Hsinchu, Taiwan,
AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated March 2011 revenue of NT$35,947 million, up by 32.7% month-over-month and down by 11.6% year-over-year. Owing to the lower-than-expected TV panel prices, AUO’s unaudited consolidated revenues for the first quarter of 2011 totaled NT$93,230 million, down by 9.1% quarter-over-quarter and 16.4% year-over-year.
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For March 2011, Large-sized panel (a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, surpassed 10.71 million units, an increase of 30.1% from the previous month. As for small-and-medium-sized panels, the shipments were around 16.77 million units, up by 37.2% month-over-month.
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In the first quarter of 2011, large-sized panel shipments exceeded 28.40 million units, an increase of 1.3% from last quarter and an increase of 4.3% over last year. On the other hand, shipments of small-and-medium-sized panels for the same quarter totaled 43.49 million units, down by 17.8% quarter-over-quarter and 23.7% year-over-year.
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As the Company reported a return to full-year profit in 2010, AUO's Board of Directors Meeting on March 11, 2011 resolved to propose to the Annual General Meeting of the Shareholders a dividend of NT$0.40 per share. The Company has aggressively focused on high value-added products, and hopes that through this strategy, The Company's operating performance will improve continuously and maintain a leading position in the industry.
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(a) Large size refers to panels that are 10 inches and above in diagonal measurement while small and medium size refers to those below 10 inches.
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Sales Report:
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(Unit:NT$ million)
? ? (1):All figures are prepared in accordance with generally accepted accounting principles in Taiwan. |
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