AU Optronics October Revenues Drop 16%

AU Optronics (AUO) announced preliminary consolidated revenues for October 2010. Revenues decreased 16.3% M/M and 11.3% Y/Y to NT$35.13 billion. Large-size LCD panel shipments also declined 3.8% M/M to 9.15 million units. Shipments of small/medium-size LCDs dropped 11.7% M/M to 17.76 million units.