Hsinchu, Taiwan


AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$12,916 million for January 2004, the ninth consecutive month of record revenues. Unaudited unconsolidated net sales of NT$12,135 million was reported for the month.

 

Despite Lunar New Year holidays and routine TaiPower annual maintenance at certain fabs, large-size TFT-LCD panel shipment in January 2004, inclusive of desktop monitors, notebook, LCD TV, and other applications, reached 1.3 million in January 2004, up 5.6% sequentially. The 11th straight month of record large panel shipment is primarily contributed by enhancing yields of AUO's Gen. 5 production facility (Fab L8A). Unit shipment for small and medium size panels in January 2004 continued to experience seasonal decline in digital camera applications, down 12.5% from December 2003 to 1.5 million.

 

Consolidated revenues rose 8.9% M-o-M and 126.7% Y-o-Y, while unconsolidated net sales increased 8.7% and 127.0%, M-o-M and Y-o-Y, respectively.

 

 

Sales Report:

 

(Unit:NT$ million)

Net Sales Revenues(1)(2)

Consolidated(3)

Unconsolidated

January 2004

12,916

12,135

December 2003

11,856

11,164

M-o-M Growth

8.9%

8.7%

January 2003

5,697

5,346

Y-o-Y Growth

126.7%

127.0%

 

 

(1):All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2):Year 2004 figures and all consolidated numbers have not been audited, prepared by AUO Corporation.
(3):Including only AUO Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").