Paul Korda . com - The Web Home of Paul Korda, singer, musician & song-writer.

International Entertainment News

Thursday, June 07, 2007

AU Optronics Corp. May 2007 Consolidated Revenues Set Record High at NT$35.5 Billion

AU Optronics Corp. May 2007 Consolidated Revenues Set Record High at NT$35.5 Billion

HSINCHU, Taiwan, June 7 /Xinhua-PRNewswire-FirstCall/ -- 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.  

Source: AU Optronics Corp.

CONTACT: Rose Lee, Corporate Communications Dept., AU Optronics Corp.,
+886-3-5008899 x3204, or fax, +886-3-5772730, or email, rose.lee@auo.com;
Yawen Hsiao, Corporate Communications Dept., AU Optronics Corp.,
+886-3-5008899 x3211, or fax, +886-3-5772730, or email, yawen.hsiao@auo.com

Web site: http://www.auo.com/


Profile: International Entertainment

0 Comments:

Post a Comment

<< Home