AU Optronics Corp. Reports April 2012 Consolidated Revenue
HSINCHU, Taiwan, May 8, 2012 /PRNewswire-Asia-FirstCall/ — AU Optronics Corp.(“AUO” or the “Company”) (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated April 2012 revenue of NT$30,361 million, down by 3.4% month-over-month and decreased by 8.5% year-over-year.
For April 2012, Large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were approximately 10.03 million units, a decrease of 3.9% from the previous month. As for small-and-medium-sized panels, the shipments were around 10.92 million units, down by 17.4% month-over-month.
(a) Large size refers to panels that are 10 inches and above in diagonal measurement while small and medium size refers to those below 10 inches.
Sales Report: (Unit: NT$ million)
Net Sales(1)(2) Consolidated(3) Unconsolidated April 2012 30,361 29,169 March 2012 31,441 30,250 M- o- M Growth (3.4%) (3.6%) April 2011 33,174 31,080 Y- o- Y Growth (8.5%) (6.1%) Jan to April 2012 111,462 106,741 Jan to April 2011 126,404 119,370 Y- o- Y Growth (11.8%) (10.6%) (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) Corp. and its affiliates, BriView Electronics Corp. and its affiliates, Toppan CFI (Taiwan) Co, Ltd., Darshin Microelectronics Inc., and AUO Crystal Corp. and its affiliates.
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is one of the world’s leading providers of display and solar total solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.2 inches to 71 inches. Based on its profound R&D and manufacturing experience, AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry in 2008. By building a vertically integrated high-efficiency solar value chain, AUO provides its customers with high-efficiency solar solutions. AUO currently has global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO has also been named to Dow Jones Sustainability World Index for two consecutive years from 2010 to 2011. AUO generated NT$379.7 billion (US$ 12.54 billion) in sales revenue in 2011. For more information, please visit AUO.com.
* 2011 year end revenue converted at an exchange rate of NTD30.27:USD1.
Safe Harbour Notice
AU Optronics Corp. (“AUO” or the “Company”) (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release are “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements were based on our management’s expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled “Risk Factors” in our Form 20-F filed with the United States Securities and Exchange Commission on April 27th, 2012.
SOURCE AU Optronics Corporation