omniture

AU Optronics Corp. Reports March 2013 Consolidated Revenue

2013-04-08 15:29 4449

HSINCHU, April 8, 2013 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its consolidated March 2013 revenue of NT$37,917 million, up by 36.7% month-over-month and 20.6% year-over-year. The Company's March revenue increased by over NT$10 billion compared to the previous month, which recorded the highest monthly sales over the past 30 months. For the first quarter of 2013, AUO's unaudited consolidated revenues totaled NT$94,244 million, down by 5.2% quarter-over-quarter but up by 16.2% year-over-year.

For March 2013, Large-sized panel (a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were around 10.59 million units, an increase of 34.4% from the previous month. As for small-and-medium-sized panels, the shipments nearly reached 12.39 million units, up by 33.5% month-over-month.

In the first quarter of 2013, large-sized panel shipments were about 26.96 million units, a decrease of 13% from last quarter and a decrease of 1.1% over last year. On the other hand, shipments of small-and-medium-sized panels for the same quarter totaled 30.68 million units, down by 18.5% quarter-over-quarter and 16.3% 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) 
March 2013 37,917 
February 2013 27,733 
M-o-M Growth 36.7% 
March 2012 31,441 
Y-o-Y Growth 20.6% 
Jan to Mar. 2013 94,244 
Jan to Mar. 2012 81,102 
Y-o-Y Growth 16.2% 

(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, BriView Electronics Corp. and its affiliates, Toppan CFI (Taiwan) Co, Ltd., Darshin Microelectronics Inc., and AUO Crystal Corp. and its affiliates.

About AU Optronics

AU Optronics Corp. (AUO) is one of the world's leading providers of optoelectronic solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.5 inches to 65 inches. Based on its profound R&D and manufacturing experience, AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry in 2008. By building a vertically integrated high-efficiency solar value chain, AUO provides its customers with high-efficiency solar solutions. AUO currently has global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO has also been named to Dow Jones Sustainability World Index for three consecutive years from 2010 to 2012. AUO generated NT$378.5 billion (US$ 13.03 billion) in sales revenue in 2012. For more information, please visit AUO.com.

* 2012 year end revenue converted at an exchange rate of NTD29.05 : USD 1.

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 March 15th, 2013.

Source: AU Optronics Corp.
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