Ownership Submission
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 *
  Shiu Leung Chan & Annie M.H. Chan Gift Trust Dated 11/20/92
2. Date of Event Requiring Statement (Month/Day/Year)
03/28/2005
3. Issuer Name and Ticker or Trading Symbol
VIALTA INC [VLTA]
(Last)
(First)
(Middle)
19770 STEVENS CREEK BOULEVARD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

CUPERTINO, CA 95014
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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 974,410 (1)
D (2)
 
Common Stock 974,408 (1)
D (3)
 
Common Stock 334,939 (1)
D (4)
 
Common Stock 2,119,447 (1)
D (5)
 

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

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Shiu Leung Chan & Annie M.H. Chan Gift Trust Dated 11/20/92
19770 STEVENS CREEK BOULEVARD
CUPERTINO, CA 95014
    X    
Mee Sim Lee & Sung Kook Kim & Myong Shin Kim TR UA DTD 12-21-87, The David Y.W. Chan Trust
19770 STEVENS CREEK BOULEVARD
CUPERTINO, CA 95014
    X    
Mee Sim Lee & Sung Kook Kim & Myong Shin Kim TR UA DTD 12-21-87, The Edward Y.C. Chan Trust
19770 STEVENS CREEK BOULEVARD
CUPERTINO, CA 95014
    X    
Mee Sim Lee & Sung Kook Kim & Myong Shin Kim TR UA DTD 3-16-92, The Michael Y.C. Chan Trust
19770 STEVENS CREEK BOULEVARD
CUPERTINO, CA 95014
    X    

Signatures

/s/ Mee Sim Lee, Co-Trustee of the Shiu Leung Chan & Annie M.H. Chan Gift Trust Dated 11/20/92 & Co-Trustee of the David Y.W. Chan Trust UA DTD 12-21-87, The Edward Y.C. Chan Trust UA DTD 12-21-87, The Michael Y.J. Chan Trust UA DTD 3-16-92 10/12/2005
**Signature of Reporting Person Date

/s/ Sung Kook Kim, Co-Trustee of the Shiu Leung Chan & Annie M.H. Chan Gift Trust Dated 11/20/92 & Co-Trustee of the David Y.W. Chan Trust UA DTD 12-21-87, The Edward Y.C. Chan Trust UA DTD 12-21-87, The Michael Y.J. Chan Trust UA DTD 3-16-92 10/12/2005
**Signature of Reporting Person Date

/s/ Myong Shin Kim, Co-Trustee of the David Y.W. Chan Trust UA DTD 12-21-87, The Edward Y.C. Chan Trust UA DTD 12-21-87, and The Michael Y.J. Chan Trust UA DTD 3-16-92 10/12/2005
**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).
(1) These shares were previously reported on the Form 3 filed by Fred S.L. Chan filed July 24, 2001, as amended on August 13, 2002, and/or the Form 4 of Fred S.L. Chan filed September 10, 2001, as amended on August 13, 2002, and/or the Form 4 filed by Fred S.L. Chan on November 15, 2002.
(2) The reported securities were directly held by Mee Sim Lee & Sung Kook Kim & Myong Shin Kim TR UA DTD 12-21-87, The David Y.W. Chan Trust (the ?David Chan Trust?).
(3) The reported securities were directly held by Mee Sim Lee & Sung Kook Kim & Myong Shin Kim TR UA DTD 12-21-87, The Edward Y.C. Chan Trust (the ?Edward Chan Trust?).
(4) The reported securities were directly held by Mee Sim Lee & Sung Kook Kim & Myong Shin Kim TR UA DTD 3-16-92, The Michael Y.J. Chan Trust (the ?Michael Chan Trust?).
(5) The reported securities were directly held by the Shiu Leung Chan & Annie M.H. Chan Gift Trust Dated 11/20/92 (the ?Chan Gift Trust?).

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.