HSINCHU, Taiwan, Oct. 17, 2011 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) announced today that it will participate in Solar Power International 2011 (SPI 2011) from October 18 to 20 in Dallas, Texas, USA. In this North America's largest and most comprehensive solar power trade show, AUO will showcase AC Unison, its flagship product for the North American residential market, and the soon-to-be-released EcoDuo PM290P00, which is specially designed for large-scale utility applications.
"Since the inception of the solar business in 2008, AUO has been working proactively to expand the solar value chain, challenging ourselves and our peers continuously for ever-higher efficiency and a more extensive range of products," said James Chen, Vice President of AUO Solar Business Group. "Addressing the needs of our clients is always paramount. We are pleased to announce that one-stop shopping has been made possible with the AC Unison system, AUO's first complete solar solution. Solar installers in the U.S. can now buy the AC Unison System from their Distributors and enjoy its integrated simplicity, cost effectiveness, quality, and performance, all in one package."
AUO's AC Unison system features the widely acclaimed AC Unison module with an integrated micro-inverter. The module is cost-saving, as it simplifies the installation process by having the micro-inverter pre-assembled. Higher safety is also achieved, thanks to AC Unison's parallel wiring that avoids the otherwise high DC voltage. AC Unison is available with a user-friendly monitoring system. The monitoring system includes the AUO Data Logger, which reports real-time power performance on a module level. Installers can easily identify specific modules requiring maintenance or adjustment, thus achieving optimal power output. In addition, the system is perfected by AUO Solar Web Portal, which allows for instant access to current and historical power output information in statistical or graphical formats. This complete solar solution simplifies the delivery and installation of solar power systems and provides industry-leading performance for end users. Also noteworthy is that GreenTriplex PM250M00, a series of modules employed on AC Unison, now has a power output of up to 270Wp with 16.5% module efficiency.
AUO will also demonstrate EcoDuo PM290P00, a new PV module to be released in 2012 with a power output of up to 290W. This high power output module can be mounted in portrait or landscape orientation and is especially suitable for large-scale utility applications.
AUO is currently in partnership with leading U.S. industry players such as SolarBridge and SunWize. With a robust manufacturing and sales network in place, AUO will work to further expand its presence in the North American market by delivering high efficiency and reliable total solar solutions for all its customers.
Visitors are invited to visit AUO at Booth 4500 in Hall D of Solar Power International 2011 to learn more about the value-added green products that AUO has to offer.
AUO photos can be downloaded at the Company's website: http://auo.com/?sn=479&lang=en-US
Any use of photographs must cite the source thereof is from AU Optronics Corporation
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 71 inches. AUO generated NT$467.2 billion in sales revenue in 2010 (US$16 billion) 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. The Display and Solar businesses were established respectively as the Company's two core businesses in October, 2010. For more information, please visit AUO.com.
* 2010 year end revenue converted at an exchange rate of NTD29.14:USD1.
Safe Harbour 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 3rd, 2011.
