AU Optronics Corp. Reports September 2010 Consolidated Revenue
AU Optronics Corp. Reports September 2010 Consolidated Revenue
HSINCHU, Oct. 5 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp. ("AUO"
or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary
consolidated September 2010 revenue of NT$41,986 million, down by 3.6%
month-over-month but up 2.5% year-over-year.
Large-sized panel(a) shipments for September 2010, with applications on
desktop monitor, notebook PC, LCD TV and other applications, totaled around
9.51 million units, down by 4% from the previous month. As for
small-and-medium-sized panels, the shipments amounted to nearly 20.14 million
units, up by 11% month-over-month.
Due to customers' inventory adjustments and weaker-than-expected panel
prices, AUO's consolidated revenues in the third quarter of 2010 fell 3.3%
quarter-over-quarter to NT$124,403 million. Compared to the same quarter a
year ago, this figure suggests a year-over-year increase of 11.8%.
In the third quarter of 2010, large-sized panel shipments reached 28.67
million units, with a decrease of 3.2% from the last quarter but an increase
of 7.4% year-over-year. Shipments of small-and-medium-sized panels in the same
quarter reached around 55.59 million units, up by 0.3% quarter-over-quarter
but down by 14.2% year-over-year.
(a) Large size refers to panels that are 10 inches and above in diagonal
measurement while small and medium size refers to those below 10
inches.
Sales Report :(Unit: NT$ million)
Net Sales(1)(2) Consolidated(3) Unconsolidated
September 2010 41,986 39,946
August 2010 43,545 41,684
M-o-M Growth (3.6%) (4.2%)
September 2009 40,978 39,446
Y-o-Y Growth 2.5% 1.3%
Jan. to Sep. 2010 364,553 347,096
Jan. to Sep. 2009 244,470 240,115
Y-o-Y Growth 49.1% 44.6%
(1) All figures are prepared in accordance with generally accepted
accounting principles in Taiwan.
(2) Monthly figures are unaudited, prepared by AU Optronics Corp.
(3) Consolidated numbers include AU Optronics Corp., AU Optronics (L) Corp.
and its affiliates, Darwin Precision Corp. and its affiliates, BriView
Electronics Corp., Toppan CFI (Taiwan) Co, Ltd., and AUO Energy Taiwan
Corp. Revenue of Lextar Electronics Corp. and its affiliates is no
longer included in the consolidated numbers starting from this July.
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is a global leader of thin film transistor liquid
crystal display panels (TFT-LCD). AUO is able to provide customers with a full
range of panel sizes and comprehensive applications, offering TFT-LCD panels
in sizes ranging from 1.2 inches to greater than 65 inches. AUO generated
NT$359.3 billion (US$11.2 billion) in sales revenue* in 2009 with global
operations in Taiwan, Mainland China, Japan, Singapore, South Korea, the U.S.,
and Europe. Additionally, AUO is the first pure TFT-LCD manufacturer to be
successfully listed at the New York Stock Exchange (NYSE). AUO extended its
market to the green energy industry in late 2008, and formally founded its
Solar Photovoltaic Business Unit in October, 2009. For more information,
please visit AUO.com.
* 2009 year end revenue converted at an exchange rate of NTD31.95:USD1.
Safe Harbor Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a
global leader of TFT-LCD panels, today announced the above news. Except for
statements in respect of historical matters, the statements contained in this
Release are "forward-looking statements" within the meaning of Section 27A of
the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities
Exchange Act of 1934. These forward-looking statements were based on our
management's expectations, projections and beliefs at the time regarding
matters including, among other things, future revenues and costs, financial
performance, technology changes, capacity, utilization rates, yields, process
and geographical diversification, future expansion plans and business strategy.
Such forward looking statements are subject to a number of known and unknown
risks and uncertainties that can cause actual results to differ materially
from those expressed or implied by such statements, including risks related to
the flat panel display industry, the TFT-LCD market, acceptance of and demand
for our products, technological and development risks, competitive factors,
and other risks described in the section entitled "Risk Factors" in our Form
20-F filed with the United States Securities and Exchange Commission on May
11th, 2010.
SOURCE AU Optronics Corp.
AU Optronics Corp.
CONTACT: Freda Lee, Corporate Communications Division, AU Optronics Corp. at +886-3-5008800 x3206, +886-3-5772730(Fax) or freda.lee@auo.com; Yawen HsiaoCorporate, Communications Division, AU Optronics Corp. at +886-3-5008800 x3211, +886-3-5772730(Fax) or yawen.hsiao@auo.com
Web Site: http://auo.com/
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