omniture

AU Optronics Corp. Reports March 2009 Consolidated Revenue

2009-04-07 16:41 859

HSINCHU, April 7 /PRNewswire-Asia/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated and unconsolidated March 2009 revenue of NT$22,107 million and NT$21,937 million, up 43.7% and 43.2% respectively from February 2009. In terms of Y-o-Y comparison, they were down by 53.0% and 53.1% respectively.

In the first quarter of 2009, AUO’s unaudited consolidated and unconsolidated revenues totaled NT$50,733 million and NT$50,459 million. It represented a 15.1% and 15.2% Q-o-Q decrease, and a 62.9% and 63.0% Y-o-Y decrease.

Large-sized panel(a) shipments for March 2009, with applications on desktop monitor, notebook PC, LCD TV and other applications, exceeded 5.93 million units, a substantial 48.8% M-o-M increase. As to small- and medium-sized panels, the shipments reached over 19.29 million units, also a significant 37.8% sequential increase.

In the first quarter of 2009, large-sized panel shipments reached 13.15 million units, a 12.8% Q-o-Q and a 40.3% Y-o-Y decrease. Shipments of small- and medium-sized panels in the same quarter totaled 42.93 million units, down by 9.4% from last quarter, but a 13.9% Y-o-Y increase.

(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

March 2009 22,107 21,937

February 2009 15,381 15,323

M-o-M Growth 43.7% 43.2%

March 2008 47,059 46,761

Y-o-Y Growth (53.0%) (53.1%)

Jan to March 2009 50,733 50,459

Jan to March 2008 136,630 136,239

Y-o-Y Growth (62.9%) (63.0%)

(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., Toppan CFI (Taiwan) Co, Ltd., AU

Optronics (Czech) s.r.o. and Lextar Electronics Corp.

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$423.9 billion (US$12.9 billion) in sales revenue in 2008 and now houses a staff of more than 38,000 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 2008 WW Large-area TFT-LCD Shipments as shown in press release dated February 3, 2009. This data is used as reference only and AUO does not make any endorsement or representation in connection therewith. 2008 year end revenue converted by an exchange rate of NTD32.76:USD1.

Source: AU Optronics Corp.
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