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AU Optronics Corp. October 2003 Sales Reached NT$11.1 Billion (2003.11.05)
Hsin Chu, Taiwan

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a world-leading supplier of TFT-LCD panels, today announced a new record month for consolidated net sales and shipment for the month of October 2003. Consolidated net sales revenue in October 2003 reached historical highs of NT$11,114 million, representing consecutive six months record earnings for the company, while unconsolidated net sales totaled NT$10,359 million.

October shipments of large sized TFT-LCD panels, inclusive of desktop monitors, notebook, LCD TV, and other applications, received continued strong demand, augmented by 6.8% to reach 1.19 million units, breaking its previous September record of 1.11 million units, completed an eighth consecutive month to month high. Small-medium sized panels shipments however, due to seasonal factors, had experienced decrease of 14.8% from 3.07 million in September to 2.61 million units.

Consolidated revenue rose 5.9% from September to October, while unconsolidated numbers rose by 6.1%. For the first ten months of 2003, accumulated consolidated and unconsolidated net sales totaled NT$81,595 million and NT$75,886 million, respectively.

Sales Report: (Unit: NT$ million)

 

Net Sales(1) (2) Consolidated(3) Unconsolidated
October 2003 11,114 10,359
September 2003 10,494(4) 9,761
M-o-M Growth 5.9% 6.1%
Year-to-Date 81,595 75,886

(1):All figures are prepared in accordance with generally accepted accounting principles in Taiwan.

(2):Year 2003 figures have not been audited, prepared by AU Optronics Corp.

(3):Including AU Optronics Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").

(4):Numbers adjusted due to exchange rate.

(5):Numbers changed to reflect the adjustments made by auditors for 3Q 2003 Audited Consolidated Financial Statements.