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AUO Corporation Reports September 2010 Consolidated Revenue

Published date:2010-10-05

Hsinchu, Taiwan,


AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated September 2010 revenue of NT$41,986 million, down by 3.6% month-over-month but up 2.5% year-over-year.

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Large-sized panel (a) shipments for September 2010, with applications on desktop monitor, notebook PC, LCD TV and other applications, totaled around 9.51 million units, down by 4% from the previous month. As for small-and-medium-sized panels, the shipments amounted to nearly 20.14 million units, up by 11% month-over-month.

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Due to customers' inventory adjustments and weaker-than-expected panel prices, AUO's consolidated revenues in the third quarter of 2010 fell 3.3% quarter-over-quarter to NT$124,403 million. Compared to the same quarter a year ago, this figure suggests a year-over-year increase of 11.8%.

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In the third quarter of 2010, large-sized panel shipments reached 28.67 million units, with a decrease of 3.2% from the last quarter but an increase of 7.4% year-over-year. Shipments of small-and-medium-sized panels in the same quarter reached around 55.59 million units, up by 0.3% quarter-over-quarter but down by 14.2% year-over-year.

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(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.

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Sales Report:

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(Unit:NT$ million)

Net Sales(1)(2)

Consolidated(3)

Unconsolidated

September 2010

41,986

39,946

August 2010

43,545

41,684

M-o-M Growth

(3.6%)

(4.2%)

September 2009

40,978

39,446

Y-o-Y Growth

2.5%

1.3%

Jan. to Sep. 2010

364,553

347,096

Jan. to Sep. 2009

244,470

240,115

Y-o-Y Growth

49.1%

44.6%

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(1):All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2):Monthly figures are unaudited, prepared by AUO Corporation.
(3):Consolidated numbers include AUO Corporation., 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.

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