2007'12.04.Tue
AU Optronics Corp. October 2007 Consolidated Revenues Totaled NT$53.1 Billion
November 06, 2007
HSINCHU, Nov. 6 /Xinhua-PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced October 2007 revenue with preliminary consolidated revenue of NT$53,121 million and unconsolidated revenue of NT$53,062 million; both slightly dropped 1.1% sequentially from the previous month. On a year-over-year comparison, consolidated and unconsolidated September 2007 revenues still increased significantly by 59.7% and 59.5% respectively. In supporting the upcoming seasonal demand, AUO's current loading rate remains to be full. In the meanwhile, AUO shifted most of the shipments to be transited by air from September resulted in the decrease of goods-in-transit and lower inventory turnover days. With a much higher base generated in September, the shipment of large-sized panels(a) for October experienced a slight 3.4% sequential decline and amounted to 7.9 million. Shipments of small-and-medium-sized panels set a new record of 15.5 million units, presented a 9.4% sequential increase. (a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small- and medium-size refers to those below 10 inches Sales Report: (Unit: NT$ million) Net Sales(1) (2) Consolidated(3) Unconsolidated October 2007 53,121 53,062 September 2007 53,729 53,672 M-o-M Growth (1.1%) (1.1%) October 2006 33,270 33,273 Y-o-Y Growth 59.7% 59.5% Jan to Oct 2007 377,810 377,534 Jan to Oct 2006 231,731 231,700 Y-o-Y Growth 63.0% 62.9% (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. and Toppan CFI (Taiwan) Co, Ltd. 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 20.2%* 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 2Q2007 WW Large-Area TFT-LCD Shipment Report dated Aug 7, 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: Rose Lee Corporate Communications Dept AU Optronics Corp Tel: +886-3-5008899 x3204 Fax: +886-3-5772730 Email: rose.lee@auo.com Yawen Hsiao Corporate Communications Dept. AU Optronics Corp. Tel: +886-3-5008899 x3211 Fax: +886-3-5772730 Email: yawen.hsiao@auo.com
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