AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated November 2006 monthly revenues of NT$33,185 million and unconsolidated revenues totaled NT$33,178 million, both representing a 0.3% sequential decline. On a year-over-year comparison, both November 2006 consolidated and unconsolidated revenues increased by 37.1%.
Shipments of large-sized panels used in desktop monitor, notebook PC, LCD TV and other applications, reached 5.78 million units, a slight 0.3% decrease from October 2006. Shipments of small-and-medium-sized panels presented a 9.3 % sequential decline to 8.22 million.
During the fourth quarter, the industry is witnessing a healthy sell through and expects the holiday season demand to remain solid. AUO reiterates its fourth quarter blended ASP trend to be inline to its October guidance. However, the company experienced an early sign of controlling year end inventory from some of its customers and also expects panel shipments in December 2006 to decline sequentially due to the seasonality. Based on the current market condition, AUO expects the large panel shipments to grow by 30%-35% quarter over quarter, in lieu of the original guidance of 40% growth. Small & medium panel shipments expect to increase by around 20%, inline to the original guidance. In response to the changing of the current business condition, AUO reduces its overall Fab loading rate to be about 90% level.
(a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small- and medium-size refers to those below 10 inches.
Sales Report: (Unit: NT$ million)
|Net Sales(1) (2)||Consolidated(3)||Unconsolidated|
|Jan to Nov 2006||264,916||264,878|
|Jan to Nov 2005||192,796||192,706|