HSINCHU, Jan. 7 /Xinhua-PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced December 2007 revenue with preliminary consolidated revenue of NT$48,940 million and unconsolidated revenue of NT$48,828 million; decreasing 8.4% and 8.5% respectively from the previous month. On a year-over-year comparison, December 2007 consolidated and unconsolidated revenues increased by 73.6% and 73.5% correspondingly.
For the year ended December 31, 2007, unaudited consolidated revenue totaled NT$480,188 million, representing historical record breaking result with a significant 63.8% Y-o-Y increase. Meanwhile, unconsolidated revenue amounted to NT$479,727 million, representing a Y-o-Y growth of 63.7%.
In December 2007, shipments of large-sized panels used in desktop monitor, notebook PC, LCD TV and other applications reached around 7.39 million units, showing a 6.8% decrease from November 2007. Shipments of small- and medium-sized panels totaled 16.22 million, representing a slight 0.4 % sequential decrease.
Preliminary shipments of large-sized panels for the fourth quarter of 2007 reached 23.21 million units, representing a 4.3% increase from last quarter. Shipments for small- and medium-sized panels increased to total 48.01 million units, revealing a 17.9 % sequential growth. Both broke the historical records.
In terms of the 2007 full-year unit shipments, large-sized panels reached 80.9 million units with a significant 65.9% Y-o-Y increase. Meanwhile, small- and medium-sized panels had a remarkable amount of 143.07 million units, revealing a Y-o-Y growth of 80.7%.
Sales Report: (Unit: NT$ million)
Net Sales(1) (2) Consolidated(3) Unconsolidated
December 2007 48,940 48,828
November 2007 53,438 53,364
M-o-M Growth (8.4%) (8.5%)
December 2006 28,190 28,150
Y-o-Y Growth 73.6% 73.5%
Jan to Dec 2007 480,188 479,727
Jan to Dec 2006 293,107 293,028
Y-o-Y Growth 63.8% 63.7%
(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 20.4%* of global market share with revenues of NT$480.188 billion (US$14.81billion)* in 2007. 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"-65") TFT-LCD panels, which enables it to offer a broad and diversified product portfolio.
* DisplaySearch 3Q2007 WW Large-Area TFT-LCD Shipment Report dated Dec 10,
2007. This data is used as reference only and AUO does not make any
endorsement or representation in connection therewith. 2007 year end
revenue converted by an exchange rate of NTD32.43:USD1.
