HSINCHU, Nov. 6 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated and unconsolidated October 2008 revenue of NT$27,261 million and NT$27,211 million, respectively. Caused by the current weak macro environments, AUO's consolidated and unconsolidated October revenue decreased by 20.6% and 20.7% month-over-month, respectively. Compared to one year ago, the consolidated and consolidated monthly revenues both decreased by 48.7% year-over-year.
For October 2008, shipments of large-sized panels(a) with applications on desktop monitor, notebook PC, LCD TV and other applications totaled 6.36 million units, which led to a 9.3% decline month-over-month. In addition, demand for small-and-medium-sized panels remained robust, with shipments coming flattish sequentially and reached 22.69 million units.
(a) Large size refers to panels that are 10 inches and above in diagonal
measurement while small and medium size refers to those below 10
inches
Sales Report: (Unit: NT$ million)
Net Sales(1)(2) Consolidated(3) Unconsolidated
Oct-08 27,261 27,211
Sep-08 34,322 34,296
M-o-M Growth (20.60%) (20.70%)
Oct-07 53,121 53,062
Y-o-Y Growth (48.70%) (48.70%)
Jan to Oct 2008 391,439 389,650
Jan to Oct 2007 377,810 377,534
Y-o-Y Growth 3.60% 3.20%
(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., 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 the staff of more than 42,000 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.
