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AUO Corporation Reports June 2011 Consolidated Revenue

Published date:2011-07-07

AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated June 2011 revenue of NT$31,273 million, down by 6.9% month-over-month and 28.3% year-over-year. Due to customers' inventory adjustments, panel's order momentum was weaker than expected. In the second quarter of 2011, AUO's unaudited consolidated revenues totaled NT$98,050 million, up by 5.2% quarter-over-quarter and down by 23.7% year-over-year.

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For June 2011, large-sized panel (a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, exceeded 9.2 million units, a decrease of 11.9% from the previous month. As for small-and-medium-sized panels, the shipments were around 16.55 million units, up by 11.7% month-over-month.

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In the second quarter of 2011, large-sized panel shipments totaled over 29.63 million units, up 4.3% quarter-over-quarter and flattish year-over-year. Shipments of small-and-medium-sized panels in the same quarter reached around 45.47 million units, up by 4.6% quarter-over-quarter and down by 18% year-over-year.

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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

June 2011

31,273

30,002

May 2011

33,603

32,311

M-o-M Growth

(6.9%)

(7.1%)

June 2010

43,640

41,438

Y-o-Y Growth

(28.3%)

(27.6%)

Jan to May 2011

160,007

151,681

Jan to June 2010

240,150

228,166

Y-o-Y Growth

(20.4%)

(18.8%)

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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) Corp. and its affiliates, Darwin Precision Corp. and its affiliates, BriView Electronics Corp., Toppan CFI (Taiwan) Co, Ltd., Darshin Microelectronics Inc., and AUO Crystal Corp. and its affiliates.

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