2007'10.12.Fri
AU Optronics Corp. September 2007 Consolidated Revenues Set Record High at NT$53.7 Billion
October 05, 2007
HSINCHU, Taiwan, Oct. 5 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced another record high for September 2007 revenue with preliminary consolidated revenue of NT$53,729 million and unconsolidated revenue of NT$53,672 million; both rose 21.8% sequentially from the previous month and represented record-breaking revenue in five successive months. It has been only 2 months since AUO's revenue broke the NT$40 billion milestone in July 2007. On a year-over-year comparison, consolidated and unconsolidated September 2007 revenues increased significantly by 92.6% and 92.4% correspondingly. 3Q2007 unaudited consolidated and unconsolidated revenues totaled NT$137.96 billion and NT$137.85 billion respectively, both representing a 30.1% growth from 2Q2007, and a significant Y-o-Y growth of 93.5% and 93.3% respectively. Shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications for September also set a new record of 8.18 million units, a 13% increase from August 2007 and also a new record-high shipment for seven consecutive months. Shipments of small-and-medium-sized panels presented a 3% decline from the previous month, to 14.16 million units. Preliminary shipments of large-sized panels for the third quarter was 22.26 million units, a 14.3% rise from 2Q2007 and a 76.3% Y-o-Y growth, while shipments for small- and medium-sized panels also increased to total 40.70 million units, a 26.3% increase from 2Q2007 and a 95.7% Y-o-Y growth. (a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small- and medium-size refers to those below 10 inches Sales Report: (Unit: NT$ million) Net Sales(1) (2) Consolidated(3) Unconsolidated September 2007 53,729 53,672 August 2007 44,105 44,079 M-o-M Growth 21.8% 21.8% September 2006 27,895 27,891 Y-o-Y Growth 92.6% 92.4% Jan to Sep 2007 324,689 324,472 Jan to Sep 2006 198,461 198,427 Y-o-Y Growth 63.6% 63.5% (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 the Corporate Communications Dept AU Optronics Corp Tel: +886-3-5008899 x3204 Fax: +886-3-5772730 Email: rose.lee@auo.com Yawen Hsiao the Corporate Communications Dept. AU Optronics Corp. Tel: +886-3-5008899 x3211 Fax: +886-3-5772730 Email: yawen.hsiao@auo.com
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