HSINCHU, Taiwan, Jan. 8 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced December 2008 revenue with preliminary consolidated revenue of NT$14,736 million and unconsolidated revenue of NT$14,684 million, down by 17.0% and 16.7% respectively from the previous month. On a Y-o-Y comparison, both December 2008 consolidated and unconsolidated revenues decreased by 69.9%.
For the year ended December 31, 2008, unaudited consolidated revenue totaled NT$423,929 million, resulting in an 11.7% Y-o-Y decrease. Meanwhile, unconsolidated revenue amounted to NT$421,957 million, representing a 12.0%
Y-o-Y decline.
In December 2008, shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications reached around 4.22 million units, down by 6.4% month-over-month. Shipments of small- and
medium-sized panels totaled 9.85 million units, representing a 33.7% sequential decrease.
Preliminary shipments of large-sized panels for the fourth quarter of 2008 exceeded 15.08 million units, down by 27.2% from last quarter. Shipments for small- and medium-sized panels reached around 47.40 million units, representing a 22.5% sequential decrease.
In terms of the 2008 full-year unit shipments, large-sized panels reached 79.67 million units, a 1.5% Y-o-Y decrease. Meanwhile, small- and medium-sized panels exceeded 188.07 million units, representing a 31.5% Y-o-Y increase.
Large size refers to panels that are 10 inches and above in diagonal measurement while small and medium size refers to those below 10 inches
Sales Report:(Unit: NT$ million)
Net Sales Consolidated(1) Unconsolidated
December 2008 14,736 14,684
November 2008 17,754 17,624
M-o-M Growth (17.0%) (16.7%)
December 2007 48,936 48,828
Y-o-Y Growth (69.9%) (69.9%)
Jan to Dec 2008 423,929 421,957
Jan to Dec 2007 480,184 479,727
Y-o-Y Growth (11.7%) (12.0%)
(1) Consolidated numbers include AU Optronics Corp., AU Optronics (L) Corporation, AU Optronics (Suzhou) Corporation, AU Optronics (Shanghai) Corporation, Tech - Well (Shanghai) Display Co., AU Optronics (Xiamen) Corp., Darwin Precisions (L) Corp., Toppan CFI (Taiwan) Co, Ltd. and AU Optronics (Czech) s.r.o.
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is the worldwide top 3 manufacturer* of thin film transistor liquid crystal display panels (TFT-LCD). AUO is able to provide customers a full range of panel sizes and comprehensive applications, offering TFT-LCD panels in sizes ranging from 1.5 inches to greater than 65 inches. AUO generated NT$480.2 billion (US$14.8 billion) in sales revenue in 2007 and now houses a staff of more than 38,000 employees throughout its global operations spreading across Taiwan, Mainland China, Japan, Singapore, South Korea, the U.S., and Europe. Additionally, AUO is the first pure TFT-LCD manufacturer to successfully list at the New York Stock Exchange (NYSE). For more information, please visit AUO.com.
* DisplaySearch 3Q2008 WW Large-Area TFT-LCD Shipment Report dated October 29, 2008. 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.
