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AU Optronics Corp. Reports December 2014 Consolidated Revenue (2015.01.08)

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its unaudited consolidated revenue of NT$33,680 million for December 2014, down by 3.1% month-over-month and up by 0.9% year-over-year. Consolidated revenues in the fourth quarter of 2014 were NT$105,449 million, down by 1.3% from the previous quarter and increased by 2.7% year-over-year. 

For the year ended December 31, 2014, unaudited consolidated revenues totaled NT$408,179 million, a decrease of 2.0% year-over-year.

Shipments of large-sized panels(1) for LCD TV, desktop monitor, notebook PC, and other applications were around 9.35 million units in December 2014, down by 3.8% from the previous month. As for small-and-medium-sized panels, the shipments decreased by 4.1% month-over-month to nearly 12.93 million units.

In the fourth quarter of 2014, large-sized panel shipments reached above 29.40 million units, slightly down by 0.3% quarter-over-quarter and decreased by 2.5% year-over-year.  Shipments of small-and-medium-sized panels in the same quarter exceeded 42.71 million units, down by 11.4% quarter-over-quarter and up by 3.7% year-over-year.

For the full year of 2014, large-sized panel shipments totaled around 116.92 million units, remaining flat from the previous year. Small and medium-sized panel shipments reached around 170.71 million units, up by 11.9% compared to the previous year.

Sales Report: (Unit: NT$ million)

Net Sales Consolidated(2)
December 2014 33,680
November 2014 34,773
MoM Change (3.1%)
December 2013 33,369
YoY Change 0.9%
Jan. to Dec. 2014 408,179
Jan. to Dec. 2013 416,363
YoY Change (2.0%)

(1) 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.
(2) Unaudited, prepared by AUO based on Taiwan IFRS.