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Innolux, AUO step up recruitment

Rebecca Kuo, Tainan; Adam Hwang, DIGITIMES

Monday 6 March 2017

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$16.3 on the TSE on Thursday, June 30, 2022.

The company has reported consolidated revenues of NT$21,971 million for May 2022, representing a 8.6% increase on month and 31.6% drop on year.

For the first quarter of 2022, the company totaled NT$81,528 million in consolidated revenues, down 12.4% sequentially and down 1.7% 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
On display

AUO 6-inch all-screen panel
AUO's 6-inch full HD LTPS in-cell touch panel integrates the display driver IC and touch IC to simplify the overall module...
Photo: Company, Sep 18.
AUO 13.3-inch UHD LTPS oTP

AU Optronics (AUO) will showcase a full-range of LTPS notebook panels at Touch Taiwan 2017 September 20 to 22. The panels...
Photo: Company, Sep 18.
AUO 65-inch 8K4K display
AU Optronics (AUO) will showcase its 8K4K ultra high resolution TV display technology at Touch Taiwan 2016, a resolution...
Photo: Company, Aug 23.

Latest stock

AUO [2409] historical stock price (NT$)
Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
1-Jul	80,356	17,888	1,251,764,650	16.30	16.40	15.05	15.05	-1.25	-7.67%	15.05	15.10
30-Jun	52,265	11,242	864,661,599	16.90	16.95	16.30	16.30	-0.45	-2.69%	16.30	16.35
29-Jun	47,932	9,457	811,571,976	17.05	17.15	16.75	16.75	-0.10	-0.59%	16.75	16.80
28-Jun	37,846	6,276	637,427,098	16.95	17.00	16.70	16.85	+0.10	+0.60%	16.80	16.85
27-Jun	48,747	11,280	809,313,437	16.15	16.90	16.05	16.75	+0.65	+4.04%	16.70	16.75
24-Jun	75,349	16,589	1,196,252,169	15.30	16.25	15.30	16.10	+0.95	+6.27%	16.05	16.10
23-Jun	96,415	25,712	1,503,237,716	16.30	16.35	15.15	15.15	-1.10	-6.77%	15.15	15.20
22-Jun	78,530	14,860	1,266,243,695	16.80	16.85	16.20	16.25	-0.50	-2.99%	16.25	16.30

Source: TSE, compiled by Digitimes

Latest sales

AUO: Consolidated revenues, May 2021 - May 2022 (NT$m)
Month	Sales	M/M	Y/Y	YTD	Y/Y
May-22	21,971	8.6%	(31.6%)	123,721	(14.5%)
Apr-22	20,223	(27.9%)	(31.7%)	101,751	(9.6%)
Mar-22	28,043	9.3%	(8.7%)	81,528	(1.7%)
Feb-22	25,662	(7.8%)	0.2%	53,485	2.4%
Jan-22	27,823	(12.4%)	4.5%	27,823	4.5%
Dec-21	31,766	2.9%	10.1%	370,685	36.8%
Nov-21	30,885	1.7%	19%	338,920	40%
Oct-21	30,384	(7.9%)	18.1%	308,035	42.5%
Sep-21	32,999	0.9%	26.5%	277,651	45.8%
Aug-21	32,710	(1.9%)	34.9%	244,652	48.9%
Jul-21	33,346	(1.7%)	45.6%	211,942	51.3%
Jun-21	33,937	5.7%	57.1%	178,596	52.4%
May-21	32,118	8.5%	47.8%	144,659	51.3%

*Figures are consolidated
Source: TSE, compiled by Digitimes, July 2022

AUO: Consolidated revenues, 1Q21 - 1Q22 (NT$m)
Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
1Q-22	81,528	(12.4%)	(1.7%)	81,528	(1.7%)
4Q-21	93,034	(6.1%)	15.5%	370,685	36.8%
3Q-21	99,055	3.6%	35.3%	277,651	45.8%
2Q-21	95,656	15.3%	50.6%	178,596	52.4%
1Q-21	82,941	3%	54.5%	82,941	54.5%

*Figures are consolidated
Source: TSE, compiled by Digitimes, July 2022

Latest balance sheet and income statement

AUO: Consolidated balance sheet, 1Q21 - 1Q22 (NT$k)
Item	1Q-2022	4Q-2021	3Q-2021	2Q-2021	1Q-2021
Current assets	197,797,159	192,026,398	203,946,470	209,713,770	191,275,548
Intangible assets	11,717,744	11,756,955	12,756,737	12,807,781	12,829,129
Non-current assets	234,469,361	232,784,648	231,141,370	233,954,546	238,673,727
Assets	432,266,520	424,811,046	435,087,840	443,668,316	429,949,275
Current liabilities	126,693,017	123,754,502	123,129,359	112,126,836	108,837,949
Non-current liabilities	69,467,636	63,090,073	69,675,671	109,698,786	118,195,618
Liabilities	196,160,653	186,844,575	192,805,030	221,825,622	227,033,567
Stockholders' equity	236,105,867	237,966,471	242,282,810	221,842,694	202,915,708

*Figures are consolidated
Source: TSE, compiled by Digitimes, July 2022

AUO: Consolidated income statement, 1Q21 - 1Q22 (NT$k)
Item	1Q-2022		4Q-2021		3Q-2021		2Q-2021		1Q-2021
Item	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
Gross sales	81,527,862		93,034,036		99,054,986		95,655,500		82,940,619
Operating revenue	81,527,862	100%	93,034,036	100%	99,054,986	100%	95,655,500	100%	82,940,619	100%
Gross profit (loss) from operations	11,694,217	14.3%	17,602,355	18.9%	27,413,425	27.7%	27,489,144	28.7%	18,262,833	22%
Operating expenses	6,396,020	7.8%	7,256,803	7.8%	6,986,693	7.1%	7,204,037	7.5%	6,244,608	7.5%
Operating income (loss)	5,298,197	6.5%	10,345,552	11.1%	20,426,732	20.6%	20,285,107	21.2%	12,018,225	14.5%
Non-operating expenses and losses	716,395	0.9%	1,711,403	1.8%	464,041	0.5%	543,162	0.6%	612,573	0.7%
Income from continuing operations before income tax	6,014,592	7.4%	12,056,955	13%	20,890,773	21.1%	20,828,269	21.8%	12,630,798	15.2%
Net income (loss)	5,174,629	6.3%	11,791,244	12.7%	19,963,883	20.2%	19,862,456	20.8%	11,841,515	14.3%
Diluted earnings per share (NT$)	0.5		1.1		1.9		2		1.2