2007'07.10.Tue
AU Optronics Corp. June 2007 Consolidated Revenues Set Record High at NT$38.9 Billion
July 10, 2007
HSINCHU, July 5 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated June 2007 revenue of NT$38,882 million and unconsolidated net sales of NT$38,881 million, both increasing 9.5% sequentially and representing record-breaking revenue in two successive months. On a year-over-year comparison, consolidated and unconsolidated June 2007 revenues increased significantly by 112.3% and 112.4% respectively. 2Q2007 unaudited consolidated and unconsolidated revenues broke the hundred-billion dollar milestone, totaled NT$105,935 million and NT$105,929 million respectively, increasing 31.2% and 31.3% respectively from 1Q2007, and both representing a significant 74% Y-o-Y growth. Shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications for June also set a new record of 6.84 million units, up 5.1% from the previous month. Shipments of small-and-medium-sized panels totaled 12.26 million, a 15.1% sequential growth. AUO shipments of large-sized as well as small-and-medium-sized have broke the record for four consecutive months. Preliminary shipments of large-sized panels for the second quarter was 19.48 million, a 22.2% rise from 1Q2007 and a 92.2% Y-o-Y growth, while shipments for small- and medium-sized panels also increased to total 32.23 million, a 45.6% increase from 1Q2007 and a 78.3% Y-o-Y growth. (a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small- and medium-size refers to those below 10 inches Sales Report: (Unit: NT$ million) Net Sales(1) (2) Consolidated(3) Unconsolidated June 2007 38,882 38,881 May 2007 35,503 35,499 M-o-M Growth 9.5 % 9.5 % June 2006 18,318 18,309 Y-o-Y Growth 112.3 % 112.4 % Jan to June 2007 186,655 186,623 Jan to June 2006 127,148 127,121 Y-o-Y Growth 46.8 % 46.8 % (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 and Tech - Well (Shanghai) Display Co. About Au Optronics AU Optronics Corp. ("AUO") is one of the top three largest manufacturers* of large-size thin film transistor liquid crystal display panels ("TFT-LCD"), with approximately 20.1%* of global market share with revenues of NT$293.1billion (US$9.0bn)* in 2006. TFT-LCD technology is currently the most widely used flat panel display technology. Targeted for 40"+ sized LCD TV panels, AUO's new generation (7.5-generation) fabrication facility production started mass production in the fourth quarter of 2006. The Company currently operates one 7.5-generation, two 6th-generation, four 5th-generation, one 4th-generation, and four 3.5-generation TFT- LCD fabs, in addition to eight module assembly facilities and the AUO Technology Center specializes in new technology platform and new product development. AUO is one of few top-tier TFT-LCD manufacturers capable of offering a wide range of small- to large- size (1.5"-65") TFT-LCD panels, which enables it to offer a broad and diversified product portfolio. * DisplaySearch 1Q2007 WW Large-Area TFT-LCD Shipment Report dated May 5, 2007. This data is used as reference only and AUO does not make any endorsement or representation in connection therewith. 2006 year end revenue converted by an exchange rate of NTD32.59:USD1. For more information, please contact: AU Optronics Corp. Corporate Communications Dept. Rose Lee Tel: +886-3-500-8899 x3204 Fax: +886-3-577-2730 Email: rose.lee@auo.com Yawen Hsiao Tel: +886-3-500-8899 x3211 Fax: +886-3-577-2730 Email: yawen.hsiao@auo.com
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