AUO Devotes Itself to Technological Developments and Strengthens Quantity and Quality of Technical Papers
HSINCHU, May 20, 2013 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO)is participating in Display Week 2013, held by SID (Society for Information Display) in Vancouver Convention Centre, Canada from May 19th to 24th. AUO's R&D team announces 13 submitted papers at SID's Technical Symposium, including the paper debut of the world's largest 65-inch Full HD OLED TV panel. Dr. Michael Sun, AUO's V.P. of Mobile Solutions Business Unit, also speaks in SID Business Conference to elaborate on "Opportunities for Next Generation Mobile Technology & Applications" on the morning of May 20th.
"The Company is devoted to developing high value-added products with differentiation. With the endeavor of 3,200 RD engineers and the Company's patents resources accumulated over the years, AUO has been included in Ocean Tomo 300® Index three times, confirming AUO's leading position in technology innovation," said Mr. Paul Peng, President of AU Optronics. "There is no limit to technology innovation. Making technology transition to meet customer needs is the right thing to do. AUO will proactively invest in RD resources and hopefully serve a critical role in the display technologies development through SID's Display Week events."
AUO has been dedicated to display technology research and development for a long time. As of April 2013, AUO has obtained over 10,800 patents. Its RD team publishes papers each year at SID Display Week and also strengthens the quantity and quality of these technical papers. This year, 13 technical papers will be published with special areas covered, such as OLED, 3D, Flexible, and Transparent LCD. Hopefully, it will facilitate exchange of ideas and advancements of technologies to inspire more innovation, and further panel technology development.
Among the papers, one of the most eye-catching topics is the world's largest 65-inch Full HD OLED panel technology by AUO, which was announced in the SID technology symposium. The 65" FHD AMOLED TV panel is adopted advanced metal oxide TFT backplane and the worldwide largest Generation 6 full-size Fine Metal Mask (FMM) OLED evaporation technology. The Company achieves an excellent uniformity of metal oxide TFT and panel without the color mixing by FMM technology. The panel is also embedded with the self-invention pixel compensation driving technology, which further improves the TFT and OLED performances. The OLED panel not only features low power consumption and high picture quality, but is also equipped with high contrast, high brightness, fast response time, and free viewing angle, providing the best visual experiences to viewers.
In addition to technical papers, Dr. Michael Sun, AUO's V.P. of Mobile Solutions Business Unit, will give a speech in SID Business Conference toexpound upon the trend of new technologies and applications of mobile display with the topic of "Opportunities for Next Generation Mobile Technology & Applications" on the morning of May 20th.
* Based on the available market research information as of May 20, 2013.
ABOUT SID
The Society for Information Display (SID) is an internationally noted industry organization for displays. The members of SID are professionals in all of the technical and business disciplines that relate to display research, design, manufacturing, applications, marketing, and sales. SID's founding meeting was called by Dr. Luxenberg on September 29, 1962, at UCLA in Boelter Hall. There were 39 attendees at that time, many representing major high-tech firms. SID's largest international gathering is the annual SID Symposium, Seminar, and Exposition, which attracts thousands of attendees, speakers, and exhibitors from around the world.
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.
