HSINCHU, July 7 /PRNewswire-Asia/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated June 2010 revenue of NT$43,625 million, comparable to that of May, slightly down by 0.4% but up by 43.5% year-over-year.
In the second quarter of 2010, AUO’s unaudited consolidated revenues totaled NT$128,571 million, up by 15.2% quarter-over-quarter and with an impressive growth of 55.9% year-over-year.
Large-sized panel (a) shipments for June 2010, with applications on desktop monitor, notebook PC, LCD TV and other applications reached approximately 9.74 million units, down by 4.8% from the previous month. As for small-and-medium-sized panels, the shipments amounted to 15.79 million units, down by 14.8% month-over-month.
In the second quarter of 2010, large-sized panel shipments totaled around 29.62 million units, with a growth of 8.8% from last quarter and a YoY increase of 32.2%. Shipments of small-and-medium-sized panels in the same quarter exceeded 55.43 million units, down by 2.7% quarter-over-quarter and 8.9% year-over-year.
(a) Large size refers to panels that are 10 inches and above in diagonal
measurement while small and medium size refers to those below 10
inches.
Sales Report :(Unit: NT$ million)
Net Sales(1) (2) Consolidated(3) Unconsolidated
June 2010 43,625 41,438
May 2010 43,792 41,474
M-o-M Growth (0.4%) (0.1%)
June 2009 30,399 29,952
Y-o-Y Growth 43.5% 38.3%
Jan to June 2010 240,135 228,166
Jan to June 2009 133,227 131,915
Y-o-Y Growth 80.2% 73.0%
(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)
Corp. and its affiliates, Darwin Precision Corp. and its affiliates,
BriView Electronics Corp., Toppan CFI (Taiwan) Co, Ltd., Lextar
Electronics Corp. and its affiliates, and AUO Energy Taiwan Corp.
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 65 inches. AUO generated NT$359.3 billion (US$11.2 billion) in sales revenue* in 2009 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, and formally founded its Solar Photovoltaic Business Unit in October, 2009. For more information, please visit http://AUO.com .
* 2009 year end revenue converted at an exchange rate of NTD31.95: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 11th, 2010.
