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AU Optronics Corp. FY2003 Net Sales Totaled NT$104.8 Billion (2004.01.07)
Hsinchu, Taiwan

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$11,856 million for the month of December 2003, the eighth consecutive month of record sales, while unaudited unconsolidated net sales amounted NT$11,164 million. For the fiscal year 2003, unaudited consolidated and unconsolidated net sales totaled NT$104.8 billion and NT$97.6 billion, respectively.

December shipments of large-size TFT-LCD panels, inclusive of desktop monitors, notebook, LCD TV, and other applications increased 3.4% M-o-M to 1.2 million. Unit shipment for small-medium size panels in December declined 18.9% sequentially to 1.7 million, reflecting the traditional off-season effect.

For fiscal year 2003, unaudited consolidated net sales revenues rise 38.5% from 2002 to NT$104.8 billion, unit shipment for large-size and small-medium size panels totaled 11.85 million and 21.43 million, representing significant growth of 42.4% and 135.7% from 2002, respectively.

Sales Report: (Unit: NT$ million)

 

Net Sales(1) (2) Consolidated(3) Unconsolidated
December 2003 11,856 11,164
November 2003 11,369 10,561
M-o-M Growth 4.3% 5.7%
December 2002 5,244 5,129
Y-o-Y Growth 126.1% 117.7%
January to December 2003(4) 104,821 97,610
January to December 2002(4) 75,689 75,507
Y-o-Y Growth 38.5% 29.3%

(1): All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2): Year 2003 figures and all consolidated numbers have not been audited, prepared by AU Optronics Corp.
(3): Including AU Optronics Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").
(4) Numbers adjusted to reflect fluctuation in foreign exchange rates.