AUO Reports 4.6% On Year Decline In March Sales

AU Optronics (AUO) has announced its consolidated revenues in March reached NT$24.39 billion (US$790.66 million), up by 17.4% on month but down by 4.6% on year. The Taiwan-based panel maker’s consolidated revenues in the first quarter of 2019 came to NT$66.70 billion, down by 13.5% sequentially and 10.4% on year.

Shipments of large-sized panels (10-inch and above) for LCD TV, desktop monitor, notebook PC, and other applications were around 9.68 million units in March, up by 19.0% on month, the panel maker disclosed. As for small- to medium-sized panels, shipments were approximately 10.27 million units, up by 50.7% on month.

In the first quarter of 2019, large-sized panel shipments totaled around 25.87 million units, down by 9.1% sequentially and 9.3% on year. Shipments of small- to medium-sized panels in the same quarter were around 24.96 million units, down by 22.4% quarter-over-quarter and 46.4% year-over-year.―Digitimes

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