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AU Optronics Corp. Reports March 2016 Consolidated Revenue (2016.04.08)

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its unaudited consolidated revenue of NT$26.27 billion for March 2016(1), up by 27.7% month-over-month and down by 24.5% year-over-year. Consolidated revenues in the first quarter of 2016 were NT$71.14 billion, down by 14.7% from the previous quarter and 25.4% year-over-year.

Shipments of large-sized panels(2) for LCD TV, desktop monitor, notebook PC, and other applications totaled nearly 9.55 million units in March 2016, up by 35.0% from the previous month. As for small-and-medium-sized panels, the shipments were around 14.74 million units, an increase of 26.6% month-over-month.

In the first quarter of 2016, large-sized panel shipments totaled 24.43 million units, a decrease of 11.5% quarter-over-quarter and 8.8% year-over-year. Shipments of small-and-medium-sized panels in the same quarter exceeded 37.75 million units, up by 13.0% quarter-over-quarter and down by 11.5% year-over-year.

AUO March Revenue Report:

(Unit: NT$ million)

Period Consolidated Revenue
March 2016 26,272
February 2016 20,570
MoM Change 27.7%
March 2015 34,803
YoY Change (24.5%)
Jan. to Mar. 2016 71,135
Jan. to Mar. 2015 95,302
YoY Change (25.4%)

 

(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.