AU Optronics Corp. Reports September 2013 Consolidated Revenue
HSINCHU, Oct. 9, 2013 /PRNewswire/ — AU Optronics Corp.(“AUO” or the “Company”) (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated September 2013 revenue of NT$36,897 million, slightly down by 0.7% month-over-month and up by 2.6% year-over-year. In the third quarter of 2013, AUO’s unaudited consolidated revenues totaled NT$107,081 million, down by 4.7% quarter-over-quarter but up by 4.2% year-over-year.
For September 2013, shipments of large-sized panels((a)) used in LCD TV, desktop monitor, notebook PC, and other applications, exceeded 10.05 million units, down by 4.0% from the previous month. As for small-and-medium-sized panels, the shipments were around 14.93 million units, down by 5.1% month-over-month.
In the third quarter of 2013, large-sized panel shipments totaled around 29.33 million units, down by 3.9% quarter-over-quarter and 11.7% year-over-year. Shipments of small-and-medium-sized panels in the same quarter reached around 44.08 million units, up by 20.5% quarter-over-quarter and 4.4% year-over-year.
(a) Large size refers to panels that are 10 inches and above in diagonal measurement while small and medium size refers to those below 10 inches.
Sales Report: (Unit: NT$ million)
Net Sales(1) (2) Consolidated(3) September 2013 36,897 August 2013 37,155 M-o-M Growth (0.7%) September 2012 35,958 Y-o-Y Growth 2.6% Jan to Sep 2013 313,660 Jan to Sep 2012 279,071 Y-o-Y Growth 12.4%
(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 optoelectronic solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.5 inches to 65 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 four consecutive years from 2010 to 2013. AUO generated NT$378.5 billion (US$ 13.03 billion) in sales revenue in 2012. For more information, please visit AUO.com.
* 2012 year end revenue converted at an exchange rate of NTD29.05 : USD 1.
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 March 15th, 2013.
SOURCE AU Optronics Corp.