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AUO Corporation November 2008 Consolidated Revenue Totaled NT$17.8 Billion

Published date:2008-12-08

Hsinchu, Taiwan,


AUO Corporation? ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated and unconsolidated November 2008 revenue of NT$17,754 million and NT$17,624 million, respectively. Caused by the continuing weakness in global economic conditions, the revenue has declined 34.9% and 35.2% sequentially, and dropped 66.8% and 67.0% year-over-year respectively.

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For November 2008, shipments of large-sized panels(a) with applications on desktop monitor, notebook PC, LCD TV and other applications totaled over 4.5 million units, which led to a 29.2% decline month-over-month. In addition, due to seasonal demand, the shipments of small-and-medium-sized panels presented a 34.5 % sequential decline to 14.85 million units.

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Based on the current available information and market conditions, previous guidance given on October 23, 2008 is not applicable. The revised AUO’s Q4 2008 business outlook updates are:

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  • Large-sized panel shipments decline high-20% QoQ, with blended ASP down around mid-20% QoQ,
  • Small-and-medium-sized panel shipments decline about 25% QoQ,
  • Fabs overall loading rate expect to be around 60%.

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(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.

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Sales Report:

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(Unit:NT$ million)

Net Sales(1)(2)

Consolidated(3)

Unconsolidated

November 2008

17,754

17,624

October 2008

27,261

27,211

M-o-M Growth

(34.9%)

(35.2%)

November 2007

53,438

53,364

Y-o-Y Growth

(66.8%)

(67.0%)

Jan to Nov 2008

409,193

407,273

Jan to Nov 2007

431,247

430,899

Y-o-Y Growth

(5.1%)

(5.5%)

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(1 ):All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2):Monthly figures are unaudited, prepared by AUO Corporation.
(3):Consolidated numbers include AUO Corporation., 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.

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