Hsin Chu, Taiwan


AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a world-leading supplier of TFT-LCD panels, today announced a new record month for consolidated net sales and shipment for the month of October 2003. Consolidated net sales revenue in October 2003 reached historical highs of NT$11,114 million, representing consecutive six months record earnings for the company, while unconsolidated net sales totaled NT$10,359 million.

 

October shipments of large sized TFT-LCD panels, inclusive of desktop monitors, notebook, LCD TV, and other applications, received continued strong demand, augmented by 6.8% to reach 1.19 million units, breaking its previous September record of 1.11 million units, completed an eighth consecutive month to month high. Small-medium sized panels shipments however, due to seasonal factors, had experienced decrease of 14.8% from 3.07 million in September to 2.61 million units.

 

Consolidated revenue rose 5.9% from September to October, while unconsolidated numbers rose by 6.1%. For the first ten months of 2003, accumulated consolidated and unconsolidated net sales totaled NT$81,595 million and NT$75,886 million, respectively.

 

 

Sales Report：

 

(Unit：NT$ million)

Net Sales(1)(2)

Consolidated(3)

Unconsolidated

October 2003

11,114

10,359

September 2003

10,494(4)

9,761
M-o-M Growth

5.9%

6.1%
Year-to-Date

81,595

75,886

 

 

(1)：All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2)：Year 2003 figures have not been audited, prepared by AUO Corporation.
(3)：Including AUO Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").
(4)：Numbers adjusted due to exchange rate.
(5)：Numbers changed to reflect the adjustments made by auditors for 3Q 2003 Audited Consolidated Financial Statements.