclosures they have made.

	In connection with responding to our comments, please provide,
in writing, a statement from the company acknowledging that

* the company is responsible for the adequacy and accuracy of the
disclosure in the filings;
* staff comments or changes to disclosure in response to staff
comments in the filings reviewed by the staff do not foreclose the
Commission from taking any action with respect to the filing; and
* the company may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the
federal securities laws of the United States.

In addition, please be advised that the Division of Enforcement has
access to all information you provide to the staff of the Division of
Corporation Finance in our review of your filing or in response to
our comments on your filing.

You may contact Patrick Enunwaonye, Staff Accountant, at (202) 824-
5529 or me at (202) 942-1984 if you have any questions.


							Sincerely,



							Martin F. James
							Senior Assistant Chief Accountant
Mr. Michael D. Craighead
Pericom Semiconductor Corporation
November 5, 2004
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