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AU Optronics Consolidated November 2005 Sales of NT$24,207 Million And Shipment of 3.17 Million Large-Sized Panels7 December 2005
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced another record high on monthly revenues and shipments. AUO's preliminary consolidated November 2005 monthly revenues broke a record high to post NT$24,207 million, while unconsolidated net sales totaled NT$24,205 million. Limited by CCFL components supply constraints and weaker seasonal demand on the small- and medium- sized panels, both preliminary consolidated and unconsolidated revenues for the month of November 2005 increased by 0.9% sequentially. On a year-over-year basis, November 2005 consolidated revenues increased by 81.6%, while unconsolidated net sales rose by 82.1%. Driven primarily by shipments of large-sized panels(a) for applications such as desktop monitor, notebook PC, LCD TV and other applications, the new record reached a high of 3.17 million, a 2.3% increase from October 2005. Shipments of small- and medium-sized panels declined to total 5.3 million, a 16.6 % sequential decrease due to seasonal demand. For the eleven months ended November 30, 2005, unaudited consolidated and unconsolidated revenue totaled NT$192,796 million and NT$192,706 million respectively, representing 24.6% and 27.1% Y-o-Y growth. (a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small- and medium-size refers to those below 10 inches. Sales Report: (Unit: NT$ million) Net Sales(1) (2) Consolidated(3)Unconsolidated November 2005 24,20724,205 October 2005 24,00023,991 M-o-M Growth0.9 % 0.9 % November 2004 13,33213,294 Y-o-Y Growth 81.6 %82.1 % January to November 2005 192,796 192,706 January to November 2004 154,773 151,599 Y-o-Y Growth 24.6 %27.1 % (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, and AU Optronics (Suzhou) Corporation. About AU Optronics AU Optronics Corp. (''AUO'') is the world's third largest manufacturer* of large-size thin film transistor liquid crystal display panels (''TFT-LCD''), with approximately 14%* of global market share and generated net income of NT$168.1billion (US$5.3 bn) in 2004. TFT-LCD technology is currently the most widely used flat panel display technology. Targeted for 40''+ sized LCD TV panels, AUO's next generation (7.5-Generation) fabrication facility production is scheduled for mass production in 4Q 2006. The Company currently operates one 6th-generation, one 5th-generation, one 4th-generation, and three 3.5- generation TFT- LCD fabs, in addition to four module assembly facilities and a R&D fab specializing in low temperature poly silicon TFT and organic LED. AUO is one of few top-tier TFT-LCD manufacturer capable of offering a wide range of small- to large- size (1.5''-46'') TFT-LCD panels, which enables it to offer a broad and diversified product portfolio. * As shown on DisplaySearch Quarterly Large-Area TFT LCD Shipment Report dated Sep 30, 2005. The data is used as reference only and AUO does not make any endorsement or representation in connection therewith. For more information, please contact: Yawen Hsiao Corporate Communications Dept. AU Optronics Corp. Tel: +886-3-500-8899 x3211 Fax: +886-3-577-2730 Email: yawenhsiao@auo.com
Source: prnewswire
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