2007'06.08.Fri
AU Optronics Corp. May 2007 Consolidated Revenues Set Record High at NT$35.5 Billion
June 07, 2007
HSINCHU, June 7 /Xinhua-PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced another record month for May 2007 based on sales and unit shipments. AUO's preliminary consolidated May 2007 revenue of NT$35,503 million and unconsolidated net sales of NT$35,499 million both broke the historical mark since last October and rose 12.5% sequentially. On a year-over-year comparison, consolidated and unconsolidated May 2007 revenues largely increased by 76.3% and 76.4% respectively. Shipments of large-sized panels(a) used in desktop monitors, notebook PCs, LCD TVs and other applications for May also set a new record of 6.51 million units, up 6.1% from the previous month. Shipments of small-and-medium-sized panels broke the ten-million unit milestone and hit a historical high to total 10.65 million, a 14.2% sequential growth. (a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small- and medium-size refers to those below 10 inches. Sales Report: (Unit: NT$ million) Net Sales(1) (2) Consolidated(3) Unconsolidated May 2007 35,503 35,499 April 2007 31,551 31,549 M-o-M Growth 12.5% 12.5% May 2006 20,134 20,127 Y-o-Y Growth 76.3% 76.4% Jan to May 2007 147,773 147,741 Jan to May 2006 108,830 108,812 Y-o-Y Growth 35.8% 35.8% (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: Rose Lee Corporate Communications Dept. AU Optronics Corp. Tel: +886-3-5008-899 x3204 Fax: +886-3-5772-730 Email: rose.lee@auo.com Yawen Hsiao Corporate Communications Dept. AU Optronics Corp. Tel: +886-3-5008-899 x3211 Fax: +886-3-5772-730 Email: yawen.hsiao@auo.com
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