- AU Optronics
AU Optronics Corp. designs, develops, manufactures, assembles and markets flat panel displays. The Company's principal products are thin-film transistor-liquid crystal display (TFT-LCD) panels. AUO is able to offer TFT-LCD panels in sizes ranging from 1.2 inches to greater than 65 inches.
The company was established in September 2001 by the merger of Acer Display Technology, Inc. and Unipac Optoelectronics Corporation.
In October 2006, AUO further merged with Quanta Display Inc. to create a larger TFT-LCD manufacturer with 20% of the world's large-sized TFT-LCD market, forming the company as of today.
Its panels are used in computer products, such as notebook computers and desktop monitors; consumer electronics products, such as mobile phones, digital photo frames, digital still cameras, portable navigation display, portable digital video disc players, LCD televisions, and industrial displays.
The Company sells its panels primarily to original equipment manufacturing service providers or brand customers. The Company groups its business into three marketing channels: Information Technology Displays, Consumer Products Displays and Television Displays. AUO is the first TFT-LCD manufacturer in Taiwan to mass produce TFT-LCD panels by means of G3.5, G4, G5, G6,G7.5 and G8.5 fabrications, and the constructing G8.5 fab was enter mass production in the second half of 2009. In March 2008 and June 2008, the Company acquired 45% and 26% of equity interests in Verticil Electronic Corp. and Dazzo Technology Corporation, respectively.
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Brief
Full name: AU Optronics
Chinese name: 友達光電股份有限公司
Short name: AUO
Arconym: AUO
Stock code: 2409
Country: Taiwan
Tax ID: 84149738
Market: TSE
Established: 12 Aug 1996
Paid in capital: NT$88.27 billion
Listed on TSE: 8 Sep 2000
Website: www.auo.com
Related news- AUO supply of iPad mini panels in 2Q13 expected to slip sequentially
- Innolux, AUO differ in strategies for tapping China smartphone panel market
- AUO reports April 2013 consolidated revenues
- LG to procure Ultra HD TV panels from AUO
- AUO to produce wide color gamut Ultra HD TV panels in 2Q13
- AUO announces pricing of follow-on public offering of American depositary shares
- AUO to expand production capacity
- AUO reports 1Q13 financial results
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On display
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Financial performance
AUO [2409] historical stock price (NT$) Date Volume (k) Transactions Value Open High Low Close Change Ask Bid 17-May 68,470 10,995 931,793,920 13.75 13.80 13.50 13.50 -0.20 -1.46% 13.55 13.50 16-May 197,877 25,989 2,745,355,169 13.75 14.05 13.70 13.70 +0.05 +0.37% 13.75 13.70 15-May 102,510 12,852 1,392,802,150 13.60 13.70 13.45 13.65 +0.30 +2.25% 13.65 13.60 14-May 101,432 11,480 1,360,257,005 13.45 13.55 13.35 13.35 +0.00 +0.00% 13.40 13.35 13-May 72,123 9,592 958,755,441 13.25 13.40 13.15 13.35 +0.10 +0.75% 13.35 13.30 10-May 99,363 13.55 13.55 13.25 13.25 -0.20 -1.49% - Source: TSE, compiled by Digitimes
AUO: Consolidated revenues, Apr 2012 - Apr 2013 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
Apr-13
37,005
(2.4%)
21.9%
131,249
17.8%
Mar-13
37,917
36.7%
20.6%
94,244
16.2%
Feb-13
27,733
(3%)
(0.8%)
56,327
13.4%
Jan-13
28,595
(10.8%)
31.7%
28,595
31.7%
Dec-12
32,055
(5.4%)
15.7%
378,472
(0.3%)
Nov-12
33,901
1.4%
10.9%
346,417
(1.6%)
Oct-12
33,448
(7%)
7.2%
312,516
(2.8%)
Sep-12
35,955
2.4%
9.2%
279,068
(3.8%)
Aug-12
35,103
10.7%
5.5%
243,113
(5.5%)
Jul-12
31,719
(5.1%)
(3.1%)
208,009
(7.2%)
Jun-12
33,426
6.5%
6.9%
176,290
(7.8%)
May-12
31,402
3.4%
(6.6%)
142,864
(10.7%)
Apr-12
30,361
(3.4%)
(8.5%)
111,462
(11.8%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2013AUO: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
Dec-12
30,664
(6%)
16.9%
362,995
1%
Nov-12
32,618
2.3%
13.4%
332,330
(0.3%)
Oct-12
31,885
(6.3%)
9%
299,712
(1.6%)
Sep-12
34,041
0.1%
9.2%
267,827
(2.7%)
Aug-12
34,019
11.8%
8.7%
233,786
(4.2%)
Jul-12
30,441
(6%)
(2.3%)
199,767
(6.1%)
Jun-12
32,398
7.3%
8%
169,326
(6.8%)
May-12
30,187
3.5%
(6.6%)
136,928
(9.7%)
Apr-12
29,169
(3.6%)
(6.2%)
106,741
(10.6%)
Mar-12
30,250
13.4%
(11.6%)
77,572
(12.1%)
Feb-12
26,669
29.1%
3.7%
47,321
(12.5%)
Jan-12
20,653
(21.3%)
(27.1%)
20,653
(27.1%)
Dec-11
26,234
(8.8%)
(6.8%)
359,528
(18.8%)
*Figures are not consolidated
Source: TSE, compiled by Digitimes, May 2013AUO: Consolidated revenues, 4Q11 - 4Q12 (NT$m)
Quarter
Sales
Q/Q
Y/Y
YTD
Y/Y
4Q-12
99,400
(3.3%)
11.1%
378,471
(0.3%)
3Q-12
102,781
8%
3.9%
279,071
(3.8%)
2Q-12
95,189
17.4%
(2.9%)
176,290
(7.8%)
1Q-12
81,102
(9.4%)
(13%)
81,102
(13%)
4Q-11
89,505
(9.5%)
(12.8%)
379,712
(18.7%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2013AUO: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)
Quarter
Sales
Q/Q
Y/Y
YTD
Y/Y
4Q-12
95,168
(3.4%)
13%
362,995
1%
3Q-12
98,501
7.4%
5.2%
267,827
(2.7%)
2Q-12
91,754
18.3%
(1.8%)
169,326
(6.8%)
1Q-12
77,572
(7.9%)
(12.1%)
77,572
(12.1%)
4Q-11
84,239
(10%)
(12.2%)
359,528
(18.8%)
*Figures are not consolidated
Source: TSE, compiled by Digitimes, May 2013AUO: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
Current assets
175,736,039
190,826,687
204,267,662
204,795,794
202,673,929
Long-term investments
13,811,600
15,066,174
15,108,818
15,591,831
15,917,335
Intangible assets
14,932,898
14,912,668
15,109,661
15,274,779
15,428,102
Other assets
19,752,120
19,474,943
19,305,085
18,820,948
18,355,071
Assets
539,802,513
571,523,554
596,573,498
604,605,949
612,778,144
Current liabilities
191,594,322
193,808,008
192,501,060
191,759,456
204,179,867
Other liabilities
9,423,221
9,407,075
1,864,258
2,131,134
1,162,605
Liabilities
376,567,031
395,353,735
400,471,877
397,769,630
391,501,206
Stockholders' equity
163,235,482
176,169,819
196,101,621
206,836,319
221,276,938
*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2013AUO: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
Current assets
130,725,312
143,610,106
150,162,650
150,825,900
147,162,218
Long-term investments
69,403,377
70,516,048
73,935,228
74,750,079
76,817,592
Intangible assets
14,927,942
14,739,452
14,935,584
15,099,758
15,252,173
Other assets
16,130,256
15,564,737
15,386,720
14,504,971
14,369,624
Assets
448,414,195
471,039,261
491,900,747
504,656,634
513,413,741
Current liabilities
161,332,727
164,793,535
163,252,656
162,611,550
172,691,926
Other liabilities
9,133,864
9,119,776
1,588,294
1,849,054
856,270
Liabilities
299,263,340
309,217,538
313,466,847
314,101,491
308,025,025
Stockholders' equity
149,150,855
161,821,723
178,433,900
190,555,143
205,388,716
*Figures are not consolidated
Source: TSE, compiled by Digitimes, May 2013AUO: Consolidated income statement, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
Gross sales
100,592,689
103,244,844
95,678,355
81,445,926
90,173,233
Operating revenue
99,400,223
98.8%
102,780,523
99.6%
95,188,539
99.5%
81,101,650
99.6%
89,505,341
99.3%
Gross profit (loss) from operations
2,821,840
2.8%
-1,861,882
-1.8%
-3,186,434
-3.3%
-6,448,561
-7.9%
-10,293,020
-11.4%
Operating expenses
7,584,231
7.5%
7,284,908
7.1%
7,283,582
7.6%
7,036,916
8.6%
7,200,662
8%
Operating income (loss)
-4,762,391
-4.7%
-9,146,790
-8.9%
-10,470,016
-10.9%
-13,485,477
-16.6%
-17,493,682
-19.4%
Non-operating revenues and gains
2,138,333
2.1%
1,376,800
1.3%
838,820
0.9%
1,837,606
2.3%
751,542
0.8%
Income from continuing operations before income tax
-13,079,989
-13%
-16,319,415
-15.8%
-11,841,934
-12.4%
-14,029,244
-17.2%
-22,041,154
-24.4%
Net income (loss)
-13,171,542
-13.1%
-16,479,023
-16%
-12,460,812
-13%
-13,795,627
-16.9%
-20,986,450
-23.3%
Fully-diluted earnings per share (NT$)
-1.4
-1.9
-1.4
-1.5
-2.3
*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2013AUO: Non-consolidated income statement, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
Gross sales
96,371,131
98,892,850
92,225,450
77,820,165
84,934,602
Operating revenue
95,167,539
98.8%
98,501,148
99.6%
91,754,394
99.5%
77,571,501
99.7%
84,239,352
99.2%
Gross profit (loss) from operations
1,621,472
1.7%
-1,341,357
-1.4%
-2,960,198
-3.2%
-6,346,056
-8.2%
-10,376,521
-12.2%
Operating expenses
6,081,626
6.3%
5,761,238
5.8%
5,730,208
6.2%
5,488,106
7.1%
5,686,935
6.7%
Operating income (loss)
-4,460,154
-4.6%
-7,102,595
-7.2%
-8,690,406
-9.4%
-11,834,162
-15.2%
-16,063,456
-18.9%
Non-operating revenues and gains
1,609,864
1.7%
469,283
0.5%
594
0%
716,531
0.9%
597,688
0.7%
Income from continuing operations before income tax
-12,509,349
-13%
-16,274,607
-16.5%
-12,273,537
-13.3%
-14,043,832
-18%
-21,859,907
-25.7%
Net income (loss)
-12,462,505
-12.9%
-16,274,606
-16.5%
-12,273,539
-13.3%
-13,604,054
-17.5%
-20,675,479
-24.3%
Fully-diluted earnings per share (NT$)
-1.4
-1.9
-1.4
-1.5
-2.3
*Figures are not consolidated
Source: TSE, compiled by Digitimes, May 2013 - AU Optronics full profile
- China market: Several smartphone components in short supply
- AUO supply of iPad mini panels in 2Q13 expected to slip sequentially
- Demand for small-size panel driver ICs stays strong
- Innolux, AUO differ in strategies for tapping China smartphone panel market
- Asustek unveils Intel 8 series motherboards
- Wintek to reportedly set up joint venture 6G touch panel factory in China with Nanjing Panda Electronics
- PCB firm Apex 2Q13 sales to rise over 10%
- Taiwan LED firms to attend Guangzhou International Lighting Exhibition 2013
- Touch screen notebook shipments reach 4.57 million units in 1Q13, says Displaybank
- Asia Pacific leads worldwide mobile phone sales growth in 1Q13, says Gartner
- Mobile DRAM revenues slip 5% in 1Q13, says DRAMeXchange
- SMA Technology sees 1Q13 revenues fall on year
- SunPower announces fiscal 2013 financial guidance
- LED plant factory market to reach US$1.2 billion in 2013, says PIDA
- Suntech agrees on new forbearance agreement with converible note holders
- BlackBerry to offer BBM on Android and iOS platforms
- New generation iPhone may adopt sapphire crystal glass for home button
- Ledlink to begin LED lighting shell volume production in May-June
- Ruggedized PC vendors eyeing 7- to 8-inch tablet market
- Equipment maker Acter sees profits down in 1Q13
- Soft-World sees over 50% of 1Q13 profit from 3 subsidiaries
- Corning introduces Lotus XT Glass
- Synnex Technology reports profits for 1Q13
- HannStar Display posts 1Q13 profits
- Taiwan market: HTC, Samsung optimistic about May sales
17-May-2013 markets closed
| Last | Change |
| TAIEX (TSE) | 8368.19 | -21.86 | -0.26% |

| TSE electronic | 316.17 | -0.60 | -0.19% |

| GTSM (OTC) | 119.56 | +0.49 | +0.41% |

| OTC electronic | 143.91 | +0.93 | +0.65% |

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