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Press release from PR Newswire

AU Optronics Corp. Reports October 2010 Consolidated Revenue

Monday, November 08, 2010

AU Optronics Corp. Reports October 2010 Consolidated Revenue03:18 EST Monday, November 08, 2010HSINCHU, Taiwan, Nov. 8, 2010 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated October 2010 revenue of NT$35,131 million, down by 16.3% month-over-month and 11.3% year-over-year.Large-sized panel(a) shipments for October 2010, with applications on desktop monitor, notebook PC, LCD TV and other applications, reached almost 9.15 million units, down by 3.8% from the previous month. As for small-and-medium-sized panels, the shipments amounted to nearly 17.76 million units, down by 11.7% month-over-month.(a) Large size refers to panels that are 10 inches and above in diagonal measurement while small and medium size refers to those below 10 inches. Sales Report :(Unit: NT$ million)Net Sales(1)(2)Consolidated(3)UnconsolidatedOctober 201035,13133,430September 201041,98639,946M-o-M Growth(16.3%)(16.3%)October 200939,60338,075Y-o-Y Growth(11.3%)(12.2%)Jan. to Oct. 2010399,684380,526Jan. to Oct. 2009284,073278,190Y-o-Y Growth40.7%36.8%(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) Corp. and its affiliates, Darwin Precision Corp. and its affiliates, BriView Electronics Corp., Toppan CFI (Taiwan) Co, Ltd., and AUO Energy Taiwan Corp.   Revenue of Lextar Electronics Corp. and its affiliates is no longer included in the consolidated numbers starting from this July.ABOUT AU OPTRONICSAU Optronics Corp. (AUO) is a global leader of thin film transistor liquid crystal display panels (TFT-LCD). AUO is able to provide customers with a full range of panel sizes and comprehensive applications, offering TFT-LCD panels in sizes ranging from 1.2 inches to greater than 65 inches. AUO generated NT$359.3 billion (US$11.2 billion) in sales revenue* in 2009 with global operations in Taiwan, Mainland China, Japan, Singapore, South Korea, the U.S., and Europe. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO extended its market to the green energy industry in late 2008. The Display and Solar businesses were established respectively as the Company's two core businesses in October, 2010. For more information, please visit AUO.com.* 2009 year end revenue converted at an exchange rate of NTD31.95: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 May 11th, 2010.SOURCE AU Optronics CorporationFor further information: Freda Lee, Corporate Communications Division, AU Optronics Corp. at +886-3-5008800 x3206, +886-3-5772730(fax) or freda.lee@auo.com; Yawen Hsiao, Corporate Communications Division, AU Optronics Corp. at +886-3-5008800 x3211, +886-3-5772730(fax) or yawen.hsiao@auo.com