HSINCHU, Taiwan, April 8 /PRNewswire-Asia/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated March 2010 revenue of NT$40,666 million, up by 24.5% from February and 83.9% year-over-year.
In the first quarter of 2010, AUO's unaudited consolidated revenues totaled NT$111,556 million, down by a slight 2.9% quarter-over-quarter but an impressive growth of 119.9% year-over-year.
Large-sized panel (a) shipments for March 2010, with applications on desktop monitor, notebook PC, LCD TV and other applications, hit a record high, amounting to approximately 9.77 million units, an increase of 22.0% from the previous month. As for small-and-medium-sized panels, the shipments reached 21.39 million units, up by 32.9% month-over-month.
In the first quarter of 2010, large-sized panel shipments exceeded 27.22 million units, a slight decrease of 0.6% from last quarter but a significant YoY increase of 107.1%. Shipments of small-and-medium-sized panels in the same quarter totaled 56.99 million units, down by 5.2% quarter-over-quarter, but up by 32.7% year-over-year.
(a) Large size refers to panels that are 10 inches and above in diagonal
measurement while small and medium size refers to those below 10
inches.
Sales Report :(Unit: NT$ million)
Net Sales(1) (2) Consolidated(3) Unconsolidated
March 2010 40,666 38,801
February 2010 32,666 31,182
M-o-M Growth 24.5% 24.4%
March 2009 22,115 21,947
Y-o-Y Growth 83.9% 76.8%
Jan to March 2010 111,556 106,242
Jan to March 2009 50,741 50,469
Y-o-Y Growth 119.9% 110.5%
(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., AU Optronics (Suzhou) Corp., AU Optronics (Shanghai) Corp., AU
Optronics Manufacturing (Shanghai) Corp., AU Optronics (Xiamen) Corp.,
Darwin Precisions (L) Corp., Darwin Precisions (Suzhou) Corp., Darwin
Precisions (Xiamen) Corp., Darwin Precision Corp., BriView
Electronics(L) Corp., BriView Electronics Corp., BVCH Optronics
(Sichuan) Corp., BriView Technology Corp., AU Optronics (Czech) s.r.o.,
M. Setek Co., Ltd. and its affiliates, Toppan CFI (Taiwan) Co, Ltd.,
Lextar Electronics Corp., 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 AUO.com.
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of large-size 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 June 4th, 2008.
