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AU Optronics Corp. Reports March 2014 Consolidated Revenue (2014.04.08)

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its unaudited consolidated revenue of NT$34,017 million for March 2014, up by 20.7% month-over-month and down by 10.3% year-over-year. Consolidated revenues in the first quarter of 2014 were NT$93,802 million, down by 8.7% from the previous quarter and roughly flat year-over-year.

Shipments of large-sized panels(a) for LCD TV, desktop monitor, notebook PC, and other applications exceeded 10.21 million units in March 2014, an increase of 11.1% from the previous month. As for small-and-medium-sized panels, the shipments were around 12.64 million units, up by 44.8% month-over-month.

In the first quarter of 2014, large-sized panel shipments totaled 29.18 million units, down by 3.3% quarter-over-quarter and up by 8.3% year-over-year.  Shipments of small-and-medium-sized panels in the same quarter were over 33.46 million units, representing an 18.7% decline from the fourth quarter of 2013 and a 9.1% growth 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)
March 2014 34,017
February 2014 28,181
MoM Change 20.7%
March 2013 37,917
YoY Change (10.3%)
Jan to Mar 2014 93,802
Jan to Mar 2013 94,244
YoY Change (0.5%)

(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.