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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
AU Optronics Corp. Reports December 2012 Consolidated Revenue

HSINCHU, Taiwan, Jan. 8, 2013 /PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated December 2012 revenue of NT$32,055 million, down by 5.4% month-over-month and up by 15.7% year-over-year. AUO's consolidated revenues in the fourth quarter of 2012 was down by 3.3% quarter-over-quarter to NT$99,405 million and increased by 11.1% year-over-year.

For the year ended December 31, 2012, unaudited consolidated revenue totaled NT$378,475 million, resulting in a 0.3% year-over-year decrease.

For December 2012, large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were nearly 10.38 million units, a decrease of 3% from the previous month. As for small-and-medium-sized panels, the shipments were around 10.46 million units, down by 20.7% month-over-month.

Preliminary shipments of large-sized panels for the fourth quarter of 2012 reached 30.99 million units, down 6.7% from last quarter, a Y-o-Y increase of 15.7%. Shipments for small- and medium-sized panels reached around 37.65 million units, down by 10.8% from the third quarter, and a Y-o-Y decrease of 19.0 %.

In terms of the 2012 full-year unit shipments, large-sized panels are about 123.2 million units, up 7.6% from 2011. Meanwhile, small and medium-sized panels totaled around 154.5 million units, down by 17.6% from last year.

(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

Dec. 2012

32,055

30,664

Nov. 2012

33,901

32,618

M-o-M Growth

(5.4%)

(6%)

Dec. 2011

27,716

26,234

Y-o-Y Growth

15.7%

16.9%

Jan to Dec. 2012

378,475

362,995

Jan to Dec. 2011

379,712

359,528

Y-o-Y Growth

(0.3%)

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

ABOUT AU OPTRONICS

AU Optronics Corp. (AUO) is one of the world's leading providers of optoelectronic solutions. AUO offers a full range of panel sizes and comprehensive applications ranging from 1.2 inches to 71 inches. Based on its profound R&D and manufacturing experience, AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry in 2008. By building a vertically integrated high-efficiency solar value chain, AUO provides its customers with high-efficiency solar solutions. AUO currently has global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO has also been named to Dow Jones Sustainability World Index for three consecutive years from 2010 to 2012. AUO generated NT$378.5 billion (US$ 13.03 billion) in sales revenue in 2012. For more information, please visit AUO.com.

* 2012 year end revenue converted at an exchange rate of NTD29.05 : USD 1.

Safe Harbour Notice

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release are "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements were based on our management's expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Form 20-F filed with the United States Securities and Exchange Commission on April 27th, 2012.

SOURCE AU Optronics Corp.

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