AUO July 2004 Consolidated Revenues Totaled NT$14.6 Billion

Published date:2004-08-09

Hsinchu, Taiwan

AUO Corporation ('AUO' or the 'Company') (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$14,601 million and unconsolidated net sales of NT$14,564 million for the month of July 2004.

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July shipment for large-size TFT-LCD panels, inclusive of panels for desktop monitor, notebook, LCD TV, and other applications, continued to be impacted by customers’ inventory adjustments, increased by a moderate 2.6% from June to 1.57 million. Unit shipment for small- and medium-size panels reached 3.06 million in July on seasonal strength, rising 12.4% on a month-over-month basis.

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Consolidated revenues for the month declined 8.0% M-o-M, but grew 69.7% Y-o-Y, while unconsolidated net sales decreased 8.2% M-o-M and increased 82.5% Y-o-Y, respectively.

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Sales Report：

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(Unit：NT$ million)

Net Sales^(1)(2)(4)	Consolidated⁽³⁾	Unconsolidated
July 2004	14,601	14,564
June 2004	15,867	15,865
M-o-M Growth	-8.0%	-8.2%
July 2003	8,604	7,980
Y-o-Y Growth	69.7%	82.5%
Year-to-Date	104,462	101,444
1H2003	42,110	39,191
Y-o-Y Growth	106.0%	115.1%

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(1 )：All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2)：Year 2004 figures are unaudited, prepared by AUO Corporation.
(3)：Consolidated numbers include AUO Corporation, AU Optronics (Lauban) Corporation, and AU Optronics (Suzhou) Corporation.
(4)：Numbers modified to reflect the adjustments made by auditors for 1H 2003 Consolidated Financial Statements and to reflect foreign exchange translation adjustments.

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AUO July 2004 Consolidated Revenues Totaled NT$14.6 Billion