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AU Optronics Corp. Reports December 2020 Consolidated Revenue

 

AU Optronics Corp. ("AUO" or the "Company") (TWSE: 2409) today announced its unaudited consolidated revenue of NT$28.86 billion for December 2020(1), up by 11.2% month-over-month and significantly increased by 39.3% year-over-year. In the fourth quarter of 2020, unaudited consolidated revenues were NT$80.54 billion, up by 10.0% quarter-over-quarter and substantially increased by 30.0% year-over-year.

 

For the year ended December 31, 2020, unaudited consolidated revenues totaled NT$271.0 billion, up by 0.8% year-over-year.

 

Shipments of large-sized panels(2) for LCD TV, desktop monitor, notebook PC, and other applications totaled around 11.69 million units in December 2020, up by 8.1% month-over-month. As for small-and-medium-sized panels, the shipments were around 8.73 million units, down by 6.6% month-over-month.

 

In the fourth quarter of 2020, large-sized panel shipments totaled around 33.25 million units, down by 1.7% quarter-over-quarter and up by 25.3% year-over-year. Shipments of small-and-medium-sized panels in the same quarter exceeded 28.81 million units, down by 4.1% quarter-over-quarter and 23.1% year-over-year.

 

For the full year of 2020, large-sized panel shipments were around 120.20 million units, an increase of 11.1% from the previous year. Small and medium-sized panel shipments totaled around 117.48 million units, down by 10.3% year-over-year.

 

 

AUO December Revenue Report:

(Unit: NT$ million)

 

Period Consolidated Revenue
December 2020 28,858
November 2020 25,952
MoM Change 11.2%
December 2019 20,714
YoY Change 39.3%
Jan. to Dec. 2020 270,955
Jan. to Dec. 2019 268,792
YoY Change 0.8%

 

 

(1) All financial information was unaudited and was prepared by the Company in accordance with Taiwan IFRS.

(2) Large size refers to panels that are 10 inches and above.