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    AUO March 2004 Consolidated Revenues Totaled NT$15.1 Billion

    Published date:2004-04-06

    Hsinchu, Taiwan


    AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$15,098 million for March 2004, the eleventh consecutive month of record revenues. Unaudited unconsolidated net sales of NT$13,921 million was reported for the month.

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    Large-size TFT-LCD panel shipment in March 2004, inclusive of desktop monitor, notebook, LCD TV, and other applications, reached 1.47 million, up 10.8% sequentially. The solid M-o-M shipment growth and the 13th straight month of record large panel shipment are primarily contributed by additional output from AUO's second Gen. 5 production facility (Fab L8B), which is currently in the ramp-up process. Unit shipment for small and medium size panels in March 2004 continued to improve, up 12.3% from February to 1.95 million, after reaching a seasonal low in January 2004.

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    Consolidated revenues rose 13.4% M-o-M and 122.3% Y-o-Y, while unconsolidated net sales increased 11.5% and 118.5%, M-o-M and Y-o-Y, respectively.

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    For the first three months ended March 31, 2004, unaudited consolidated net sales revenues rise 126.2% Y-o-Y to NT$41.3 billion, while unit shipment for large-size and small-medium size panels totaled 4.10 million and 5.19 million, respectively.

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    Sales Report:

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    (Unit:NT$ million)

    Net Sales Revenues(1)(2)

    Consolidated(3)

    Unconsolidated

    March 2004

    15,098

    13,921

    February 2004

    13,317

    12,480

    M-o-M Growth

    13.4%

    11.5%

    March 2003

    6,791

    6,371

    Y-o-Y Growth

    122.3%

    118.5%

    January to March 2004

    41,331

    38,536

    January to March 2003

    18,268

    17,115

    Y-o-Y Growth

    126.2%

    125.2%

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    (1 ):All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
    (2):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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