AU Optronics Q2’11 Financial Results

AUO: Consolidated revenue increased 5.2% Q/Q to NT$98,050 million, but the second-largest Taiwan-based LCD manufacturer posted a net loss of NT$10,766 million.

AUO CFO Andy Yang:

In the second quarter of 2011, owing to macro uncertainties and customers’ inventory adjustments, which impacted the order momentum, AUO’s revenue growth and panel pricing trend were weaker than expected.

The trick, it seems, is to expect better.

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