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AU Optronics Corp. Reports June 2009 Consolidated Revenue

Post Time:Jul 08,2009Classify:Industry NewsView:298

HSINCHU, Taiwan, July 7 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated and unconsolidated June 2009 revenue of NT$30,396 million and NT$29,952 million, up 9.6% and 9.2% respectively from May 2009. In terms of Y-o-Y comparison, they were down by 17.3% and 17.7% respectively.

In the second quarter of 2009, AUO's unaudited consolidated and unconsolidated revenues totaled NT$82,483 million and NT$81,446 million. It represented a significant 62.6% and 61.4% Q-o-Q increase, but a 33.2% and 33.4% decline from the year-ago quarter.

Constrained by limited glass supply, large-sized panel(a) shipments for June 2009, with applications on desktop monitor, notebook PC, LCD TV and other applications, were close to 7.78 million units, which was equivalent to May. As to small- and medium-sized panels, the shipments reached over 19.12 million units, slightly down 0.9% sequentially.

In the second quarter of 2009, large-sized panel shipments were close to 22.41 million units, a 70.4% Q-o-Q and a 2.6 %Y-o-Y increase. Shipments of small- and medium-sized panels in the same quarter totaled 60.82 million units, up 41.7% from last quarter, also a 45.2% 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


    Sales Report: (Unit: NT$ million)

    Net Sales(1)(2)         Consolidated(3)        Unconsolidated

    June 2009                   30,396                 29,952
    May 2009                    27,728                 27,421
    M-o-M Growth                  9.6%                   9.2%
    June 2008                   36,736                 36,388
    Y-o-Y Growth                (17.3%)                (17.7%)
    Jan to June 2009           133,224                131,915
    Jan to June 2008           260,106                258,612
    Y-o-Y Growth                (48.8%)                (49.0%)

    (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., Lextar Electronics Corp., Darwin Precision
        Corp., BriView Technology Corp., BriView Electronics Corp. and AUO
        Energy Taiwan Corp.


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 1.2 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 40,000 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 4Q2008 WW Large-Area TFT-LCD Shipment Report dated
     February 25, 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: http://news.prnewswire.comAuthor: shangyi

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