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AUO reports losses of over NT$10 billion for 2Q11

Rebecca Kuo, Taipei; Steve Shen, DIGITIMES Asia 0

AU Optronics (AUO) has reported a net loss of NT$10.77 billion (US$373.58 million) or NT$1.22 per share for the second quarter of 2011. The company has also decided to cut its capex for the year to below NT$70 billion from NT$90-95 billion projected...

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