Press release from PR Newswire
AU Optronics Corp. Reports September 2012 Consolidated Revenue
Tuesday, October 09, 2012
AU Optronics Corp. Reports September 2012 Consolidated Revenue05:36 EDT Tuesday, October 09, 2012HSINCHU, Taiwan, Oct. 9, 2012 /PRNewswire-FirstCall/ -- AU Optronics Corp.("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated Sep. 2012 revenue of NT$35,955 million, up by 2.4% month-over-month and 9.2% year-over-year. In the third quarter of 2012, AUO's unaudited consolidated revenues totaled NT$102,778 million, up by 8% quarter-over-quarter and up by 3.9% year-over-year.For Sep. 2012, large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were over 11.75 million units, an increase of 6% from the previous month. As for small-and-medium-sized panels, the shipments were around 14.64 million units, down by 7.5% month-over-month.In the third quarter of 2012, large-sized panel shipments totaled around 33.22 million units, up by 4.6% quarter-over-quarter and 11.9% year-over-year. Shipments of small-and-medium-sized panels in the same quarter exceeded 42.22 million units, up by 11.1% quarter-over-quarter and down by 18.9% year-over-year.(a) Large size refers to panels that are 10 inches and above in diagonal measurement while small and medium size refers to those below 10 inches. Sales Report :(Unit: NT$ million)Net Sales(1) (2)Consolidated(3)UnconsolidatedSep. 201235,95534,041Aug. 201235,10334,019M-o-M Growth2.4%0.1%Sep. 201132,91531,175Y-o-Y Growth9.2%9.2%Jan to Sep. 2012279,068267,827Jan to Sep. 2011290,207275,289Y-o-Y Growth(3.8%)(2.7%)(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 OPTRONICSAU 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 three consecutive years from 2010 to 2012. AUO generated NT$379.7 billion (US$ 12.54 billion) in sales revenue in 2011. For more information, please visit AUO.com.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 CorporationFor further information: Freda Lee at +886-3-5008800 ext 3206, +886-3-5772730 (fax) or firstname.lastname@example.org; Yawen Hsiao at +886-3-5008800 ext 3211, +886-3-5772730 (fax) or email@example.com both Corporate Communications Division of AU Optronics Corp.