Au Optronics Corp (NYSE:AUO)

HSINCHU, Taiwan, May 13, 2019 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TSE: 2409; NYSE: AUO) today announced that its leading array of display technologies will be showcased at SID's Display Week 2019, the annual premier international gathering of the electronic information displays industry, in San Jose, California from May 14 to 16.

Exhibition highlights will include an extended suite of mini LED backlit LCD panels from 2.9 to 32 inches with high brightness and high dynamic range across gaming, VR and professional applications; the 15.6-inch UHD 4K LTPS LCD with the world's highest(*) 120Hz refresh rate for gaming notebook PC; high potency car displays featuring multiple panel lamination with curved design; high performance display technologies for medical, financial and security purposes will also be demonstrated.

High Performance Gaming Displays for Most Sensational and Immersive Experience

Designed for high-end gaming notebook PCs, AUO's 17.3-inch LTPS LCD has UHD 4K ultra high resolution, mini LED backlight design with 240 zones and peak brightness of over 1,000 nits to meet the highest VESA DisplayHDR performance level, delivering images with utmost authenticity and richness in details. Moreover, the module has the thickness of only 3.5mm, making it the ideal choice for gamers to enjoy the highest mobility possible. The 15.6-inch LTPS LCD combines the best of image quality and refresh rate, boasting UHD 4K (3840 x 2160) ultra high resolution and the world's highest(*) 120Hz refresh rate plus 8.3 ms response time to serve the enthusiasts of speed, and are also perfect for professional and hybrid notebook PCs.

For VR headsets, the 2.9-inch LTPS display has ultra high resolution (3456 x 3456) and ultra high pixel density of 1,688 PPI. Adopting mini LED backlight technology with active matrix (AM) driver circuit, the display possesses as many as 2,304 local dimming zones for HDR images to reveal perfect image depth and details for lifelike gaming experience.

Streamlined and Curved Car Displays with Tremendous Design Flexibility

Smart cars are now equipped with diverse HMI systems that require a lot more displays to support. AUO has seized the opportunities by developing a full range of high performance car displays applying multiple panel lamination. Specifically, one vehicle cockpit display joins a 12.3-inch cluster and a 20-inch CID/front passenger seat panel by direct bonding lamination, yielding a huge streamlined display with high resolution, high brightness and 1,200R curvature; another V-shaped vehicle cockpit display consisting of a 12.3-inch cluster and 12.3-inch CID comes in 300R curvature and cold-form cover lens, enabling accurate image performance.

AUO has successfully applied smart HMI systems on curved displays without sacrificing their brightness, as demonstrated by the 12.3-inch high resolution cluster display exhibiting 750R curvature while supporting dynamic backlight for images with 1,000-nit high brightness and high dynamic range. The 14.5-inch LTPS CID panel integrates both in-cell touch solution and curved design, with the display bent on the sides where TDDI (touch and display driver integration) ICs are located. As a result the display appears in a compact structure, closely integrated with the car interior to provide all the more intuitive and convenient user experience.

Leading Display Technologies for Diverse Scenes of Smart Living

For other professional market segments, AUO also has the best to offer. In terms of professional monitor applications, the 32-inch UHD 4K display adopts direct-lit mini LED backlight with as many as 1,152 local dimming zones. Its 1,000-nit peak brightness meets the highest VESA DisplayHDR performance level. Coupled with quantum dot wide color gamut of over 100% NTSC and stylish bezel-less design, the display renders accurate colors and vivid images with exquisite details, particularly suitable for video editing, game and graphic designing purposes.

AUO offers a comprehensive portfolio of high resolution, wide color gamut, high brightness and high contrast LCDs for diverse medical purposes such as ultrasound, imaging modality, endoscopic, and micro-invasive surgeries. Among them, the 23-inch ultrasound display possesses a compact structure design, while showing an exceptionally high contrast ratio of 2,200:1 and wide viewing angle with ultra low color washout in a dark room to reveal extremely delicate grayscale shadings for doctors to diagnose with great precision.

For smart retail and financial institutions, AUO presents 13.3-inch full HD display embedded with NFC (near-field communication) antenna design, capable of supporting data transaction distance of up to 4cm, which is the highest mandated by financial regulations. The LCD active area design is particularly fit for POS, vending machine and mobile payment purposes, which demand specific sensor areas for higher transaction safety.

For identification and customs inspection purposes, AUO's new 4.4-inch fingerprint sensor module features high resolution (1600 x 1500), high pixel density of 503 PPI, and stylish module design of only 12.8 mm thick. Its large sensor area allows for as many as four fingers to be detected at a time, enhancing both accuracy and security. The slim and light module is fit for portable application with its robust design, and outdoor application under strong sunlight.

* Based on the available market research information as of May 13, 2019.

HSINCHU, Taiwan, Aug. 27, 2018 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) will participate in Touch Taiwan 2018 from August 29 to 31 to showcase the world's largest(*) 65-inch UHD 4K (3840 x 2160) big format gaming display (BFGD), leading UHD 4K gaming monitor displays having adopted mini LED backlight technology with ultra high brightness and high dynamic range, and gaming monitor display with the world's highest(*) 240Hz refresh rate. In terms of gaming notebook PC applications, the world's first(*) mini LED backlit UHD 4K LTPS LCD, UHD 4K LCD with HDR 600 high dynamic range, and narrow border LCD with the world's highest(*) 144Hz refresh rate are also demonstrated, setting new par for global gaming displays with their leading specifications.

High Resolution BFGD to Enter Large Gaming Arena

As gaming events grow continuously in scale, gaming displays also increase in terms of size, resolution and refresh rate. AUO has pushed beyond the limits of gaming screen size to focus on large gaming arenas, introducing the 65-inch UHD 4K bezel-less BFGD. The display boasts 144Hz refresh rate and quantum dot wide color gamut. Its accurate and timely local dimming effect, combined with 1,000 nits ultra high brightness, meets the highest VESA DisplayHDR performance level. This world's largest gaming display(*) has what it takes to create an even more sensational gaming experience.

Mini LED Backlit Gaming Monitor Displays Reviving Game Scenes with Ultimate Image Quality

Also targeting at high-end gaming and niche application markets, AUO will exhibit 27 and 32-inch 144Hz gaming monitor displays adopting direct-lit mini LED backlight. Equipped with UHD 4K high resolution and quantum dot wide color gamut, and exceptional local dimming effect combined with 1,000 nits ultra high brightness, the displays boast HDR images to meet the highest VESA DisplayHDR performance level, perfectly capturing both bright and dark image details in games. Furthermore, its bezel-less design provides gamers with lifelike and immersive gaming experience.

Industry's Highest(*) 240Hz Refresh Rate & Response Time to Serve the Enthusiasts of Speed

AUO will showcase 25-inch gaming monitor display with the world's highest(*) 240Hz refresh rate, equipped with full HD (1920 x 1080) high resolution, bezel-less design, and 0.5 ms fastest response time to fully eliminate image lag and broken pictures. Motion images are sharp without blurs, especially fit for target shooting games where there is not even a millisecond to spare. 27-inch QHD (2560 x1440) gaming monitor display boasts 165Hz ultra high refresh rate and 1 ms response time, and is currently the fastest(*) gaming monitor display equipped with AHVA technology, providing gamers with extremely fast-paced, accurate and smooth gaming experience.

High Spec Gaming Notebook PC Displays Going All Out to Usher in New Era of Mobile Gaming

For gamers on the move, AUO will present 17.3-inch UHD 4K gaming notebook PC display, adopting edge-lit backlighting to achieve HDR 600 high dynamic range. The 17.3-inch full HD narrow border gaming notebook PC has a mere 4mm border width, the world's highest(*) frame rate of 144Hz, and could achieve as fast as 3 ms response time to reveal extraordinary image quality and motion image performance. 15.6-inch UHD 4K LTPS gaming notebook PC display is the world's first(*) to have adopted mini LED technology. With 240 dimming zones, the display meets the highest VESA DisplayHDR performance level with peak brightness of over 1,000 nits to show off image details with extreme accuracy and smoothness, allowing gamers to feel as if they were actually on the game scene for a mind blowing experience.

HSINCHU, May 22, 2018 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) will participate in SID's Display Week 2018 to showcase a full range of LCD panels adopting mini LED backlight technology for gaming monitors, gaming notebook PCs and VR headsets, claiming market leadership in high-end gaming and niche applications with exceptional image quality featuring ultra high brightness and high dynamic range.

In terms of mini LED backlight technology, as opposed to conventional edge-lit LED backlight, direct-lit mini LED backlight offers even more accurate local dimming effect to produce optimal image quality with higher brightness and higher dynamic range. AUO's 27-inch UHD 4K gaming monitor display with 144Hz ultra high refresh rate adopts direct-lit mini LED backlight. Its accurate and timely local dimming effect, combined with 1,000 nits ultra high brightness, meets the highest VESA DisplayHDR performance level. With exceptionally smooth and vividly colorful images and high dynamic range, the display supports HDR criteria proposed by leading brands of the industry, accentuating contrast in the dark portions of the game scenes to reveal perfect image depth and details for lifelike gaming experience.

AUO has also extended its mini LED backlight technology to mobile device applications. The 15.6-inch UHD 4K LTPS LCD for gaming notebook PC combines UHD 4K ultra high resolution and direct-lit mini LED backlight technology to boast outstanding local dimming performance, with HDR images to meet the highest VESA DisplayHDR performance level, redefining the concept of high-end notebook PCs. With maximum brightness of over 1000 nits, the display provides gamers with images that stand out with more authenticity, richness in details and clarity for more visual entertainment. The 6-inch in-cell touch panel, also adopting mini LED backlight technology, has module thickness of mere 1.1mm to meet diverse customer demands for mobile device applications.

In terms of VR headset applications, AUO's 2-inch LTPS display features an astounding ultra fine image quality of 1000 PPI to demonstrate rich and intricate details. By using the active-matrix mini LED backlight design, 1,024 dimming zones can be achieved to show images with extremely delicate details, delivering ultra high resolution images to create an incredibly lifelike and immersive experience beyond imagination.

HSINCHU, May 22, 2018 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) will participate in SID's Display Week 2018 in Los Angeles from May 22 to 24 to debut the world's highest resolution(*) and full color TFT driven micro LED display technology, offering inspiring new directions for next-generation technology development.

Micro LED is a form of self-emissive display technology that adopts micro-LED array structure, featuring high brightness, high contrast ratio, wide color gamut, wide viewing angle, fast response time, slim and light design, and low power consumption. AUO will demonstrate the world's highest resolution(*) and full color TFT driven 8-inch micro LED display developed with LTPS-TFT backplane which allows each pixel to be lighted independently to realize more refined images with high dynamic range. The display also comes with superior design for low power consumption. An impressive 169 PPI pixel density is achieved by micro LEDs less than 30 micrometers in size. Combining color conversion technologies, the display is able to yield even more marvelous and accurate high dynamic range color performance.

AUO has taken the lead in the development of micro LED. This successful launch of the world's highest resolution(*) and full color TFT driven micro LED display technology indicates that AUO has achieved a technological breakthrough. AUO will continue to invest in R&D resources to secure core technologies and make more advancement in the future.

-- World's first true circle AMOLED(*)smartwatch displays make their debut, plus advanced foldable and flexible display technologies
HSINCHU, Taiwan, May 23, 2017 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced that numerous types of innovative mobile displays and technologies will be presented at SID's Display Week 2017 in Los Angeles from May 23 to 25, shaping the future of smart living.

Exhibition highlights include a complete portfolio of LTPS LCDs for notebook PC, with UHD 4K ultra high resolution, ultra narrow border, and low power consumption. For AMOLED, AUO will demonstrate world's first 1.2-inch and 1.4-inch true circle AMOLED(*) smartwatch displays and 5-inch foldable touch AMOLED for future wearable or phablet applications. A new suite of ultra high resolution, free-form, and curved automotive displays, and 15.6 to 35-inch LCDs for gaming displays incorporating high resolution, ultra high refresh rate as well as bezel-less and curved design will also be showcased.

Ultra High Resolution, Narrow Border and Power-saving LTPS LCD Setting New Standard for High Performance Notebooks

AUO led the industry in mass producing UHD 4K LTPS LCD for notebook PCs(*), and will demonstrate a stellar lineup of notebook PC LCDs at this year's Display Week highlighting ultra narrow border and power-saving features, realizing the full potential of LTPS technology. Both 13.3-inch and 15.6-inch UHD 4K LTPS LCDs adopt a new MUX (multiplexer) design, which effectively reduces the width of the panel's bottom border. In particular, 13.3-inch UHD 4K LTPS LCD has a high pixel density of 332 PPI and 1.5 mm-only ultra narrow border to allow much more display active area. At just 2 mm thick, the LTPS LCD reveals an extremely sleek and thin profile.

The 13.3-inch UHD 4K ultra low power LTPS LCD boasts logic power consumption of less than 1 watt, around 40 percent lower than conventional 60 Hz models. The LTPS LCDs are in line with the trend for slimmer and lighter, and more power-saving mobile devices with higher screen-to-body ratio, perfect for professional and hybrid notebook PCs.

Pioneering True Circle AMOLED Displays(*) for Maximum Smartwatch Design Flexibility

In terms of smartwatch applications, AUO owns the industry's most complete AMOLED product line, with the latest additions being the world's first 1.2-inch and 1.4-inch high resolution true circle AMOLED displays(*) with high pixel density of 326 PPI. AUO took circular design to the next level by creating slim salient corner on the two displays with the width of merely 2.2 mm and 2.34 mm, respectively. This contributes to a true circle display appearance, lending flexibility for watch brands to be more creative with their designs. Furthermore, both displays use around 30 percent less power than other models in the market, showing impressive power-saving strength.

By administering an enhanced structural design, the 5-inch foldable touch AMOLED allows a folding radius of 4 mm while still delivering HD grade image quality and 95% coverage of the BT.2020 color gamut. In addition, the display has touch sensor and cover film integrated and is still only 0.1 mm thick, creating more inspirations for future wearable or phablet designs.

Advancing High Potency, Curved and Free-form Displays for Modern Smart Cars

Over the years AUO has accumulated profound experience in the making of high-end car displays, for applications ranging from instrument cluster, center information display (CID), in-car entertainment system to rear-view mirror. The 8.9-inch LCD for rear-view mirror comes with a full mirror design, with AHVA wide viewing angle, high brightness, fast response time, and free-form narrow border design, offering a wider field of view to substantially increase driving safety.

For instrument cluster applications, AUO will show 12.3-inch full HD free-form LTPS LCD with AHVA wide viewing angle, narrow module border and low power consumption features. With demand for ultra high contrast ratio next-generation car displays, AUO has developed 12.3-inch full HD AMOLED display with superior features, including ultra high contrast ratio, super fast response time, and high color saturation. The 27-inch full HD panoramic LCD combines two displays to form an all-encompassing and stylish design, meeting the trend for streamlined car interior design.

In terms of advanced technology for center information display (CID), 3.5-inch flexible plastic LCD applies a colorless PI (polyimide) plastic substrate and COG (Chip on Glass) direct bonding, and develops a flexible backlight unit to create a highly flexible display.

Full Range of High Refresh Rate Gaming LCD Panels for Supreme User Experience

AUO has built an impressive product lineup for professional grade gaming monitor and notebook PC. The LCD panels integrate high refresh rate, large-sized display, high resolution, and bezel-less curved design. With application to gaming notebook PCs, AUO presents 15.6-inch and 21-inch AHVA LCD panels with high resolution, high refresh rate and fast response time. Notably, the world's first 21-inch WFHD (2560x1080) ultra-wide curved LCD(*)  has a high 120Hz refresh rate and 4 ms response time, while 15.6-inch WQHD (2560x1440) LTPS LCD demonstrates 188 PPI ultra high pixel density and equally high 120Hz refresh rate, delivering perfect image quality and motion performance.

During Display Week 2017, AUO Chairman & CEO Mr. Paul SL Peng will deliver a keynote speech titled "The Warring States Era of Display Technologies" on May 23. AUO will also present several conference papers at the oral sessions of Display Week Symposium, with a paper titled "Achieving a Foldable and Durable OLED Display with BT.2020 Color Space Using an Innovative Color-Filter Structure" granted the Distinguished Paper Award. It is hoped that further exchange of ideas can be achieved for more inspirations to power the advancement of display technologies.

* Based on the available market research information as of May 23, 2017.

HSINCHU, August 25, 2015 /PRNewswire/ -- With the exhibition theme of "Advanced LCD Technology for Amazing Viewing Experience," AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) will participate in Touch Taiwan 2015 (Int'l Touch Panel and Optical Film Exhibition) from August 26 to 28. The complete series of ALCD TV displays will be showcased, incorporating numerous pioneering display technologies, along with the world's slimmest^(*) UHD 4K LCD TV panel making its debut to show off perfectly rendered images with exquisite details and colors.

AUO will also demonstrate pubic information display solutions applied in diverse scenarios such as stations, the outdoors and retailers. Ultra-wide curved monitor displays, ultra-thin power-saving wearable displays, UHD 4K ultra high resolution mobile device displays, integrated touch solutions, and ultra high resolution car displays are also among the exhibition highlights.

Management Discussion and Analysis

Net revenue decreased 2.0% to NT$408,178.7 million (US12,917.0 million) in 2014 from NT$416,363.0 million in 2013.
 
Net revenue of large-size panels decreased 5.7% to NT$309,093.8 million (US$9,781.4 million) in 2014 from NT$327,844.1 million in 2013. This decrease was primarily due to a decrease in the average selling price per panel. The average selling price per panel decreased by 5.7%, which was NT$2,643.7 (US$83.7) in 2014 and NT$2,802.7 in 2013, respectively. We experienced a significant decline in the market price of TV panels in the second half of 2013. Although the market price of most TV panels had gradually increased since the first quarter of 2014, the average selling prices of our large-size panels in 2014 remained lower compared to the prior year.
 
Net revenue of small- to medium-size panels increased 11.2% to NT$68,738.0 million (US$2.175.3 million) in 2014 from NT$61,796.9 million in 2013. The increase was primarily due to an increase in sales of products for mobile device and certain commercial products, such as automobile panels, with more advanced technologies or larger size panels which yielded a higher premium.

Net Profit (Loss) for the Year
 
As a result of the foregoing, we had a net profit of NT$16,737.2 million (US$529.7 million) in 2014 or basic earnings per share of NT$1.70 (US$0.05) and diluted earnings per share of NT$1.69 (US$0.05) in 2014 as compared to a net profit of NT$3,876.9 million or basic and diluted earnings per share of NT$0.41 and NT$0.40, respectively, in 2013.

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its participation at PV Taiwan 2014, to be held from October 22 to 24 at TWTC Exhibition Hall. AUO's solar solution brand, BenQ Solar, will showcase a series of light-weight and high-efficiency solar modules. A scalable energy storage system as well as total solar solutions for different kinds of solar power plants will also be introduced. To meet the growing demand of solar power plants in Taiwan, AUO has deployed more than 130 solar projects with an installed capacity of 23.4MW.

Using Differentiation Through Light-weight and High-efficiency Solar Solutions to Establish an Advantage

In response to limited installation land space in densely populated areas, light-weight and high-efficiency solar modules have become a new trend in the market. BenQ Solar, the solar solution brand of AU Optronics, has developed an ultra-light solar module, Aer PM060M01. The module only weighs 10.5 kg and is embedded in ultra-thin glass. It is approximately 45 percent lighter than conventional counterparts, making it the world's lightest* among all 60-cell monocrystalline silicon modules.

Furthermore, BenQ Solar provides G-racking series for pitched rack mounting solutions that are compatible with common metal and bituminous roofing materials. Partnered with EASY ROOF EVOLUTION® mounting solutions, the integrated design of the racking system can retain architectural aesthetics after installation. BenQ Solar's light-weight and easy-to-install solar modules and racking systems can lower roof loads, save installation time and labor, and greatly reduce installation cost and enhance safety.

BenQ Solar continues to satisfy customers' needs in power plants and large-scale projects with high-efficiency solar modules. Using high-efficiency back-contact solar cells, the SunForte PM096B00 shows a module efficiency of 20.3 percent and power output of 330W. BenQ Solar has successfully developed another high-efficiency solar module adopting heterojunction solar cell structure. The module delivers a high efficiency of 20 percent and power output of 323W. The technology is mature enough for mass production.

Scalable Energy Storage System, A New Spotlight on the Renewable Energy Market

In view of the reliable and stable power generation requirements for power plants in Europe, America and Japan, AUO is unveiling a new scalable energy storage system, PowerRondo, a solution designed to meet various types of power management systems. The PowerRondo system can provide power plants with high quality and reliable power generation and is applicable to store both renewable and conventional energy. It is also suitable for residential, community and commercial applications on a daily basis. This scalable energy system can serve as back-up power to reduce the impact of electricity regulation and peak power consumption. With easy-installation and outstanding scalability benefits, PowerRondo offers an excellent solution for the renewable energy storage market.

One-Stop Service and Capability to Accomplish Different Kinds of Rooftop Power Plants

AUO has forged one-stop service for power plant planning and execution with a high-quality solar value chain and superior integration capability. In recent years, AUO has completed more than 130 projects in Taiwan with an installed capacity of 23.4MW.

In utility scale projects, the Sungen power plant, the largest rooftop solar power plant in Taiwan, which is built on AUO fabs, will accumulate total installed capacity of 16.3MW by the end of this year. It can generate around 55,800 kWh of electricity for 5,580 households' use on an average day. For public building projects, the solar system built on the rooftop of Taichung public housing, is expected to be completed by November this year. AUO has also accomplished the installation of 100 rooftop solar systems on aboriginal permanent housing in Chiayi and Pingtung, in an effort to promote community-based power plant programs. In addition, by utilizing the existing space of agricultural buildings and fish houses, AUO installed a solar power plant on the rooftop of fish farms in Pingtung. The solar plant can help fisherman to earn income by selling electricity back to the power grid.

In addition, to enhance the efficiency of power plant operations and maintenance, AUO's Smart Cloud Monitoring System allows users to ensure the maximum efficiency of power plants with immediate on-site tracking through the internet. The system is a convenient and time-saving tool for power plant management and has been implemented in more than 700 locations worldwide.

HSINCHU, Taiwan, July 8, 2014 /PRNewswire/ -- In view of the growing market potential for high performance solar products, BenQ Solar, the leading solar solution brand of AU Optronics, announced today that its portfolio of high efficiency solar modules and solutions are readily available for the U.S. market.

To meet high power system requirements, BenQ Solar offers the mono-crystalline GreenTriplex PM060M02, a 60-cell high efficiency module with maximum power output of 290W and 18% module efficiency. Available in the third quarter of 2014, the module is free of potential induced degradation (PID-free) and features advanced cell technology for enhanced efficiency and light absorption, even under low light conditions.

Specially designed for the residential market, BenQ Solar's integrated AC Unison solution has been installed in 30 states across the U.S.. Producing from 5% to 20% more energy than conventional counterparts, the module features a built-in microinverter and true plug-and-play function, reducing around half of the installation time. Its AC only output means no high voltage DC wiring, making it safer to install, own and maintain the system. Designers are also given more flexibility to plan for modules on multiple roof orientations or later system expansion.

To facilitate better energy management, the remarkably intelligent and flexible PowerLegato energy storage system for residential or small commercial applications will be introduced. This highly integrated product includes the EnergyOptimizer software, which works to limit peak power consumption by offsetting line power and replacing it with battery power at pre-programmed times. The system includes an inverter for the PV modules and can also serve as an uninterrupted power supply (UPS) in emergencies.

We cordially invite you to visit us and learn more about the high performance products and solutions at BenQ Solar's booth #7233 during Intersolar North America 2014!

HSINCHU, June 3, 2014 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) announced today that it will participate in Display Week 2014 in San Diego from June 3 to 5. Organized by SID (The Society for Information Display), Display Week is the largest professional display exhibition in the United States. With the focus of ultra high resolution technologies for mobile solutions and innovative display applications, AUO will debut a whole series of car displays from 7 to 12.3 inches for all kinds of in-vehicle infotainment systems, and high value-added applications including 21.3-inch AHVA (Advanced Hyper-Viewing Angle) display for high-end medical diagnostic use and fingerprint sensing technology with a panel that is large and thin.

Exhibition highlights also include 8-inch ultra high resolution WQXGA (1600x2560) panel for tablets applying amorphous silicon (a-Si) TFT process technology, 5.5-inch ultra high resolution WQHD (1440x2560) LTPS (Low Temperature Poly-silicon) panel for smartphones, 15.6-inch Full HD touch solutions adopting oTP (On-cell Touch Panel), the world's first^(*) 1.6-inch ultra thin in-cell touch AMOLED panel for wearable devices, and 5-inch flexible AMOLED panel.

HSINCHU, Oct. 30, 2013 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today held its investor conference and announced its unaudited consolidated financial results for the third quarter of 2013⁽¹⁾.

Consolidated revenues in the third quarter of 2013 were NT$107,081 million (US$3,622 million)⁽²⁾, down 4.7% from the previous quarter. Gross profit was NT$10,266 million (US$347 million), with the gross margin of 9.6%. Operating profit was NT$3,374 million (US$114 million), with the operating margin of 3.2%. AUO's net income for the third quarter of 2013 was NT$2,510 million (US$85 million).Net income attributable to owners of Company was NT$2,490 million (US$84 million), with a basic EPS of NT$0.27⁽³⁾ (US$0.09 per ADR).

For the first nine months of 2013, AUO reported consolidated revenues of NT$313,660 million (US$10,611 million), with net income of NT$3,172 million (US$107 million) or a basic EPS of NT$0.35⁽³⁾ (US$0.12 per ADR).

HSINCHU, Sept. 10, 2013 /PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated August 2013 revenue of NT$37,155 million, up by 12.5% month-over-month and 5.8% year-over-year.

For August 2013, shipments of large-sized panels(a) used in LCD TV, desktop monitor, notebook PC, and other applications exceeded 10.47 million units, an increase of 18.9% from the previous month. Small-and-medium-sized panel shipments amounted to around 15.73 million units, up by 17.2% month-over-month.

HSINCHU, Aug. 8, 2013 /PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated July 2013 revenue of NT$33,029 million, down by 10.8% month-over-month, and increased by 4.1% year-over-year.

Second Quarter 2013 Financial Results

• Consolidated revenues in the second quarter of 2013 were NT$112,335 million (US$3,749 million) ⁽²⁾, up 19.2% from the previous quarter.
• Gross profit was NT$11,515 million (US$384 million), with the gross margin of 10.3%.
• Operating profit arrived at NT$5,205 million (US$174 million), with the operating margin of 4.6%.
•  AUO's net income for the second quarter of 2013 was NT$3,982 million (US$133 million). Net income attributable to owners of Company was NT$3,924 million (US$131 million), or a basic EPS of NT$0.43 ⁽³⁾ (US$0.14 per ADR).
• For the first half of 2013, AUO reported consolidated revenues of NT$206,579 million (US$6,895 million), with net income of NT$662 million (US$22 million) or a basic EPS of NT$0.08⁽³⁾ per common share (US$0.03 per ADR)

HSINCHU, July 9, 2013 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated June 2013 revenue of NT$37,031 million, down by 3.3% month-over-month but up by 10.8% year-over-year.  In the second quarter of 2013, AUO's unaudited consolidated revenues totaled NT$112,335 million, up by 19.2% quarter-over-quarter and 18.0% year-over-year.

For June 2013, large-sized panel^(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, exceeded 10.53 million units, an increase of 0.2% from the previous month. As for small-and-medium-sized panels, the shipments were around 12.72 million units, up by 8.0% month-over-month.

In the second quarter of 2013, large-sized panel shipments totaled around 30.52 million units, up by 13.2% quarter-over-quarter but down by 3.9% year-over-year. Shipments of small-and-medium-sized panels in the same quarter reached around 36.58 million units, up by 19.2% quarter-over-quarter but down by 3.7% year-over-year.

HSINCHU, June 17,2013 /PRNewswire/ -- To meet the significant demand for residential solar products, BenQ Solar, the world's leading solar solution brand, announced today that it has successfully deployed high value-added and reliable total solutions for homeowners in the European solar market.

BenQ Solar partnered with IRFTS, the specialist renowned for EASY ROOF EVOLUTION systems, to develop an exclusive building-integrated photovoltaics (BIPV) mounting systems, based on 20% high efficiency SunForte module, that are flexible and easy to install for customers in France and the Benelux countries.

In Italy, AC Unison, the high performance and integrated AC module total solution, will be available. The system comes with high efficiency poly-crystalline modules matched with built-in micro-inverters and web-based monitoring platform, and is capable of harvesting 5 to 20% more energy than conventional counterparts. Outstanding performance can be maintained even under partial shading. True plug-and-play design is featured, reducing installation time by up to 50%. The absence of high voltage DC also allows safe installation and ownership.

BenQ Solar also offers high efficiency DC solutions with back-contact cell technology. The SunForte module series, boasting a high efficiency of over 20%, now presents a new generation product compatible with transformer-less inverters under high voltage conditions. The panels' building-integrated photovoltaics (BIPV) mounting systems EASY ROOF EVOLUTION can also enjoy 10-year product guarantee from IRFTS.

As an integral part of the total solution, BenQ Solar provides smart energy storage systems, either equipped with lead-acid or lithium-ion batteries, for customers to choose from. Users will be able to better harness energy and effectively increase self-consumption.

To promptly serve customers, BenQ Solar is capable of offering high efficiency and quality made-in-Europe PV modules from its production site in the Czech Republic. Come witness all these residential total solar solutions first hand at booth A1.556 in Intersolar Europe 2013!

HSINCHU, May 9, 2013 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO)today announced its preliminary consolidated April 2013 revenue of NT$37,005 million, down by 2.4% month-over-month and increased by 21.9% year-over-year.

Sales Report: (Unit: NT$ million)

NEW YORK--(BUSINESS WIRE)--Citi, acting through Citibank, N.A., has been appointed as depositary for AU Optronics Corporation (AUO) follow-on $365 million offering for its American Depositary Receipt (ADR) program. Each ADR represents 10 ordinary shares and trades on the New York Stock Exchange under the symbol AUO. Citibank has been the Depositary Bank for AUO�s ADR program since its inception in May 2002. AUO�s ordinary shares are traded on the Taiwan Stock Exchange under stock ticker 2409.

Dirk Jones, Securities and Fund Services Sales Head at Citi, said, We are very proud of our relationship with AUO which now spans over one decade and look forward to it continuing."

Citi is a leading provider of depositary receipt services. With Depositary Receipt programs in 55 markets, Citi leverages its global network to help companies connect to new markets and raise capital worldwide.

Citi�s Securities and Fund Services provides customized solutions that support the diverse investment and transaction strategies of investors, issuers and intermediaries worldwide. Offering a suite of investment administration, portfolio and fund services, trust and custody and investment and financing solutions, Citi helps clients meet the challenges of issuing, managing and distributing financial products and services in today�s complex and competitive marketplace. As of the first quarter of 2013, Securities and Fund Services held $13.5 trillion in assets under custody.

HSINCHU, Taiwan, May 2, 2013 /PRNewswire-FirstCall/ -- AU Optronics Corp. (TAIEX: 2409; NYSE: AUO) (the "Company" or "AUO") today announced that its follow-on public offering of 74,000,000 American Depositary Shares ("ADSs"), each representing 10 common shares of the Company, was priced at US$4.4 per ADS. AUO has granted the underwriters an option to purchase up to an additional 6,000,000 ADSs solely to cover over-allotments.

AUO expects to receive net proceeds of approximately US$322.2 million, or US$348.3 million if the underwriters exercise their over-allotment option in full, after deducting underwriting discounts. AUO intends to use the net proceeds to fund purchases of raw materials and components from overseas.

Citigroup Global Markets Limited is acting as the Global Coordinator for the offering and Citigroup Global Markets Limited and UBS AG (Hong Kong branch) are acting as joint bookrunners for the offering. Australia and New Zealand Banking Group Limited, Hong KongBranch, ING Bank N.V., Mizuho Securities Asia Limited and Standard Chartered Securities (Hong Kong) Limited are acting as the Co-Managers of the offering.

The offering is being made pursuant to the Company's shelf registration statement on Form F-3 filed with the Securities and Exchange Commission on May 2, 2013. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, securities and does not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Company's registration statement on Form F-3 and the final prospectus supplement, when available, may be obtained from the SEC website at: http://www.sec.gov.

First Quarter 2013 Financial Results

• Consolidated revenue in the first quarter of 2013 was NT$94,244 million (US$3,161 million) ⁽²⁾, down 5.2% from the previous quarter.
• Gross profit was NT$4,548 million (US$153 million), with the gross margin of 4.8%.
• Operating loss was NT$1,361 million (US$46 million), with the operating margin of -1.4%.
• AUO's net loss for the first quarter of 2013 was NT$3,320 million (US$111 million).
• Net loss attributable to owners of Company was NT$3,173 million (US$106 million), or a basic EPS of -NT$0. 36 (-US$0.12 per ADR) vs last years -NT$1.39.

Looking back to the first quarter, AUO's display segment dispelled the gloom and turned profitable at the operating level despite the traditional slow season. On the back of product mix improvement and yield enhancement, for the display segment, the company reported positive operating margin with EBITDA margin increased to 17.5%. AUO not only had critical breakthroughs on the yield of tablet panels and also had at least doubled its tablet panel shipments sequentially. Also, the Company's UHD 4K TV panels have been well recognized by the leading international brands and mass production has smoothly commenced in the first quarter. On the other hand, for the solar segment, the market and product differentiation that gradually evolved has helped to boost the demand and price of the high-efficiency products. In addition, with the Company's constant efforts to work down the operating expenses, its loss for the solar segment has further improved.

Looking forward to the second quarter, the Company's operation is expected to further grow supported by several positive factors. For the TV panel market, AUO plans to ride the trends of large-screen TV to increase the average panel size of the Company and to continuously strengthen its competitive edge on the high-resolution products. In addition, for the small and medium-sized panels and touch applications, the Company's customer portfolio is becoming more solid and diversified. With more customers' new models expected to roll out this quarter, the Company's capacity utilization rates has chances to trend up sequentially. Driven together by smartphone, tablet, and touch panels, it is hoped to further contribute to AUO's growth momentum and earnings performance.

HSINCHU, Taiwan, April 8, 2013 /PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its consolidated March 2013 revenue of NT$37,917 million, up by 36.7% month-over-month and 20.6% year-over-year. The Company's March revenue increased by over NT$10 billion compared to the previous month, which recorded the highest monthly sales over the past 30 months. For the first quarter of 2013, AUO's unaudited consolidated revenues totaled NT$94,244 million, down by 5.2% quarter-over-quarter but up by 16.2% year-over-year.

For March 2013, Large-sized panel ^(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were around 10.59 million units, an increase of 34.4% from the previous month. As for small-and-medium-sized panels, the shipments nearly reached 12.39 million units, up by 33.5% month-over-month.

In the first quarter of 2013, large-sized panel shipments were about 26.96 million units, a decrease of 13% from last quarter and a decrease of 1.1% over last year. On the other hand, shipments of small-and-medium-sized panels for the same quarter totaled 30.68 million units, down by 18.5% quarter-over-quarter and 16.3% year-over-year

HSINCHU, Taiwan, Oct. 25, 2012 /PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today held its investors conference and announced its unaudited earnings results for the third quarter of 2012(1).

Consolidated revenue in the third quarter of 2012 was NT$102,781 million (US$3,509 million)(2), up 8% from the previous quarter. Gross profit was -NT$1,862 million (-US$64 million), with the gross margin of -1.8%. Operating loss was NT$9,147 million (US$312 million), with the operating margin of -8.9%. AUO's net loss for the third quarter of 2012 was NT$16,479 million (US$563 million). Net loss attributable to equity holders of the parent company was NT$16,275 million (US$556 million), or a basic EPS of -NT$1.84 (-US$0.63 per ADR).

3Q2012 Result Highlights

AUO's unaudited consolidated results for the third quarter of 2012 were highlighted as below:

• Revenue was NT$102,781 million, up 8% quarter-over-quarter
• Net loss was NT$16,479 million
• Basic EPS was -NT$1.84
• Gross margin was -1.8%
• Operating margin was -8.9%
• EBITDA(3) margin was 9.3%

In the third quarter of 2012, shipments for AUO's large-sized panel shipments reached around 33.2 million units, up by 4.6% quarter-over-quarter. Shipments for small and medium-sized panels were around 42.2 million units, up 11.1% quarter-over-quarter.

Looking back to the third quarter, thanks to a gradual improvement in panel supply and demand, the average selling price of TV panels sequentially recovered. The Company's capacity utilization rates also steadily increased, while its days of inventory decreased substantially. Nevertheless, the improvement of the Company's profitability was slower than expected due to a couple of reasons:

• With an eye on the long-term competitiveness, the Company continues to cultivate new technologies and currently has achieved initial success in development cooperation with its customers on a couple of new products. However, in the third quarter, the Company's new technology platforms and new products, especially for small and medium-sized products, were still in production ramp up period. Therefore, the contribution from these new products to the Company's profitability was softer than expectation.
• Our solar business is still facing an industry downturn. Going forward, the Company will proactively adjust its operation scale and cut operating costs as well as expenses, aiming to effectively reduce the operating losses in the solar business.

Looking forward, as the TV panel market is expected to recover gradually, the Company will continue to focus on technology upgrading and manufacturing process enhancement. It will also continue to strengthen the customer and product portfolios of small and medium-sized panels, hoping to promptly improve its production efficiency and operational performance.

HSINCHU, Oct. 9, 2012 /PRNewswire/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated Sep. 2012 revenue of NT$35,955 million, up by 2.4% month-over-month and 9.2% year-over-year.  In the third quarter of 2012, AUO's unaudited consolidated revenues totaled NT$102,778 million, up by 8% quarter-over-quarter and up by 3.9% year-over-year.

For Sep. 2012, large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were over 11.75 million units, an increase of 6% from the previous month. As for small-and-medium-sized panels, the shipments were around 14.64 million units, down by 7.5% month-over-month.

In the third quarter of 2012, large-sized panel shipments totaled around 33.22 million units, up by 4.6% quarter-over-quarter and 11.9% year-over-year. Shipments of small-and-medium-sized panels in the same quarter exceeded 42.22 million units, up by 11.1% quarter-over-quarter and down by 18.9% year-over-year.

HSINCHU, September 7, 2012 /PRNewswire-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated August 2012 revenue of NT$35,103 million, up by 10.7% month-over-month and increased by 5.5% year-over-year.  

For August 2012, Large-sized panel^(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were over 11.08 million units, an increase of 6.7% from the previous month. As for small-and-medium-sized panels, the shipments are almost15.83 million units, up by 34.7% month-over-month. 

HSINCHU, Taiwan, Aug. 9, 2012 /PRNewswire-Asia/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated July 2012 revenue of NT$31,719 million, down by 5.1% month-over-month and decreased by 3.1% year-over-year.

For July 2012, Large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were over 10.38 million units, a decrease of 9.7% from the previous month. As for small-and-medium-sized panels, the shipments exceeded 11.75 million units, down by 17.8% month-over-month.

Second Quarter 2012 Results

HSINCHU, July 10, 2012 /PRNewswire-Asia/ -- AU Optronics Corp.("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated June 2012 revenue of NT$33,426 million, up by 6.4% month-over-month and 6.9% year-over-year.  In the second quarter of 2012, AUO's unaudited consolidated revenues totaled NT$95,189 million, up by 17.4% quarter-over-quarter and down by 2.9% year-over-year.

For June 2012, large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, exceeded 11.50 million units, an increase of 12.5% from the previous month. As for small-and-medium-sized panels, the shipments were around 14.30 million units, up by 11.8% month-over-month.

In the second quarter of 2012, large-sized panel shipments totaled over 31.75 million units, up by 16.5% quarter-over-quarter and 7.2% year-over-year.  Shipments of small-and-medium-sized panels in the same quarter reached around 38.00 million units, up by 3.6% quarter-over-quarter and down by 16.4% year-over-year.

HSINCHU, Taiwan, June 7, 2012 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated May 2012 revenue of NT$31,402 million, up by 3.4% month-over-month and decreased by 6.6% year-over-year.

For May 2012, Large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were approximately 10.22 million units, an increase of 1.9% from the previous month. As for small-and-medium-sized panels, the shipments were over 12.78 million units, up by 17.1% month-over-month.

1Q 2012 Result Highlights

AUO's unaudited consolidated results for the first quarter of 2012 were highlighted as below:

• Revenue was NT$81,102 million, down 9.4% quarter-over-quarter
• Net loss was NT$13,796 million
• Basic EPS was -NT$1.54 per common share
• Gross margin was -8%
• Operating margin was -16.6%
• EBITDA(3) margin was 8.2%

In the first quarter of 2012, shipments for AUO's large-sized panels reached around 27.3 million units, up by 1.8% quarter-over-quarter. Shipments for small and medium-sized panels were around 36.7 million units, down 21.1% quarter-over-quarter.

Due to the seasonal weakness in panel demand, the Company's revenue in the first quarter declined compared to the fourth quarter of last year. Nonetheless, because of effective cost control by AUO's management team, the operating margin and EBITDA margin improved sequentially over the previous quarter.

Looking forward to the second quarter, some of AUO's products that have been in development for a long time, such as the panels with new sizes or the products applying new display technologies, are expected to kick off mass production consecutively. The Company hopes the introduction of these new products could help it establish a base to capture the peak-season demand in the second half of this year, and meanwhile help improve revenues and shipments quarter over quarter.

HSINCHU, April 10, 2012 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp.("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated March 2012 revenue of NT$31,441 million, up by 12.5% month-over-month and down by 12.5% year-over-year. AUO's unaudited consolidated revenues for the first quarter of 2012 totaled NT$81,102 million, down by 9.4% quarter-over-quarter and 13% year-over-year.

For March 2012, Large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, surpassed 10.43 million units, an increase of 9.8% from the previous month. As for small-and-medium-sized panels, the shipments were around 13.22 million units, up by 0.8% month-over-month.

In the first quarter of 2012, large-sized panel shipments exceeded 27.25 million units, an increase of 1.8% from last quarter and a decrease of 4% over last year. On the other hand, shipments of small-and-medium-sized panels for the same quarter totaled 36.67 million units, down by 21.1% quarter-over-quarter and 15.7% year-over-year.

Fourth Quarter 2011 Results

HSINCHU, Taiwan, Jan. 9, 2012 /PRNewswire-Asia-FirstCall/ -- On January 9, 2012, in San Francisco, AU Optronics Corporation begins trial in the case brought against it, its subsidiary AUO America and five of its current and former executives by the United States Department of Justice ("DOJ"). Despite the huge fines sought by the DOJ, AUO continues to fight the case because it is the right thing to do as it wishes that the real facts be presented through trial. The Company believes that the allegations made by the DOJ and the large fines the DOJ seeks to obtain are not warranted by the law and facts, and the Company believes the executives who have been charged are innocent of the charges. The Company continues to fight because it believes in the integrity of those who have worked tirelessly to make the company what it is.  If a company, for expediency reasons, chooses to plead guilty and requires its executives to cooperate with the plea and serve prison terms, not only would it fail to protect the shareholders' and investors' interests, but it would also mean rejecting the diligence and hard work of all those who built the company, and instead to cast aspersions on their character and conduct in building the company, which goes against AUO's core value.  This, AUO will not do.

The story of AUO is very much the story of Taiwan itself.  The growth of AUO was filled with competition and challenges.  When AUO entered this industry more than a decade ago, the Company knew that the international competitors were dominant, and had been in the business for years.  Despite the odds, AUO took on the challenge and has fully and fiercely competed with its rivals. The Company did not, as the DOJ alleges, fix prices with its competitors to get to where it is now.  AUO competed with others through its innovation, hard work and the efficiency of its employees to gradually become a global leader in the TFT-LCD industry.

Doing the right thing, however, is not always the easiest thing.  The executives have paid a high price for their stance.  In 2010, after the indictments were finally issued, and although the executives appeared in court voluntarily, they were accused by the DOJ of being "flight risks" merely because there was no extradition treaty between the US and Taiwan.  The executives were forced to stay in the United States.  The executives then tried as best as they could to maintain their obligations to the Company, their peers, co-workers, employees, and most importantly, their families thousands of miles from home.  Some had elderly parents in failing health who they could not see and could not take care of in their twilight years.  Others had young children who they could not see grow up, and could only communicate with on the phone or on-line.  Professionally, the executives had to try to do their job based thousands of miles away without the ability to interact with others face-to-face.

The easy route would have been to plead, but pleading would have meant sacrificing core values and admitting to something that was not true.  During trial, AUO is confident that the facts will come out related to how competitive the TFT-LCD business has been; how competition in the industry has been fierce, driving many companies to abandon the business and leaving only those who are the most efficient and with the lowest cost; and most importantly, how the fierce competition drove the price for panels down lower and lower, making products from monitors to notebooks to flat screen televisions more affordable for everyone.

AUO and its executives have made many sacrifices in the past years.  The sacrifices have been made to protect the interest of its shareholders and investors, to guard the core value of the Company and to seek justice, and because, while others may have forgotten, AUO still remembers the story of how it fiercely competed with its rivals in the TFT-LCD industry.

The Company will continue to evaluate and take appropriate actions in the interest of the Company regarding antitrust related matters.

HSINCHU, Taiwan, July 7, 2011 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated June 2011 revenue of NT$31,273 million, down by 6.9% month-over-month and 28.3% year-over-year. Due to customers' inventory adjustments, panel's order momentum was weaker than expected. In the second quarter of 2011, AUO's unaudited consolidated revenues totaled NT$98,050 million, up by 5.2% quarter-over-quarter and down by 23.7% year-over-year.

For June 2011, large-sizedpanel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, exceeded 9.2 million units, a decrease of 11.9% from the previous month. As for small-and-medium-sized panels, the shipments were around 16.55 million units, up by 11.7% month-over-month.

In the second quarter of 2011, large-sized panel shipments totaled over 29.63 million units, up 4.3% quarter-over-quarter and flattish year-over-year. Shipments of small-and-medium-sized panels in the same quarter reached around 45.47 million units, up by 4.6% quarter-over-quarter and down by 18% year-over-year.

We need cash primarily for capacity expansion and working capital. Although we have historically been able to meet our working capital requirements through cash flow from operations, our ability to expand our capacity has largely depended upon, and to a certain extent will continue to depend upon, our financing capability through the issuance of equity securities, long-term borrowings and the issuance of convertible and other debt securities.

We believe that our existing cash, cash equivalents, short-term investments, expected cash flow from operations and borrowings under our existing and future credit facilities should be sufficient to meet our present capital expenditure, working capital, cash obligations under our existing debt and lease arrangements and other requirements. We frequently need to invest in new capacity to improve our economies of scale and reduce our production costs, which may require us to raise additional capital.

HSINCHU, June 8, 2011 /PRNewswire-Asia/ --AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated May 2011 revenue of NT$33,603 million, up by 1.3% month-over-month and down by 23.3% year-over-year.

For May 2011, large-sized panel(a) shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were around 10.45 million units, an increase of 4.7% from the previous month. As for small-and-medium-sized panels, the shipments were nearly 14.82 million units, up by 5.0% month-over-month.

HSINCHU, Taiwan, April 27, 2011 /PRNewswire-Asia-FirstCall/ -- AU Optronics Corp. today held its investors conference and announced its unaudited results for the first quarter of 2011(1).

• AUO posted consolidated revenue of NT$93,230 million (US$3,171 million)(2), down 9.1% from the previous quarter.
• Gross profit was at -NT$6,270 million (-US$213 million), with the gross margin of -6.7%.
• Operating loss was at NT$14,227 million(US$484 million), with the operating margin of -15.3%.
• AUO's net loss for the first quarter was at NT$13,899 million (US$473 million).
• Net loss attributable to equity holders of the parent company was NT$13,978 million (US$475 million), with basic EPS of -NT$1.58 per common share (-US$0.54 per ADR).

"Owing to the weaker-than-expected TV panel prices and the currency influence of NT dollar appreciation, AUO's operating performance in the first quarter of 2011 fell short of expectations," said Mr. Andy Yang, Chief Financial Officer of AUO