HSINCHU, Taiwan, Aug. 7 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced another record high for July 2007 revenue with preliminary consolidated revenue of NT$40,126 million and unconsolidated revenue of NT$40,099 million. Both broke the NT$40 billion mark for the first time and rose 3% and 3.1% respectively from the previous month. On a year-over-year comparison, consolidated and unconsolidated July 2007 revenues increased significantly by 99.5% and 99.4% correspondingly.
Shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications for July also set a new record of 6.85 million units, a slight 0.1% increase from June 2007. Shipments of small-and-medium-sized panels presented a 2.5 % sequential decline to 11.95 million units, due to product mix adjustment shift to medium-sized(b) panels.
(a) Large-size refers to panels that are 10 inches and above in diagonal
measurement while small- and medium-size refers to those below 10
inches
(b) Medium-size refers to those below 10 inches and above 5 inches
Sales Report: (Unit: NT$ million)
Net Sales(1) (2) Consolidated(3) Unconsolidated
July 2007 40,126 40,099
June 2007 38,955 38,881
M-o-M Growth 3% 3.1%
July 2006 20,110 20,109
Y-o-Y Growth 99.5% 99.4%
Jan to Jul 2007 226,855 226,722
Jan to Jul 2006 147,258 147,230
Y-o-Y Growth 54.1% 54.0%
(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 one of the top three largest manufacturers* of large-size thin film transistor liquid crystal display panels ("TFT-LCD"), with approximately 20.1%* 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 1Q2007 WW Large-Area TFT-LCD Shipment Report dated May 5,
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.
