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AU Optronics Corp. September 2008 Consolidated Revenue Totaled NT$34.6 Billion (2008.10.07)
Hsinchu, Taiwan,

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its September 2008 revenue with preliminary consolidated and unconsolidated basis of NT$34,563 million and NT$34,537 million respectively. The uncertainties of the current macro environment resulted in both 6.8% month-over-month decrease, and 35.7% year-over-year decrease. 

Shipments of large-sized panels(a) used in desktop monitor, notebook PC, LCD TV and other applications for September 2008 totaled 7.0 million units, decreased by 3.3% sequentially. Small-and-medium-sized panel shipments reached 22.7 million units, a 9.1% month-over-month increase. 

In the third quarter of 2008, AUO’s unaudited consolidated and unconsolidated revenues totaled NT$104,314 million and NT$104,069 million. It represented 15.5% and 15.0% quarter-over-quarter decrease, and 24.4% and 24.5% year-over-year decrease. 

Large-sized panel shipments for the third quarter of 2008 were 20.7 million, a 5.2% quarter-over-quarter and a 6.9% year-over-year decrease. Small- and medium-sized panel shipments for the third quarter of 2008 totaled 61.1 million units, a significant 45.9% quarter-over-quarter increase and 50.2% year-over-year increase. 

The sales decline in the third quarter was due to the lower-than-expected shipments and ASP in IT panels, and weak ASP in TV panels, although TV panel shipments met previous guidance, plus small- and medium-sized panel shipments posted a remarkable result. 

(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
September 2008 34,563 34,537
August 2008 37,097 37,072
M-o-M Growth (6.8%) (6.8%)
September 2007 53,729 53,672
Y-o-Y Growth (35.7%) (35.7%)
Jan to Sep 2008 364,420 362,681
Jan to Sep 2007 324,689 324,472
Y-o-Y Growth 12.2% 11.8%

 

(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) Corporation, AU Optronics (Suzhou) Corporation, AU Optronics (Shanghai) Corporation, Tech - Well (Shanghai) Display Co., AU Optronics (Xiamen) Corp., Darwin Precisions (L) Corp., Toppan CFI (Taiwan) Co, Ltd. and AU Optronics (Czech) s.r.o.