<SEC-DOCUMENT>0001174947-17-000932.txt : 20170526
<SEC-HEADER>0001174947-17-000932.hdr.sgml : 20170526
<ACCEPTANCE-DATETIME>20170526091831
ACCESSION NUMBER:		0001174947-17-000932
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		2
<RULE>
<RULE-NAME>13p-1
<ITEM>
<ITEM-NUMBER>1.01
<ITEM-PERIOD>20161231
</ITEM>
<ITEM>
<ITEM-NUMBER>1.02
<ITEM-PERIOD>20161231
</ITEM>
</RULE>
FILED AS OF DATE:		20170526
DATE AS OF CHANGE:		20170526

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DESWELL INDUSTRIES INC
		CENTRAL INDEX KEY:			0000946936
		STANDARD INDUSTRIAL CLASSIFICATION:	PLASTICS PRODUCTS, NEC [3089]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33900
		FILM NUMBER:		17871977

	BUSINESS ADDRESS:	
		STREET 1:		UNIT 516-517 HONG LEONG INDUSTRIAL
		STREET 2:		COMPLEX #4 WANG KWONG RD
		CITY:			KOWLOON BAY KOWLOON
		STATE:			K3
		BUSINESS PHONE:		2127320030

	MAIL ADDRESS:	
		STREET 1:		UNIT 516-517 HONG LEONG INDUSTRIAL
		STREET 2:		COMPLEX #4 WANG KWONG ROAD
		CITY:			KOWLOON BAY KOWLOON
		STATE:			K3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>SD
<SEQUENCE>1
<FILENAME>sd-18019_deswell.htm
<DESCRIPTION>SD
<TEXT>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.05in 0 0; text-align: center; text-indent: 0"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.55pt 0 0; text-align: center; text-indent: 0"><B>SECURITIES AND EXCHANGE
COMMISSION <BR>
Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 0 0; text-align: center; text-indent: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 0"><B>FORM SD</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.7pt 0 0; text-align: center; text-indent: 0">&nbsp;</P>

<P STYLE="font: small-caps 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 0"><B>S<FONT STYLE="font-size: 10pt">PECIALIZED</FONT> D<FONT STYLE="font-size: 10pt">ISCLOSURE REPORT</FONT></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid; text-indent: 0">Deswell Industries,
Inc.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 2pt 0 0; text-align: center; text-indent: 0">(Exact name of the registrant
as specified in its charter)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">British Virgin
        Islands</P></TD>
    <TD STYLE="width: 33%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">001-33900</P></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid; width: 33%">
&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(State or other jurisdiction of</FONT></TD>
    <TD STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(Commission</FONT></TD>
    <TD STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(IRS Employer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 2.4pt; padding-right: -2.75pt; padding-left: 8.8pt; text-align: center; font-size: 10pt; text-indent: 1.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">incorporation or organization)</FONT></TD>
    <TD STYLE="padding-top: 0.7pt; padding-right: -3.45pt; padding-left: 0.05pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">File Number)</FONT></TD>
    <TD STYLE="padding-top: 0.7pt; padding-right: 33.85pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Identification No.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.65pt 0 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-top: 1.55pt; padding-right: -1pt; font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">10B, Edificio Associacao Industrial De Macau,32 Rua do Comandante Mata e Oliveira,Macao SAR China &nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 69%; padding-top: 2.1pt; padding-right: -1pt; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(Address of principal executive offices)</FONT></TD>
    <TD STYLE="width: 31%; padding-top: 2.1pt; padding-right: -1pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(Zip code)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 2.1pt 0 0 5.85pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt; width: 50%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Herman Wong</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-size: 10pt; width: 50%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">853-2832-2096</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-top: 2.1pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(Name and telephone number, including area code, of the </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">person to contact in connection with this report.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Check the appropriate box to indicate the rule pursuant
to which this form is being filed, and provide the period to which the information in this form applies:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 12.95pt 0 5.85pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 0.5in; padding-right: 0; font-size: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><U>&nbsp;&nbsp;&nbsp;X&nbsp;&nbsp;&nbsp;</U></FONT></TD>
    <TD STYLE="padding-right: 0; padding-left: 0; text-indent: 0">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 1.55pt 0 0">Rule 13p-1 under the Securities Exchange Act (17
CFR 240.13p-1) for the reporting period from January 1 to December 31, 2016.</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; font-size: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 0; font-size: 10pt; padding-left: 0; text-indent: 0">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 12.95pt 0 5.85pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 0 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 1.55pt 0 0 0.25in"><B></B></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 1.55pt 0 0 0.25in"><B>Introduction</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 1.55pt 0 0 0.25in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 1.55pt 0 0 0.25in; text-align: justify">Deswell Industries, Inc. (&ldquo;Deswell&rdquo;,
&ldquo;Company&rdquo;, &ldquo;we&rdquo;, &ldquo;our&rdquo; or &ldquo;us&rdquo;) is a manufacturer of injection-molded plastic parts
and components, electronic products and subassemblies, and metallic products for original equipment manufacturers and contract
manufacturers at its factories in the People&rsquo;s Republic of China. The Company produces a wide variety of plastic parts and
components used in the manufacture of consumer and industrial products, printed circuit board assemblies using surface mount; and
finished products such as telephones, telephone answering machines, sophisticated studio-quality audio equipment and computer peripherals.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 1.55pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 1.55pt 0 0 0.25in"><B>Section 1 &ndash; Conflict Minerals Disclosure</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 1.55pt 0 0 0.25in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 3.4pt 0 0 0.25in"><B>Item 1.01 Conflict Minerals Disclosure and Report</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in"><B>Introduction</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">Deswell has implemented due diligence procedures
and taken other steps towards meeting the requirements of the final conflict minerals implementing rules (&ldquo;the Final Rules&rdquo;)
promulgated by the U.S. Securities and Exchange Commission (&ldquo;SEC&rdquo;) and Section&nbsp;1502 of the Dodd-Frank Wall Street
Reform and Consumer Protection Act as codified in Section 13(p) of the Securities Exchange Act of 1934 (the &ldquo;Act&rdquo;).
The SEC defines &ldquo;conflict minerals&rdquo; as columbite-tantalite (coltan), cassiterite and wolframite, including their derivatives,
which are limited to tantalum, tin and tungsten, and gold (collectively, referred to as &ldquo;3TGs&rdquo;).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">In accordance with our compliance efforts, Deswell
has adopted a Conflict Minerals Policy. The Conflict Minerals Policy sets forth (i) our commitment to complying with the Final
Rules and (ii) our expectations of our suppliers regarding supporting Deswell&rsquo;s compliance activities. The Company&rsquo;s
Conflict Minerals Policy and this Specialized Disclosure Report on Form SD are publicly available on the Company&rsquo;s Internet
website at: http://www.deswell.com.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">Information included on the Company&rsquo;s
Internet website is provided for informational purposes only and is not incorporated by reference herein.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in"><B>Determination</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">As conflict minerals (as defined in Item&nbsp;1.01(d)(3)
of Form SD, &ldquo;Conflict Minerals&rdquo;) are necessary to the functionality or production of products manufactured by Deswell
or contracted by Deswell to be manufactured, Deswell has conducted in good faith a reasonable country of origin inquiry (&ldquo;RCOI&rdquo;)
for calendar year 2016 regarding those Conflict Minerals to determine whether any of the Conflict Minerals originated in the Democratic
Republic of the Congo or an adjoining country (the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda,
Burundi, Tanzania, Zambia or Angola) (the &ldquo;Covered Countries&rdquo;), or are from recycled or scrap sources (as defined in
Item&nbsp;1.01(d)(6) of Form SD, &ldquo;Recycled/Scrap Sources&rdquo;).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">Based on our RCOI and the responses provided
by our suppliers, as discussed below, we have no reason to believe that our Conflict Minerals may have originated in the Covered
Countries. We are therefore only required by the Final Rules to disclose our determination and briefly describe the reasonable
country of origin inquiry we undertook in making our determination and the results of the inquiry we performed. The reasonable
country of origin inquiry undertaken by Deswell and the results of the inquiry are described below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0"><B></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in"><B>Reasonable Country of Origin Inquiry</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">We performed a comprehensive analysis of our
product components and suppliers were required to provide the specifications or other applicable documents in order to identify
the composition of the materials supplied to us. According to the information we gathered, we defined the scope of our RCOI by
identifying and reaching out to certain suppliers that provide materials that are likely to contain 3TGs. In order to manage the
scope of our supply chain review, as a downstream manufacturer, we rely upon our suppliers to provide information on the origin
of the Conflict Minerals contained in components and materials supplied to us, including sources of 3TGs that are supplied to them
from sub-tier suppliers. We used the standard Conflict Minerals Reporting Templates established by the Conflict-Free Sourcing Initiative
(CFSI) and Electronic Industry Citizenship Coalition/Global e-Sustainability Initiative for reference and adopted a questionnaire
that is substantially the same as these reporting templates (the &ldquo;CMRT&rdquo;). We requested that our suppliers complete
in full our CMRT survey.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">Deswell&rsquo;s existing suppliers were also
provided with a copy of our Conflict Minerals Policy, available at http://www.deswell.com. We integrated a responsible sourcing
of minerals requirement with our Conflict Minerals Policy, and our suppliers are expected to provide the 3TGs sourcing information
to us per our Conflict Minerals Policy.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">The implementation of Deswell&rsquo;s RCOI is
managed by Deswell&rsquo;s quality assurance and purchasing departments. Deswell&rsquo;s quality assurance and purchasing departments
manage the collection of information reported on the CMRT by our suppliers. Deswell utilizes a series of escalating responses to
address the failure of a supplier to provide the information required by the CMRT.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in"><B>Results of the Reasonable Country of Origin
Inquiry</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">As a result of Deswell&rsquo;s RCOI, 56 suppliers
out of 64 suppliers surveyed provided completed CMRTs to Deswell. Attached as Exhibit 1.01 to this Report is a summary of the findings.
None of our suppliers reported sourcing Conflict Minerals from a Covered Country.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in; color: red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">Based upon a review of our products and our
RCOI, we have concluded that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0.45pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="padding-right: 15.8pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Our electronic products contain Conflict
Minerals that are necessary to the production or functionality of such products; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0.45pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="padding-right: 15.8pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">We have no reason to believe that our
Conflict Minerals may have originated in the Covered Countries. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.45pt 15.8pt 0 0.25in; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 3.4pt 0 0 0.25in"><B>Item 1.02 Exhibit</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 3.4pt 0 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 10pt 0.25in">Deswell, as an exhibit to this Form SD, is filing the
Summary of Findings.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 10pt 0.25in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 10pt 0.25in"><B>Section 2 &ndash; Exhibits</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.95pt 0 0 0.25in"><B>Item 2.01 Exhibits</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.25in">Exhibit 1.01 &ndash; Summary of Findings</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 3.25pt 0 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.4pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Pursuant to the requirements of the Securities Exchange
Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 2.65pt 0 5.85pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 2.65pt 0 5.85pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 2.65pt 0 5.85pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 2.65pt 0 5.85pt">&nbsp;</P>

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    <TD STYLE="width: 67%; border-bottom: Black 1pt solid; padding-right: 2.65pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; text-transform: uppercase">DESWELL INDUSTRIES, INC.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
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    <TD STYLE="padding-top: 0.7pt; padding-right: -1pt; padding-left: 5.85pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(Registrant)</FONT></TD>
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    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2.65pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;/s/ Edward So Kin Chung</FONT></TD>
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    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2.65pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif; background-color: White">May&nbsp;&nbsp;26 , 2017</FONT></TD></TR>
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    <TD STYLE="padding-right: 2.65pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">By Edward So Kin Chung, Chief Executive Officer</FONT></TD>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 0">* * * * *</P>



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<TYPE>EX-1.01
<SEQUENCE>2
<FILENAME>ex1-01.htm
<DESCRIPTION>EX-1.01
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 10pt"><B>Exhibit 1.01</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Deswell Industries, Inc.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center"><B>Summary of findings</B></P>

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    <TD STYLE="width: 54%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Number of suppliers that provide materials that are likely to contain 3TGs/Conflict Minerals</FONT></TD>
    <TD STYLE="width: 46%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">64</FONT></TD></TR>
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    <TD STYLE="width: 34%; border: Black 1pt solid; padding-left: 67.5pt; text-indent: -67.5pt; font-size: 10pt">&nbsp;</TD>
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        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Number</P></TD>
    <TD STYLE="width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">As a % of the selected<BR>
 suppliers&rsquo; purchase volume</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Response received </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">56</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">87.5%</FONT></TD></TR>
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    <TD STYLE="width: 34%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Number of suppliers</FONT></TD>
    <TD STYLE="width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Number of suppliers sourced<BR>
 from Covered Country</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tantalum</FONT></TD>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tin</FONT></TD>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Gold</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">31</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Tungsten</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">10</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0</FONT></TD></TR>
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