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AU Optronics Corp. August 2007 Consolidated Revenues Set Record High at NT$44.1 Billion

2007-09-06 16:18 2904


HSINCHU, Sept. 6 /Xinhua-PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced another record high for August 2007 revenue with preliminary consolidated revenue of NT$44,105 million and unconsolidated revenue of NT$44,079 million; both rose 9.9% from the previous month. On a year-over-year comparison, consolidated and unconsolidated August 2007 revenues increased significantly by 89.2% and 89.1% correspondingly.

Shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications for August also set a new record of 7.23 million units, a 5.7% increase from July 2007. Shipments of small-and-medium-sized panels broke the record as well and presented a 22.1% increase from the previous month, to 14.59 million units.

(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

August 2007 44,105 44,079

July 2007 40,126 40,099

M-o-M Growth 9.9 % 9.9 %

August 2006 23,308 23,306

Y-o-Y Growth 89.2 % 89.1 %

Jan to Aug 2007 270,960 270,801

Jan to Aug 2006 170,566 170,535

Y-o-Y Growth 58.9 % 58.8 %

(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, AU Optronics

(Shanghai) Corporation, Tech - Well (Shanghai) Display Co., AU

Optronics (Xiamen) Corp., Darwin Precisions (L) Corp. and Toppan CFI

(Taiwan) Co, Ltd.

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 20.2%* of global market share with revenues of NT$293.1billion (US$9.0bn)* in 2006. 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 2Q2007 WW Large-Area TFT-LCD Shipment Report dated Aug 7,

2007. This data is used as reference only and AUO does not make any

endorsement or representation in connection therewith. 2006 year end

revenue converted by an exchange rate of NTD32.59:USD1.

Source: AU Optronics Corp
Related Stocks:
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