AUO: 3Q profits down 71%, 2004 profit forecast lowered by 30%

Press release; Carrie Yu, DIGITIMES Asia Wednesday 27 October 2004 0

AU Optronics’ (AUO) gross profits and net profits saw a sequential drop of 58.8% and 71.3%, respectively, in the third quarter, mainly due to weak market demand and falling large-size-panel prices, according to Max Cheng, vice president and CFO...

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