AU Optronics April 2011 Results

AU Optronics:

AU Optronics Corp. today announced its preliminary consolidated April 2011 revenue of NT$33,174 million, down by 7.7% month-over-month and 19.4% year-over-year.

For April 2011, large-sized panel shipments, with applications on desktop monitor, notebook PC, LCD TV and other applications, were around 9.98 million units, a decrease of 6.8% from the previous month. As for small-and-medium-sized panels, the shipments were nearly 14.11 million units, down by 15.9% month-over-month.

Weak LCD TV panel prices and the appreciating NT dollar didn’t help AUO. The second largest LCD supplier in Taiwan, after Chimei Innolux, will shift toward high-end LCDs: smartphones, tablets, LCDs with LED backlights, and 3D.

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