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AUO Corporation Reports December 2018 Consolidated Revenue

Published date:2019-01-09

AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its unaudited consolidated revenue of NT$24.86 billion for December 2018(1), down by 3.5% month-over-month and 3.8% year-over-year. In the fourth quarter of 2018, unaudited consolidated revenues were NT$77.09 billion, down by 4.9% quarter-over-quarter and 4.4% year-over-year.

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For the year ended December 31, 2018, unaudited consolidated revenues totaled NT$307.63 billion, down by 9.8% year-over-year.

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Shipments of large-sized panels(2) for LCD TV, desktop monitor, notebook PC, and other applications exceeded 9.51 million units in December 2018, up by 0.5% month-over-month. As for small-and-medium-sized panels, the shipments were around 9.48 million units, down by 15.5% month-over-month.

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In the fourth quarter of 2018, large-sized panel shipments exceeded 28.45 million units, down by 4.5% quarter-over-quarter and slightly down by 0.7% year-over-year. Shipments of small-and-medium-sized panels in the same quarter reached around 32.15 million units, down by 24.5% quarter-over-quarter and 31.6% year-over-year.

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For the full year of 2018, large-sized panel shipments exceeded 114.79 million units, an increase of 2.7% from the previous year. Small and medium-sized panel shipments totaled 166.60 million units, down by 1.3% year-over-year.

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AUO December Revenue Report:

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(Unit:NT$ million)

Period

Consolidated Revenue

December 2018

24,857

November 2018

25,747

MoM Change

(3.5%)

December 2017

25,843

YoY Change

(3.8%)

Jan. to Dec. 2018

307,634

Jan. to Dec. 2017

341,028

YoY Change (9.8%)

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(1) All financial information was unaudited and was prepared by the Company in accordance with Taiwan IFRS.

(2) Large size refers to panels that are 10 inches and above.

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