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AUO Corporation FY2003 Net Sales Totaled NT$104.8 Billion

Published date:2004-01-07

Hsinchu, Taiwan


AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$11,856 million for the month of December 2003, the eighth consecutive month of record sales, while unaudited unconsolidated net sales amounted NT$11,164 million. For the fiscal year 2003, unaudited consolidated and unconsolidated net sales totaled NT$104.8 billion and NT$97.6 billion, respectively.

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December shipments of large-size TFT-LCD panels, inclusive of desktop monitors, notebook, LCD TV, and other applications increased 3.4% M-o-M to 1.2 million. Unit shipment for small-medium size panels in December declined 18.9% sequentially to 1.7 million, reflecting the traditional off-season effect.

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For fiscal year 2003, unaudited consolidated net sales revenues rise 38.5% from 2002 to NT$104.8 billion, unit shipment for large-size and small-medium size panels totaled 11.85 million and 21.43 million, representing significant growth of 42.4% and 135.7% from 2002, respectively.

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Sales Report:

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(Unit:NT$ million)

Net Sales(1)(2)

Consolidated(3)

Unconsolidated

December 2003

11,856

11,164

November 2003

11,369

10,561

M-o-M Growth

4.3%

5.7%

December 2002

5,244

5,129

Y-o-Y Growth

126.1%

117.7%

January to December 2003(4)

104,821

97,610

January to December 2002(4)

75,689

75,507

Y-o-Y Growth

38.5%

29.3%

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(1):All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2):Year 2003 figures and all consolidated numbers have not been audited, prepared by AUO Corporation
(3):ncluding AUO Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").
(4):Numbers adjusted to reflect fluctuation in foreign exchange rates.

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