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.