Hsinchu, Taiwan


AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$15,098 million for March 2004, the eleventh consecutive month of record revenues. Unaudited unconsolidated net sales of NT$13,921 million was reported for the month.

 

Large-size TFT-LCD panel shipment in March 2004, inclusive of desktop monitor, notebook, LCD TV, and other applications, reached 1.47 million, up 10.8% sequentially. The solid M-o-M shipment growth and the 13th straight month of record large panel shipment are primarily contributed by additional output from AUO's second Gen. 5 production facility (Fab L8B), which is currently in the ramp-up process. Unit shipment for small and medium size panels in March 2004 continued to improve, up 12.3% from February to 1.95 million, after reaching a seasonal low in January 2004.

 

Consolidated revenues rose 13.4% M-o-M and 122.3% Y-o-Y, while unconsolidated net sales increased 11.5% and 118.5%, M-o-M and Y-o-Y, respectively.

 

For the first three months ended March 31, 2004, unaudited consolidated net sales revenues rise 126.2% Y-o-Y to NT$41.3 billion, while unit shipment for large-size and small-medium size panels totaled 4.10 million and 5.19 million, respectively.

 

 

Sales Report：

 

(Unit：NT$ million)

Net Sales Revenues(1)(2)

Consolidated(3)

Unconsolidated

March 2004

15,098

13,921

February 2004

13,317

12,480
M-o-M Growth

13.4%

11.5%
March 2003

6,791

6,371
Y-o-Y Growth

122.3%

118.5%
January to March 2004

41,331

38,536
January to March 2003

18,268

17,115
Y-o-Y Growth

126.2%

125.2%

 

 

(1 )：All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2)：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").