• 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.

• Performance

  The company's stock price closed at NT$11.55 on the TSE on Thursday, April 17, 2014.

  The company has reported consolidated revenues of NT$34,017 million for March 2014, representing a 20.7% increase on month and 10.3% drop on year.

  For the fourth quarter of 2013, the company totaled NT$102,703 million in consolidated revenues, down 4.1% sequentially and up 3.3% on year.
  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$96.24 billion

  Listed on TSE: 8 Sep 2000

  Website: www.auo.com
• Related news

  • Commentary: AUO may retake spot as number three panel maker globally in 2014
  • Ultra HD TV penetration rate expected to reach 6% in 2014, say AUO sources
  • AUO, LG considering to mass produce 42.5-inch LCD TV panels
  • AUO president urges China to reconsider LCD high tariff policy, report says
  • Taiwan panel makers have order visibility for the Transformer Book T1000 until June
  • AUO to launch full lineup of Ultra HD curved LCD TV displays with WCG technology
  • AUO reports sequential growth in March revenues
  • AUO sets up PV investment/operating joint venture
• On display
  • 

    AUO 5.7-inch WQHD AMOLED

    AUO showcased its 5.7-inch WQHD AMOLED display at the China Information Technology Expo & China Optoelectronics Display...

    Photo: Company, Apr 16.
  • 

    AUO Ultra HD curved panels

    AUO demonstrated a lineup of 42- to 65-inch Ultra HD curved LCD TV displays with wide color gamut at the China Information...

    Photo: Company, Apr 16.
  • 

    Taiwan Touch 2013: AUO 55-inch Ultra HD TV panel

    AU Optronics (AUO) displays its Ultra HD LCD TV panel technology at Touch Taiwan 2013. The 55-inch Ultra HD TV panel features...

    Photo: Alex Wolfgram, Aug 30.
• Latest stock

  AUO [2409] historical stock price (NT$)
  Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
  18-Apr	32,480	4,690	377,852,259	11.70	11.70	11.55	11.65	+0.10	+0.87%	11.65	11.60
  17-Apr	63,418	8,692	736,992,519	11.75	11.80	11.50	11.55	-0.15	-1.28%	11.60	11.55
  16-Apr	117,055	19,586	1,350,844,862	11.20	11.70	11.20	11.70	+0.50	+4.46%	11.70	11.65
  15-Apr	131,059	16,258	1,504,102,965	11.80	11.85	11.20	11.20	-0.50	-4.27%	11.25	11.20
  14-Apr	49,712	7,649	583,808,084	11.90	11.95	11.65	11.70	-0.20	-1.68%	11.70	11.65
  11-Apr	89,697	16,022	1,063,649,116	11.80	11.95	11.80	11.90	-0.05	-0.42%	11.90	11.85

  • Source: TSE, compiled by Digitimes

  Latest sales

  AUO: Consolidated revenues, Mar 2013 - Mar 2014 (NT$m)
  Month	Sales	M/M	Y/Y	YTD	Y/Y
  Mar-14	34,017	20.7%	(10.3%)	93,802	(0.5%)
  Feb-14	28,181	(10.8%)	1.6%	59,785	6.1%
  Jan-14	31,604	(5.4%)	10.5%	31,604	10.5%
  Dec-13	33,399	(5.7%)	4.2%	416,393	10%
  Nov-13	35,412	4.4%	4.5%	382,994	10.6%
  Oct-13	33,922	(8.1%)	1.4%	347,582	11.2%
  Sep-13	36,897	(0.7%)	2.6%	313,660	12.4%
  Aug-13	37,155	12.5%	5.8%	276,763	13.8%
  Jul-13	33,029	(10.8%)	4.1%	239,608	15.2%
  Jun-13	37,031	(3.3%)	10.8%	206,579	17.2%
  May-13	38,300	3.5%	22%	169,548	18.7%
  Apr-13	37,005	(2.4%)	21.9%	131,249	17.8%
  Mar-13	37,917	36.7%	20.6%	94,244	16.2%

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, April 2014

  AUO: Consolidated revenues, 4Q12 - 4Q13 (NT$m)
  Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
  4Q-13	102,703	(4.1%)	3.3%	416,363	10%
  3Q-13	107,081	(4.7%)	4.2%	313,660	12.4%
  2Q-13	112,335	19.2%	18%	206,579	17.2%
  1Q-13	94,244	(5.2%)	16.2%	94,244	16.2%
  4Q-12	99,400	(3.3%)	11.1%	378,471	(0.3%)

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, April 2014

  Latest balance sheet and income statement

  AUO: Consolidated balance sheet, 4Q12 - 4Q13 (NT$k)
  Item	4Q-2013	3Q-2013	2Q-2013	1Q-2013	4Q-2012
  Current assets	169,604,057	170,050,184	175,493,823	165,936,463	174,072,244
  Intangible assets	15,713,137	15,518,393	14,714,386	14,727,546	14,932,898
  Non-current assets	322,638,794	334,321,682	346,387,451	358,261,890	368,344,147
  Assets	492,242,851	504,371,866	521,881,274	524,198,353	542,416,391
  Current liabilities	180,962,424	175,870,655	175,002,243	183,265,601	192,221,723
  Non-current liabilities	132,934,558	152,022,834	172,288,755	180,951,842	188,677,856
  Liabilities	313,896,982	327,893,489	347,290,998	364,217,443	380,899,579
  Stockholders' equity	178,345,869	176,478,377	174,590,276	159,980,910	161,516,812

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, April 2014

  AUO: Consolidated income statement, 4Q12 - 4Q13 (NT$k)
  Item	4Q-2013		3Q-2013		2Q-2013		1Q-2013		4Q-2012
  	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
  Gross sales	102,703,220		107,080,772		111,275,135		95,303,878		100,592,689
  Operating revenue	102,703,220	100%	107,080,772	100%	112,334,834	101%	94,244,179	98.9%	99,400,223	98.8%
  Gross profit (loss) from operations	7,655,690	7.5%	10,265,581	9.6%	11,514,559	10.3%	4,548,237	4.8%	2,821,840	2.8%
  Operating expenses	6,580,555	6.4%	6,891,882	6.4%	6,309,478	5.7%	5,909,631	6.2%	7,584,231	7.5%
  Operating income (loss)	1,075,135	1%	3,373,699	3.2%	5,205,081	4.7%	-1,361,394	-1.4%	-4,762,391	-4.7%
  Non-operating revenues and gains							-1,843,996	-1.9%	2,138,333	2.1%
  Non-operating expenses and losses	470,698	0.5%	-623,342	-0.6%	0	0%			-7,966,804	-7.9%
  Income from continuing operations before income tax	1,545,833	1.5%	2,750,357	2.6%	4,145,228	3.7%	-3,205,390	-3.4%	-13,079,989	-13%
  Net income (loss)	1,081,341	1.1%	2,509,868	2.3%	3,981,530	3.6%	-3,319,641	-3.5%	-13,171,542	-13.1%
  Diluted earnings per share (NT$)	0.1		0.3		0				-1.4

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, April 2014

• AU Optronics full profile

Categories: Display panel Displays

Tags: AUO HD TV Ultra HD

Topics: Ultra HD

Companies: AU Optronics

Related stories
• LG to procure Ultra HD TV panels from AUO (May 7)
• AUO to produce wide color gamut Ultra HD TV panels in 2Q13 (May 7)
• AUO March consolidated revenues hit 30-month high (Apr 8)
• China market: 4Kx2K LCD TV prices expected to fall in early May peak sales period, say Taiwan makers (Mar 22)
• Panel makers expected to ramp up TV panel production by the end of 1Q13 (Mar 11)
• AUO February consolidated revenues drop (Mar 8)
• Innolux plans to produce a wide range of Ultra HD TV panels, says president (Feb 27)
• AUO expects positive turnaround in its financial performance during 2013, says company president (Feb 18)
• Ultra HD TVs to have breakout year in 2013; market forecast to reach 7 million in 2016, says DisplaySearch (Feb 1)
• Ultra HD TVs likely to hit stores in late 3Q13, say sources (Jan 17)
• CES 2013: AUO unveils 56-inch Ultra HD OLED TV panel (Jan 9)
• AUO expected to decrease 32-inch TV panel production by 25% in 1Q13 (Jan 3)

• • Account
  • New user
  • Login