Hsinchu, Taiwan
AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its unaudited consolidated net sales of NT$11,223 million and unconsolidated net sales of NT$11,185 million for the month of August, 2004. Due to the weaker-than-expected market environment and substantial panel price correction in recent weeks, the Company expects that the decline in unit shipments and blended ASP for large-sized panels in 3Q2004 will exceed the earlier guidance made during its First Half 2004 Results Investor Conference on July 22, 2004.
Shipments for large-sized TFT-LCD panels in August, further impacted by customers' one-time inventory adjustment, decreased 18.6% on a M-o-M basis. Unit shipments for large-sized applications of desktop monitor, notebook, and LCD TV totaled 1.28 million in August. On the other hand, small- and medium-sized panels broke the previous monthly record of 3.07 million set in September 2003, to reach 3.53 million in August 2004, a 15.6% growth over July.
Consolidated revenues for the month of August declined 23.1% M-o-M, but grew 21.0% Y-o-Y, while unconsolidated net sales decreased 23.2% M-o-M but increased 30.1% Y-o-Y, respectively.
Year-to-date consolidated revenues reached NT$115.7 billion, representing an increase of 92.8% from the previous year.
Sales Report：
(Unit：NT$ million)
(1)：All figures are prepared in accordance with generally accepted accounting principles in Taiwan. |