omniture

AUO December 2006 Consolidated Revenues Totaled NT$28.2 Billion

2007-01-08 17:10 1298

HSINCHU, Taiwan, Jan. 8 /Xinhua-PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated December 2006 monthly revenues of NT$28,182 million and unconsolidated revenues totaled NT$28,150 million, decreasing 15.1% and 15.2% respectively from last month. On a year-over-year comparison, December 2006 consolidated and unconsolidated revenues increased by 14.6% and 14.5% correspondingly.

Due to an early sign of controlling year-end inventory from some of customers and the seasonality, shipments of large-sized panels used in desktop monitor, notebook PC, LCD TV and other applications, reached 5.04 million units, a 12.8% decrease from November 2006. Shipments of small- and

medium-sized panels totaled 7.20 million, a 12.4 % sequential decrease due to seasonal demand.

Preliminary shipments of large-sized panels for the fourth quarter reached 16.62 million, a 31.7% sequential increase, while shipments for small- and medium-sized panels also increased to total 24.48 million, a 17.7 % sequential growth.

For the year ended December 31, 2006, unaudited consolidated and unconsolidated revenue totaled NT$293,098 million and NT$293,028 million respectively, representing 34.8% and 34.9% Y-o-Y growth. Unit shipments increased by 59.1% for large-sized panels and 46.6% for small- and

medium-sized panels.

(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

December 2006 28,182 28,150

November 2006 33,185 33,178

M-o-M Growth (15.1%) (15.2%)

December 2005 24,592 24,589

Y-o-Y Growth 14.6% 14.5%

Jan to Dec 2006 293,098 293,028

Jan to Dec 2005 217,388 217,295

Y-o-Y Growth 34.8% 34.9%

(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)

Corporation, AU Optronics (Suzhou) Corporation, and AU Optronics

(Shanghai) Corporation.

About AU Optronics

AU Optronics Corp. (“AUO”) is one of the top three largest manufacturers* of large-size thin film transistor liquid crystal display panels (“TFT-LCD”), with approximately 20.7%* of global market share with revenues of NT$217.4billion (US$6.75 bn)* in 2005. TFT-LCD technology is currently the most widely used flat panel display technology. Targeted for 40”+ sized LCD TV panels, AUO’s new generation (7.5-generation) fabrication facility production started mass production in the fourth quarter of 2006. The Company currently operates one 7.5-generation, two 6th-generation, four 5th-generation, one 4th-generation, and four 3.5-generation TFT- LCD fabs, in addition to eight module assembly facilities and the AUO Technology Center specializes in new technology platform and new product development. AUO is one of few top-tier TFT-LCD manufacturers capable of offering a wide range of small- to large- size (1.5”-46”) TFT-LCD panels, which enables it to offer a broad and diversified product portfolio.

* As shown on DisplaySearch Quarterly Large-Area TFT-LCD Shipment Report

dated November 2, 2006. (AUO market share = pre-merger AUO market share

+ QDI market share). This data is used as reference only and AUO does

not make any endorsement or representation in connection therewith.

2005 year end revenue converted by an exchange rate of NTD32.2039:USD1.

Source: AU Optronics Corp.
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