HSINCHU, March 6 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced February 2008 revenue with preliminary consolidated revenue of NT$42,474 million and unconsolidated revenue of NT$42,426 million; both representing a sequential decrease of 9.8%. On a year-over-year comparison, consolidated and unconsolidated February 2008 revenues increased by 87.2% and 87.1% respectively.
Despite Chinese New Year holidays and less working days in February, shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications for February 2008 totaled 6.77 million units with a mild sequential decrease of 6.6%. However, shipments of small-and-medium-sized panels posted a 2.6% M-o-M increase to 12.18 million units.
(a) Large-size refers to panels that are 10 inches and above in diagonal
measurement while small- and medium-size refers to those below 10
inches
Sales Report: (Unit: NT$ million)
Net Sales(1)(2) Consolidated(3) Unconsolidated
February 2008 42,474 42,426
January 2008 47,097 47,052
M-o-M Growth (9.8%) (9.8%)
February 2007 22,690 22,674
Y-o-Y Growth 87.2% 87.1%
Jan to Feb 2008 89,571 89,478
Jan to Feb 2007 51,148 51,128
Y-o-Y Growth 75.1% 75.0%
(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 the world largest manufacturer* of
large-size thin film transistor liquid crystal display panels ("TFT-LCD"), with approximately 20.3%* of global market share with revenues of NT$480.2 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 4Q2007 WW Large-Area TFT-LCD Shipment Report dated
Jan 23, 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.
