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AU Optronics Corp. Reports December 2011 Consolidated Revenue (2012.01.10)

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated December 2011 revenue of NT$27,716 million, down by 9.4% month-over-month and down by 9.4% year-over-year. AUO's consolidated revenues in the fourth quarter of 2011 was down by 9.5% quarter-over-quarter to NT$89,505 million and decreased by 12.8% year-over-year.

For the year ended December 31, 2011, unaudited consolidated revenue totaled NT$379,712 million, resulting in an 18.7% year-over-year decrease.

For December 2011, large-sized panel (a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were over 8.6 million units, a decrease of 5.9% from the previous month. As for small-and-medium-sized panels, the shipments were around 15.42 million units, up by 6% month-over-month.

Preliminary shipments of large-sized panels for the fourth quarter of 2011 exceeded 26.78 million units, down 9.8% from last quarter, a Y-o-Y decrease of 4.4%. Shipments for small- and medium-sized panels reached around 46.46 million units, down by 10.7% from the third quarter, and a Y-o-Y decrease of 12.1 %. 

In terms of the 2011 full-year unit shipments, large-sized panels reached 114.5 million units, up 1% from 2010. Meanwhile, small and medium-sized panels totaled around 187.46 million units, down by 15% from last 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) Unconsolidated
Dec. 2011 27,716 26,234
Nov. 2011 30,579 28,753
M-o-M Growth (9.4%) (8.8%)
Dec. 2010 30,604 28,156
Y-o-Y Growth (9.4%) (6.8%)
Jan to Dec. 2011 379,712 359,528
Jan to Dec. 2010 467,158 442,996
Y-o-Y Growth (18.7%) (18.8%)

(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, BriView Electronics Corp. and its affiliates, Toppan CFI (Taiwan) Co, Ltd., Darshin Microelectronics Inc., and AUO Crystal Corp. and its affiliates.