AUO January 2004 Consolidated Revenues Totaled NT$12.9 Billion

Published date:2004-02-05

Hsinchu, Taiwan

AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$12,916 million for January 2004, the ninth consecutive month of record revenues. Unaudited unconsolidated net sales of NT$12,135 million was reported for the month.

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Despite Lunar New Year holidays and routine TaiPower annual maintenance at certain fabs, large-size TFT-LCD panel shipment in January 2004, inclusive of desktop monitors, notebook, LCD TV, and other applications, reached 1.3 million in January 2004, up 5.6% sequentially. The 11th straight month of record large panel shipment is primarily contributed by enhancing yields of AUO's Gen. 5 production facility (Fab L8A). Unit shipment for small and medium size panels in January 2004 continued to experience seasonal decline in digital camera applications, down 12.5% from December 2003 to 1.5 million.

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Consolidated revenues rose 8.9% M-o-M and 126.7% Y-o-Y, while unconsolidated net sales increased 8.7% and 127.0%, M-o-M and Y-o-Y, respectively.

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Sales Report：

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(Unit：NT$ million)

Net Sales Revenues⁽¹⁾⁽²⁾	Consolidated⁽³⁾	Unconsolidated
January 2004	12,916	12,135
December 2003	11,856	11,164
M-o-M Growth	8.9%	8.7%
January 2003	5,697	5,346
Y-o-Y Growth	126.7%	127.0%

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(1)：All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2)：Year 2004 figures and all consolidated numbers have not been audited, prepared by AUO Corporation.
(3)：Including only AUO Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").

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AUO January 2004 Consolidated Revenues Totaled NT$12.9 Billion