2007'04.09.Mon
AU Optronics Corp. March 2007 Consolidated Revenues Totaled NT$29.6 Billion
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April 09, 2007
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HSINCHU, April 9 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated March 2007 monthly revenues of NT$29,572 million and unconsolidated net sales totaled NT$29, 566 million, increasing 30.3% and 30.4% sequentially. On a year-over-year comparison, both consolidated and unconsolidated March 2007 revenues increased by 31.7%. 1Q2007 unaudited consolidated and unconsolidated revenues totaled NT$80,720 million and NT$80,694 million respectively, both representing 21.8% YOY growth. Shipments of large-sized panels (a) used in desktop monitors, notebook PCs, LCD TVs and other applications for March recorded 5.89 million units, a 29.6% increase from February 2007. Shipments of small- and medium-sized panels hit a historical high since October 2006 to total 9.20 million, presenting a significant 52.8% month-over-month growth. Preliminary shipments of large-sized panels for the first quarter was 15.94 million, a 70.0% rise from 1Q2006, while shipments for small- and medium-sized panels also increased to total 22.13 million, a 39.9% YOY growth. (a) "Large-size" refers to panels that are 10 inches and above in diagonal measurement, while "small- and medium-size" refers to those below 10 inches. Sales Report: (Unit: NT$ million) Net Sales (1) (2) Consolidated(3) Unconsolidated March 2007 29,572 29,566 February 2007 22,690 22,674 MOM Growth 30.3% 30.4% March 2006 22,455 22,447 YOY Growth 31.7% 31.7% Jan to Mar 2007 80,720 80,694 Jan to Mar 2006 66,252 66,241 YOY Growth 21.8% 21.8% (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 20.8%* 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"-46") TFT-LCD panels, which enables it to offer a broad and diversified product portfolio. * DisplaySearch 2006 WW Large-Area TFT-LCD Shipment Report dated March 1, 2007. (AUO market share = pre-merger AUO market share + QDI market share) 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: Yawen Hsiao the Corporate Communications Dept. AU Optronics Corp., No.1, Li-Hsin Road 2, Science-Based Industrial Park, Hsinchu City, 300, Taiwan, R.O.C., Tel: +886-3-5008899 ext 3211 Fax: +886-3-5772730 Email: yawenhsiao@auo.com
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