FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person *   Tsai Chen Lung 2. Date of Event Requiring Statement (Month/Day/Year) 10/18/2004 3. Issuer Name and Ticker or Trading Symbol SILICON STORAGE TECHNOLOGY INC [SSTI] (Last) (First) (Middle) C/O 1171 SONORA COURT 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Senior Vice President 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) SUNNYVALE, CA 94086 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 87,050 D   Common Stock 3,000 I for minor daughter Common Stock 3,000 I for minor son

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (right to buy)	02/19/1998	04/28/2007	Common Stock	7,812	$ 1.04	D	Â
Options (right to buy)	12/02/1997	04/28/2007	Common Stock	1,250	$ 1.04	D	Â
Options (right to buy)	02/19/2001	07/06/2008	Common Stock	25,755	$ 0.95	D	Â
Options (right to buy)	07/09/1999	07/06/2008	Common Stock	7,875	$ 0.95	D	Â
Options (right to buy)	02/19/2002	07/01/2009	Common Stock	23,193	$ 2.36	D	Â
Options (right to buy)	09/01/2000	09/24/2009	Common Stock	15,000	$ 4.42	D	Â
Options (right to buy)	01/01/2001	01/06/2010	Common Stock	60,000	$ 9.85	D	Â
Options (right to buy)	02/19/2003	08/02/2010	Common Stock	23,108	$ 18.6	D	Â
Options (right to buy)	02/19/2004	10/01/2011	Common Stock	13,921	$ 4.46	D	Â
Options (right to buy)	02/19/2005	10/15/2012	Common Stock	10,010	$ 3.65	D	Â
Options (right to buy)	02/19/2006	10/01/2013	Common Stock	9,042	$ 9.32	D	Â
Options (right to buy)	08/01/2005	09/30/2014	Common Stock	30,000	$ 6.37	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Tsai Chen Lung C/O 1171 SONORA COURT SUNNYVALE, CA 94086	Â	Â	  Senior Vice President	Â

Signatures

Chen Lung Tsai		10/28/2004
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.